Board of Directors

Scott Helm, chairman of the board, has served on the board as chairman since 2017. Helm is a private investor based out of Baltimore, Maryland. Previously, Helm was a founding partner of Energy Capital Partners, a private equity firm focused on investing in North American energy infrastructure. Prior to joining Energy Capital Partners, he served as executive vice president and chief financial officer at Orion Power Holdings, Inc., a publicly traded company that owned and operated power plants. Helm began his career at Goldman Sachs & Co., first working in the company’s fixed income division then moving to the investment banking division. Helm also serves as treasurer on the board of the Chesapeake Shakespeare Company. He received a bachelor of science in business administration from Washington University.

Hilary E. Ackermann, chair of the sustainability and risk committee, has served on the board since 2018. Ackermann previously served on the board of Dynegy Inc. and joined the board in conjunction with the company’s acquisition of Dynegy. Previously, Ackermann was chief risk officer with Goldman Sachs Bank USA from 2008 to 2011. Ackermann began her career at Goldman Sachs in 1985 and served as managing director, credit department of Goldman, Sachs & Co., as VP, credit department, and as an associate in the credit department prior to her role as chief risk officer. Prior to joining Goldman, Sachs, Ackermann served as assistant department head of the credit department of Swiss Bank Corporation (now known as UBS). Ackermann currently serves on the private board and audit committee, and serves as chair of the risk committee, of Credit Suisse Holdings (USA), Inc. She also currently serves on the private board and the audit committee, and serves as chair of the risk and compliance committee, of each of Hartford Series Fund, Inc., Hartford HLS Series Fund II, Inc., The Hartford Mutual Funds, Inc. and The Hartford Mutual Funds II, Inc. Ackermann received a bachelor of science in Russian from Georgetown University.

Arcillia Acosta has served on the board since 2020. Acosta has served as president and chief executive officer of CARCON Industries and Construction, a company specializing in commercial, institutional, and transportation construction since 2000. Acosta is also president and controlling principal of Southwestern Testing Laboratories, a position she has held since 2003. She served as a director of LegacyTexas Financial Group, N.A. (“LegacyTexas”), a publicly traded bank holding company with an asset size of over $10 billion, from 2015 to 2019, when LegacyTexas merged with a private company. From July 2018 through February 2020, Acosta served as a director of ONE Gas Incorporated, one of the largest natural gas utilities in the United States. In 2017, Acosta joined the public board of Magnolia Oil and Gas, an independent oil producer with assets located in South Texas. Acosta received a bachelor of arts in political science from Texas Tech University and is a graduate of the Harvard University Business School Corporate Governance Program.

Gavin Baiera, chair of the compensation committee, has served on the board since 2016. Baiera is a senior managing director and partner at Centerbridge Partners, L.P, which is a multi-strategy private investment firm focused on private equity, credit, and real estate. He previously served as a managing director at Angelo, Gordon & Co., where he was the global head of the firm’s corporate credit activities and portfolio manager for its distressed funds. Baiera was also a member of the firm’s executive committee. Prior to joining Angelo, Gordon in 2008, Baiera was the co-head of the strategic finance group at Morgan Stanley, which was responsible for all origination, underwriting, and distribution of restructuring transactions. Prior to that, Baiera worked at General Electric Capital Corporation, concentrating on underwriting and investing in restructuring transactions. Baiera has served on numerous boards of directors including, most recently, MACH Gen, Orbitz Worldwide, and Travelport Worldwide. He received a bachelor of arts in economics and finance from Fairfield University and a master of business administration from the University of Southern California.

Paul M. Barbas, chair of the nominating and governance committee, has served on the board since 2018. Barbas previously served on the board of Dynegy Inc. and joined the board in conjunction with the company’s acquisition of Dynegy. Barbas previously served as president and chief executive of DPL Inc. and its principal subsidiary, The Dayton Power and Light Company (DP&L), and he also served on the boards of DPL Inc. and DP&L. He also previously served as executive vice president and chief operating officer of Chesapeake Utilities Corporation, a diversified utility company engaged in natural gas distribution, transmission, and marketing, propane gas distribution and wholesale marketing, and other related services, and he was executive vice president of Allegheny Power. Barbas also served on the public boards of Pepco Holdings, Inc. and El Paso Electric, Inc. Barbas received a bachelor of arts in economics from College of the Holy Cross and a master of business administration in finance and marketing from the University of Massachusetts.

