Did you know?
You can lower your cooling bill 2 percent by raising your thermostat one degree in the summer? Lower it a degree during the winter and save three percent.
Board of Managers
Peggy Scott, Chair
Ms. Scott currently serves as the Chair of the Boards. She served as Chairperson and Interim CEO of Cleco Corporate Holdings LLC from February 2017 to December 2017. She also serves on Cleco’s Audit Committee and Governance & Public Affairs Committee.
Presently, Ms. Scott advises diverse industries, including healthcare and technology. She became a member of the Boards in 2016.
Previously, Ms. Scott served as the Executive Vice President, Chief Operating Officer and Chief Financial Officer of Blue Cross Blue Shield of Louisiana (“BCBS”) and as Chief Strategy Officer. Prior to BCBS, Ms. Scott was an office Managing Partner with Deloitte and held executive positions in United States and International companies where she led transformations, growth strategies and operations in eight foreign countries.
Ms. Scott was named one of the ten Outstanding Young Women of America, featured in the Wall Street Journal as National Financial Executive of the year, and inducted into the American Institute of CPAs’ Hall of Fame. She is in the Louisiana State University Alumni Hall of Distinction, named a Tulane Outstanding Alumnus and holds a Ronald Reagan presidential citation.
Ms. Scott is a Certified Public Accountant and certified in Valuations/Forensics. She holds a Master of Business Administration degree from Tulane University and received her Bachelor of Science degree in accounting from Louisiana State University.
Andrew Chapman became a member of the Cleco Board of Managers in 2016. He is the chair of the Business Planning & Budget Review Committee and is a member of the Leadership Development & Compensation Committee, the Governance & Public Affairs Committee, the Audit Committee and the Asset Management Committee.
Chapman is head of Asset Management for MIP I, II and III at Macquarie Infrastructure and Real Assets (MIRA) and serves as Asset Director for utility companies Puget Energy and Aquarion Water Company. He also serves on the Board of Directors for Puget Energy and is Chairman of the Board for Aquarion.
Prior to joining MIRA in 2006, Chapman held executive positions with Elizabethtown Water Company, E-town Corporation, American Water Works and the State of New Jersey.
Chapman holds a bachelor’s degree from the University of California at Berkley and master’s of business administration degree from the Yale School of Management.
William "Bill" Fontenot
Bill Fontenot is president and chief executive officer of Cleco Corporate Holdings LLC, a regional energy holding company that conducts its business operations through its subsidiaries, Cleco Power LLC and Cleco Cajun LLC.
Fontenot assumed his current leadership role in January 2018. He began his career with Cleco in April 1986, holding numerous executive leadership positions with increasing responsibilities, including chief executive officer of Cleco Power from February 2017 to January 2018, chief operating officer of Cleco Power from April 2016 to February 2017 and senior vice president of utility operations for Cleco Power from March 2012 to April 2016.
During his thirty plus years in the energy industry, he has worked in various commercial and operations roles in the regulated and unregulated utility business, including startup development of the company’s independent merchant power business and its associated restructuring efforts. He also led the development and construction of Cleco Power’s $1.0 billion power plant, Madison Unit 3. As chief operating officer of Cleco Power, he managed the utility’s generation, transmission and distribution operations and investments.
Fontenot holds a bachelor’s degree in electrical engineering from Louisiana State University at Baton Rouge.
Paraskevas “Paris” Fronimos
Paraskevas “Paris” Fronimos became a member of the Cleco Board of Managers in July 2019 and is a member of the Asset Management Committee and Business Planning and Budget Review Committee.
Fronimos is a Senior Principal in the Infrastructure & Renewable Resources Department at British Columbia Investment Management Corporation (BCI), where he is responsible for executing and managing infrastructure investments, primarily in the energy and utilities sectors in the Americas. He also serves as the Director of Tribus Services Inc., a utility services company in the United States, and an Alternate Director of NTS, a Brazilian natural gas pipeline company, and Isagen, a Colombian power producer.
