The board of managers of Cleco Corporate Holdings LLC recently announced Kristin Guillory as the new president of Cleco Cajun LLC.
Guillory has been a part of the Cleco team for 15 years and most recently served as treasurer of Cleco Corporate Holdings LLC. She played a key role in working with the Louisiana Public Service Commission to finalize the $1.0 billion acquisition of NRG South Central Generating, a subsidiary of NRG Energy, Inc. She also worked to finance the Cleco Cajun acquisition in 2019 and the 2016 privatization of Cleco Corporation.
Before joining the corporate finance team at Cleco, she served as the director of financial analysis at Cleco Midstream, where she worked to monetize unregulated assets and long-term contracts.
“Kristin’s previous experience with Cleco’s unregulated business, as well as her close work with Cleco operations has prepared her for success in this new role,” Bill Fontenot, president and CEO of Cleco Corporate Holdings LLC, said. “On behalf of the board and our executive leadership team, we are confident that Kristin will not only ensure we uphold the financial integrity of Cleco Cajun, but also strengthen the business.”
Guillory earned a bachelor’s degree in accounting and finance from the University of Louisiana – Lafayette. She also holds designations of Chartered Financial Analyst and Louisiana CPA. Additionally, Guillory serves as Chairman of the Board for Fire District 18 in Lecompte, La.
“I am excited for the opportunity to once again work in the unregulated utility business,” Guillory said. “More importantly, as a native Louisianan, I look forward to building relationships with our Louisiana cooperative customers and supporting them with economic development and growth opportunities across our state.”
Guillory will assume her new role effective immediately.
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