Hubbell Incorporated (NYSE: HUBB) has appointed Edward H. Baine as a Director of the company, bringing the total number of Directors to eleven, with ten being independent. Baine, currently the executive vice president-Utility Operations and president-Dominion Energy Virginia at Dominion Energy, has extensive expertise in the utility industry.
Dominion Energy, Inc. (“Dominion Energy”) (NYSE: D), where Baine is currently employed, provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. With Baine's experience and expertise, Hubbell aims to focus on serving customers with critical infrastructure solutions, enabling grid modernization and electrification, while driving operational excellence and delivering long-term value for shareholders.
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, with 2024 revenues of $5.6 billion. The company's corporate headquarters is located in Shelton, CT.
Baine's career at Dominion Energy spans over thirty years, during which he has held various engineering, operational, and senior management positions. He completed the advanced management program at Duke University’s Fuqua School of Business and is a registered professional engineer in Virginia. Baine also serves on the boards of various civic and business organizations. Today the company's shares have moved -3.32% to a price of $430.99. For more information, read the company's full 8-K submission here.
