Industry & Services >> CEO Interviews >> June 11, 2002
John Forsgren – Northeast Utilities System (nu)
JOHN H. FORSGREN is Vice Chairman of the Board, Executive Vice
President, and Chief Financial Officer of the Northeast Utilities
System. He is responsible for NU's Financial Organization which
includes: Treasury, Accounting, Budgeting, Financial Planning,
Information Technology and Strategic Planning functions. He is also
responsible for the Unregulated Organization which includes: Wholesale
Marketing, Select Energy and Select Energy Services, Inc. Mr. Forsgren
earned a Bachelor of Arts degree in Economics from Georgetown University
in 1967, a Master of Business Administration from Columbia University in
1969 and a Master's degree in International Finance from the University
of Geneva (Switzerland) in 1972. Mr. Forsgren joined NU in 1996.
Previously, he held a number of positions in corporate finance. He
worked for 11 years at Sperry Corporation, advancing to Vice President
and Treasurer and joined The Walt Disney Company in 1986 as Vice
President-Treasurer. In 1990, Mr. Forsgren was appointed Senior Vice
President and Chief Financial Officer of Euro-Disney, and, in 1995,
joined the Chase Manhattan Bank as Managing Director ' Corporate
Finance, serving the media and telecommunications industries. Mr.
Forsgren is a Trustee of the Georgetown University Library and on the
Board of Regents of the University. He also is active in a number of
environmental and historic-preservation groups in New England and has
served as Director of several fund-management organizations. Mr.
Forsgren was elected to the Board of Trustees of Northeast Utilities in
May 2000. In addition, since 1997 he has served as a Director of
NorthEast Optic Network, Inc., a fiber optic telecom carrier serving the
Northeast US and Circle Trust Company of Stamford, Connecticut, an
investment management company. Profile
TWST: Can we start out with a quick overview of Northeast Utilities?
Mr. Forsgren: We have continued to execute our strategy of transitioning