Enerwise Global Technologies Names J. Gregory Driscoll Chief Executive Officer
Former Philadelphia Gas Works Chairman Brings 35+ Years in Energy, Investment Banking Leadership
Kennett Square, PA — February 13, 2002 — Enerwise Global Technologies, a leader in enterprise energy management (EEM), announced today it has appointed J. Gregory Driscoll as President and Chief Executive Officer.
Driscoll, who has held a variety of executive leadership positions in the utility and investment banking industries, will head Enerwise's global operations as it continues to lead the way in the EEM market. Enerwise's products and services enable commercial and industrial enterprises to reduce cost and maximize efficiency by providing the technology needed to gain a thorough understanding of energy data as well as the managed services necessary to develop and implement energy management strategies.
"Greg brings an exceptional professional reputation and a wealth of energy, banking and management expertise that is vital to steering a company like Enerwise," said Scott Ungerer, director of Enertech Capital and Chairman of the Board of Enerwise. "We feel strongly that he is the right person to expand Enerwise's leadership position in this closely-watched space."
Driscoll joins Enerwise from Legg Mason Wood Walker, Inc. in Philadelphia, where he served as managing director of investment banking, overseeing a team of professionals dedicated to the energy and distribution industries. From 1997-2000, Driscoll held the position of chairman of the Board of Directors of Philadelphia Gas Works, assisting the public sector utility through the natural gas and electricity deregulation processes. Previously, he served as Chief Executive at one of the largest petroleum distribution companies in the Eastern U.S., where he developed and implemented a successful turnaround plan, building sales and streamlining its petroleum distribution business. Driscoll built an impressive body of expertise during more than 30 years with Sun Company, Inc., the Philadelphia manufacturer and marketer of petroleum products with over $10 billion in annual revenue from operations in North America, Asia and Latin America.
"I am thrilled to be a part of what I consider to be one of the most exciting energy technology companies in the world today," Driscoll said. "Using energy intelligently is becoming increasingly important, and Enerwise brings to the utility market important innovations that help organizations to reduce costs, increase efficiency and conserve energy."
Greg holds a Bachelor of Science in Chemical Engineering from Drexel University and participated in the Executive MBA program at the Wharton School of the University of Pennsylvania.
As a proven leader in Enterprise Energy Management, Enerwise Global Technologies enables commercial and industrial enterprises to reduce cost and maximize efficiency. Enerwise provides the products and services needed to gain a thorough understanding of energy data and the ability to utilize that information to develop and implement complete energy management strategies. From its headquarters in suburban Philadelphia, Enerwise provides energy intelligence and managed energy services for domestic and international C&I customers, including more than 100 of the Fortune 500 companies. The company's Web site is www.enerwise.com.