OGE Energy Corp. Names Luke C. Kissam, IV to Board of Directors, Effective September 1, 2020
August 06, 2020 at 04:05 pm EDT
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OGE Energy Corp. announced that Luke C. Kissam, IV has been elected to serve on its board of directors. His term will begin September 1, 2020 and expire at the company's annual shareholder meeting in May 2021, at which time he is expected to be nominated for approval by the company's shareholders. He will serve on the compensation, and nominating and corporate governance committees. Kissam is the former chairman, chief executive officer and president of Albemarle Corporation, a global specialty chemicals company with leading positions in lithium, bromine and refining catalysts. Prior to becoming CEO, he held various leadership positions at Albemarle since joining the company in 2003. He also serves on the board of directors of DuPont de Nemours and Albemarle Corporation and has served on a number of community and charitable boards and associations.
OGE Energy Corp. is a holding company whose primary investment provides electricity in Oklahoma and western Arkansas. The Company reports its operations primarily through a single segment, the electric company. Its electric company operations are conducted through its wholly owned subsidiary, Oklahoma Gas and Electric Company (OG&E), which generates, transmits, distributes, and sells electric energy in Oklahoma and western Arkansas. OG&E provides retail electric service to approximately 896,000 customers in Oklahoma and western Arkansas throughout a service area that covers 30,000 square miles including Oklahoma City, Fort Smith, Arkansas, and other large communities with their contiguous rural and suburban areas. The Companyâs other operations primarily include the operations of the holding company and other energy-related investments.