The Salt River Project’s elected leaders have selected Jim Pratt as the utility’s new CEO and General Manager and selected him from among the management to succeed Mike Hummel, who is retiring.
The general manager and CEO of a public water and power company is responsible for the day-to-day operations of a utility that employs more than 5,000 people. Other leadership positions include the president, vice president, and board of directors, elected by those who set policy and own land in the SRP’s territory.
When utilities take action, such as rate increases, management submits those decisions to an elected board for voting.
Pratt, whose appointment was announced Thursday and will assume his new role on May 5, has more than 38 years of experience. In 1984, he joined SRP as a Junior Engineer and became Associate General Manager in 2018, overseeing the team that interacts with power and water customers.
“I am honored to be selected as the SRP leader,” Pratt said in a prepared statement. “This is a role steeped in history that has helped us make a significant impact in our state and the communities we serve. We look forward to building a strong foundation for a company of dedicated services as we evolve to serve the future needs of our community.”
Pratt, 61, earned a degree in mechanical engineering from Montana State University.
The Board of Directors determines Pratt’s salary. Hummel earned about $1.2 million a year.
Hummel became General Manager and CEO in 2018 and has been with SRP for over 40 years. These include projects where, as deputy general manager, he led the decision-making process for the closure of a coal-fired power plant at the Navajo Power Plant near Page.
“I have worked with Jim Pratt for 35 years and am confident he will be an outstanding GM and CEO,” Hummel said in a prepared statement. “He is an accomplished leader who works tirelessly to inspire others, encourage innovation and support his customers.”
Please contact reporter Ryan Randazzo at firstname.lastname@example.org or 602-444-4331. follow him on twitter @utility reporter.
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