Former chairman and CEO of Edison International to lead BrightSource board
(OAKLAND, CA) September 21, 2010 – BrightSource Energy, Inc., developer of utility-scale solar thermal power plants, announced today that it has named John E. Bryson as Chairman of the company’s board of directors. Bryson, the former Chairman, President and CEO of Edison International, brings more than 25 years of experience in energy generation, transmission, distribution, infrastructure investment and the management of energy assets to his role at BrightSource.
“John has been at the forefront of environmental and energy issues throughout his career and has a truly global perspective on electric system operations and energy project development,” said John Woolard, president and CEO of BrightSource Energy. “We’re very pleased to add John as Chairman of our board of directors as we prepare for our next stage of domestic and international growth.”
Bryson’s appointment follows the tenure of BrightSource Energy Inc. founder Arnold Goldman as chair of the company’s board. Goldman will now serve as Chairman Emeritus of the board of directors and continue to lead key strategic initiatives.
“John brings an unmatched depth of utility and finance experience to the BrightSource board,” said Arnold Goldman, BrightSource Energy founder and Chairman Emeritus. “I look forward to working with John, the board and BrightSource’s team to continue building on the company’s leading position in the utility-scale solar sector.”
Bryson began his career in 1969 by co-founding the Natural Resources Defense Council, one of the nation’s leading environmental advocacy organizations. He served as chairman of the California State Water Resources Control Board from 1976 to 1978, and as president of the California Public Utilities Commission from 1979-1982. Under his leadership, the Commission de-coupled utility profits from rates, effectively incentivizing California utilities to promote energy conservation.
"Ever since John Bryson and I started NRDC together in 1970, he's brought his environmental values to business leadership in a powerful way. He’s a supremely fine and intelligent man." said John Adams, founder of the Natural Resources Defense Council.
Prior to joining Edison International in 1984 as senior vice president for legal and financial affairs, Bryson was a partner in the law firm of Morrison and Foerster. In 1990, Bryson was elected chairman, president and CEO of Edison International and served in that role until 2008. During the first eight years of his tenure leading the company, he also served as chairman and CEO of its largest subsidiary, Southern California Edison. During his time at Edison International, Bryson led the company’s global expansion in energy and infrastructure projects.
Bryson currently serves as a director of The Boeing Company, the Walt Disney Company, the W.M. Keck Foundation, The California Endowment and CODA Automotive. He is also a senior advisor to Kohlberg Kravis Roberts & Co. (KKR), a trustee of the California Institute of Technology and co-chair of the Pacific Council on International Policy. Bryson is a graduate of Stanford University and Yale Law School.
About BrightSource Energy, Inc.
BrightSource Energy, Inc. provides clean, reliable and low cost solar energy for utility and industrial companies worldwide. The BrightSource Energy team combines nearly three decades of experience designing, building and operating the world’s most efficient utility-scale solar energy plants with world-class project development capabilities. The company now has contracted to sell 2610 megawatts of power to be generated using its proprietary solar thermal technology. BrightSource Energy’s solar plants are designed to minimize their impact on the environment and help customers reduce their dependence on fossil fuels. Headquartered in Oakland, Calif., BrightSource Energy is a privately held company with operations in the United States, Israel, and Australia. To learn more about BrightSource Energy and solar thermal energy, visit www.brightsourceenergy.com.