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Ted Craver Elected EEI Chairman; Nick Akins, Tom Fanning, and Chris Crane Elected Vice Chairmen
LAS VEGAS (June 10, 2014) — Theodore F. “Ted” Craver, Jr., chairman, president and CEO of Rosemead, Calif.-based Edison International, today was elected chairman of the Edison Electric Institute (EEI), the national association of investor-owned electric companies, international affiliates and industry associates worldwide. The announcement was made during EEI’s annual meeting in Las Vegas. The Institute’s chairmanship rotates on an annual basis.

Also elected today were three vice chairmen: Nicholas K. “Nick” Akins, chairman, president and CEO of Columbus, Ohio-based American Electric Power (AEP); Thomas A. “Tom” Fanning, chairman, president and CEO of Atlanta-based Southern Company; and Christopher M. “Chris” Crane, president and CEO of Chicago-based Exelon Corporation.

“We are thrilled to welcome Ted Craver as EEI chairman. His experience, passion for the industry and drive for innovation will make him a great leader for EEI during this exciting and transformational time for our industry,” said EEI President Tom Kuhn. “On behalf of the EEI team, I also would like to extend our gratitude to outgoing EEI chairman Michael Yackira for his dedication, leadership, service and valuable contributions to the industry during his tenure.”

Kuhn also praised the vice chairs who will be supporting Craver as part of EEI’s leadership team, calling Akins, Fanning and Crane an “extremely talented group of executives whose leadership and commitment provide a tremendous benefit to EEI and the electric power industry.”

Ted Craver is chairman, president and CEO of Edison International, the parent company of Southern California Edison and Edison Energy. He was elected chairman and CEO in August 2008, and president in April 2008. Craver was chairman, president and CEO of Edison Mission Group from January 2005 to April 2008. Before that, he was executive vice president of parent company Edison International, and held the position of CFO and treasurer from January 2000 through December 2004.

Before joining Edison in 1996, Craver served as executive vice president and corporate treasurer of First Interstate Bancorp from 1991 to 1996. Prior to joining First Interstate, he spent four years with Bankers Trust Company of New York and seven years with Security Pacific National Bank.

Craver serves on the boards of directors of the Electric Power Research Institute (EPRI) and Health Net, Inc. He also serves on the board of trustees of the Autry National Center and the California board of trustees of The Nature Conservancy. Craver earned an MBA and a bachelor’s degree in economics and international relations from the University of Southern California.

Nick Akins is chairman, president and CEO of AEP and is a member of AEP’s board of directors. Akins became president of AEP in December 2010, was named CEO in November 2011 and was named chairman in January 2014. He served as executive VP of Generation for AEP from 2006 until 2010 and was president and COO for Southwestern Electric Power Company from 2004 until 2006. Prior to this, Akins served as VP of Energy Marketing Services and VP of Industry Restructuring for AEP. Akins began his 32-year tenure with the company in 1982.

Akins is former chairman and current board member of EPRI. In addition, he is a board member of the Nuclear Energy Institute (NEI), National Association of Manufacturers (NAM), Global Sustainable Electricity Partnership, the Wexner Center for the Arts, the Columbus Partnership, Business Roundtable, Nuclear Electric Insurance Limited (NEIL), Fifth Third Bancorp and OhioHealth. He received his bachelor’s and master’s degrees in electrical engineering from Louisiana Tech University and completed executive management programs at Louisiana State University, the University of Idaho, and the Reactor Technology Course for Utility Executives at the Massachusetts Institute of Technology. He is a registered professional engineer in Texas.

Tom Fanning became president of Southern Company in August 2010 and assumed the additional responsibilities of CEO and chairman in December 2010. Fanning has worked for Southern Company for more than 30 years and has held 15 different positions in eight different business units. Previously, Fanning served as COO and CFO of Southern Company. Prior to this, Fanning was president and CEO of Gulf Power. While at Gulf Power, Fanning was active in the state arena and served on the Governor’s Transition Policy Team and was appointed by Governor Jeb Bush to co-chair the Base Realignment and Closure Advisory Committee in 2003.

Fanning also serves on the boards of directors of the Federal Reserve Bank of Atlanta and the Institute of Nuclear Power Operations. He also serves on the advisory board of the Georgia Tech College of Management, the board of trustees of the Georgia Tech Foundation and the World Association of Nuclear Operations – Atlanta Centre governing board. He is a member of the Business Roundtable.

Fanning earned both bachelor’s and master’s degrees in industrial management, and was also awarded an honorary doctor of philosophy degree, from Georgia Tech. His executive education includes programs at the International Institute for Management Development in Lausanne, Switzerland, the Harvard University School of Business and the University of Virginia’s Darden School of Business.

Chris Crane is president and CEO of Exelon Corporation and previously served as president and COO. He joined Exelon, which was then ComEd, in 1998, and was named chief nuclear officer in 2004. Crane worked in the nuclear industry for more than 30 years, playing a key part in the turnaround of ComEd’s nuclear performance, and the development of Exelon’s proprietary Nuclear Management Model: a codification of industry-leading operational, safety, management, regulatory, workforce, and financial practices. Crane assumed responsibility for Exelon’s fossil, hydro and renewables facilities, in addition to the nuclear fleet, in 2007. He was named president of Exelon Generation in 2008, with added responsibility for Exelon’s wholesale power trading and competitive retail organization. Prior to joining Exelon, Crane served as Browns Ferry Site vice president for Tennessee Valley Authority, and worked in new plant start-up at the Comanche Peak Nuclear Power Plant in Texas and Palo Verde Nuclear Generating Station in Arizona.

Crane is chairman of NEI, where he has also served as chairman of the New Plant Oversight Committee and as a member of the Nuclear Strategic Issues Advisory Committee, the Nuclear Fuel Supply Committee and the Materials Initiative Group. He serves as vice chairman of the Institute of Nuclear Power Operations and is a member of the Board of Governors of the World Association of Nuclear Operators, the global industry organization promoting the highest levels of safety in nuclear plant operation. Crane studied at New Hampshire Technical College, and attended Harvard Business School’s Advanced Management Program. He previously held a senior reactor operator certification.
Media Contact
EEI Media Relations
Meredith Mitchell
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