IRVING, Texas - Vistra (NYSE: VST), a Fortune 500 electricity and power generation company, has announced the appointment of John W. (Bill) Pitesa to its board of directors. The appointment coincides with the recent acquisition of Energy Harbor and is effective immediately. Pitesa, with over four decades of experience in the nuclear industry, will also chair the newly formed Nuclear Oversight Committee, previously an advisory board.
The company's chairman, Scott Helm, expressed confidence in Pitesa's expertise, particularly in overseeing the safe and efficient management of Vistra's nuclear operations. Vistra's nuclear fleet has become the second-largest of its kind in the competitive market within the United States.
Pitesa's career in the nuclear sector spans his entire professional life. He served as chief nuclear officer at Duke Energy (NYSE:DUK) and held a similar role at the Nuclear Energy Institute (NEI) until his retirement in 2018. His tenure in the industry includes significant involvement with the International Atomic Energy Agency (IAEA) and the World Association of Nuclear Operators (WANO), contributing to nuclear plant reviews.
With a Bachelor of Science in electrical engineering from Auburn University, Pitesa is a registered professional engineer and an alumnus of Harvard's Advanced Management Program. His previous role before joining Vistra was on the board of directors for Energy Harbor, where he chaired the nuclear committee until Vistra's acquisition.
Vistra operates across key regions in the United States, from California to Maine, emphasizing reliability, affordability, and sustainability in its services. The company manages a diverse power generation portfolio, including natural gas, nuclear, coal, solar, and battery energy storage facilities. It also focuses on a customer-centric approach to its retail electricity business.
This expansion of Vistra's board and the establishment of the Nuclear Oversight Committee reflect the company's strategic moves following its acquisition activities.
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