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Tuesday, January 06, 2009
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Management

Stephen P. Reynolds

Stephen P. Reynolds


Stephen P. Reynolds is chairman, president and chief executive officer for Washington-based Puget Energy (NYSE: PSD), a Fortune 1000 company, and its utility subsidiary, Puget Sound Energy.

Under Reynolds’ leadership, Puget Energy has strengthened its financial health by concentrating on its core business: retail utility service within a regulated environment. Central to this goal, in today’s volatile energy marketplace, is PSE’s strategy of meeting the energy needs of its growing customer base through incremental, cost-effective energy conservation, low-cost procurement of sustainable energy resources, and far-sighted investment in the energy-delivery infrastructure.

PSE has also become an industry leader in renewable energy and promoting energy efficiency practices. The company owns two wind energy facilities and is developing the largest solar facility in the Pacific Northwest.

Reynolds has three decades of experience in both the natural gas and electric power business, including significant accomplishments in energy matters at the state and federal levels in North America and internationally. He was formerly CEO of Reynolds Energy International and served for 10 years as CEO of Pacific Gas Transmission Company of Portland, Oregon.

Reynolds is also committed to strengthening company relationships with customers, regulators, industry peers, employees, and other key constituencies. In addition to his responsibilities with Puget Energy and PSE, Reynolds serves on the boards of directors for: ArtsFund, The 5th Avenue Theatre, The Performing Arts Center Eastside, The Nature Conservancy of Washington, Washington Roundtable, Green Diamond Resources Company, Intermec, Inc., the Edison Electric Institute, and the American Gas Association.

A California native, Reynolds has a bachelor’s degree in Economics from the University of California-Berkeley, and a master’s in Business Administration from the University of Oregon.