Prior to BCI, Paris worked for a number of electric utilities and independent power producers across Canada.
Fronimos has over 15 years of experience in the energy and electric utility industry having worked on environmental and energy policy, greenfield energy project development, fleet and fuel supply optimization, commodity pricing and hedging.
Fronimos is an Energy Risk Professional (ERP®) certified by the Global Association of Risk Professionals. He holds a bachelor’s degree in mineral resources engineering from the Technical University of Crete in Greece and a master’s of business administration degree from the University of Alberta in Canada with a concentration in natural resources and energy.
Richard "Rick" Gallot, Jr.
Mr. Gallot is the President of Grambling State University. He became a member of the Boards in 2016. Mr. Gallot is a member of the Leadership Development & Compensation Committee and the Governance & Public Affairs Committee. Mr. Gallot recently served as a Louisiana state senator for District 29, where he held the position of Vice-chair of the Commerce Committee and was a member of the Agriculture, Forestry, Aquaculture, and Rural Development Committee and the Revenue and Fiscal Affairs Committee. He previously served as a member of the Louisiana House of Representatives for District 11, where he served as Chair of the House and Governmental Affairs Committee and was a member of the Executive Committee.
Mr. Gallot obtained his Bachelor of Arts degree from Grambling State University and earned his J.D. degree from Southern University Law Center.
David "Randy" Gilchrist
Mr. Gilchrist is the President & CEO of Gilchrist Construction Company (“GCC”), a central Louisiana-based infrastructure contractor specializing in road and bridge construction. He became a member of the Boards in 2016. Mr. Gilchrist is a member of the Asset Management Committee and the Audit Committee.
Under Mr. Gilchrist’s leadership, GCC has grown since 1985 from a small site work contractor to one of Louisiana’s leading highway contractors. Mr. Gilchrist has served as President of Associated General Contractors, Chair of Driving Louisiana Forward, Chair of the Central Louisiana Chamber of Commerce, and Vice Chair of Central Louisiana Economic Development Alliance. He has also served on the boards of The Rapides Foundation and Rapides Healthcare System.
Gerald "Jerry" Hanrahan
Jerry Hanrahan was appointed to Cleco’s Boards of Managers by John Hancock Financial (John Hancock) in May 2018 and serves as the Chair of the Asset Management Committee.
Hanrahan serves as a senior advisor to John Hancock’s Power and Infrastructure Team overseeing transactions in public utility, independent power projects and infrastructure financing areas and manages an asset portfolio spanning over 300 individual investments.
Prior roles at John Hancock include director, managing director and team leader vice president from 2011 through 2016.
Previous experience includes work in the structured finance and financial advisory divisions of Bank of Tokyo Capital Corporation in Boston, as well as the Boston and London offices of power company, InterGen, where he coordinated financing activities on power projects valued at $2.7 billion.
Hanrahan holds a bachelor’s degree from Northeastern University and master’s of business administration degree from Babson College.
Mr. Leslie is Executive Chairman of Macquarie Infrastructure & Real Assets (“MIRA”) Americas. Prior to assuming that role in July 2016, Mr. Leslie was CEO of Macquarie Infrastructure Partners, Inc., the manager of MIRA’s United States-based private infrastructure funds, Macquarie Infrastructure Partners (“MIP”) I, II, and III which collectively manage more than $7.0 billion in United States and Canadian infrastructure investments. Mr. Leslie become a member of the Boards of Cleco Group, Cleco Corporate Holdings LLC, and Cleco Power LLC (collectively, the “Boards”) in 2016. He is the Chair of the Leadership Development & Compensation Committee.
Mr. Leslie joined Macquarie in 1992 in Australia. He has been instrumental in expanding Macquarie’s infrastructure business globally, having launched Macquarie’s offices in Southeast Asia, India, and North America.
