Steven Specker elected president and CEO of EPRI

PALO ALTO, Calif., July 23, 2004 — Steven Specker has been elected by the Board of Directors to head up the Electric Power Research Institute, effective September 1. He will replace Kurt Yeager, who plans to retire as president and CEO.

In announcing Specker’s appointment, Yeager said, “Steven brings an exceptionally strong technical and business background to EPRI, together with an in-depth and highly respected knowledge of the electricity enterprise. His 34-year career has spanned nearly every dimension of the business.”

Prior to joining EPRI, Specker spent 30 years at General Electric, most recently as vice president of Global Marketing for GE Energy in Atlanta. Before that, Specker was president of GE Digital Energy, where he was responsible for the formation of a new business venture to support the growing needs of the digital economy for highly reliable electricity. From 1992 to 2000 Specker served as president of GE Nuclear Energy. Earlier he held three successive general management roles within GE.

Specker said of his new role, “This will be an opportunity to make a meaningful contribution to the continued vitality of the electric sector, to which I have devoted my entire career.”

He holds a BS in Engineering Science, an MS in Nuclear Engineering, and a Ph.D. in Nuclear Engineering from Iowa State University.

EPRI, headquartered in Palo Alto, Calif., was established in 1973 as a non-profit center for public interest energy and environmental research. EPRI’s collaborative science and technology development program now spans nearly every area of power generation, delivery and use. More than 1,000 energy organizations and public institutions in 40 countries draw on EPRI’s global network of technical and business expertise.

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