Commerce Energy Names Interim Chief Financial Officer
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Commerce Energy (AMEX: EGR), a leading U.S. electricity and natural gas
marketing company, names C. Douglas Mitchell as interim chief financial
officer (CFO), effective January 28. Mitchell succeeds J. Robert Hipps,
who has served as interim CFO since July. Mitchell, 57, is a partner in
the Orange County practice of Tatum, LLC, an executive services and
consulting firm. Hipps, 67, is also a partner of Tatum.
"Doug has excellent credentials, as well as
significant experience in financial controls, reporting for rapid-growth
companies and in strategic planning,” said
Commerce Energy Chief Executive Officer Steven S. Boss. "He
has the right skills at the right time for Commerce Energy, and we
welcome him to our team.”
Mitchell has more than 25 years of experience in public and private
financial executive positions with expertise in planning and reporting,
budgeting and forecasting, risk management, SEC matters, strategic
planning, tax and compliance. He also has a strong background in the
implementation of enterprise-wide information technology solutions. He
is a graduate of the University of Southern California and is a
certified public accountant with a California certificate.
"I want to thank Bob for his commitment and
hard work over the past six months,” said
Boss, "and we look forward to a seamless
transition with Doug.” 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.