James E. Fuller named president/CEO of MEAG Power
Published 3:05 pm Monday, November 16, 2015
ATLANTA — The new president and chief executive officer, James E. Fuller, will assume his duties on Jan. 1, 2016, when Robert P. Johnston, the current president and CEO of the Municipal Electric Power Authority of Georgia (MEAG Power) retires.
Fuller, who currently serves as senior vice president and CFO for MEAG Power, has been with the Authority since l997, and has more than 30 years of experience in the public power arena specializing in strategic and financial initiatives. He holds a Certified Public Accountant certification and received his undergraduate degree from Western New England College. Additionally, he holds a master’s degree in taxation from Bentley College.
In 2008, Fuller led the MEAG Power team in the design, structuring and sale of power for MEAG Power’s participation in the expansion at nuclear Plant Vogtle and later, in 2010, led the team which successfully garnered the largest new money financing in the history of public power. The transaction was recognized as Deal of the Year for all categories of municipal debt issued during 2010 by U.S. institutional investors as compiled by SMITH’s Research & Gradings.
Fuller was selected by the MEAG Power Board of Directors after an extensive national search process.
“Our Board unanimously supported the selection of Jim Fuller,” noted Steve Rentfrow, MEAG Power chairman of the board. “His experience and credentials are outstanding.”
“I couldn’t be more pleased with the Board’s choice,” said Johnston. “He has been a remarkable chief financial officer and an invaluable, dedicated member of the MEAG Power staff.”
“Following in Bob’s footsteps is an enormous honor,” said Fuller. “Under his leadership we have made a number of outstanding accomplishments. He has always had our 49 participant communities as his top priority and has continually worked to ensure they receive competitive and reliable wholesale electric power from us.”
Bob Johnston has been president and CEO of MEAG Power for 17 years. During his tenure he was instrumental in leading MEAG Power to its position as one of the most professionally managed and admired public power entities in the country. He was also instrumental in building a diversified fuel portfolio that provides wholesale electric power that is over 50 percent emissions-free.
The Municipal Electric Authority of Georgia (MEAG Power) is a public generation and transmission organization providing power to 49 Georgia communities with annual electric sales of $748 million and 10.6 million megawatt-hours of delivered energy in 2014. Ellaville is one of its participant communities.