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Board of Directors

An independent Board of Directors governs MISO. Each member serves a three-year term, and must meet specific qualifications designed to ensure an independent and qualified Board. 

Our Board of Directors

Mr. Bear joined MISO in 2004 and has more than 20 years of executive leadership in the utility industry. Serving as MISO’s chief executive officer since 2009, he leads MISO’s continuous efforts to create and deliver value for all customers through efficient, reliable market operations and system planning.

Previously, Bear served as MISO's president and chief operating officer, overseeing the initial design, implementation and daily operation of MISO’s energy markets and transmission system planning.

Before joining MISO, Bear was president of Houston-based Reliant Resources, where he directed all operations and commercial activity for 14,000 megawatts of generation assets, as well as serving as managing director of European Operations.

Bear served as the 2010 president of the GO 15, the world’s largest power grid operators and was the 2011 vice president. The GO 15 shares knowledge on key issues representing more than 70 percent of the world’s electricity demand and 3.4 billion customers on six continents.

He currently serves as an advisory board member of Energy Systems Network, an initiative focused on bringing clean technology solutions to market. Bear is also a member of the Governance Board of the Ohio, Kentucky and Indiana Chapter of the Make-A-Wish Foundation and is a past vice chair of the Indiana Regional Board.

He is a former board member of NERC regional entity ReliabilityFirst, and a founding board member of the Amsterdam Power Exchange.

Bear graduated from Southern Methodist University with a Master of Business Administration degree and a Bachelor of Business Administration degree. He attended the INSEAD Advanced Management Program for Senior Executives in 2009.


Michael J. Curran spent the majority of his career in the financial services and investment community, including more than seven years with the Boston Stock Exchange Inc., where he was chairman and chief executive officer. Director Curran led the Boston Stock Exchange through a period of intense automation of the financial markets and was directly involved with the creation of several market ventures until its merger with the NASDAQ in August 2008.

Prior to joining the Boston Stock Exchange, Curran was a managing director and COO of International Mutual Funds for Zurich Scudder Investments, a partner with Coopers & Lybrand’s Information Technology Practice and worked with Apollo Computer and Peat, Marwick, Mitchell & Co. He began his career with Electronic Data Systems.

Currently, Curran serves as chairman of the MISO Board of Directors, and is a member of the Audit & Finance Committee, Technology Committee and Markets Committee.

In addition to his work on the MISO board, Curran serves on a number of NASDAQ regulatory boards and is a member of the Advisory Committee for Cramer, Collaborative Consulting and Fluent.

Curran earned a Bachelor of Science degree in economics from Dickinson College in Carlisle, Pennsylvania.

Phyllis E.Currie served as general manager of Pasadena Water and Power from 2001 to 2015. The position serves the city of Pasadena, California and portions of Los Angeles County. Under her leadership, PWP added new electric generation units, and implemented improvements to upgrade the city’s water and electrical distribution systems. 

During her 30-year career with the city of Los Angeles, Director Currie held the positions of chief financial officer for the Los Angeles Department of Water and Power; assistant city administrative officer overseeing development of the city’s annual operating and capital budgets and director of the Los Angeles rent control program.

Currie serves as MISO’s Audit & Finance Committee chair and is a member of the System Planning Committee and the Corporate Governance & Strategic Planning Committee.

She currently serves on the Electricity Advisory Committee of the Department of Energy and consults on water utility issues. Additionally, Currie is a member of Pasadena Rotary and the board of directors of the Association of Women in Water, Energy and the Environment.  

Currie has held leadership roles in the California Municipal Utilities Association, the Southern California Public Power Authority and the American Public Power Association, serving as board chair. Past affiliations also include the board of directors of the Electric Power Research Institute, the Municipal Securities Rulemaking Board and the California Debt Advisory Commission.

Currie received a bachelor’s degree in political science and a master’s in business administration degree from UCLA. She also completed the Program for Senior Executives in State and Local Government at the John F. Kennedy School of Government at Harvard University.


Baljit "Bal" Dail is a senior advisor to New Mountain Capital, a private equity firm based in New York. Prior to his advisory role, Dail was the chairman and CEO of JDA Software, the leading provider of retail and supply chain solutions. Prior to leading JDA Software he was a managing director at New Mountain Capital.

Previously, Director Dail was chief executive officer of Aon Hewitt. He also held senior executive positions with Aon Corp., Aon Benfield and Aon Consulting. Under his leadership, Aon Consulting grew organically in line with peers and industry-leading margins. He was selected as one of Consulting Magazine’s 2010 Top 25 Consultants of the Year.

Dail is a former principal with the management consultancy McKinsey and Company. He also served as vice president of strategic planning for Starwood Hotels and Resorts, and held a number of senior management positions at JP Morgan and British retailer Marks and Spencer. He began his career in the technology group at Ford Motor Co.

