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People -- Edison International

May 31, 2016
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Rosemead, CA-based Edison International (EI) CEO Ted Craver will retire Sept. 30, and the current head of its Southern California Edison Co. (SCE), Pedro Pizarro, will succeed him as CEO. EI independent director William Sullivan will become a non-executive chairman. In the interim, Pizarro will be president and a board member of EI, replacing Craver in the president's role ahead of his retirement. A senior vice president at SCE, Kevin Payne, becomes president of the utility on Wednesday, replacing Pizarro. In addition, EI CFO Jim Scilacci will retire Sept. 30, replaced at that time as senior vice president and CFO by Maria Rigatti, the current SCE CFO. Current SCE Vice President and Treasurer William Petmecky will succeed Rigatti as the utility CFO at that time.

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