- Associated Press - Wednesday, June 14, 2017

ALBUQUERQUE, N.M. (AP) - A national association that represents investor-owned electric companies has elected its first woman to serve as chairman of the board.

The Edison Electric Institute announced the election of Pat Vincent-Collawn on Tuesday during its annual convention in Boston. Vincent-Collawn is the president and CEO of PNM Resources, the parent company that oversees New Mexico’s largest electric utility.

Institute President Tom Kuhn said in a statement that Vincent-Collawn will be a terrific leader during what he called a time of profound transformation.

The New Mexico utility is among those facing changes as it moves to divest itself from more coal-fired generation over the next decade.

Before joining PNM in 2007, Vincent-Collawn served as president and CEO of Public Service Co. of Colorado, a subsidiary of Xcel Energy. She also worked at Arizona Public Service.

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