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Garrick J. Rochow Elected to the Hubbell Incorporated Board of Directors

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Hubbell Incorporated (NYSE: HUBB) announced the election of Garrick J. Rochow to its Board of Directors, effective November 19, 2024. Rochow, currently President and CEO of CMS Energy and Consumers Energy Company, brings extensive utility industry experience to Hubbell's board. His appointment increases the board size to ten directors, with nine being independent. Rochow's 20-plus year career at CMS includes executive roles in operations, distribution, customer operations, and energy delivery. He holds a bachelor's degree in environmental engineering and an MBA from Western Michigan University.

Hubbell Incorporated (NYSE: HUBB) ha annunciato l'elezione di Garrick J. Rochow nel suo Consiglio di Amministrazione, a partire dal 19 novembre 2024. Rochow, attualmente Presidente e CEO di CMS Energy e Consumers Energy Company, porta una vasta esperienza nel settore dei servizi pubblici al consiglio di Hubbell. La sua nomina aumenta la dimensione del consiglio a dieci membri, di cui nove sono indipendenti. La carriera di oltre 20 anni di Rochow presso CMS include ruoli esecutivi nelle operazioni, nella distribuzione, nelle operazioni con i clienti e nella fornitura di energia. Possiede una laurea in ingegneria ambientale e un MBA presso la Western Michigan University.

Hubbell Incorporated (NYSE: HUBB) anunció la elección de Garrick J. Rochow para su Junta Directiva, con efecto a partir del 19 de noviembre de 2024. Rochow, actualmente Presidente y CEO de CMS Energy y Consumers Energy Company, aporta una amplia experiencia en la industria de servicios públicos a la junta de Hubbell. Su nombramiento aumenta el tamaño de la junta a diez directores, de los cuales nueve son independientes. La carrera de más de 20 años de Rochow en CMS incluye roles ejecutivos en operaciones, distribución, operaciones con clientes y entrega de energía. Tiene una licenciatura en ingeniería ambiental y un MBA de la Universidad de Western Michigan.

허벨 주식회사 (NYSE: HUBB)는 가릭 J. 로초우를 이사회에 선출했다고 발표했습니다. 이 임명은 2024년 11월 19일부터 효력이 있습니다. 로초우는 현재 CMS 에너지와 소비자 에너지 회사의 사장이자 CEO로, 허벨 이사회에 광범위한 유틸리티 산업 경험을 제공합니다. 그의 임명으로 이사회는 총 10명의 이사로 확대되며, 이 중 9명은 독립적입니다. 로초우는 CMS에서 20년 이상의 경력을 가지며, 운영, 배급, 고객 운영 및 에너지 전달 분야의 경영진 역할을 포함합니다. 그는 환경 공학 학사 및 웨스턴 미시간 대학교에서 MBA를 취득했습니다.

Hubbell Incorporated (NYSE: HUBB) a annoncé l'élection de Garrick J. Rochow à son conseil d'administration, à compter du 19 novembre 2024. Rochow, actuellement président et PDG de CMS Energy et Consumers Energy Company, apporte une vaste expérience de l'industrie des services publics au conseil de Hubbell. Sa nomination porte le nombre de membres du conseil à dix, dont neuf sont indépendants. La carrière de plus de 20 ans de Rochow chez CMS inclut des rôles exécutifs dans les opérations, la distribution, les opérations clients et la fourniture d'énergie. Il est titulaire d'une licence en ingénierie environnementale et d'un MBA de l'Université de Western Michigan.

Hubbell Incorporated (NYSE: HUBB) hat die Wahl von Garrick J. Rochow in seinen Vorstand bekannt gegeben, die am 19. November 2024 wirksam wird. Rochow, der derzeit Präsident und CEO von CMS Energy und Consumers Energy Company ist, bringt umfangreiche Erfahrung aus der Versorgungsindustrie in den Vorstand von Hubbell ein. Seine Ernennung erhöht die Anzahl der Vorstandsmitglieder auf zehn, von denen neun unabhängig sind. Rochows über 20-jährige Karriere bei CMS umfasst Führungspositionen in den Bereichen Betrieb, Verteilung, Kundenservice und Energieversorgung. Er hat einen Bachelor-Abschluss in Umwelttechnik und einen MBA von der Western Michigan University.

Positive
  • Addition of a seasoned utility industry executive to the board
  • Maintains strong board independence with 9 out of 10 directors being independent
  • Strategic alignment with company's focus on grid modernization and electrification
Negative
  • None.

Shelton, CT, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of Hubbell Incorporated (NYSE: HUBB) announces the election of Garrick J. Rochow as a Director of the company effective November 19, 2024.  This addition to the Hubbell Board brings the total number of Directors to ten, of which nine are independent.

Hubbell’s Chairman, President and CEO, Gerben Bakker said, “On behalf of the Board of Directors, I am pleased to welcome Garrick to Hubbell.  His leadership and deep understanding of the utility industry make him a great addition to Hubbell’s Board.  As Hubbell continues to support our customers with critical infrastructure solutions enabling grid modernization and electrification, I am confident that Garrick’s experience and insights in these areas will serve the Board well.”

Mr. Rochow is the President, Chief Executive Officer and a Director of CMS Energy Corporation (“CMS”) and Consumers Energy Company (“Consumers”), a subsidiary of CMS.  CMS is an energy company operating primarily in Michigan and the parent holding company of several subsidiaries, including Consumers, an electric and gas utility, and NorthStar Clean Energy, primarily a domestic independent power producer and marketer.  Prior to becoming CEO of CMS, Mr. Rochow held positions of increasing responsibility at CMS over his twenty (20) plus year career there, including as the executive vice president of operations, senior vice president of distribution and customer operations, vice president of customer experience, rates and regulation and quality and chief customer officer after serving as vice president of energy delivery.  He has been a Director of CMS Energy and Consumers Energy since December 2020. Mr. Rochow graduated from Michigan Technological University with a bachelor's degree in environmental engineering and earned a master's degree in business administration from Western Michigan University. Mr. Rochow also serves on the boards of various other civic and business organizations.

About Hubbell Incorporated

Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently. With 2023 revenues of $5.4 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT.

Contact:         

Dan Innamorato
Hubbell Incorporated
40 Waterview Drive
P.O. Box 1000
Shelton, CT 06484
(475) 882-4000

FAQ

When did Garrick J. Rochow join Hubbell's (HUBB) Board of Directors?

Garrick J. Rochow joined Hubbell's Board of Directors effective November 19, 2024.

How many directors are on Hubbell's (HUBB) board after Rochow's appointment?

After Rochow's appointment, Hubbell's board consists of ten directors, with nine being independent.

What is Garrick Rochow's current position outside of Hubbell (HUBB)?

Garrick Rochow is the President, CEO and Director of CMS Energy and Consumers Energy Company.

What percentage of Hubbell's (HUBB) board members are independent after Rochow's election?

90% of Hubbell's board members are independent (9 out of 10 directors) after Rochow's election.

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