Vistra Names Tom Farrah as New Chief Information Officer

Rhea-AI Summary

Vistra (NYSE: VST) has appointed Tom Farrah as the new Chief Information Officer, effective July 6, 2020. Farrah, a seasoned IT professional with over 30 years of experience, succeeds Ravi Malik, who resigned for personal reasons. He brings extensive knowledge from his previous roles, including CIO at Keurig Dr Pepper. CEO Curt Morgan expressed confidence in Farrah's ability to enhance Vistra's technology platforms during this crucial period of growth and adaptation in the energy sector.

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• Tom Farrah's extensive experience in IT will benefit Vistra's technology strategy.
• Farrah's previous role as CIO at Keurig Dr Pepper reflects his capability to drive technology improvements.

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• None.

IRVING, Texas, July 6, 2020 /PRNewswire/ -- Vistra (NYSE: VST) today announced the appointment of Tom Farrah as senior vice president and chief information officer, effective July 6, 2020. Farrah, a 30-year information technology veteran, is replacing outgoing CIO, Ravi Malik, who has announced his resignation to pursue other opportunities. Farrah will report to Curt Morgan, Vistra's chief executive officer, and will be responsible for ensuring the reliability, security, and continued development of the company's technology platforms as well as delivering new solutions to support the business.

"Tom brings with him a wealth of technical knowledge, business acumen, and leadership," said Morgan. "Vistra is pleased to welcome him to our team during what is proving to be a critical time for technology. Not only is our company growing and our industry changing rapidly, but Vistra, like so many businesses across the world, has adjusted the way we operate in order to allow our people and customers to function from anywhere with the apps and devices of their choice. I'm confident Tom and our technology services team will provide capabilities that will further the growth and success of our company."

"It's an exciting time to join the Vistra team. I'm looking forward to getting involved in a new industry with a fascinating company that's seen tremendous and impressive growth in a short time," said Farrah. "This pandemic has shown that technology is a critical enabler to keeping business running and allowing customers to choose and manage their electricity needs. I've spent my entire career in technology and it's clear that when a company can marry robust technical knowledge and innovation with strong business operations, you drive greater results."

Before joining Vistra, Farrah most recently served as senior vice president of business transformation of Keurig Dr Pepper. During his 15 years with KDP, he held various positions within information technology, including chief information officer from 2011 to 2018, vice president of global infrastructure and IT operations, and later as vice president of IT, supply chain, architecture, and information management. Prior to KDP, Farrah held senior level IT positions at General Motors, Pfizer, and Electronic Data Systems.

Farrah holds a bachelor's degree in computer science and mathematics from the University of Windsor, Canada.

Media 
Meranda Cohn
Media.Relations@vistracorp.com 
214-875-8004

About Vistra
Vistra (NYSE: VST) is a premier, integrated, Fortune 275 energy company based in Irving, Texas, providing essential resources for customers, commerce, and communities. Vistra combines an innovative, customer-centric approach to retail with safe, reliable, diverse, and efficient power generation. The company brings its products and services to market in 20 states and the District of Columbia, including six of the seven competitive wholesale markets in the U.S. and markets in Canada and Japan, as well. Serving nearly 5 million residential, commercial, and industrial retail customers with electricity and natural gas, Vistra is the largest competitive residential electricity provider in the country and offers over 40 renewable energy plans. The company is also the largest competitive power generator in the U.S. with a capacity of approximately 39,000 megawatts powered by a diverse portfolio, including natural gas, nuclear, solar, and battery energy storage facilities. In addition, the company is a large purchaser of wind power. The company is currently constructing a 400-MW/1,600-MWh battery energy storage system in Moss Landing, California, which will be the largest of its kind in the world when it comes online. Vistra is guided by four core principles: we do business the right way, we work as a team, we compete to win, and we care about our stakeholders, including our customers, our communities where we work and live, our employees, and our investors. Learn more about our environmental, social, and governance efforts and read the company's sustainability report at https://www.vistraenergy.com/sustainability/.

 

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SOURCE Vistra Energy

FAQ

Who is the new Chief Information Officer of Vistra?

Tom Farrah has been appointed as the new Chief Information Officer of Vistra.

When did Tom Farrah start as CIO at Vistra?

Tom Farrah's appointment as CIO at Vistra is effective July 6, 2020.

What was Tom Farrah's role before joining Vistra?

Before joining Vistra, Tom Farrah was the senior vice president of business transformation at Keurig Dr Pepper.

What is Vistra's stock symbol?

Vistra's stock symbol is VST.

Why did Ravi Malik resign from Vistra?

Ravi Malik resigned to pursue other opportunities.