Dominion announces several executive changes
- November 27, 2012
Dominion, a Richmond-based energy company, announced several changes in its executive staff Tuesday.
Margaret E. “Lyn” McDermid will retire as senior vice president and chief information officer on Feb. 1, 2013, after a career of more than 30 years with the company. Upon leaving Dominion, McDermid will become chief information officer for the Federal Reserve System.
Effective on Jan. 1, 2013:
• Steven A. Rogers, currently president of Dominion Resources Services and chief administrative officer, will succeed McDermid as senior vice president and chief information officer. In recognition of the increasing importance of information security, this position will report directly to Dominion Chairman, President and CEO Thomas F. Farrell II.
• Carter M. Reid, currently vice president, general counsel and corporate secretary, will be promoted to senior vice president-Administrative Services and corporate secretary. In addition to assuming responsibility for human resources and shared services, Reid will retain her responsibilities as corporate secretary and will continue to report to Farrell.
• Mark O. Webb will be promoted to vice president and general counsel from his current position as deputy general counsel-Electric Regulation, Litigation & Environment. He will report to Robert M. Blue, senior vice president-Law, Public Policy & Environment, and will be responsible for management of the Law Department.
• Christine M. Schwab, currently vice president-Regulatory Compliance and chief risk officer, will become vice president, Chief Compliance and Risk Officer. She will continue to report to Mark F. McGettrick, executive vice president and CFO, for her corporate risk responsibilities. In her new role being responsible for the company’s Ethics and Compliance program, Schwab will report to Blue.
“The new assignments and leadership structure highlight our continued focus on Dominion’s core values of safety, ethics, excellence and teamwork,” Farrell said in a statement.