For Immediate Release March 9, 2010-Albuquerque, N.M. USA- UtiliPoint International, Inc. has appointed Todd W. Arnold as Executive Advisor. This newly created executive role will provide strategic advisory services to the board, executive management, investors, select clients and key business partners. Mr. Arnold retired from Duke Energy on January 31, 2010 after 34 years of service, most recently serving as Sr. Vice President, Smart Grid & Customer Systems.
Mr. Arnold's initial focus will involve internal and external thought leadership for key areas of industry transformation, particularly customer dimension aspects of Smart Grid initiatives. Mr. Arnold will liaise on behalf of UtiliPoint with its existing and prospective clients as well as strategic partners. His role will champion new thinking and encourage creative solutions to customer dimension challenges and opportunities of smart systems. He will also partner with Peter Shaw, founder of our affiliated company, The Intelligent Project, LLC.
Mr. Arnold's career began at Public Service Indiana (PSI) where he led numerous functions through two merger integrations with the PSI/CGE combination and most recently integrated Cinergy and Duke customer service functions. He has a track record of successfully leading organizations through transformations that increase service quality while reducing costs. In his latest role, Arnold led the building of Duke Energy's Smart Grid scaled deployment platform. While at Duke Energy, time the company received regulatory approval for full deployment in Ohio and was awarded the maximum $200 million DOE Smart Grid investment grant. Mr. Arnold's innovative Smart Grid leadership resulted in an industry leading meter data management platform and a transformational customer information system strategy that will enable customer benefits to be delivered rapidly at scale.
David Steele, President of UtiliPoint said, "I am clearly pleased with the decision Todd has made to join our executive team. Todd is indeed one of those rare individuals who committed his professional life to improving the industry, being a champion of the customer, and having the courage to innovate new methods and processes that create truly leading edge approaches. As our organization postures to become the leaders in energy research and advisory services during this period of transformation, we believe that Todd's background, passion and commitment to our industry will provide our clients with an invaluable resource."
"UtiliPoint has been a recognized leader throughout my career in providing important dialogue and expert advice on the issues utility executives are challenged with each day. I am excited to join this great team of research experts and advisors; more importantly, I look forward to being a partner in their success, and their client's success, as we help advise the industry during a period of unprecedented challenges," said Mr. Arnold.
Mr. Arnold is a graduate of Indiana State University, and holds an MBA from University of Indianapolis. He and his wife Sue, reside in the greater Cincinnati, Ohio area.
About UtiliPoint International, Inc. For more than 75 years, UtiliPoint International has been a trusted source of insight into the energy and utilities industry. With more than 500 clients worldwide, we are the leading provider of research and advisory services for the energy sector. Our company is comprised of industry experts from around the world with diverse backgrounds in utility generation, transmission and distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs and international issues. UtiliPoint International, Inc. is headquartered in Albuquerque, New Mexico, USA and can be found on the Web at:
http://www.utilipoint.com/ Contact:David E. Steele
President
UtiliPoint International, Inc.
6000 Uptown Blvd. NE, Suite 314
Albuquerque, NM 87110 USA
c: +1 317.696.1410
dsteele@utilipoint.com.
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