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Westinghouse Appoints Danny Roderick President and CEO

PITTSBURGH – Sept. 26, 2012 – Westinghouse Electric Company announced today that it has appointed Danny Roderick to the position of president and chief executive officer, effective immediately.  He succeeds Shigenori Shiga, who had served as interim president and CEO since April.  Mr. Shiga will retain his role as chairman of the Westinghouse board of directors.

Mr. Roderick most recently served as Senior Vice President, Nuclear Plant Projects, for GE-Hitachi Nuclear Energy.  Prior to that, he served in a variety of increasingly responsible positions with Progress Energy Florida and Progress Energy Carolinas. Before joining Progress, he spent 13 years in plant operations and engineering with Entergy Nuclear.

In commenting on the selection of Mr. Roderick, Mr. Shiga said:  “Danny brings a broad range of global nuclear energy experience to Westinghouse.  He has served in virtually all areas of the business, including new plants, and he also has significant operating plant experience.  His experience and management style will complement well the broad range of expertise and capability already on board here at Westinghouse.”

Mr. Roderick stated: “I am honored to be chosen to lead Westinghouse during this exciting time,” he said.  “We have a solid foundation on which to build, and I am optimistic about the future.  Westinghouse is clearly the recognized industry pioneer and technology leader, and I pledge that we will continue to make the investments in customer service and technology and product development that will enable us to maintain our global leadership position.”

Ric Pérez, president and chief operating officer, will continue in that position and he will work closely with Mr. Roderick to ensure continued operational success. 

Westinghouse Electric Company, a group company of Toshiba Corporation (TKY:6502), is the world's pioneering nuclear energy company and is a leading supplier of nuclear plant products and technologies to utilities throughout the world.  Westinghouse supplied the world's first pressurized water reactor in 1957 in Shippingport, Pa.  Today, Westinghouse technology is the basis for approximately one-half of the world's operating nuclear plants.

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Westinghouse Electric Company
 
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