|Wise joins board, Directors Dail and Rainwater re-elected
For Immediate Release
Nov. 14, 2017
Mark Brown | 317-448-3287
Julie Munsell | 501-378-4145
CARMEL, Ind. — MISO members have elected three directors to serve three-year terms on the organization’s board beginning Jan. 1, 2018. Theresa Wise, an executive consultant at Amtrak and information technology executive was newly elected to the nine-member body. Incumbent directors Baljit “Bal” Dail and Thomas M. Rainwater were re-elected to the board.
“We are pleased to have an executive with Theresa’s knowledge and experience join the board as MISO continues the critical work toward our vision of being the most reliable, value-creating RTO,” said Michael J. Curran, chairman of the MISO board of directors. “With Theresa’s election and Bal and Tom returning to the board, we are well positioned as a governing body to continue providing steady, strategic guidance as MISO leadership navigates future challenges and opportunities.”
The election was held Sept. 25 through Nov. 3, with more than 60 percent of members participating. The results were announced at MISO’s Nov. 14 Informational Forum.
Prior to her work with Amtrak, Wise served as senior vice president and chief information officer at Delta Air Lines Inc. and earlier in the same position at Northwest Airlines Corp. Earlier in her career, Wise specialized in airline and retail analytics, as well as operations research. She holds a bachelor’s degree in mathematics from Saint Olaf College, as well as a master’s and Ph.D. in operations research from Cornell University.
Dail has served on MISO’s board since 2009. Currently, he is a senior adviser to New Mountain Capital, and previously served as chairman and chief executive officer of JDA Software, a provider of retail and supply chain solutions. Rainwater is the founder, president and chief executive officer of Rainwater Asset Management LLC, a Princeton, New Jersey-based asset management and advisory firm. He has served on the board since 2015.
Earlier this year, MISO Director Paul Bonavia shared that he would not seek another term on the board. He will serve out his term that ends Dec. 31.
“Director Bonavia served MISO with the utmost commitment to our vision and mission – and we are grateful for his service,” Chairman Curran said. “He can leave the board knowing that his leadership helped propel the organization in the right direction.”
MISO’s board consists of nine independent directors and the CEO of MISO. The board is responsible for governing the organization, as required by the Federal Energy Regulatory Commission’s Order No. 2000. Each member must meet specific qualifications to serve. As part of their board responsibilities, members serve on an array of committees to provide oversight and guidance to the organization in accordance with the best practices and principles of good corporate governance. More information about MISO’s leadership and board of directors is available at www.misoenergy.org.
|About MISO |
MISO ensures reliable operation of, and equal access to high-voltage power lines in 15 U.S. states and the Canadian province of Manitoba. MISO manages one of the world's largest energy markets, with $37 billion in gross annual market charges. MISO was approved as the nation's first regional transmission organization in 2001. The non-profit 501(C)(4) organization is governed by an independent Board of Directors and is headquartered in Carmel, Ind. Membership is voluntary.