Tenaska Inc. co-founder Howard Hawks said he will retire from his role as CEO effective July 1 but will remain chairman of the company and of two affiliated private equity investment companies developed by Tenaska — Tenaska Power Fund LP (TPF I) and TPF II. When Hawks steps down, current Tenaska CFO Jerry Crouse will become CEO and vice chairman with responsibility for holding company assets and activities, and Paul Smith will become vice chairman in addition to his current role as CEO of affiliate Tenaska Capital Management LLC (TCM). Smith is a co-founder of TCM and manager of the TPF I and TPF II private equity funds. Current Tenaska finance vice president and treasurer Greg Van Dyke will be promoted to CFO and treasurer, while current vice president and controller Tim Kudron will become senior vice president and corporate controller. Under Hawks’ leadership since its inception in 1987, Omaha, NE-based Tenaska has developed about 9,000 MW of power generation and currently manages and operates eight power plants totaling 6,700 MW that it owns in partnership with other companies. Tenaska affiliates are involved in natural gas, electricity and biofuels marketing, as well as private equity funds, gas exploration and production and investments in renewable energy.

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