Electric Light & Power magazine has named Robert Grimm, of Alaska Power & Telephone Co., its 2015 Chief Executive Officer of the Year for Small Utilities. Grimm was chosen best CEO from nominees who lead utilities with fewer than 400,000 customers.
AP&T is investor-owned with a lengthy and loyal history of significant employee stock ownership. AP&T has acquired power and telephone assets in 40 Alaskan communities since 1957 and currently owns and operates seven hydroelectric projects in Southeast Alaska, four of which were built by AP&T.
“Grimm has been with AP&T for more than 45 years and became the utility’s CEO in 1989,” said Teresa Hansen, EL&P magazine editor in chief. He has focused much of his energy on expanding the company and raising its assets $118 million, from $6 million at the beginning of his tenure to is current total of $122 million.
The Alaskan utility is continuing its historic transition from mainly diesel generators to hydropower and even some solar and wind.
Hansen presented the CEO of the Year awards Feb. 8, during the EL&P executive conference and DistribuTECH awards dinner at the Hyatt Regency in Orlando, Fla.
The executive conference kicked off the DistribuTECH Conference and Exhibition held Feb. 9-11, at the Orange County Convention Center in Orlando. It is the nation’s largest annual event for industry smart grid and electric transmission and distribution sectors.