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Sandra J. Price Named to Great Plains Energy Board of Directors

May 5, 2016 5:12 PM EDT

KANSAS CITY, Mo.--(BUSINESS WIRE)-- Great Plains Energy (NYSE: GXP) announced today that its board of directors appointed Sandra J. Price, Senior Vice President, Human Resources for Sprint Corporation, to the board of directors of Great Plains Energy, effective May 4, 2016.

"We are very pleased to welcome Sandy to our board of directors," said Terry Bassham, chairman and chief executive officer. "The insights we will gain from her strong employee and community experience will be an invaluable benefit to our company."

Prior to her current role at Sprint, Price served as senior vice president designee for the human resources, communications and brand management functions of the Sprint Local Telephone Division as the organization prepared for its divestiture from Sprint in 2006 and subsequently became EMBARQ (now CenturyLink). Price joined Sprint in 1993, serving a variety of human resources roles. Before coming to Sprint, she was a principal in the Blue Valley School District (Overland Park, Ks.) and the Jenks Public Schools District (Tulsa, Ok.).

"I am very honored to be appointed to the board of directors," Price said. "I believe my senior executive experience during a transformational time in the telecommunications industry and my commitment to our community will benefit Great Plains Energy as the leadership team continues to position the company for growth in today's changing energy industry."

Price earned a Bachelor of Arts degree in special education from Oral Roberts University, a Master of Arts in learning disabilities and school administration from University of Tulsa, and completed doctoral coursework in policy and administration at the University of Kansas.

An active professional and personal mentor, Price is also a board member of the Overland Park Chamber of Commerce and member of the United Way of Greater Kansas City Board of Trustees. She serves as co-chair of the human capital work group for KC Rising, a strategic initiative to fully realize the Kansas City region’s potential in trade, ideas and people. Price served as the Kansas City Chairperson for the 2015 Go Red for Women campaign, benefitting the American Heart Association.

In 2012, Price was named to the Kansas City Business Journal’s “Women Who Mean Business” list for her professional accomplishments, contributions and her efforts to improve the business climate for women. She was also named to the Profiles in Diversity Journal’s, “Women Worth Watching.” She has served as president of the Johnson County Community College Foundation and has held board positions for the Kansas City Chapter of the American Red Cross and the Volunteer Center of Johnson County, Kansas.

About Great Plains Energy:

Headquartered in Kansas City, Mo., Great Plains Energy Incorporated (NYSE: GXP) is the holding company of Kansas City Power & Light Company and KCP&L Greater Missouri Operations Company, two of the leading regulated providers of electricity in the Midwest. Kansas City Power & Light Company and KCP&L Greater Missouri Operations Company use KCP&L as a brand name. More information about the companies is available on the Internet at: www.greatplainsenergy.com or www.kcpl.com.

Forward-Looking Statements:

Statements made in this release that are not based on historical facts are forward-looking, may involve risks and uncertainties, and are intended to be as of the date when made. Forward-looking statements include, but are not limited to, the outcome of regulatory proceedings, cost estimates of capital projects and other matters affecting future operations. In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Great Plains Energy and KCP&L are providing a number of important factors that could cause actual results to differ materially from the provided forward-looking information. These important factors include: future economic conditions in regional, national and international markets and their effects on sales, prices and costs; prices and availability of electricity in regional and national wholesale markets; market perception of the energy industry, Great Plains Energy and KCP&L changes in business strategy, operations or development plans; the outcome of contract negotiations for goods and services; effects of current or proposed state and federal legislative and regulatory actions or developments, including, but not limited to, deregulation, re-regulation and restructuring of the electric utility industry; decisions of regulators regarding rates the Companies can charge for electricity; adverse changes in applicable laws, regulations, rules, principles or practices governing tax, accounting and environmental matters including, but not limited to, air and water quality; financial market conditions and performance including, but not limited to, changes in interest rates and credit spreads and in availability and cost of capital and the effects on nuclear decommissioning trust and pension plan assets and costs; impairments of long-lived assets or goodwill; credit ratings; inflation rates; effectiveness of risk management policies and procedures and the ability of counterparties to satisfy their contractual commitments; impact of terrorist acts, including but not limited to cyber terrorism; ability to carry out marketing and sales plans; weather conditions including, but not limited to, weather-related damage and their effects on sales, prices and costs; cost, availability, quality and deliverability of fuel; the inherent uncertainties in estimating the effects of weather, economic conditions and other factors on customer consumption and financial results; ability to achieve generation goals and the occurrence and duration of planned and unplanned generation outages; delays in the anticipated in-service dates and cost increases of generation, transmission, distribution or other projects; Great Plains Energy’s ability to successfully manage transmission joint venture; the inherent risks associated with the ownership and operation of a nuclear facility including, but not limited to, environmental, health, safety, regulatory and financial risks; workforce risks, including, but not limited to, increased costs of retirement, health care and other benefits; and other risks and uncertainties.

This list of factors is not all-inclusive because it is not possible to predict all factors. Other risk factors are detailed from time to time in Great Plains Energy’s and KCP&L’s quarterly reports on Form 10-Q and annual report on Form 10-K filed with the Securities and Exchange Commission. Each forward-looking statement speaks only as of the date of the particular statement. Great Plains Energy and KCP&L undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Great Plains Energy:
Investors:
Calvin Girard, 816-654-1777
Senior Manager, Investor Relations
[email protected]
or
Media:
Katie McDonald, 816-556-2365
Senior Director, Corporate Communications
[email protected]

Source: Great Plains Energy



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