Pattern Energy Group Inc. has announced several updates to its board of directors.
Mona Sutphen and Richard Goodman have been appointed independent directors, and Patricia Bellinger has resigned from her position as a director of Pattern Energy. As a result of these changes, Pattern Energy’s board of directors comprises seven directors, six of whom are independent.
Sutphen has more than 20 years of experience advising multinational corporate, philanthropic and institutional investors. Most recently, she was a partner at Macro Advisory Partners, where she led the firm’s U.S. practice, providing strategic advice on financial markets, geopolitics, policy and risk management. Prior to joining MAP, Sutphen was managing director at UBS AG, where she developed new tools for political risk evaluation impacting capital markets. From 2009-2011, she served as the White House’s deputy chief of staff for policy for President Barack Obama. She was also appointed by Obama to the president’s intelligence advisory board.
Goodman has more than 30 years of financial management experience in senior roles. He was PepsiCo’s chief financial officer in 2006-2010, after which he was executive vice president of global operations through 2011. Prior to these roles, Goodman served in a financial management capacity at several PepsiCo divisions. Prior to joining PepsiCo in 1992, he was with W.R. Grace & Co. in senior financial positions.
“Mona Sutphen and Richard Goodman are great additions to our board of directors. They each bring skill sets and experiences that complement our existing members and will significantly contribute to the board’s deliberations. Mona and Richard each share our perspective of the important role renewable energy will play in our environment and how we power our future,” says Alan Batkin, chair of Pattern Energy’s board of directors.
Bellinger has resigned from her position as a director of Pattern Energy due to time constraints from a new role she has accepted at Harvard University. Bellinger served more than five years as a director.
“On behalf of the entire company, I would like to thank Patricia Bellinger for her commitment to Pattern Energy,” adds Batkin. “Patti’s insight, experience and thoughtfulness that she brought to the board were extremely helpful in our first years as a public company – she will be missed as we move ahead, helping transition the world to renewable energy.”
Pattern Energy is an independent power company with a portfolio of 24 wind and solar power facilities, which excludes one facility it has agreed to sell, with a total owned interest of 2,806 MW in the U.S., Canada and Japan.
