Ipl’s hiring of sanchez as ceo shows utility ‘embracing change’ _ 2016-07-23 _ indianapolis business journal _ ibj. com

He doesn’t have a business or engineering degree. Electricity and water Until five months ago, he had never worked a single day at a utility. Gas x dosage pregnancy And at 41, he is far younger than most of his peers around Indiana.

Rafael Sanchez, who took over in June as CEO of Indianapolis Power & Light Co., is a decidedly nontraditional pick to lead a company facing big challenges and difficult choices.

And he’s the first to admit it—and to say it’s a signal of change at a 90-year-old company that needs to re-examine how it is doing business.

“Make no mistake about it,” Sanchez said. Grade 9 electricity questions “My appointment to this position—being outside of the industry, not having been a prior CEO—is a pretty bold move on IPL’s part. Gas constant in atm I can’t think of something that announces the company is embracing change more than this appointment.”

He started his new job in June, after a four-month apprenticeship as IPL’s senior vice president of strategic planning. Gas prices in texas It was a dramatic change for a person who had spent most his career as a business lawyer at Bingham Greenebaum Doll.

His new job is a critical one. Electricity usage by state He is expected to help the utility and its parent company, AES Corp. Grade 9 current electricity test of Arlington, Virginia, adapt to a flurry of challenges, including new technologies on power generation and distribution, stricter environmental regulations, and customers who are increasingly speaking up over rates and service.

Meanwhile, IPL is under pressure to build business. Gas near me prices Its service territory is limited to about 500 square miles in Indianapolis and surrounding areas, and demand for electricity has been slipping. Electricity pictures The number of kilowatt hours sold fell 12.2 percent last year, which the company attributed in part to warmer temperatures. Gas works park But that put a big dent in IPL’s finances. Grade 6 electricity unit ontario Operating revenue dipped 5.4 percent, to $1.3 billion, and profit tumbled 23.6 percent, to$59.5 million.

The slide has been a long, gradual one. Q mart gas station For the 10 years ending in December, IPL’s sales of retail kilowatt hours decreased at a compound annual rate of1 percent, according to a governmental filing in February by IPALCO Enterprises Inc., the utility’s holding company.

Sanchez said he doesn’t plan to turn the company upside down. Gas in spanish But he will ask lots of questions and push for answers that make sense for fast-changing times.

“By having me, IPL has a completely fresh perspective, somebody from the outside who can maybe challenge the way we’ve done things,” Sanchez said.

His new bosses say that’s a big reason they chose him to succeed Kelly Huntington, who resigned last summer to become senior vice president of enterprise strategy at OneAmerica Financial Partners.

During the selection process, utility experience was not as important as leadership skills and strong community connections, said Ken Zagzebski, president of AES United States.

“We looked at a number of candidates, but when you add it up, Rafael was a really good fit for us,” he said. Q card gas station “When you don’t have industry experience, you have a great ability to challenge how things are done. Gas under 3 dollars And I wanted someone who could think strategically and focus on the IPL of the future.”

Despite his big title, Sanchez actually is not responsible for much of the IPL’s day-to-day activities. I have electricity in my body Many of the major functions, including operations, finance, legal, human resources and government regulation, report to other corporate officials at AES.

Sanchez’ duties include strategic accounts (big customers or partners), public affairs and “stakeholder management”—in other words, dealing with any group or organization that might be affected by IPL’s activities, from city hall to business and environmental groups.

But in another sense, he has a huge team: thousands of contacts in business and civic groups, cultivated by years as a lawyer and a chronic joiner.

He is secretary of the Indy Chamber, a board member at Indy Chamber, on the executive committee of the United Way of Central Indiana and co-chair of Plan 2020, among numerous other civic roles.

“He just connects well with people, and that’s got to be a good quality in his new role,” said Kevin Brinegar, CEO of the Indiana Chamber of Commerce. Electricity lesson plans 8th grade “He’s certainly got a steep learning curve, no doubt about that. Astrid y gaston lima menu english I wouldn’t envy him in that regard. Gas lighting But there’s just a lot of good, talented people at IPL who will help him make the right decisions.”

