New CEO Named At Summit Energy

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Summit Energy's President, Steve Wilhite, was named President and Chief Executive Officer of Summit Energy.

Summit Energy's President, Steve Wilhite, was named President and Chief Executive Officer of Summit Energy, succeeding Jim Headlee who will continue as the company's Chairman of the Board.

Wilhite, a six-year employee of Summit Energy, has served as the company's President since 2002. "I continue to be excited about the future at Summit. Our people, services and clients are all world-class, and I am honored to be a part of this team. I look forward to ongoing growth at Summit as we continue providing industry leading energy management services to companies around the world."

"It gives me great personal pleasure to see this company led by such a capable and honorable man," says Headlee, who founded Summit Energy in 1991, and has served as President and CEO since that time. "One of the things I am humbled by is how capable our people are. We have some of the most talented and trustworthy people I know involved in our company. I believe that the leadership Steve has already exhibited will continue into the future."

When Mr. Wilhite came to Summit Energy in 2001, he served as the company's executive vice president. Before joining Summit Energy, Wilhite provided energy-consulting services to several Fortune 500 companies. Prior to that, he served as Vice President of Marketing and Operations for FPL Energy Services, Vice President of Marketing for Duke-Louis Dreyfus and Manager of Energy for International Paper.

Wilhite received his MBA from Duke's Fuqua Business School and a bachelor's degree in Mathematics from Wheaton College.

As Chairman of the Board, Headlee will continue to be involved in the business and accessible to clients, as well as help to oversee Summit Energy's strategic agenda. "I continue to be active here, particularly as it relates to our global growth plans," says Headlee.

About Summit Energy

Summit Energy is a pioneering provider of energy management services for business and industry. Summit manages more than 9,000 industrial and commercial sites, with a combined annual energy spend of more than $12 billion, for clients in industries ranging from aerospace and automotive to government, chemical, food manufacturing, pharmaceuticals, healthcare and others. Its growing staff of more than 230 energy professionals is headquartered in Louisville, Kentucky, with additional offices in Texas, Illinois, Belgium, Italy, France, Germany and The Netherlands. Summit serves clients in all 50 U.S. states, Canada, Mexico, Puerto Rico, Singapore and Europe.

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