FOR IMMEDIATE RELEASE
Contact: Tom Higgins
Pazian Named President/CEO of Edison
ROSEMEAD, Calif., April 2, 1997óEdison International today announced the appointment of Stephen E. Pazian as president and CEO of Edison Internationalís retail businesses. The appointment becomes effective May 1.
Pazian, 47, will oversee the operation of Edisonís family of new unregulated companies: Edison Source, Edison Select and Edison EV (Electric Vehicles).
In announcing the appointment, Edisonís Chairman and CEO John E. Bryson said, "Stephen Pazianís professional experience is outstanding. He is a seasoned executive in high-growth and highly competitive retail businesses. He understands the need to serve both customers and shareholders and will bring a central focus to our retail growth strategies."
Edison Internationalís three unregulated retail businesses were launched in 1996. They offer customers services and products beyond the electrical energy supplied traditionally by electric utilities.
Edison Source provides energy management services and pricing options to businesses in newly restructured energy and electricity markets in the United States. Edison Source piloted an innovative program in 1996, ADAPT, to help businesses make informed choices about the procurement of energy services.
Edison Select provides products and services for the consumer market. In March, under its Edison OnCall brand, Edison Select rolled out two new offerings: in-home computer repair and Internet access. An electrical repair service and a home security service were introduced in February. These home-related programs give consumers increased flexibility and superior products.
Edison EV distributes, installs and services electric vehicle charging equipment for residential, fleet and public markets. During the past year, Edison EV inaugurated a partnership with General Motors as the exclusive California and Arizona distributor of charging equipment for GMís revolutionary new EV1 electric vehicle. The company has made a similar arrangement with Honda, and is currently negotiating with other car manufacturers.
"Steve Pazian has an extraordinary record of achievement, having built and led successful, high-growth businesses in the telecommunications and home security industries," Bryson said. "In each of these enterprises, and in his earlier career at Xerox, he created talented employee teams, customer loyalty and shareholder value. We are very pleased that he sees great potential in our Edison retail businesses and has agreed to assume their leadership."
Before joining Edison, Pazian was most recently president of Ameritech Security Monitoring in Chicago, responsible for strategic management and development of Ameritechís security monitoring business unit. Ameritech entered the $13-billion industry in 1994 and is currently the second largest alarm services provider in the business.
Earlier, as president and CEO of BellSouth Corp.ís MobileComm, a paging and voice-messaging company in Jackson, Miss., Pazian helped complete the acquisition and grow the company as it tripled its revenues and dramatically improved its profitability.
Pazian was an executive vice president of Bell Atlantic Cellular in New Jersey. He was in charge of marketing, sales, business planning, MIS and network operations. With Xerox Corp., Pazian held a number of sales and marketing management positions.
Pazian earned a bachelor of science in Business Administration from Rochester Institute of Technology and an MBA from the University of Georgia. He is a director of Energy Connections, an Ameritech and Wisconsin Power joint venture, and Wireless On-Line, a Los Altos, Calif.-based wireless technology company, a director of Junior Achievement of Chicago, Inc., and a member of the Young Presidentís Organization.
As president and CEO of Edison Internationalís retail businesses, Pazian will report directly to Bryson. Reporting to Pazian will be Diane O. Wittenberg, president of Edison EV. Pazian also will carry the title of president of Edison Source and Edison Select.
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Copyright © 1997 Edison Enterprises
Edison Enterprises is not the same company as Southern California Edison, the utility, and is