New Ernst & Young LLP Power & Utilities’ advisors to help clients improve performance in a heavily regulated industry

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New York, 18 January 2012 — In an ongoing effort to help power and utility companies improve performance in a highly regulated, transforming industry, Ernst & Young LLP announced that three senior executives have joined the firm, bringing deep experience working with utilities to improve their strategic, financial and operational processes.

Mike Elzey, a former senior vice president with Black & Veatch, has more than 30 years’ experience with infrastructure, technology and professional services in the electric, gas and water utility industries. He will lead several major accounts in the southeast and support Smart Grid and nuclear services on a national level. Elzey received a bachelor’s of science in civil engineering from Auburn University and received nuclear power training in the United States Navy.

Roy Ellis, former head of regulatory for Capgemini, has more than 15 years of experience in the power and utilities industry delivering projects to electric, gas and water utilities in the US and Canada. He will help expand regulatory services within Ernst & Young LLP’s Advisory Services, including consolidation of corporate-wide regulatory readiness assessments, utility regulatory organizational designs, and reporting services that improve and support the rate making process. Ellis earned a Bachelor of Arts degree from Elon University.

Brian Hurst, former partner with Accenture, has more than 20 years of customer transformation and operations experience with over 16 years dedicated to helping utility executives develop and deliver their retail/customer strategy while navigating the complexities and operational impacts to the customer organization associated with market changes, revenue optimization challenges, regulatory shifts and emerging issues.

He will help broaden and expand Ernst & Young LLP’s Advisory Services Power & Utilities customer practice at a time when the traditional customer engagement model is evolving with the introduction of smart technology and smart-enabled services. Prior to joining the firm, Hurst was the transformation and customer experience lead for Philadelphia-based PECO’s new metering technology initiative. Hurst received a bachelor’s in telecommunications management from DeVry University and has contributed to various publications and leadership forums.

“The rate of change in the utility sector continues to build momentum. We consistently hear from our clients that they need guidance on changing regulatory frameworks, customer engagement, operational efficiencies and cost reductions,” said Dana Hanson, Americas Advisory Power & Utilities Leader for Ernst & Young LLP. “Roy, Mike and Brian have proven track records of helping utilities understand the implications of change and how to continue driving their performance in today’s environment using innovative strategies and methodologies.”

Ellis, Elzey, Hurst and others on Ernst & Young LLP’s Advisory Services Power & Utilities team also focus on many of the issues examined in the EY organization’s bi-annual publication, Utilities Unbundled.  The magazine collects the thoughts of EY professionals across the globe’s helping clients to anticipate market trends, identify the implications and develop points of view on relevant industry issues. To download a copy of the current issue, please go to: Utilities unbundled, issue 11.
  
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The relationship between risk and performance improvement is an increasingly complex and central business challenge, with business performance directly connected to the recognition and effective management of risk. Whether your focus is on business transformation or sustaining achievement, having the right advisors on your side can make all the difference. Our 20,000 advisory professionals form one of the broadest global advisory networks of any professional organization, delivering seasoned multidisciplinary teams that work with our clients to deliver a powerful and superior client experience.

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This news release has been issued by Ernst & Young LLP, a US client-serving member firm of Ernst & Young Global Limited.

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