NV Energy selects new president, CEO

CARSON CITY – NV Energy has named Paul Caudill as its president and chief executive officer.

Caudill replaces Michael Yackira, who retired Monday as chief executive officer for the company.

Caudill has served as president of NV Energy since the company merged with Berkshire Hathaway Energy in December 2013. Prior to joining NV Energy, he was president of Berkshire Hathaway Energy’s MidAmerican Solar, a division of MidAmerican Renewables LLC.

He holds a bachelor’s degree from the University of Arizona and an MBA from the Kellogg Graduate School of Management at Northwestern University.

“Paul is a proven leader whose extensive background in the utility and renewable industries combined with his passion for serving our customers, make him a natural to lead NV Energy,” said Greg Abel, chairman, president and chief executive officer of Berkshire Hathaway Energy.

“Michael Yackira has helped transform NV Energy into the outstanding company it is today, and Paul will build on that foundation by leading the organization into the next era of Nevada’s energy future,” Abel said.

Contact Capital Bureau reporter Sean Whaley at swhaley@reviewjournal.com or 775-687-3900. Follow him on Twitter @seanw801.


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