Ann Murtlow, CEO of the United Way of Central Indiana, who formerly held Sanchez’ job at IPL, called him a “really high energy person” and a “quick study.”

How Sanchez wound up in Indianapolis is a tale unto itself. Static electricity bill nye He was born and raised in Puerto Rico and graduated from the University of Puerto Rico with a major in political science. Gas x dosage for dogs He got married right after college.

Then, both he and wife, Marisol, decided they wanted to study law in the United States. Electricity physics formulas Marisol had studied one semester at Indiana University-Purdue University Fort Wayne. Electricity online games Sanchez’ best man lived in Fort Wayne.

So the young newlyweds decided to sell everything they had and move to Fort Wayne, one of the few places in the United States they knew anybody—only to discover there was no law school there. Gas engine efficiency For a month, they lived out of suitcases in the living room of a friend’s house, and eventually found jobs as tellers at National City Bank (now PNC Bank).

A year later, Sanchez was promoted to branch manager. Gas vs diesel truck His wife became manager of another National City branch.A few more years passed, and they became restless.

After getting his law degree, Sanchez took a job at Bingham Greenebaum Doll, where he advanced to partner. 66 gas station near me But after about 13 years in the legal world, he once again felt restless. Electricity physics test He didn’t want to do legal work for 100 different clients, he said. Gas oil ratio for leaf blower He wanted to shift to the business world and focus on one company.

He found at opportunity at Fineline Printing Group, a 35-year-old company that prints banners, posters and programs for a wide variety of clients. Electricity 1 unit how many watts He became vice president of business development and legal affairs. Static electricity jokes It was a new experience for a lawyer used to drawing up contracts and partnership agreements.

“He was a sponge,” said Richard Miller, Fineline’s founder and owner. Gas used in ww1 “He was always going around, seeing how things were made. A shell gas station near me He asks lots of questions and wants to understand everything.”

In the meantime, Sanchez served five years on the IPL advisory board, a volunteer group of business and community leaders who act as a sounding board to IPL management.

Then, suddenly, the top job at IPL opened up. Gas vs electric stove top Sanchez was ready to jump. Electricity quiz grade 9 He wasn’t concerned that he didn’t have much in the way of industry credentials.

“I started looking into the position, starting having conversations with some of the leadership here,” he said. Electricity usage calculator south africa “Eventually it evolved into me coming over as the senior vice president and learning more about the business, and then kind of morphed into my current position.”

Sanchez has already had a few high-profile events. Gas chamber In June, he shared the spotlight with Mayor Joe Hogsett in announcing a program to install 100 new streetlights in coming months in areas of the city with high accident and crime rates.

The announcement, which followed through on one of Hogsett’s earliest campaign promises, marked the end of a 35-year moratorium on new streetlights in Indianapolis.

During a break in the ceremony, as an IPL technician installed the first streetlight, Sanchez turned to Hogsett, who had worked with him at the same law firm before winning election as mayor last fall.

“I said, ‘Joe, if you would have told me five years ago that you would be mayor of Indianapolis and I would be president and CEO of IPL, I would have laughed at you.”

IPL has undergone big changes in recent months, many of them started under Huntington. Up electricity bill payment online In February, the company stopped burning coal at its Harding Street power plant on the south side, ending a tradition that dated back to 1931. Electricity and magnetism purcell pdf IPL, under pressure to meet stringent clean-air regulations, converted the plant to natural gas at a cost of $70 million.

The company is also retiring six coal-fired units at its Eagle Valley Generating Station near Martinsville and building a 650-megawatt combined-cycle gas turbine that will cost $630 million and go online next spring.

Meanwhile, the company is battling against environmental and consumer groups objecting to its plans to keep burning coal at its largest plant, the Petersburg Generating Station in southwest Indiana. Electricity manipulation IPL recently filed petitions with the Indiana Utility Regulatory Commission to install $100 million in pollution controls at the plant.