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A seasoned leader with more than 40 years of experience in the utility industry with a track record of delivering “What’s Next” through tech-enabled innovation, a relentless focus on customer value, and a culture of delivering what you promise. Maintains a passion for helping utilities as the catalyst for achieving a sustainable future through his board of director seat at private equity backed E Source.After a 28-year career working for utilities, Ted retired early from Duke Energy to pursue a second career building tech-enabled utility service companies with all 3 delivering successful exits! He held several leadership positions at Duke Energy and Avangrid/NYSEG. He successfully built Duke’s regulated energy services business from the ground up delivering an industry leading business model as the lead witness in 5 states that turned energy efficiency into a core billion-dollar investment. He ran IT in the early part of his career leading the change to distributed computing and away from home-grown operational systems. Ted has held several advisory board positions at the national level including: Edison Foundation: EEI Retail Services & Institute for Electric Innovation; National Action Plan for Energy Efficiency; EPRI Energy Services; JD Power Smart Grid Services, and currently serves on the Marketing Executive Conference.
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Board DirectorE Source Jun 2023 - PresentBoulder, Colorado, Us -
Chief Executive Officer And Board DirectorE Source Aug 2021 - Jun 2023Boulder, Colorado, UsDelivered 100% growth through both organic and acquisitive that led to Align Capital Partners doubling down on the business through a continuous vehicle exit event.
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President, E Source Data ScienceE Source Feb 2020 - Aug 2021Boulder, Colorado, Us40% CAGR by helping utilities strive to apply data science to become data-driven decision makers across all aspects of their operations. The simple premises of making data useful and accelerating speed to value using AI and machine learning are facilitating dramatic business results for clients. Integration of data science throughout E Source's extensive client base and product portfolio to bring additional value to our clients is our top priority.
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CeoTrove - Predictive Data Science Nov 2015 - Feb 2020Buffalo, Ny, Us- Led TROVE to market viability, profitability and a successful exit with sale to E Source.- Guided the transition from conceptual vision to credible utility market player with more than 15 utility clients and a 500% increase in revenue with a simple mission of making data useful and a culture to deliver what you promise.- Leveraged domain expertise to lead the company pivot from platform to DSaaS solutions with industry leading solutions in vegetation management, grid reliability, customer lifecycle management and distributed energy resources. -
PresidentTs Energy Consulting Mar 2015 - Nov 2015Provide strategic consulting to utilities and technology companies to accelerate the change to a more efficient economy. -
Svp - Utility SolutionsEcova Sep 2010 - Mar 2015Spokane, Wa, Us- Member of core executive team who led $325 Million exit with sale to ENGIE.- P&L responsibility for $40 million utility business unit with over 200 employees delivering solutions to utility clients and their customers across the United States.- Grew utility business 28% while implementing new technology platform and updated product portfolio.- Developed sales and client management functions, strategy framework, new strategic plan, and strategic industry partnerships for utility business. -
Vp - MarketingDuke Energy Sep 1997 - Aug 2010Charlotte, North Carolina, Us- Successfully launched a regulated energy services business that is now $600 million in EBITDA.- Pioneered an innovative business model that turned energy efficiency into a profitable investment that quadrupled the business and remains as an earnings engine.- Served as lead regulatory witness in 5 states for energy efficiency and on several national boards.- As VP of large business customers, delivered sales, service and marketing to Duke's largest customers and achieved #1 customer satisfaction national ranking. - While in corporate strategy, developed a strategic scenario that identified a weakness in the business resulting in the creation of an eBusiness group, which I joined, to incubate opportunities to take advantage of the web. -
Director - Information TechnologyAvangrid Nyseg 1983 - 1997Orange, Connecticut, Us- Oversaw the transition to distributed computing with personal computers and introduced the first local area networks and application servers before moving on to manage all application development, data management, end-user computing, IT consulting and distributed networks for this Fortune 1000 utility in upstate New York. - Stepped out of IT for about 1.5 years to co-lead the deregulation business transformation initiative.
Ted Schultz Skills
Ted Schultz Education Details
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Syracuse University - Martin J. Whitman School Of ManagementFinance -
University At AlbanyBusiness
Frequently Asked Questions about Ted Schultz
What company does Ted Schultz work for?
Ted Schultz works for E Source
What is Ted Schultz's role at the current company?
Ted Schultz's current role is Board Director - E Source.
What is Ted Schultz's email address?
Ted Schultz's email address is te****@****rgy.com
What is Ted Schultz's direct phone number?
Ted Schultz's direct phone number is (800)-767*****
What schools did Ted Schultz attend?
Ted Schultz attended Syracuse University - Martin J. Whitman School Of Management, University At Albany.
What skills is Ted Schultz known for?
Ted Schultz has skills like Strategy, Sustainability, Renewable Energy, Program Management, Energy, Energy Efficiency, Energy Markets, Electricity Markets, Leadership, Strategic Planning, Management, Natural Gas.
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