TECO Energy elects Robert D. Fagan as Chairman of the Board;
TAMPA, October 22, 1999
Company Also Announces New Director and Senior Vice President
TECO Energy, Inc. today announced the election of Robert D. Fagan to chairman of the board, effective Dec. 1, 1999, for the Tampa-based energy company. He replaces Chairman Girard F. Anderson, who is retiring from the company. Fagan joined the company in April 1999 as president and chief executive officer. Prior to joining TECO Energy, he had been president of PP&L Global, Inc. in Fairfax, Va., a subsidiary of PP&L Resources, Inc.
The Board also elected a new director and a new senior vice president at its Oct. 21 meeting.
Luis Guinot Jr. has joined the company’s Board of Directors, effective immediately.
Guinot, a native of Puerto Rico, is the former United States Ambassador to the Republic of Costa Rica, appointed by former President George Bush, and has also served as both assistant general counsel of the United States Department of Agriculture and administrator of the Office of the Commonwealth of Puerto Rico in Washington, D. C.
He received the Grand Order of Juan Mora from the government of Costa Rica in recognition of his services as ambassador in that country.
Guinot is a regular contributor to CNN (Espanol), Univision and TeleMundo on a variety of subjects involving politics and trade.
He is a member of the Virginia and District of Columbia’s Bar Associations, and practices in the fields of international banking, finance and commercial law.
He lives in Clifton, Va.
"Luis brings to TECO Energy’s Board a very broad experience in international business, particularly in Central and South America," said Robert D. Fagan, president and chief executive officer of TECO Energy. "He has worked with major United States corporations doing business in Europe, Latin America and Central America, including independent power producers, and we are privileged to have him on our Board."
The Board also elected Richard Lehfeldt to the new position of senior vice president-external affairs, effective Nov. 17. Lehfeldt, 48, has been vice president-government liaison, assistant general counsel and North American director of legal operations for Edison Mission Energy since September 1990.
A Phi Beta Kappa graduate of the University of Michigan, Lehfeldt received his J.D. degree cum laude from Harvard Law School in 1982, and a master’s degree in Public Policy from Harvard’s John F. Kennedy School of Government. Lehfeldt served as counsel to the House Subcommittee on Energy and Power from 1987 to 1990, and as counsel to the House Subcommittee on Energy Conservation and Power from 1985 to 1987. Prior to that, he was an attorney with the Washington D.C. office of Fried, Frank, Harris, Shriver & Jacobson.
Lehfeldt will be responsible for TECO Energy’s federal and state governmental affairs; corporate communications; regulatory affairs; and TECO Properties, the corporation’s real estate subsidiary.
"Richard Lehfeldt has worked for many years in the legislative and regulatory areas, and has a great deal of knowledge about the energy industry," Fagan said. "He will bring to TECO Energy additional experience that will complement our management team’s efforts to achieve TECO Energy’s strategic objectives."
Lehfeldt will reside in Tampa with his wife, Linda Karson, and their two children.
TECO Energy is a diversified, energy-related utility holding company. Its principal businesses include Tampa Electric Company, Peoples Gas, TECO Coal, TECO Transport, TECO Power Services, and Bosek, Gibson and Associates.