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Clean Energy Appoints Energy Sector Leader Lorraine Paskett to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
management
Rhea-AI Summary
Clean Energy Fuels Corp. (NASDAQ: CLNE) has appointed Lorraine Paskett, former vice president of AES Corporation, to its Board of Directors. Paskett brings over 25 years of experience in the energy sector, focusing on climate change and renewable energy. Her expertise in transitioning from fossil fuels to renewable energy is expected to enhance the company’s strategic direction. Paskett's previous roles include leading initiatives at the Los Angeles Department of Water and Power. The appointment is seen as a step forward in Clean Energy's commitment to reducing carbon emissions.
Positive
Appointment of Lorraine Paskett expected to bring fresh perspectives to the board.
Paskett's extensive experience in renewable energy could strengthen Clean Energy's strategic direction.
Negative
Potential risk of continuity or experience gaps as new leadership joins the board.
NEWPORT BEACH, Calif.--(BUSINESS WIRE)--
Clean Energy Fuels Corp. (NASDAQ: CLNE) announced today that Lorraine Paskett, vice president of AES Corporation, has been appointed to the Board of Directors effective immediately.
Clean Energy appoints energy sector leader Lorraine Paskett to Board of Directors. (Photo: Business Wire)
“Lorraine is an esteemed industry leader with more than 25 years of experience in the energy and environmental sectors,” said Clean Energy Board of Directors Chairman Stephen Scully. “With her background in climate change reform and the renewable energy market, I’m confident that she will bring a great perspective to our board, and we’re proud to have her join us.”
Ms. Paskett oversees all external matters in California for AES US Business which includes supporting a transition from fossil fuel to renewable and zero carbon energy, new opportunities for energy storage, renewable energy development, and advanced fuels and emerging technologies in the electric and gas markets.
Previously, she founded and served as principal of Cambridge LCF Group, which provided strategic advice for companies in the gas and electric sectors, with a focus on advanced fuels and climate. In her role there, she was involved in many conventional gas, advanced fuels, climate change, and LCFS initiatives.
Ms. Paskett also served as a senior executive for the Los Angeles Department of Water and Power, leading water resource policy and providing a comprehensive approach for sustainable utility practices, including consumer water conservation and water reuse projects.
“Clean Energy has staked out a leadership position in providing customers with ways to immediately and significantly reduce their carbon emissions and address climate change through their operations,” said Ms. Paskett. “I’m excited to work with fellow board members as the company continues to expand the use of renewable fuels and contribute to the company’s future growth and success.”
Ms. Paskett holds a bachelor’s degree in Political Science from the California State University at Sacramento and went on to graduate from McGeorge School of Law in 1995. She has been a member of the California State Bar since 1995.
About Clean Energy
Clean Energy Fuels Corp. is the country’s largest provider of the cleanest fuel for the transportation market. Our mission is to decarbonize transportation through the development and delivery of renewable natural gas (RNG), a sustainable fuel derived from organic waste. Clean Energy allows thousands of vehicles, from airport shuttles to city buses to waste and heavy-duty trucks, to reduce their amount of climate-harming greenhouse gas. We operate a vast network of fueling stations across the U.S. and Canada. Visit www.cleanenergyfuels.com and follow @ce_renewables on Twitter.
Who is Lorraine Paskett and what is her role at Clean Energy Fuels Corp.?
Lorraine Paskett is the newly appointed board member at Clean Energy Fuels Corp., bringing over 25 years of experience in the energy and environmental sectors.
What impact could Lorraine Paskett's appointment have on Clean Energy Fuels Corp.?
Paskett's appointment could enhance Clean Energy's strategic initiatives focused on sustainability and renewable energy.
When was Lorraine Paskett appointed to Clean Energy Fuels Corp. Board of Directors?
Lorraine Paskett was appointed to the Board of Directors of Clean Energy Fuels Corp. effective immediately.
What experience does Lorraine Paskett bring to Clean Energy Fuels Corp.?
Paskett has a background in climate change reform and renewable energy, having previously worked with AES Corporation and the Los Angeles Department of Water and Power.
How does Clean Energy Fuels Corp. plan to utilize Paskett's expertise?
Clean Energy aims to leverage Paskett's experience to further its mission of decarbonizing transportation through renewable fuels.
