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Hydro Review


Georgia's Oglethorpe Power names new president

Oglethorpe Power Corporation's board of directors has unanimously appointed Michael L. Smith as its new president and chief executive officer. Smith takes over for the outgoing Tom Smith, whose tenure ended late last year.

Michael L. Smith
Michael L. Smith

Prior to his selection by Oglethorpe Power, Michael Smith spent more than 30 years in the energy industry, with experience in finance, risk control and operations.

Michael Smith most recently served as president and CEO of Georgia Transmission Corporation, which grew in assets from $1.4 billion to $2 billion and set records for improved reliability and service since his appointment in 2005.

"We were impressed by Mike's work experience, industry knowledge and leadership capabilities, and are confident in his ability to continue to move Oglethorpe forward in order to meet the energy needs of our members," board of directors Chairman Benny Denham said.

Oglethorpe is a power supply co-op, with more than $8 billion in hydroelectric, coal, natural gas and nuclear assets that provide energy to more than 4 million Georgia consumers in 38 member systems.

Bechtel president named CEO

Bechtel Corp. President William N. Dudley was named chief executive officer of the company in February, replacing Riley P. Bechtel. Bechtel will remain with the company as chairman but stepped down from the CEO role "for health reasons," according to the company.

Dudley has served as corporate president and chief operating officer since 2008, after joining the engineering, construction and project management firm in 1981. As president and COO, Dudley oversaw all of the company's business units: oil, gas, and chemicals; power; civil; mining and metals; and government services. During his time with the firm, he was president of the oil, gas and chemicals business unit, a general manager for Southeast Asia, a country manager for Thailand, and president of Bechtel's Europe, Africa, Middle East, Southwest Asia organization.

Dudley received his undergraduate civil engineering degree at Purdue University and his MBA at the University of Houston.

No one had been appointed to fill the COO position at the time of publication.

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