Daniel Eichhorn Named President and COO of PSEG Long Island

David Daly to leave to become President PSE&G (NJ); Will take over as Chairman of the Board PSEG Long Island

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Jun 23, 2017, 07:31 ET

UNIONDALE, N.Y., June 23, 2017 /PRNewswire/ -- PSEG announced today that Daniel Eichhorn was named President and COO PSEG Long Island effective October 2, 2017. Eichhorn is currently Vice President – Customer Services of PSEG Long Island. Eichhorn succeeds David Daly, who was elected President and COO of PSE&G, New Jersey's oldest and largest gas and electric company. Daly has led PSEG Long Island since October 2013.

"I have enjoyed the last several years working with the men and women of PSEG Long Island, as we enhanced our customer service and invested in improving the reliability of the electric system," said Daly. "Leaving this job is made easier knowing that I am being replaced by Dan Eichhorn, who has the same strong commitment to providing safe, reliable and economical electricity to the residents and businesses on Long Island."

The company also announced today that as of October 2, 2017, Daly will assume the role as Chairman of the PSEG Long Island Board, replacing Ralph LaRossa who was elected President and COO of PSEG Power, the company's regional merchant generation company.

"I have had a great mentor in Dave Daly, and will continue to build on his efforts at making PSEG Long Island a valued member of the community," said Eichhorn. "I am honored to be asked to lead a tremendous organization of men and women who work tirelessly, every day, to meet or exceed the expectations of our Long Island customers."

Eichhorn joined PSEG Long Island in October 2013, charged with improving the utilities' customer satisfaction and overseeing the development of the new customer services organization. He also directs marketing and marketing strategy, customer contact, meter-to-cash functions, and solar and energy efficiency programs.

Prior to this position, Eichhorn spent 25 years with PSE&G in New Jersey and has a broad background in electric and gas operations, customer operations and the appliance service business. His responsibilities included assessing and implementing new customer technology, oversight of all call center operations and oversight of the company's 16 customer service centers. Eichhorn received a Bachelor of Science degree in Electrical Engineering and a Master of Business Administration in Finance from Drexel University.

Daly was named President and COO of PSEG Long Island in October 2013, and oversaw the transition to PSEG management of LIPA's electric system. Prior to this role, Daly served as Vice President-Asset Management and Centralized Services at PSE&G. Daly joined PSE&G in 1983 and held a variety of positions of increasing responsibility in utility operations and support services. He has an electrical engineering degree from the State University of New York Maritime College, and an MBA from Rutgers University.

PSEG Long Island operates the Long Island Power Authority's transmission and distribution system under a 12-year contract. PSEG Long Island is a subsidiary of Public Service Enterprise Group Incorporated (NYSE: PEG), a publicly traded diversified energy company with annual revenues of $9.1 billion.

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