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US Geothermal announces changes to its board of directors and management team

US Geothermal announces changes to its board of directors and management team Drilling rig at Neal Hot Springs, Oregon (source: US Geothermal)
Alexander Richter 13 Sep 2011

Geothermal developer U.S. Geothermal announces changes to its board of directors and management team, with the appointment of Dennis Gilles to the board, Doug Glaspey promoted to President, remaining as COO and the appointment of Jonathan Zurkoff as Treasurer and Executive Vice President.

In a release, “U.S. Geothermal Inc., announced changes to its board of directors and management team, effective mid September, 2011.

Mr. Dennis Gilles has been appointed to U.S. Geothermal Inc.’s board of directors. Mr. Gilles has 25 years in the power generation business with experience ranging from power plant construction and operations to senior level management. Mr. Gilles spent 23 years with Calpine Corporation at the Geysers geothermal field where he was instrumental in consolidating the majority of the Geysers operations into a single entity. Mr. Gilles was part of the expansion and growth of Calpine Corporation from the very first megawatt to what is now the largest independent power producer in the country. He completed his career with Calpine as the Senior Vice President of Renewable Growth and is now consulting for the energy sector worldwide. Mr. Gilles is a registered professional engineer in California and earned an MBA and a Bachelor of Science degree in Mechanical Engineering.

In response to our increased construction and growth activities and as part of our succession planning, Mr. Doug Glaspey has been promoted to President and will remain as Chief Operating Officer. Mr. Daniel Kunz will continue as Chief Executive Officer. Mr. Jonathan Zurkoff has been named Treasurer and Executive Vice President. Mr. Zurkoff has extensive experience in arranging debt and equity and led the project finance efforts at Neal Hot Springs and San Emidio.

Mr. Kunz said, “On behalf of the board, we are pleased that Dennis has joined us to provide additional geothermal development experience as we expand our growth projects. I am also happy to announce the promotion of Doug and Jonathan. These highly experienced renewable energy executives will continue to add significant value to our senior executive team.”

Source: Company release by email