He chairs MISO’s Technology Committee and also serves on the Markets Committee and the Human Resources Committee.

In his previous role as a member of the Audit & Finance Committee, Dail exercised oversight responsibility for the company’s budget, financial performance and all internal and external audits. He reviewed the plans and budget for the construction of two new data centers, as well as the plans and budget for the information technology equipment in the new data centers.

Director Dail also serves on the boards of Model N, One Digital and Sparta Systems.

He was previously the chair of the Compensation Committee of Western Dental and served on the boards of Alexander Mann Solutions and AmWins.

He earned a degree in computer science from the University of Warwick, in Warwick, UK.

H.B. “Trip” Doggett has nearly four decades of experience in the electric power industry. Most recently he served as president and chief executive officer of the Electric Reliability Council of Texas. He joined ERCOT in 2008 as chief operating officer and also served as interim president and CEO. As the independent system operator for the region, ERCOT manages the flow of electric power to 24 million Texas customers, representing about 90 percent of the state’s electric load.

Prior to joining ERCOT, Director Doggett was an independent consultant for eight years, specializing in electric deregulation, where he was founder and owner of Benchmark Power Consulting Inc. One of his most significant assignments was leading the stakeholder process that created the market rules for ERCOT’s redesigned “nodal” market.

Doggett started his career with Duke Energy Corp., where he spent 22 years. He led projects in the area of transmission substation engineering and was part of the team that launched the California Independent System Operator.

He serves on MISO’s Human Resources Committee, the System Planning Committee and the Technology Committee.

Additionally, Doggett serves on the Advisory Board of the Texas A&M University Smart Grid Center and the Advisory Board of ResilientGrid, a company focused on optimizing human performance on the grid and grid resilience.

Doggett is a registered professional engineer and earned his bachelor’s degree in engineering from the University of North Carolina at Charlotte.

Doggett and his wife Debbi have a daughter, a son and twin grandchildren.

Mark S. Johnson served as vice president of Transmission Operations for Pacific Gas and Electric Co. from 2006 to 2013. His responsibilities included providing leadership and direction to the company’s 24/7 Transmission Control Center operations, transmission lines and substation-related engineering/design, operations, construction, reliability, and strategy functions.

While at PG&E, Director Johnson oversaw 1,775 employees and managed a budget of $1.18 billion in capital and operating expenses. He also orchestrated the consolidation of 15 remote transmission control centers into a single facility. In addition, he led efforts to improve the overall operational and human performance proficiency of the transmission and distribution business.

After moving back to his home state of Tennessee in 2013, Johnson served as president of Utility Services for The Dedic Group, a utility-industry focused executive search firm. Previously, he was director of transmission operations for E.ON U.S. and its subsidiaries, Louisville Gas & Electric and Kentucky Utilities. Johnson had served in a number of officer, senior-level and management positions during his tenure at the Tennessee Valley Authority and Entergy Corp. He retired from full-time employment in 2015.

Johnson serves as chair of the System Planning Committee and is a member of the Corporate Governance & Strategic Planning Committee and the Human Resources Committee.

Johnson has a Bachelor of Science degree in civil engineering technology from Murray State University and has successfully completed the Darden School of Business Executive Program at the University of Virginia.

Barbra J. Krumsiek’s professional background spans four decades in the asset management field, including most recently as president, CEO and chair of Calvert Investments Inc., a $14 billion asset management firm. Ms. Krumsiek led Calvert through a period of significant growth, tripling the firm’s assets under her management.

Prior to joining Calvert, Director Krumsiek was a managing director of Alliance Capital Management L.P. (AB) and held senior positions in the investment operations of Equitable Life, where she began her career in 1974.

Krumsiek serves on MISO’s Audit & Finance Committee, the Corporate Governance & Strategic Planning Committee, and the Markets Committee.

Her prior board service includes serving as independent director on the board of Pepco Holdings Inc.  Krumsiek also served on the board of Calvert Mutual Funds and the Calvert Foundation, and as the chair of the board of Acacia Mutual Life Insurance Company.

In 2016, Krumsiek was appointed an independent director of Arabesque Asset Management, London. In 2015, she was named senior industry fellow at Georgetown University’s Women’s Leadership Institute in the McDonough School of Business. She was also appointed an advisor to the Robert Wood Johnson Foundation Investment Committee. 

Krumsiek was awarded the Lifetime Achievement Award from the Mutual Fund Industry Awards. She received Columbia University Business School’s Botwinick Prize in Business Ethics in 2012 and is a Washington Business Hall of Fame Laureate. She was named in Ethisphere’s 2015 list of the 100 Most Influential in Business Ethics.

Graduating Phi Beta Kappa with University Honors and Honors in mathematics from Douglass College at Rutgers University, Krumsiek holds a Master of Science in mathematics from New York University’s Courant Institute of Mathematical Sciences.

