Valley in Brief: Holy Cross energy hires Bryan Hannegan as new CEO
May 9, 2017
GLENWOOD SPRINGS — Holy Cross Energy, an electric company cooperatively owned by its approximately 42,000 members, mostly in Eagle, Garfield and Pitkin counties, has named Bryan Hannegan, Ph.D., as its new president and chief executive officer. The Holy Cross Energy Board of Directors released Hannegan's name after a national search to fill the CEO position following the upcoming retirement of current CEO Del Worley.
With nearly 20 years of experience in and around the electricity industry, Hannegan brings a combination of technical knowledge, policy and government background and management experience to the role. Prior to being named Holy Cross Energy CEO, Hannegan led multiple research and development teams at the National Renewable Energy Laboratory and the Electric Power Research Institute, advancing innovations in fossil and renewable generation, environmental compliance and electricity delivery and use.
Hannegan co-founded the U.S. Department of Energy's Grid Modernization Laboratory Consortium, a $220 million, three-year investment to advance the fundamental technologies needed for a safe, reliable, affordable and sustainable future electricity grid. Earlier in his career, Hannegan served as a senior energy advisor for the White House and the U.S. Senate Committee on Energy and Natural Resources and was an elected board member for the Coastside County Water District in California.
"We are excited to welcome Dr. Hannegan to join our amazing staff. His solid energy industry background, vibrant vision for the future of electric utilities and access to world-class innovation and understanding of emerging opportunities and challenges will serve our members well," Holy Cross Energy Board of Directors Chair Megan Gilman said.
Hannegan will be the fifth CEO in Holy Cross Energy's 78-year history. Worley has been with Holy Cross Energy for 25 years, the past 10 as CEO. He will retire from his position in early July.
"It has been a pleasure to serve Holy Cross Energy's members for the past 25 years," Worley said. "The future of the electric industry is changing, and I believe (Hannegan) has the knowledge and leadership skills to navigate to that new future."