Monday, September 10, 2007

Management Promotions at Nexant

Nexant, Inc. (www.nexant.com) announced today that Thierry Godart and Doug Welsh have joined its Software and Information Systems business unit as Vice President of Sales and Marketing and Vice President of Energy Market and Power System Services, respectively. The Company's products and services help clients solve critical strategic and operational challenges in the areas of electric power; retail and wholesale power markets; enterprise risk management; energy technology; energy management; chemicals and petrochemicals; and oil and gas. The company is headquartered in San Francisco, CA.

Dr. Godart has over 20 years of experience in engineering management, consultative selling, business development, and strategic marketing. He will be responsible for global business development, sales, and marketing of Nexant’s advanced software tools, systems, and related consulting services for the electric power industry. He joins the company from AREVA T&D Automation, where he was worldwide systems marketing director. Previously, Godart served as director of energy information systems and metering systems for ABB and he started his career at GE Power Systems as a consulting engineer. He holds a Ph.D. in electrical engineering (power systems and computer sciences) from Georgia Institute of Technology and is a graduate of l’École Supérieure d’Électricité (France).

Mr. Welsh has 14 years of experience in the energy industry, and will be responsible for developing and managing consulting services for Nexant’s electricity market and transmission clients. He joins Nexant from GE’s Energy Consulting group where he was manager of software products responsible for production simulation, generation reliability, powerflow, and dynamic simulation applications. He also performed numerous economic analyses on power generation and natural gas opportunities. Prior to GE, he was a software product manager and analytical engineer for Power Technologies, Inc. Welsh holds an M.B.A. from Rensselaer Polytechnic Institute and an M.S. in electrical engineering from Iowa State University.

“We are very excited to have both Thierry Godart and Doug Welsh join us at this time,” said Dr. Ongun Alsaç, Senior Vice President of Software and Information Systems. “Thierry’s extensive software marketing experience will greatly strengthen our sales efforts for our integrated system and market software products, including HEDGE®, i-HEDGETM, SCOPE®, COMET®, and PRYM®, while Doug will simultaneously be expanding our consulting services to electricity market participants and transmission system clients. As the leading developer of electric power software applications and related consulting services, we are confident that Thierry and Doug will make significant contributions to our continued growth and success.”