Krumsiek and her husband, Bart Leonard, reside in Washington, D.C.  They have two daughters.

Todd M. Raba is currently a partner at Twenty First Century Utilities of Washington, D.C. TFC is an investment company investing in regulated utilities, with a mission to transform them to a twenty-first century model that embraces new technologies and delivers cost-effective and environmentally responsible and reliable energy. 

From 2012 to 2015, Director Raba was CEO of GridPoint Inc. of Arlington, Virginia. GridPoint is an established leader in smart energy solutions, providing Fortune 1000 enterprises, government agencies and utilities with the tools necessary to implement and maintain sustainable energy management practices that improve operational efficiency and maximize energy savings.

Prior to his engagement with GridPoint, Raba served as chairman, president and CEO of Johns Manville, a Berkshire Hathaway company, from 2007 to 2012. Johns Manville is a $2.5 billion building products company, employing over 7,000 people dedicated to providing products and services to residential, commercial and industrial customers throughout the world. Raba reported directly to Berkshire Hathaway Chairman Warren Buffett. 

Raba served as president of MidAmerican Energy, another Berkshire Hathaway company, from 2004 to 2007, where he managed Iowa’s largest electric and gas utility. He first joined the company in 1997. From 1984 to 1997, Mr. Raba filled a variety of senior leadership positions at Rollins Environmental Services of Wilmington, Delaware. 

Raba serves as chair of MISO’s Human Resources Committee and is a member of the Audit & Finance Committee and the System Planning Committee.

He currently resides in Scottsdale, Arizona, with his wife Diane.  They have two daughters.


Tom Rainwater is the founder, president and CEO of Rainwater Asset Management, LLC, a Princeton, New Jersey-based asset management and advisory firm. Rainwater Asset Management works with boards, executive management teams and owners of private-equity firms to ensure good governance and effective risk management practices, alignment of culture and organizational values, and in creating and preserving shareholder value.  

Prior to starting his firm in 2014, Director Rainwater served for five years as president and CEO of Essential Power, LLC (EP) of Princeton, New Jersey, an owner and operator of natural gas-fired electric generation assets located in the mid-Atlantic PJM region and the New England ISO-Northeast region. Previously, Rainwater served as CEO and board member of SunEdison, a private solar integrator in the Washington, D.C. area and as an executive officer of TransAlta Corp. of Calgary, Alberta, Canada, for five years.

Rainwater also gained 10 years of experience in the U.S. natural gas industry as it was restructured, working throughout the sector from gas production to interstate pipeline transmission to distribution and retail marketing.

Rainwater serves as chair of MISO’s Corporate Governance & Strategic Planning Committee and is a member of the Markets Committee and the Technology Committee.

He is active in the National Association of Corporate Directors in the U.S. and the Institute of Corporate Directors in Canada. He holds the ICD.D designation in Canada.

Rainwater holds dual undergraduate engineering degrees from the University of Michigan College of Engineering in Ann Arbor, Michigan, and a graduate degree in management from Cardinal Stritch University of Milwaukee, Wisconsin. He has completed additional post-graduate training in marketing and board service.

He and his wife reside in the Princeton area.

Theresa Wise has significant expertise in IT executive leadership, change management, revenue management and math modeling. 

Currently serving as an executive consultant to Amtrak, Theresa previously served as Chief Information Officer and Senior Vice President of Delta Air Lines from 2008-2016. She led the integration of technology and business readiness plans following its acquisition of Northwest Airlines, in what became recognized as a blueprint for airline mergers. Post-merger, she led a team of more than 3,000 professionals, leveraging innovative technology solutions to enhance the customer experience at Delta.

Prior to joining Delta, Theresa held a number of positions at Northwest Airlines, including chief information officer from 2001-2008. As a student-intern at Northwest, Theresa was credited with inventing new mathematical models for airline planning optimization, which the airline rapidly adopted.

Theresa currently serves on the board of Impinj (NASDAQ: PI), the global leader in RFID technology and application. She has been recognized by the Minneapolis / St. Paul Business Journal as “Chief Information Officer of the Year” for her lifetime of work in Information Technology and her leadership in the airline merger. She has been recognized by the ExecRank as Global CIO of the Year in 2013.

Theresa is an active supporter of arts and science education, currently serving as Vice Chair of the Science Museum of Minnesota, on St. Olaf College’s Board of Regents, Cornell University’s Advisory Council for Operations Research and Information Engineering, and as a violinist with the Bloomington Symphony Orchestra.

Theresa earned a B.A. in mathematics and chemistry from St. Olaf College and a Ph.D. and M.S. in applied math and operations research from Cornell University. 

Committee Charters and Guiding Principles

Members of the Board of Directors serve on committees that assist the Board in fulfilling its oversight responsibilities. Each committee has a charter outlining its specific responsibilities.