NEWARK, N.J., July 2 /PRNewswire-FirstCall/ -- Public Service Enterprise Group (PSEG) today announced that it has named Randall E. Mehrberg to the newly created post of executive vice president - planning and strategy, effective September 8.PSEG also announced that Stephen C. Byrd, senior vice president - finance, business development, strategy and M&A, will become president of PSEG Energy Holdings, effective July 7. In doing so, he will relinquish his current strategy responsibilities to Mehrberg.
Mehrberg will report to Ralph Izzo, PSEG's chairman, president and chief executive officer, and will be a member of the corporate executive leadership team. He will have leadership responsibility for developing PSEG's corporate strategy and five-year business plan.
Mehrberg, who is a lawyer and an experienced manager, will join PSEG after serving for eight years in various executive leadership positions at Chicago-based Exelon Corporation, the nation's largest electric utility. He was executive vice president, chief administrative officer and chief legal officer from 2006 to 2008; executive vice president-corporate development and strategy and general counsel from 2002 to 2006, and senior vice president, general counsel and chief ethics officer from 2000 to 2002.
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