You might also like
Vistra Corp. operates as an integrated retail electricity and power generation company primarily in the U.S. markets. The company engages in competitive energy market activities, including electricity generation, wholesale energy sales and purchases, commodity risk management, and retail sales of electricity and natural gas to end users . Vistra's operations are divided into six reportable business segments: Retail, Texas, East, West, Sunset, and Asset Closure . The company provides electricity and natural gas to approximately 4 million residential, commercial, and industrial customers across 20 states and the District of Columbia .
- Retail - Provides electricity and natural gas to approximately 4 million residential, commercial, and industrial customers across 20 states and the District of Columbia through brands such as TXU Energy, Ambit Energy, Dynegy Energy Services, Homefield Energy, and U.S. Gas & Electric .
- Texas - Focuses on electricity generation operations in the ERCOT market .
- East - Covers operations in the Eastern Interconnection of the U.S. electric grid, including PJM, ISO-NE, and NYISO markets .
- West - Engages in electricity generation and related activities in the western U.S. markets .
- Sunset - Manages plants with announced retirement dates .
- Asset Closure - Involves the decommissioning of retired plants and mines .
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Carrie Lee Kirby Executive | EVP and Chief Administrative Officer | Chair Emeritus: Teaching Trust; Member: Patient Advocacy Committee for Presbyterian Hospital of Dallas, Women’s Business Council Southwest | Leads HR and administrative functions; joined Vistra in 2016; previously EVP of HR at TXU Energy. | |
James A. Burke Executive | President and Chief Executive Officer | Board Member: Nuclear Energy Institute, United Way Foundation of Metropolitan Dallas, Ursuline Academy of Dallas, Dallas Citizens Council; Advisory Board Member: Tulane University Energy Institute | CEO since August 2022; previously President and CFO; extensive experience in energy and consulting sectors. | View Report → |
Kristopher E. Moldovan Executive | Executive Vice President and Chief Financial Officer | None | CFO since August 2022; joined Vistra in 2006; previously SVP and Treasurer; expertise in finance, legal advisory, and corporate strategy. | |
Scott A. Hudson Executive | EVP and President of Vistra Retail | Board Member: United Way of Metropolitan Dallas, Dallas Regional Chamber, Dallas Children’s Theatre | Oversees retail electricity brands; joined Vistra in 2016; previously President of TXU Energy. | |
Stacey Doré Executive | EVP, Chief Strategy & Sustainability Officer, EVP of Public Affairs | Board Member: Williams (Audit and Governance Committees), Texas Women’s Foundation, North Texas Chapter of NACD; Member: United Way Women of Tocqueville, Dallas Assembly, International Women’s Forum | Leads strategy, sustainability, and public affairs; previously CEO of Hunt Utility Services; extensive leadership in energy and infrastructure. | |
Stephanie Zapata Moore Executive | EVP, General Counsel, and Chief Compliance Officer | Chair: Girls Inc. of Metropolitan Dallas | Oversees legal and compliance matters; joined Vistra in 2005; previously General Counsel of Luminant. | |
Arcilia C. Acosta Board | Director | CEO: CARCON Industries and Construction, Southwestern Testing Laboratories; Board Member: Magnolia Oil and Gas, Veritex Holdings; Chairman: Dallas Citizens Council; Regent: Texas Tech University | CEO of CARCON Industries; extensive leadership in construction and engineering; active in civic and corporate boards. | |
Gavin R. Baiera Board | Director | Senior Managing Director: Centerbridge Partners; CEO: Overland Advantage; Board Member: MACH Gen, Orbitz Worldwide, Travelport Worldwide | Partner at Centerbridge Partners; expertise in corporate finance and strategic planning. | |
Hilary E. Ackermann Board | Director, Chair of Sustainability & Risk Committee | Board Member: Hartford Series Fund, Hartford HLS Series Fund II, Hartford Mutual Funds, Hartford Mutual Funds II | Former Chief Risk Officer at Goldman Sachs Bank USA; expertise in risk management and sustainability. | |
John R. Sult Board | Director, Chair of Audit Committee | Board Member: Sitio Royalties Corp.; Advisory Board Member: Boys and Girls Country of Houston | Former CFO and audit partner; expertise in accounting, finance, and governance. | |
John W. (Bill) Pitesa Board | Director, Chair of Nuclear Oversight Committee | None | Former Chief Nuclear Officer at Duke Energy; extensive experience in nuclear operations and oversight. | |
Julie A. Lagacy Board | Director | Board Member: Nutrien Ltd., Illinois Cancer Care Charitable Foundation | Former Chief Sustainability and Strategy Officer at Caterpillar; expertise in sustainability, strategy, and finance. | |
Lisa Crutchfield Board | Director, Chair of Social Responsibility & Compensation Committee | Board Member: Fulton Financial Corporation, Fortis Inc.; Leadership Fellow: NACD | Former EVP at National Grid; expertise in regulatory, compliance, and sustainability. | |
Paul M. Barbas Board | Director, Chair of Nominating & Governance Committee | Volunteer: Scorton Creek Game Farm | Former executive in utility and energy companies; expertise in governance and management. | |
Rob Walters Board | Director | None | Former EVP and General Counsel at Energy Future Holdings; expertise in governance, restructuring, and policy. | |
Scott B. Helm Board | Chairman of the Board | Board Member: Chesapeake Shakespeare Company | Chairman since 2017; founding partner of Energy Capital Partners; extensive experience in energy infrastructure and finance. |
-
Given the FERC's recent rejection of the amended interconnection service agreement for data center co-location at your Susquehanna nuclear plant, how do you plan to navigate regulatory hurdles to advance your co-location projects, and what alternative strategies are you considering?
-
With your net leverage expected to move slightly above 3x following the acquisition of the Vistra Vision 15% minority interest, how confident are you in your ability to quickly deleverage while executing on significant capital return plans and growth projects?
-
Considering the uncertainty in policy changes affecting new gas and coal builds, especially after the recent election results, how does Vistra plan to manage the risk of investing in long-term assets amid potential regulatory shifts?
-
Despite significant load growth projections from data centers and other industries in ERCOT and PJM, what challenges do you foresee in capturing these opportunities, particularly in light of infrastructure constraints and competition from other regions?
-
Given the elevated free cash flow yield and your commitment to share repurchases, how do you balance returning capital to shareholders with the need to invest in growth opportunities like data center partnerships and renewable projects?
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
Energy Harbor Corp | 2024 | Completed on March 1, 2024, this acquisition involved merging Energy Harbor into Vistra Vision via a transaction that combined approximately $3.0 billion in cash with $3.333 billion in equity (totaling about $4.596 billion). The deal, approved by FERC on February 16, 2024, strategically added over 4,000 MW of nuclear capacity and approximately 1 million retail customers, integrating Energy Harbor’s nuclear and retail operations under an 85%-15% ownership structure. |
No recent press releases or 8-K filings found for VST.