Lisa Crutchfield has served on the board since 2020. Crutchfield is managing principal of Hudson Strategic Advisers, LLC, an economic analysis and strategic advisory firm to the energy, utility and government sectors since 2012. Prior to launching this consulting practice, she served as Executive Vice President and Chief Regulatory, Risk and Compliance Officer for the U.K.-based National Grid plc, a global energy provider, from 2008 to 2012. Crutchfield also served on the board of National Grid USA as an executive director. She has served in executive roles as Senior Vice President of Regulatory and External Affairs at PECO, an Exelon Company, from 2003 to 2008; Vice President and General Manager at TIAA-CREF, and Vice President of Energy Policy and Strategy at Duke Energy Corporation from 1997 to 2000. Crutchfield was appointed to the Pennsylvania Public Utility Commission as Vice Chairman in 1993 and served until 1997, earning the designation as an expert in liberalizing the electric and gas markets. She began her career as a commercial and investment banker. Crutchfield currently serves on the boards of two other publicly traded companies, Fulton Financial Corporation (NASDAQ: FULT) since 2014 and Unitil Corporation (NYSE: UTL) since 2012. Crutchfield earned a bachelor of arts degree in economic and political science from Yale University and a master of business administration with distinctions in finance from Harvard Business School. Additionally, she earned the National Association of Corporate Directors designation as a Board Leadership Fellow.

Brian Ferraioli, chair of the audit committee, has served on the board since 2017. Ferraioli serves as an operating partner for Bernhard Capital Partners, a private equity firm. In February 2020, he was named the executive chairman and chairman of the board of Atlas Technical Consultants, Inc., a public company. Ferraioli previously served as executive vice president and chief financial officer of KBR, Inc., a global engineering, construction, and services company supporting the energy, petrochemicals, government services, and civil infrastructure sectors. Prior to KBR, Ferraioli was chief financial offer at The Shaw Group, Inc., an engineering, construction, and fabrication company serving the electric power generation and government services industries. Prior to that, Ferraioli worked 28 years in various finance and accounting functions with Foster Wheeler AG, a Swiss global conglomerate that provides design, engineering, construction, manufacturing, development, and plant operations. Ferraioli also serves on the board of Team, Inc., a public company, and previously served on the board of Charah Solutions, Inc., a public company. Ferraioli received a bachelor of science in accounting from Seton Hall University and received a master of business administration from Columbia University. Additionally, he earned the National Association of Corporate Directors designation as a Board Leadership Fellow.

Jeff Hunter has served on the board since 2016. Hunter has most recently acted as an independent financial and sector advisor to a number of investment firms on power related matters including Grafton Asset Management of Calgary and EnCap based in Houston, Texas. Hunter also serves as a senior adviser to the infrastructure team at Apollo Global Management. From 2016 to 2019, Hunter served as senior managing director for Quinbrook Infrastructure Partners, an investment company focused exclusively on lower carbon and renewable energy infrastructure investments, where he was a member of the Quinbrook investment committee and was responsible for deal origination, portfolio company oversight and asset management for all Quinbrook North America investments. Between 2013 and 2016, Hunter was a managing partner of Power Capital Partners, an energy focused investment firm. Previously, Hunter co-founded and served as executive vice president and chief financial officer of US Power Generating Company, a privately held merchant power company. Hunter also held leadership positions at PA Consulting Group and El Paso Merchant Energy. Hunter received a bachelor of arts in economics from the University of Texas.

Curt Morgan has served on the board and as president and chief executive officer since 2016. During his 35-year career, Morgan has held leadership responsibilities in nearly every major U.S. power market. Prior to joining the company, Morgan was an operating partner at Energy Capital Partners, a private equity firm focused on investing in North America’s energy infrastructure. He previously served as the president and chief executive officer of both EquiPower Resources Corp. and FirstLight Power Resources, Inc and as a director of Summit Midstream Partners. He has also held leadership positions at NRG Energy, Mirant Corporation, Reliant Energy and BP Amoco. Morgan is the chair of the board of directors of the Electric Power Supply Association, the competitive power generation industry organization, and serves on the board of Prevent Child Abuse Georgia. A certified public accountant, Morgan received a bachelor of arts in accounting from Western Illinois University and a master of business administration in finance and economics from the University of Chicago.

John R. Sult has served on the board since 2018. Sult previously served on the board of Dynegy Inc. and joined the board in conjunction with the company’s acquisition of Dynegy. Previously, he was executive vice president and chief financial officer of Marathon Oil Corporation and was executive vice president and chief financial officer of El Paso Corporation prior to that. Prior to joining El Paso, Sult served as vice president and controller of Halliburton Energy Services. Prior to joining Halliburton, Sult was an audit partner with Arthur Andersen LLP. Sult currently serves on the board of Brigham Minerals, Inc., a public company, and previously served on the board of Jagged Peak Energy, Inc., a public company. Sult received a bachelor of science with special attainments in commerce from Washington & Lee University and is a licensed certified public accountant.