Business
TXNM Energy Announces Executive Leadership Transition of Pat Collawn to Executive Chair, Don Tarry to CEO
The Board of Directors of TXNM Energy (NYSE: TXNM) announced the transition of current Chief Executive Officer Pat Collawn to Executive Chair, effective July 1, 2025. Concurrently, and as part of a long-standing succession plan, the Board announced Don Tarry as the company's next President and CEO.
About this update from Txnm Energy, Inc.
[{"type":"text","content":"ALBUQUERQUE, N.M., May 14, 2025 /PRNewswire/ -- The Board of Directors of TXNM Energy (NYSE: TXNM) announced the transition of current Chief Executive Officer Pat Collawn to Executive Chair, effective July 1, 2025. Concurrently, and as part of a long-standing succession plan, the Board announced Don Tarry as the company's next President and CEO.","length":356,"tagName":"p"},{"type":"image","alt":"TXNM Energy Logo (PRNewsfoto/TXNM Energy, Inc.)","displaySize":"","headline":null,"caption":"TXNM Energy Logo (PRNewsfoto/TXNM Energy, Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":190,"url":"https://media.zenfs.com/en/prnewswire.com/998ba3a9833cfcc2c401dca8bcdc33de"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/HC2COYFkfxGXpMlT75PDcA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzNTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/998ba3a9833cfcc2c401dca8bcdc33de","width":400,"height":190}},"href":"https://mma.prnewswire.com/media/2464779/TXNM_Energy_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Pat joined TXNM Energy in June 2007 as Utilities President, overseeing operations for wholly owned subsidiaries PNM in New Mexico and TNMP in Texas. In August 2008, she was named President and Chief Operating Officer and in March 2010, she became President and CEO. The Board elected her Chair in January 2012. Pat will continue to provide leadership for TXNM Energy as Executive Chair of the Board of Directors. Don Tarry will become the company's CEO and President.","length":471,"tagName":"p"},{"type":"text","content":"Under Pat's strategic leadership, TXNM Energy was transformed with a focus on its regulated utilities to better meet the evolving needs of its customers and communities. To align with New Mexico's goals for a clean energy future, TXNM Energy became the first investor-owned utility to announce a goal of 100% carbon-free generation by 2040 and has demonstrated significant progress on this goal, reaching 72% carbon-free generation capacity in 2024.","length":457,"tagName":"p"},{"type":"text","content":"Pat remains committed to serving her community as the Chair of the New Mexico Partnership under Governor Michelle Lujan Grisham, Trustee of the University of New Mexico Foundation and as a board member of the Kirtland Partnership Committee.",...