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Posted 09 September, 2022

Avangrid, Inc. appointed new CEO

CEO Change detected for ticker NYSE:AGR in a 8-K filed on 09 September, 2022.


  On September 8, 2022, Avangrid Management Company, LLC, a wholly owned subsidiary of Avangrid, Inc. (the "Corporation"), entered into a separation and release agreement (the "Separation Agreement") with Dennis Arriola in connection with his previously announced resignation as Chief Executive Officer.  

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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 September 8, 2022, Avangrid Management Company, LLC, a wholly owned subsidiary of Avangrid, Inc. (the "Corporation"), entered into a separation and release agreement (the "Separation Agreement") with Dennis Arriola in connection with his previously announced resignation as Chief Executive Officer. The Separation Agreement provides that Mr. Arriola will receive a payment of $600,000, subject to customary separation and release provisions. 


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