Tenaska Marketing Ventures Broadens Management Team

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Jan 03, 2019, 10:41 ET

OMAHA, Neb., Jan. 3, 2019 /PRNewswire/ -- Fred Hunzeker, CEO of Tenaska Marketing Group, today announced organizational changes for leading natural gas marketer Tenaska Marketing Ventures (TMV). Effective April 1, 2019, Mark Whitt will become president of TMV, reporting to Hunzeker. Lori Bruck will become chief marketing officer and will report to Whitt. John Obermiller, chief financial officer, will remain a part of the executive management team.

"Mark and Lori have served in a number of key leadership roles within Tenaska and other energy companies," said Hunzeker. "I have no doubt that their exceptional leadership skills and experience will guide the company to continued success well into the future."

Whitt, currently executive vice president trading and marketing for TMV's West region, joined the company in 2002 and opened the Denver, Colorado, regional office. Whitt has 30 years of industry experience. Prior to joining Tenaska, he held various marketing, business development and trading positions with Enron, Western Gas Resources and Tennessee Gas Pipeline. He is a graduate of Texas Lutheran University, where he earned a Bachelor of Arts in marketing, and Texas A&M University, where he earned a Master of Business Administration degree.

Bruck, currently executive vice president marketing in TMV's North region, joined Tenaska in 2000. Bruck has more than 30 years of experience in the natural gas industry and has held various trading and marketing roles with Northern Border Pipeline, TransCanada Energy Marketing, Pan-Alberta and Cibola Energy Services. She is a graduate of Creighton University, where she earned a Bachelor of Arts in organizational communication, and the University of Nebraska at Omaha, where she earned a Master of Business Administration degree.

"We are fortunate to have an experienced group of employees who are ready to step into expanded roles," Hunzeker said. "These management changes ensure Tenaska Marketing Ventures remains well-positioned to meet customer needs for many years to come."

TMV is the natural gas marketing affiliate of Tenaska, one of the largest private, independent energy companies in the United States. TMV is consistently ranked by Platts Gas Daily among the top five natural gas marketers in North America, with 10.5 billion cubic feet per day of natural gas sold or managed in 2018, a volume equal to 10 percent of total U.S./Canadian natural gas consumption. CapacityCenter.com continues to rank TMV among the very largest capacity release traders in the United States. TMV is consistently top-rated by its customers in the annual Mastio & Company Natural Gas Marketer Customer Value / Loyalty Benchmarking Study.

About Tenaska Marketing Ventures
Tenaska Marketing Ventures / Tenaska Marketing Canada (TMV) is an affiliate of Omaha, Nebraska-based energy company Tenaska. TMV offers tailored solutions to meet wholesale customers' needs for natural gas buying and selling, price hedging, asset management and supply and demand volume swing management. TMV is among the top five largest natural gas marketers in North America and is the top-ranked natural gas pipeline capacity trader. During 2018, TMV sold or managed more than 10.5 billion cubic feet (Bcf) of natural gas per day.

About Tenaska
Tenaska, based in Omaha, Nebraska, is one of the leading independent energy companies in the United States. Forbes magazine consistently ranks Tenaska among the 50 largest private U.S. companies. Gross operating revenues were approximately $10.5 billion in 2017.

Tenaska has developed more than 10,000 megawatts (MW) of natural gas-fueled and renewable power projects. Tenaska and its affiliates have managed the acquisition of approximately 10,750 MW of energy assets. The current Tenaska operating fleet includes 11 natural gas-fueled and renewable power plants able to generate approximately 8,000 MW combined.

Affiliate Tenaska Power Services Co. is a leading provider of energy management services to generation and demand-side customers in the U.S., with more third party-owned generation under management than any other provider.

For more information, visit www.tenaska.com.

SOURCE Tenaska