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MLGW News Release
Mayor accepts Lee's resignation:Board chairman Rick Masson will serve as interim President & CEO
May 3, 2007

Memphis Mayor WW Herenton has accepted the resignation of MLGW President and CEO Joseph Lee, III and Vice President and General Counsel Odell Horton effective tomorrow, May 4. In the interim, Board Chairman Rick Masson will serve as acting President and CEO, as provided in the MLGW Charter. The Mayor stated a search for a new President and CEO will begin soon.

MLGW is the largest three-service public power utility in the nation, serving more than 420,000 customers in Memphis and Shelby County with some of the lowest combined rates in the U.S.