![Risk.net](https://www.risk.net/sites/default/files/styles/print_logo/public/2018-09/print-logo.png?itok=1TpHrpuP)
Wagner named new CFO of Mirant
Atlanta-based energy firm Mirant has named Harvey Wagner as its new chief financial officer (CFO).
He replaces Mirant’s current CFO, Ray Hill, who is moving into academia. Hill has accepted a teaching position at Emory University’s Goizueta School of Business, Georgia.
The energy firm’s financial reporting and trading has been under regulatory scrutiny in 2002. Last month, Mirant reported that it had overstated profits by $41 million during the past three years, and that it will re-audit its books for 2000 and 2001.
Separately, the Federal Energy Regulatory Commission (Ferc) has been investigating power and gas 'wash' trading. In May, Mirant explicitly denied that it had conducted wash trades referenced in the Ferc’s inquiries. At the time, Mirant’s chief executive and president, Marce Fuller, said Mirant had “not performed any simultaneous buy and sell trades with counterparties for the purpose of inflating its trading volumes or revenues".
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on People
People: SocGen’s Farah replaces Salorio, Deutsche makes credit hire, and more
Latest job changes across the industry
Coex Partners hires former Citi head of FX Apac sales
Matt Long joins Coex in Singapore to oversee FX execution and trading strategy for regional clients
Athora CFO exit caps management overhaul
Entire management team at Apollo’s European insurance affiliate has been replaced since 2022
People: New brooms at NatWest and Tradeweb; MUFG splits rates, and more
Latest job changes across the industry
Bank of America’s Kris Fador elected FS-ISAC board chair
Industry consortium for cyber security also adds new board directors from Swift, PNC, Truist and CME
People: Barclays’ macro trade reshuffle, UBS board moves, and more
Latest job changes across the industry
Asia moves: Senior hires at HKEX, UBS and more
Latest job news from across the industry
People: Citi lures JPM private bank CRO, Körner crowns Credit Suisse exits, and more
Latest job changes across the industry