OGE Energy appoints Fernandez McQuistion VP - Corporate Responsibility and Stewardship

Rhea-AI Summary

OGE Energy Corp. announced the appointment of Cristina Fernandez McQuistion as Vice President – Corporate Responsibility and Stewardship, effective January 1, 2021. McQuistion, previously Vice President and CIO, will enhance the company's ESG initiatives. OGE aims to reduce CO2 emissions by at least 50% from 2005 levels by 2030, aligning with the Paris Agreement. The OGE Energy Foundation has contributed over $11 million in community support in the last five years. Additionally, Rose Royal has been named Director of Ethics, Equity, and Inclusion.

Positive

• Appointment of Cristina Fernandez McQuistion enhances corporate responsibility efforts.
• OGE targets significant CO2 emissions reduction, supporting sustainability goals.
• Over $11 million contributed to community programs, demonstrating strong corporate stewardship.

Negative

• None.

OKLAHOMA CITY, Dec. 16, 2020 /PRNewswire/ -- OGE Energy Corp. (NYSE: OGE) today announced the appointment of Cristina Fernandez McQuistion to the newly created role of Vice President – Corporate Responsibility and Stewardship. Effective January 1, 2021, McQuistion will transition from her current role as Vice President and Chief Information Officer and will report to OGE Energy Chairman, President and CEO Sean Trauschke.

McQuistion will focus on advancing the company's established ESG (Environmental, Social & Governance) objectives and initiatives. Already an industry-leader in Carbon Dioxide (CO2) reductions, OG&E expects to be at least 50% below 2005 emissions levels by 2030, consistent with the recommendations of the Paris Agreement. In addition, the OGE Energy Corp. Foundation, Inc. has given over $11 million in scholarships, grants and donations over the past five years supporting programs, organizations and institutions that enhance quality of life and economic well-being in the communities where OGE operates.

"Meeting the needs of our stakeholders starts with rates that are among the lowest in the nation and continues with our ongoing commitment to corporate stewardship," said OGE Energy Chairman, President and CEO Sean Trauschke. "As the importance of stewardship increases nationally and among our stakeholders, I am thrilled that Cristina will be taking on the role of enhancing our efforts across all categories throughout the communities we serve."

McQuistion joined OGE in September 2008 and has served as Vice President and Chief Information Officer since 2012. She holds a bachelor's degree from Brown University and a Master of Business Administration degree from Stanford University Graduate School of Business.

Rose Royal was also named Director of Ethics, Equity and Inclusion and will assume leadership of the company's Ethics program.

"OGE has a strong reputation for ethics and integrity, and I am pleased that Rose will be leading the way as we continue to reinforce the importance of Integrity and Valuing Diversity & Inclusion which are two of the company's Values and Beliefs," said Trauschke.

Royal joined OGE in 2007 and has served as Director of HR Compliance and Employee Relations since 2015. She holds a Master of Business Administration, with an emphasis in Human Resources. She also holds the Society of Human Resource Management – Senior Certified Professional (SHRM-SCP) and Senior Professional in Human Resources (SPHR) certifications.

About OGE

OGE Energy Corp. is the parent company of OG&E, a regulated electric utility with approximately 865,000 customers in Oklahoma and western Arkansas. In addition, OGE holds a 25.5 percent limited partner interest and a 50 percent general partner interest of Enable Midstream, created by the merger of OGE's Enogex LLC midstream subsidiary and the pipeline and field services businesses of Houston-based CenterPoint Energy.

View original content:http://www.prnewswire.com/news-releases/oge-energy-appoints-fernandez-mcquistion-vp--corporate-responsibility-and-stewardship-301194555.html

SOURCE OGE Energy Corp.

FAQ

What is the significance of Cristina Fernandez McQuistion's appointment at OGE?

Cristina Fernandez McQuistion's appointment as VP of Corporate Responsibility will bolster OGE's focus on ESG initiatives and corporate stewardship.

When does Cristina Fernandez McQuistion start her new role at OGE?

Cristina Fernandez McQuistion will transition to her new role effective January 1, 2021.

What are OGE's goals regarding CO2 emissions?

OGE aims to achieve at least a 50% reduction in CO2 emissions from 2005 levels by 2030, in line with the Paris Agreement.

Who will lead the Ethics program at OGE?

Rose Royal has been appointed as Director of Ethics, Equity, and Inclusion at OGE.

How much has OGE Energy Corp. donated to community programs?

OGE Energy Corp. has contributed over $11 million in scholarships, grants, and donations over the past five years.