July 24, 2014 2:31 PM ET

Professional Services

Company Overview of ACES

Company Overview

ACES, a wholesale energy risk management and transaction execution service company, assists its members and customers in buying, selling, and managing energy. The company offers energy risk management and transaction execution services; and hourly/term trading, scheduling, origination, transmission, portfolio modeling, fuels, environmental market, trading control, credit, contract administration, regulatory, training, and settlements services. It serves electric cooperatives, investor-owned utilities, municipal utilities, public power agencies, independent power producers, renewable energy providers, industrial companies, and banks and hedge funds. ACES was formerly known as ACES Power Marke...

4140 West 99th Street

Carmel, IN 46032

United States

Founded in 1998

Phone:

317-344-7000

Fax:

317-344-7001

Key Executives for ACES

Chief Executive Officer and President
Chief Financial Officer and Senior Vice President
Vice President of Finance and Accounting
Chief Information Officer and Senior Vice President
Director of Administration & Accounting Services
Compensation as of Fiscal Year 2014.

ACES Key Developments

ACES Names Michael T. Steffes as President and CEO

ACES announced that Michael T. Steffes has been appointed President and Chief Executive Officer (CEO) of ACES, effective immediately. Steffes joined ACES in 1999 as Vice President of Marketing and Trading. Since the departure of ACES' former CEO David Tudor in May 2013, Steffes has served as Acting President and CEO.

ACES Announces Management Changes

ACES announced the resignation of David J. Tudor as President & Chief Executive Officer. The company's Senior Vice President & Chief Operating Officer Michael T. Steffes to Serve as Acting President & CEO. Mike has been with the company for 13 years and most recently served as the Senior Vice President and Chief Operating Officer for the company. Mike's appointment allows the company to continue to provide high quality services to its Members and Customers, and to pursue its extensive business plan initiatives without any disruption. Mike will assume the position of Acting President and CEO effective immediately.

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Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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