Dynegy names new executive vice-president, chief financial officer

By OGJ editors
HOUSTON, Dec. 4 -- Houston-based Dynegy Inc. Monday announced that Nick J. Caruso has been named executive vice-president and chief financial officer. In his new position, Caruso will be responsible for Dynegy's financial affairs, including treasury, tax, investor relations, risk management, internal audit, and lender and credit rating agency relationships.

Prior to his appointment, Caruso worked for Shell Oil Co. for more than 30 years in positions of increasing responsibility until he retired last year. Most recently, he served as vice-president, finance, and chief financial officer.

Before being named chief financial officer, Caruso served as Shell's controller and general auditor.

Separately, Dynegy also appointed Robert Ray to the position of senior vice-president and treasurer. In this role, he will focus on all the company's financings and on its relationships with lenders and credit rating agencies.

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