Central Maine Power Appoints R. Scott Mahoney as Interim President and CEO

Maine native returns to his roots at CMP where he began his career

AUGUSTA, ME — June 9, 2021 — Avangrid Networks CEO, Catherine Stempien, and Central Maine Power (CMP) Executive Board Chair, David Flanagan, today announced that R. Scott Mahoney, Senior Vice President, General Counsel and Corporate Secretary of AVANGRID has been appointed interim President and CEO of CMP. CMP’s current president and CEO Doug Herling announced last week that he would retire June 30 after a 36-year career with the company. Flanagan first hired Mahoney in 1996 as an environmental attorney for CMP. Since then, Mahoney has held a number of positions with CMP including managing in the 1998 Ice Storm, implementing Maine’s Retail Access in 2000, managing legal, corporate governance, general services, real estate, environmental, regulatory, finance and control, and security and compliance. Since 2012 Mahoney has led the AVANGRID legal department as General Counsel, based in Maine.
 

“Scott is ideally suited to take on this CMP leadership role on an interim basis,” Stempien said. “He is a customer-focused and recognized ethical leader with deep experience and business understanding of the utility sector, including environmental and regulatory policy matters.”

Flanagan added, “It is important to me that we have a strong and experienced set of hands like Scott’s at the helm during this interim period until a permanent successor to Doug is announced. His experience is a great asset to the company.”

“We have a great team at CMP and I look forward to working with David and our expert operations and service teams as we work to provide reliable and safe service to our customers every day,” said Mahoney.

Since joining CMP in 1996, Mahoney has served in a variety of legal and compliance roles including AVANGRID’s Chief Compliance Officer and as Deputy General Counsel and Chief FERC Compliance Officer for AVANGRID and Secretary of Avangrid Networks. Prior to joining AVANGRID he served as an attorney in the US Army Judge Advocate General’s Corps, earning a Bronze Star for service in Iraq during Operation Desert Storm. Mahoney holds a J.D. from the University of Maine and a master’s degree, with honors, in Environmental Law from the Vermont Law School. He also holds a Postgraduate Diploma in Business Administration from the University of Warwick in England. Mahoney serves on the board of directors of the Gulf of Maine Research Institute. He is a Certified Compliance & Ethics Professional and a member of the Society of Corporate Compliance and Ethics.

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About CMP: Central Maine Power Company (CMP), a subsidiary of AVANGRID, Inc., is Maine’s largest electricity transmission and distribution utility. Established in 1899 and based in Augusta, Maine, CMP serves approximately 636,000 customers across 346 communities in central and southern Maine. It operates approximately 23,500 miles of distribution lines and 2,900 miles of transmission lines. Over the last decade, the company has invested approximately $3.5 billion in Maine system infrastructure. In 2019, CMP was named Large Business of the Year by the Kennebec Valley United Way. For more information, visit www.cmpco.com.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) is a leading, sustainable energy company with approximately $36 billion in assets and operations in 24 U.S. states. With headquarters in Orange, Connecticut, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs approximately 6,600 people. AVANGRID supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2019 and 2020 by the Ethisphere Institute. For more information, visit www.avangrid.com.


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