DP&L finds its next CEO

Dayton Power & Light has named an executive with Columbia Gas of Ohio its new president.

DP&L owner AES Corp.’s United States Strategic Business Unit announced Thursday that Vincent Parisi has been named its president of U.S. utilities, effective June 3.

“I am honored to lead these two forward-thinking companies during a pivotal time in our industry,” Parisi said in a statement.. “As technology continues to advance, IPL and DP&L have applied best practices to energy service, delivering value and a high level of customer service. I look forward to continuing that tradition of innovation and quality for the customers and communities we are privileged to serve.”

In his role, Parisi will serve as president and chief executive of DP&L and Indianapolis Power & Light Co.

Currently a vice president of Columbia Gas of Ohio, Inc., Parisi has 18 years of experience in the utilities industry, serving as a senior executive for 16 of those years.

“We are pleased to have someone of Vince’s caliber join us at the helm of IPL and DP&L,” Lisa Krueger, AES United States Strategic Business Unit president, said in a statement Thursday. “His knowledge of the Midwest utilities industry, combined with his strong focus on serving customers, will allow us to continue to provide reliable, affordable and smarter power to our customers today while preparing for the energy future.”

This will be the third new CEO to oversee DP&L in just over four years. The company supplies power to 515,000 customers in 24 counties throughout west central Ohio.

Former president and CEO Craig Jackson left DP&L in December to “spend more time with his family and begin exploring new career opportunities.” Jackson replaced Tom Raga, who was named executive vice president of DP&L’s holding company, DPL Inc.

Parisi was not made available for an interview.

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