Stevens alumnus elected president and COO of PSEG
Ralph LaRossa’s election follows a career of more than 20 years
HOBOKEN , N.J. — Ralph LaRossa, who holds a Bachelor’s Degree in Industrial Engineering from Stevens Institute of Technology, has been appointed president and chief operating officer of PSEG's utility business, Public Service Electric and Gas Company (PSE&G). “The Board's choice of Ralph LaRossa to guide PSE&G in the ever-changing energy business environment is a tribute to his wealth of knowledge, vast experience, hard work and depth of leadership capabilities,” said E. James Ferland, who is relinquishing his post as president of PSEG. “LaRossa is well-liked and well-respected in and out of the company. I could not be happier for him, and I am confident he will do an excellent job for our shareholders, customers, employees and the communities we serve.”
“The challenges facing PSE&G in the safe and reliable delivery of electricity and natural gas to more than 2.2 million customers in New Jersey are enormous. But, I am extremely pleased to be given the opportunity to take on these challenges along with a superb work force. I thank Jim, Ralph and the Board for their confidence in me,” said LaRossa.
Ralph LaRossa’s election as president and chief operating officer of PSE&G follows a career of more than 20 years at New Jersey’s largest utility. Since April 2003, he has served as vice president-electric delivery. Prior to that, he served as vice president-delivery operations support. In his varying leadership capacities over the years, he assumed responsibility for virtually every aspect of electric delivery, including construction, engineering, asset management, technology improvements, asset maintenance, performance assessment, fleet maintenance, supply chain management and other support functions. LaRossa joined PSE&G in 1985 and advanced through a variety of management positions in the utility’s electric and gas operations, providing him a strong background for senior management positions
About Public Service Enterprise Group
Public Service Enterprise Group is a publicly traded diversified energy company with annual revenues of more than $12 billion, and three principal subsidiaries: PSEG Power, one of the largest independent power producers in the US; Public Service Electric and Gas Company (PSE&G), New Jersey's oldest and largest energy distribution utility company; and, PSEG Energy Holdings, a holding company for other non-regulated energy businesses.
About Stevens Institute of Technology
Founded in 1870, Stevens Institute of Technology is one of the leading technological universities in the world dedicated to learning and research. Through its broad-based curricula, nurturing of creative inventiveness, and cross disciplinary research, the Institute is at the forefront of global challenges in engineering, science, and technology management. Partnerships and collaboration between, and among, business, industry, government and other universities contribute to the enriched environment of the Institute. A new model for technology commercialization in academe, known as Technogenesis®, involves external partners in launching business enterprises to create broad opportunities and shared value.
Stevens offers baccalaureates, master’s and doctoral degrees in engineering, science, computer science and management, in addition to a baccalaureate degree in the humanities and liberal arts, and in business and technology. The university has a total enrollment of 2,150 undergraduate and 3,500 graduate students, with about 250 full-time faculty. Stevens’ graduate programs have attracted international participation from China, India, Southeast Asia, Europe and Latin America. Additional information may be obtained from its web page at www.stevens.edu.
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