Exhibit 99
Northeast Utilities
P.O. Box 270
Hartford, CT 06141-
0270
(800) 286-5000
www.nu.com
News Release
Contacts: Al Lara
Office: (860) 665-5527
NU announces leadership appointments
BERLIN, Connecticut, January 10, 2005 - Northeast Utilities
(NYSE: NU) today announced four leadership appointments
within its Transmission Business and The Connecticut Light
and Power Company (CL&P), effective immediately.
Lee Olivier, 56, currently president and chief operating
officer of CL&P, has been elected to the new position of
president of the Transmission Group, reporting to Charles W.
Shivery, NU chairman, president and chief executive officer.
Olivier will be responsible for overseeing all transmission
activities. He joined NU in 1998, and has served as
president and chief operating officer of CL&P since
September 2001, and as senior vice president and chief
nuclear officer of Northeast Nuclear Energy Company from
1998 to April 2001. From April 2001 to September 2001,
Olivier served as senior vice president of Entergy Nuclear
Northeast. Olivier's previous experience includes 29 years
at Boston Edison. David H. Boguslawski, will continue in his
role as vice president of the Transmission Group, and will
report to Olivier, as will Roger C. Zaklukiewicz, vice
president Transmission Projects.
Raymond P. Necci, 52, currently vice president of Utility
Group Services, was elected president of CL&P, reporting to
Cheryl Grise', president of the Utility Group. Necci will
have responsibility for all CL&P operations, ensuring
customers receive safe, dependable and reasonably-priced
energy. He held various senior leadership positions at NU
from 1976 to 2001, and then served as Vice President of
Operations for Dominion Nuclear Connecticut in 2001, until
rejoining NU in December 2001.
James A. Muntz, 47, currently vice president of CL&P
Customer Operations, was elected vice president of the
Transmission Group, reporting to Olivier. Muntz joined NU in
2002 with responsibility for operation and maintenance of
CL&P's electric power distribution system. Prior to joining
NU, Muntz held various leadership positions in his 22 years
at Exelon/PECO.
Peter Clarke, 43, currently director of CL&P System
Projects, was elected vice president of CL&P Customer
Operations, reporting to Necci, with responsibility for the
services and programs CL&P offers its nearly 1.2 million
customers. Clarke joined NU in March 2002 as director of
CL&P System Projects. Prior to joining NU, Clarke held a
variety of operational and management positions in his 18
years at NSTAR.
"These are individuals who are recognized and respected for
their sound leadership and their commitment to our company's
core values," said Charles W. Shivery. "Our employees and
our customers will benefit from their extensive utility
industry experience and commitment to excellence."
In addition, William W. Schively, 58, president of Select
Energy, will be retiring from NU on January 31 after serving
in his current position since 1999. Larry De Simone,
president and chief executive officer of all of NU's
competitive businesses, including Select Energy, will also
assume the responsibilities of president of Select Energy.
Northeast Utilities (NYSE: NU) is a Fortune 500 diversified
energy company located in Connecticut with operations
throughout the Northeast. Through its competitive and
regulated subsidiaries, NU provides Energy for a Changing
World, with a full range of energy products and services to
millions of residential and business customers from Maine to
Maryland. From delivering electricity and natural gas, to
marketing energy commodities, to operating and maintaining
power plant facilities, NU is committed to safety,
reliability and expanding consumers' energy options. For
more information on Northeast Utilities and its
subsidiaries, visit the NU family of Web sites at
www.nu.com.