WESTBORO, Mass., Dec. 20, 2000 (BUSINESS WIRE)—National Grid U.S.A has announced that four members of its executive team will assume new responsibilities, effective January 1, 2001.

Michael E. Jesanis has been elected executive vice president of National Grid U.S.A; Cheryl A. LaFleur has been elected president of National Grid U.S.A’s electricity distribution companies — Massachusetts Electric Company, The Narragansett Electric Company, Granite State Electric Company, and Nantucket Electric Company; Lawrence J. Reilly has been elected senior vice president and general counsel for National Grid U.S.A; and John G. Cochrane has been elected vice president, chief financial officer, and treasurer of National Grid U.S.A.

“We are fortunate to have such a talented management team to support the company,” said Richard P. Sergel, president and chief executive officer, National Grid U.S.A. “I am confident that in their new roles they will lead our company in continuing to provide customers with a safe, reliable product at the lowest possible cost.”

Michael Jesanis, 44, assumes responsibility for distribution, transmission, and administrative services in his new position as executive vice president. He will continue to serve as a member of the National Grid U.S.A Board of Directors. Prior to this appointment, Jesanis served as a National Grid U.S.A senior vice president, and chief financial officer.

He had served in 1998-99 as senior vice president and chief financial officer of New England Electric System (NEES), the predecessor company to National Grid U.S.A. Jesanis served as NEES treasurer from 1992 through 1998. He is a trustee of Becker College in Worcester.

Cheryl A. LaFleur, 45, will continue as a National Grid U.S.A senior vice president and a member of the National Grid U.S.A Board of Directors. In her new role as president of Massachusetts Electric, Narragansett Electric, Granite State Electric, and Nantucket Electric, she will lead the company’s electric distribution business in Massachusetts, Rhode Island, New Hampshire and Nantucket, which includes overall responsibility for customer service, business and retail services, and operations. Previously, LaFleur served as senior vice president, general counsel, and secretary, with responsibility for the company’s legal activities, government affairs, and corporate communications.

LaFleur has also served as vice president of retail marketing, vice president and director of demand side management, and senior counsel to the NEES companies. She joined NEES in 1986 as an attorney after several years in private practice. LaFleur is a director of Girls Incorporated of Worcester and the New England Legal Foundation.

Lawrence J. Reilly, 44, will have responsibility for legal activities, corporate communications, federal affairs, and regulatory research. He will continue to serve as a senior vice president and on the National Grid U.S.A Board of Directors. Prior to his new appointment, Reilly served as president and chief executive officer of the company’s electricity distribution subsidiaries, a position he has held since 1996. Previously, Reilly had served as director of rates, vice president of NEES’ service subsidiary, and legal counsel to and secretary of The Narragansett Electric Company. Reilly joined NEES in 1982 as an attorney. He serves on several Boards in Massachusetts and Rhode Island including the Massachusetts Economic Council; the Massachusetts Technology Park Council; the Rhode Island Economic Policy Council; the Rhode Island Governor’s Growth Planning Council; the United Way of Massachusetts; and the United Way of Southeastern New England.

John Cochrane, 42, will serve as a vice president, chief financial officer, and treasurer. He will also serve on the National Grid U.S.A Board of Directors. Prior to this appointment, Cochrane was responsible for the company’s non-regulated businesses. He has served as vice president and treasurer of NEES, director of corporate finance for the NEES service subsidiary, and treasurer and assistant treasurer of other NEES subsidiaries. Previously, he served as assistant to the NEES president and chief executive officer. Cochrane joined the company in 1981.

National Grid U.S.A, headquartered in Westborough, Mass., is a wholly owned subsidiary of The National Grid Group plc, a global, U.K.-based company. National Grid U.S.’s core business is the transmission and distribution of electricity.