July 25, 2014 5:35 AM ET

Electric Utilities

Company Overview of Central Hudson Gas & Electric Corp.

Company Overview

Central Hudson Gas & Electric Corporation, a regulated electric and natural gas company, engages in the purchase, sale, and distribution of electricity and natural gas at retail in portions of New York State. The company also generates a portion of its electricity requirements. It provides electric services in the Hudson Valley; and natural gas services in the cities of Poughkeepsie, Beacon, Newburgh, and Kingston, New York, as well as in certain outlying and intervening territories. The company’s electric transmission system consists of 629 pole miles of line; and electric distribution system comprises 7,300 pole miles of overhead lines and 1,400 trench miles of underground lines, as well a...

284 South Avenue

Poughkeepsie, NY 12601-4839

United States

Founded in 1926

869 Employees



Key Executives for Central Hudson Gas & Electric Corp.

Age: 57
President and Director
Age: 57
Chief Financial Officer
Age: 51
Executive Vice President and General Counsel
Age: 69
Senior Vice President of Customer Services and Director
Age: 54
Compensation as of Fiscal Year 2014.

Central Hudson Gas & Electric Corp. Key Developments

Central Hudson Gas & Electric Corp. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2014

Central Hudson Gas & Electric Corp. reported unaudited earnings results for the first quarter ended March 31, 2014. For the quarter, the company’s revenue was CAD 272 million. Operating income was CAD 35 million. Net earnings from continuing operations were CAD 18 million. Net earnings were CAD 18 million. Gross capital expenditures were CAD 21.

Central Hudson Gas & Electric Corp. Appoints Mark Holtermann as Vice President of Information Technology

Central Hudson Gas & Electric Corporation appointed Mark Holtermann as vice president of information technology. Mr. Holtermann will join the regional utility with responsibility for all facets of information technology, including hardware, software and communication strategy and implementation. Holtermann most recently served as Senior Director of Global Enterprise Technology Solutions for Jarden Consumer Solutions. He previously served for seven years for Nextera Energy.

Central Hudson Gas & Electric Corp. Announces Board Appointments

Central Hudson Gas & Electric Corp. named Mary Madden and Mark Kastner as new members of its board of directors. Madden is president and CEO of Hudson Valley Federal Credit Union, while Kastner is president and principal of Chazen Cos. Fortis Vice President of finance and CFO Barry Perry and FortisAlberta Inc. President and CEO Karl Smith have also joined the board of Central Hudson Gas & Electric. Additionally, the company said that four members of the previous CH Energy Group's board will now serve on the board of Central Hudson Gas & Electric. The members are Margarita Dilley, Steven Fetter, E. Michel Kruse and Steven Lant, CEO of CH Energy Group and Central Hudson Gas & Electric.

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