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Public Service Enterprise Group Incorporated (PSEG) is a diversified energy company operating primarily through its two main segments: Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC. PSE&G is a public utility that provides electric transmission and electric and gas distribution services in New Jersey, regulated by the New Jersey Board of Public Utilities (BPU) and the Federal Energy Regulatory Commission (FERC) . PSEG Power is an energy supply company that operates merchant nuclear generating assets and engages in competitive energy sales, including bidding energy, capacity, and ancillary services into markets and entering bilateral contracts . The company focuses on regulated investments to improve sustainability and predictability, with a capital investment program estimated between $18 billion to $21 billion from 2024 to 2028 .
- Public Service Electric and Gas Company (PSE&G) - Provides electric transmission and electric and gas distribution services in New Jersey, investing in regulated solar generation projects and energy efficiency programs.
- Electric Distribution - Delivers electricity to residential, commercial, and industrial customers.
- Gas Distribution - Supplies natural gas to customers, ensuring safe and reliable service.
- Transmission - Manages the high-voltage transmission of electricity across the region.
- PSEG Power LLC - Operates merchant nuclear generating assets and engages in competitive energy sales, including third-party sales and sales to affiliates.
- Electricity Sales - Offers electricity and related products through market bidding and bilateral contracts.
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Ralph A. LaRossa ExecutiveBoard | Chairman, President, and CEO of PSEG | None | Ralph A. LaRossa is the Chairman, President, and CEO of PSEG and CEO of PSE&G. | View Report → |
Charles V. McFeaters Executive | President and Chief Nuclear Officer, PSEG Nuclear LLC | None | Charles V. McFeaters oversees nuclear operations at PSEG Nuclear LLC, with over 30 years of nuclear industry experience. | |
Daniel J. Cregg Executive | EVP and CFO of PSEG and PSE&G | None | Daniel J. Cregg is the EVP and CFO of PSEG and PSE&G, overseeing financial operations. | |
Kim C. Hanemann Executive | President and COO of PSE&G | None | Kim C. Hanemann has been President and COO of PSE&G since June 2021, with extensive experience in electric transmission and distribution. | |
Tamara L. Linde Executive | EVP and Chief Legal Officer of PSEG | None | Tamara L. Linde has been EVP and Chief Legal Officer since September 2024 and will retire in March 2025. | |
Barry H. Ostrowsky Board | Director | None | Barry H. Ostrowsky has been a director since 2018 and is the retired President and CEO of RWJBarnabas Health. | |
Jamie M. Gentoso Board | Director | President of Holcim Building Envelope; Global Head of Solutions & Products, Holcim | Jamie M. Gentoso has been a director since 2022 and is a leader in the building materials industry. | |
John P. Surma Board | Director | Director at Trane Technologies plc; Director at Marathon Petroleum Corporation | John P. Surma has been a director since 2019 and has extensive experience in industrial operations and governance. | |
Kenneth Y. Tanji Board | Director | Trustee and Treasurer at New Jersey Institute for Social Justice | Kenneth Y. Tanji joined the board in 2023 and is the EVP and CFO of Prudential Financial, Inc. | |
Laura A. Sugg Board | Director | None | Laura A. Sugg has been a director since 2019 and is the retired President of the Australasia Division of ConocoPhillips Corporation. | |
Ricardo G. P\u00e9rez Board | Director | Member of University of Florida Nuclear Engineering Advisory Board; Executive Member of Latino Corporate Directors Association; Non-executive Chair of Menper Group | Ricardo G. P\u00e9rez joined the board in 2024 and has extensive experience in nuclear operations and governance. | |
Scott G. Stephenson Board | Director | Director at Definitive Healthcare Corporation | Scott G. Stephenson has been a director since 2020 and is the former Chairman and CEO of Verisk Analytics. | |
Susan Tomasky Board | Independent Lead Director | None | Susan Tomasky has been a director since 2012 and is a retired President of AEP Transmission. | |
Valerie A. Smith Board | Director | President of Swarthmore College | Valerie A. Smith has been a director since 2022 and is an expert in human capital management and DEI. | |
Willie A. Deese Board | Director | Director at Dentsply Sirona USA | Willie A. Deese has been a director since 2016 and has extensive experience in manufacturing and procurement from his tenure at Merck & Co. |
- Given the postponement of the second state agreement approach by the BPU and potential changes in FERC and PJM transmission planning, how is PSE&G adjusting its strategy for future regulated transmission investments, and what impact might this have on your capital plan?
- With the Russia waivers on nuclear fuel supply expiring in 2028 and your current coverage only through 2027, what specific steps are you taking to secure long-term fuel supply beyond 2027, and how might potential supply constraints or cost increases affect your nuclear operations?
- You've highlighted significant opportunities in co-located data centers and increased data center load growth; what challenges do you foresee in realizing these opportunities, particularly regarding infrastructure investment and regulatory hurdles, and how might they impact your capital expenditure plans?
- As higher capacity and power prices could benefit your unregulated generation units, are you concerned that rising customer bills might crowd out necessary rate base investments, and how do you plan to balance these factors to ensure customer affordability while funding utility growth?
- Regarding the Long Island Power Authority's RFP for grid management beyond 2025, what competitive pressures do you face in retaining this contract, and what strategies are you implementing to ensure PSEG remains the preferred operator in a potentially more competitive selection process?
Recent developments and announcements about PEG.
8-K Filings
8-K Filing
·3 days agoFinancial ExhibitsOther EventsView full 8-K filing →PEG’s latest 8‑K details Global Note issuances: one note maturing March 15, 2030 with a 4.900% coupon and a second maturing March 15, 2035 at 5.400%, with semiannual interest starting September 15, 2025. Internal controls and compliance remain robust.