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New
Release -- Superconductor Week does not edit or endorse the following
news release:
American Superconductor
Appoints Terry Winter to Post of Chief Operating Officer
Westborough, Mass., July 28:
American Superconductor Corporation (NASDAQ:AMSC),
a leading electricity solutions company, today announced that Terry Winter,
currently executive vice president of Advanced Grid Solutions, has been
appointed by the Board of Directors to the position of chief operating officer,
effective immediately. In his newly appointed position, Mr. Winter will have
primary responsibility for overseeing the day-to-day management of the Company's
AMSC Wires, SuperMachines and Power Electronic Systems business units; general
managers for each of these units will report to him.
Mr. Winter joined the
company in 2004 in the newly created position of Executive Vice President,
Advanced Grid Solutions, to help accelerate the adoption of advanced reactive
power compensation solutions in transmission grids. AMSC's Advanced Grid
Solutions team provides a common interface for electric utilities and
transmission grid operators with the Company's current and future grid
solutions.
"We are fortunate to have
someone of Terry Winter's caliber and stature in the position of chief operating
officer, particularly as the new Energy Bill becomes reality," said Greg Yurek,
president and chief executive officer of AMSC. "Terry will help ensure that our
operations continue to move forward smoothly and effectively as we deliver on
all of our key business objectives."
Mr. Winter was most recently
president and CEO of the California Independent System Operator (ISO), a
position he assumed in 1999. The California ISO operates that state's wholesale
power grid, and is responsible for a transmission superhighway connecting energy
suppliers extending from Mexico to British Columbia for utilities serving more
than 30 million Californians. Mr. Winter also served as California ISO's chief
operating officer from 1997 to 1999. He oversaw operations and the integration
of the transmission systems of Southern California Edison, Pacific Gas &
Electric, and San Diego Gas & Electric when the California ISO assumed control
of the state's open market transmission grid in 1998.
Mr. Winter is a member of
the board of Trans-Elect, North America's first independent transmission
company, and the Consortium for Electric Reliability Technology Solutions (CERTS)
and was a member of the North American Electric Reliability Council analysis
team that reviewed the August 16th 2003 blackout, and provided technical
recommendations for transmission grid and operating procedure improvements.
Previously, he was the
Division Manager of San Diego Gas & Electric's power operations. His 21-year
career with SDG&E focused on power operations, transmission engineering and
project management. Leading up to his tenure with SDG&E he worked in electrical
transmission and distribution engineering for Arizona's Salt River Project for
10 years.
"I joined American
Superconductor in 2004 to be part of a group of innovative, bright people, who I
believed had developed terrific solutions for the nation's increasing grid
reliability problems," said Mr. Winter. "Now that I have seen the products and
company on a first-hand basis, I am more convinced than ever that they have the
'right stuff', not just for electricity transmission and distribution, but also
for a host of other product applications such as transportation, medical and
industrial processing applications, including dynamic reactive power grid
stabilization solutions, large ship propulsion motors and generators, smart,
controllable, superconductor power cables and advanced defense systems. I am
looking forward to helping deliver this important technology to market."
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