Mr. Leslie holds a Bachelor in Commerce degree from the University of Melbourne.
Jon Perry became a member of the Cleco Board of Managers in 2018 and is the Chair of the Audit Committee.
Perry is a Senior Principal in the Infrastructure & Renewable Resources Department at British Columbia Investment Management Corporation (BCI), where he is responsible for sourcing, executing and managing infrastructure investments.
Perry serves on the board of Noverco Inc., an investment holding company, which distributes natural gas through its subsidiaries. Noverco also offers power generation, gas storage and marketing services.
Perry has over 10 years of experience in the utility and energy sectors. Prior to BCI, was Manager of Mergers and Acquisitions at TransAlta, a leading Canadian independent power producer, and Manager of Regulatory and Financial Reporting at FortisAlberta, a regulated distribution utility. He also has held financial and investor relations positions in Canadian junior and mid-cap oil and gas companies.
Perry holds a bachelor’s degree in medical laboratory sciences from the University of British Columbia. He also is a Chartered Accountant in the Province of Alberta and a Chartered Financial Analyst charter holder.
Aaron Rubin was appointed to Cleco’s Boards of Managers by Macquarie Infrastructure Partners III, L.P. (Macquarie) in May 2018 and serves on the Business Planning and Budget Review Committee.
Rubin joined Maquarie Infrastructure Real Assets (MIRA) in 2008 where he was responsible for deal origination and execution, as well as asset management of portfolio companies. He is currently a director of Lordstown Energy Center, a 940MW gas fired power plant construction project in Ohio.
Rubin also has served as the CEO of the Moscow-based Macquarie Russia & CIS Infrastructure Fund, serves on the board of Brunswick Rail and has been a director of several MIRA portfolio companies in the energy, transportation and communications sectors.
Prior to joining Macquarie, Aaron was a Vice President in JPMorgan's North American mergers & acquisitions team.
He holds a Bachelor of Commerce and a Bachelor of Laws degree from the University of Queensland.
Steve Turner became a member of the Cleco Board of Managers in 2016. He is the Chair of the Governance & Public Affairs Committee and is a member of the Business Planning & Budget Review Committee and Leadership Development & Compensation Committee.
Turner is a Portfolio Manager in the Infrastructure & Renewable Resources Department at British Columbia Investment Management Corporation (BCI), where he is responsible for sourcing, executing and managing infrastructure investments.
Turner serves on the board of Corix Infrastructure Inc., a waste/wastewater and utility products company based in Vancouver, British Columbia. He also is a past director of Macquarie Utilities Inc. and Aquarion Water Company, the parent companies to a suite of New England-based water utilities.
Turner has over 10 years of experience in equity capital markets. Prior to joining BCI, he was an Associate with Ventures West Management, a leading Canadian venture capital firm, and an Associate Equity Analyst with Raymond James Ltd., a full service brokerage firm.
He holds a bachelor’s degree in Environmental Engineering from Montana Tech at the University of Montana and a master’s of business administration degree from the University of Victoria. Turner also is a registered Professional Engineer in the Province of British Columbia and a Chartered Financial Analyst charter holder.
Mr. Wainer is the CEO of Wainer Enterprises, a family-owned commercial development company on Louisiana’s Northshore and in New Orleans. He became a member of the Boards in 2016. Mr. Wainer is a member of the Business Planning & Budget Review Committee and the Governance & Public Affairs Committee. He is the developer of some of the most successful commercial developments in the New Orleans area and chairman of the Northshore Business Council. His business affiliations include serving as a partner of Wainer Brothers, All State Financial Company and Circle West Trailer Park Company; president of Quality Properties, Inc., Regent Lands, Inc., Flowers, Inc., Upside Down Cajun Brands, Inc., Louisiana Properties, Inc., Tamco, Inc., Riverhill, Inc., Metro Credit Services, Inc. and Pan American Investors, Inc., and manager of Advance Mortgage Company, LLC.