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Kailbourne named vice chairman of NYISO board

Rochester Business Journal
April 21, 2014

Mendon resident and retired banker Erland Kailbourne has been named vice chairman on the New York Independent System Operator board of directors.

Kailbourne, a bank executive for 37 years at Fleet Financial Corp. before retiring in 1998, has been on the NYISO board since 1999. He replaces Michael Bemis, who moved from vice chairman to chairman of the board.

The board is comprised of 10 members with backgrounds in the electric industry, finance, information technology, public service and law, representatives said in announcing the changes last week. They are required to be independent and unaffiliated with market participants, representatives said.

Kailbourne is board chairman at Albany International Inc. and a board member at Financial Institutions Inc., the Warsaw, Wyoming County-based parent of Five Star Bank.

(c) 2014 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


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