DTE Energy Names Ruth G. Shaw Lead Independent Director Of The Board

PRNewswire 9-May-2019 4:30 PM

DETROIT, May 9, 2019 /PRNewswire/ -- DTE Energy (NYSE:DTE) named Ruth G. Shaw lead independent director of the board, effective immediately. Shaw replaces James B. Nicholson as he retires from the Board of Directors.

Shaw has served on the Board of Directors for DTE Energy since 2008. Her qualifications include extensive experience in the electric industry, service on corporate boards, participation in industry associations, and significant knowledge of corporate governance, executive compensation, regulatory matters, public policy and corporate communications. In addition, Shaw has served as the chair of the DTE Energy Corporate Governance Committee since 2014, as a member of the Nuclear Review Committee since 2008, and on the Organization & Compensation Committee since 2008.

"Ruth brings to the role years of experience, both in the energy industry and on our board of directors," said Gerry Anderson, chairman and CEO of DTE Energy. "We're pleased she has agreed to serve as lead independent director – her deep knowledge and understanding of issues impacting our industry will be of great value to our shareholders, customers and employees."

Shaw retired from Duke Energy Corporation in April 2007, where she served in a series of senior executive roles, including president and CEO of Duke Power Company. In addition, she served on the boards of the Nuclear Energy Institute, the Institute of Nuclear Power Operations, and the Edison Electric Institute.

Shaw earned her Bachelor of Arts (magna cum laude) and a Master of Arts degree from East Carolina University, and a Ph.D. from the University of Texas at Austin.

About DTE Energy 
DTE Energy (NYSE:DTE) is a Detroit-based diversified energy company involved in the development and management of energy-related businesses and services nationwide. Its operating units include an electric company serving 2.2 million customers in Southeastern Michigan and a natural gas company serving 1.3 million customers in Michigan. The DTE portfolio includes energy businesses focused on natural gas pipelines, gathering and storage, power and industrial projects, renewable natural gas, and energy marketing and trading. As an environmental leader, DTE will reduce carbon dioxide and methane emissions by more than 80 percent by 2040 to produce cleaner energy while keeping it safe, reliable and affordable. DTE is committed to being a force for good in the communities where it serves through volunteerism, education and employment initiatives, philanthropy and economic progress. Information about DTE is available at dteenergy.com, empoweringmichigan.com,twitter.com/dte_energy and facebook.com.  

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SOURCE DTE Energy