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Jeff Sterba is Chairman, President and CEO of PNM Resources, the parent company of PNM, Texas-New Mexico Power, First Choice Power and Avistar.
Sterba first joined PNM in 1977. He left in 1998 to become Executive Vice President of USEC, a global energy company headquartered in Maryland, but returned to PNM as CEO in 2000. He is Chair of both Edison Electric Institute and Electric Power Research Institute. He is on the board of directors for the U.S. Chamber of Commerce and actively involved in New Mexico‘s community and economic development efforts.
In early 2007, PNM Resources joined with a subsidiary of Cascade Investment, LLC, the personal investment vehicle for Microsoft founder Bill Gates, to form an unregulated energy company that will focus on strategic growth opportunities in unregulated energy markets in Texas, the Southwest and elsewhere.
Education
Washington University, St. Louis, bachelor's in economics, Summa Cum Laude
Post-graduate work in economics, Washington University and University of New Mexico; accepted as Ph.D. candidate, University of Chicago
Community activities
Albuquerque Community Foundation, board of directors member
Kirtland Partnership Committee, board of directors member
Albuquerque Economic Forum, former chair
United Way of Central New Mexico, former campaign chair
Greater Albuquerque Chamber of Commerce, former chair
Middle Rio Grande Business Education Compact, former chair
Business career
PNM Resources and subsidiaries
Chairman, President & Chief Executive Officer
USEC
Executive Vice President
PNM
Executive Vice President & Chief Operating Officer
Senior Vice President Bulk Power Services
Senior Vice President Asset Restructuring
Senior Vice President Retail Electric & Water Services
Vice President Revenue Management
Professional affiliations
Edison Electric Institute, chair, board of directors and executive committee member
Electric Power Research Institute, chair
Business Environmental Leadership Council for the Pew Center on Global Climate Change, member
U.S. Chamber of Commerce, board of directors member
Wells Fargo of New Mexico, community board member
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