Great Plains Energy Incorporated (NYSE: GXP) and Kansas City Power & Light Company (“KCP&L) on Tuesday, February 21 announced that Chairman and Chief Executive Officer Michael J. Chesser would retire as Chief Executive Officer of Great Plains Energy and KCP&L, effective May 31, 2012. The company said, in order to ensure a smooth transition, Chesser will remain as a member of the Board of Directors and serve as its Chairman. He has served as Chairman and Chief Executive Officer since 2003.
The Board has selected Parkville resident Terry Bassham, the company's current President and Chief Operating Officer, to succeed Chesser as Chief Executive Officer. Bassham, 51, joined the Company in 2005 as Executive Vice President and Chief Financial Officer. He has served as a member of the Board since September 2011.
Click here to read his entire biography, courtesy of Great Plains Energy.