Commerce Energy Group, Inc. (Amex:EGR), a leading U.S. electricity and
natural gas marketing company, today announced it has named David J. Yi
as chief risk officer.
Most recently, Yi was director of Accounting and Risk Control for
Pacific Summit Energy LLC, a subsidiary of Sumitomo Corp. Previously, Yi
served as chief credit officer for Cook Inlet Energy Supply, LLC, a
multi-billion
Dollar North American energy supply services company that
was purchased by Macquarie Bank of Sydney and renamed Macquarie Cook
Energy. He has also held leadership positions with GearyEnergy, LLC and
Southern California Edison.
"Dave brings a wealth of energy industry
experience to our company and has a stellar reputation in the credit
world,” said Chairman and Chief Executive
Officer Gregory L. Craig. "I worked with Dave
for 10 years at Cook Inlet. We are fortunate to have an individual of
his experience and reputation as part of our organization.”
Yi earned a bachelor of arts degree in business economics from the
University of California, Los Angeles, and completed the Minority
Business Entrepreneur Program at Dartmouth College. He is a past
president of the International Energy Credit Association (IECA).
About Commerce Energy Group, Inc.
Commerce Energy Group, Inc. (Commerce) is a leading independent U.S.
electricity and natural gas marketing company, operating through its
wholly-owned subsidiaries, Commerce Energy, Inc. and Skipping Stone Inc.
Commerce is publicly traded on the American Stock Exchange (Amex) under
the symbol: EGR. Commerce Energy, Inc. is licensed by the Federal Energy
Regulatory Commission and by state regulatory agencies as an unregulated
retail marketer of natural gas and electricity to homeowners, commercial
and industrial consumers and institutional customers.
Headquartered in Orange County, California, the company also has an
office in Dallas, Texas, as well as several area offices located around
the U.S. For nearly a decade, customers have relied on Commerce to
deliver competitive pricing, innovative product offerings and
personalized customer service, in addition to quality gas and electric
services. For more information, visit www.CommerceEnergy.com.