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Posted 04 February, 2021

Avangrid, Inc. appointed new CEO

CEO Change detected for ticker NYSE:AGR in a 8-K filed on 04 February, 2021.


  On February 2, 2021, Anthony Marone III, President, Chief Executive Officer and Director of Avangrid Networks, Inc., a wholly-owned subsidiary of Avangrid, Inc. (the "Corporation"), notified the Corporation of his intention to retire effective May 2, 2021.  

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Overview of Avangrid, Inc.
Companies on the Energy Service • Electric Utilities
Avangrid, Inc. engages in the energy transmission and gas distribution. It operates through the following segments: Networks, Renewables, and Other. The Networks segment includes energy transmission and distribution, electric transmission, and gas distribution activities. The Renewables segment relates to renewable energy, mainly wind energy generation and trading related to such activities. The Other segment covers miscellaneous corporate revenues including intersegment eliminations. The company was founded in 1852 and is headquartered in Orange, CT.
Market Cap
$12.4B
View Company Details
Avangrid, Inc. by TradingView
Relevant filing section
Item 5.02 
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. 


On February 2, 2021, Anthony Marone III, President, Chief Executive Officer and Director of Avangrid Networks, Inc., a wholly-owned subsidiary of Avangrid, Inc. (the "Corporation"), notified the Corporation of his intention to retire effective May 2, 2021. On February 4, 2021, the Corporation announced that Catherine S. Stempien will succeed Mr. Marone as President, Chief Executive Officer and Director of Networks, effective March 15, 2021. A copy of the Corporation's press release is attached hereto as Exhibit 99.1.