Northeast Utilities names new CL&P president

BERLIN, Conn., Sept. 4, 2001 – Cheryl W. Grise, President – Utility Group of Northeast Utilities, announced today the appointment of Leon J. Olivier, Senior Vice President – Indian Point, Entergy Corporation, to the position of President and Chief Operating Officer, Connecticut Light & Power Company (CL&P).

Prior to joining Entergy earlier this year, Olivier served as Senior Vice President and Chief Nuclear Officer of Northeast Nuclear Energy Company.

The appointment will be effective September 10, 2001, and he will report to Grise.

“We are extremely pleased with our ability to offer our customers, communities and employees the outstanding leadership, knowledge and integrity that Lee brings to this position,” Grise said. “His exemplary performance at Millstone Station, where he was responsible for the direction, management, performance, safety and profitability of a rapidly evolving organization, is exactly what we need to lead CL&P.”

“I am looking forward to returning to NU,” said Olivier, “where I know the solid management, operational skill, infrastructure and creativity position us well both for our future growth in the industry and our expanding contributions to the nation’s energy needs.”

Olivier, 52, came to NU in 1998 with 29 years experience at Boston Edison, where he was responsible for a wide variety of nuclear and fossil power operations. In his last position there, he served as Senior Vice President – Nuclear, the entire nuclear organization, including the Pilgrim Station nuclear facility in Plymouth, Massachusetts.

A native of Massachusetts, Olivier received his MBA from Northeastern University and an honorary doctorate degree in Public Service from Bridgewater State College.

Olivier is member of the Board of Directors of the Eastern Connecticut Symphony.

Olivier resides in Old Lyme, Connecticut with his wife, Bernadette.

Northeast Utilities operates New England’s largest energy delivery system, serving more than 1.7 million electric power customers in Connecticut, Massachusetts and New Hampshire and 187,000 natural gas customers in Connecticut. NU is one of the largest competitive energy suppliers in New England and is a major energy trader in the Northeast.

NU is a community and economic development partner, committed to environmental leadership and stewardship. For more information on the Northeast Utilities system, please see our Web site at www.nu.com.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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