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Spencer Abraham Joins UtiliPoint as Strategic Advisor

Filed under: Energy, Commodities, General, Risk ManagementPatrick Reames | November 2, 2009 @ 10:15 am (Views: 308)

Former U.S. Energy Secretary to Advise Leading Energy and Utility Advisory Firm

November 2, 2009-New York, N.Y. & Albuquerque, N.M. USA-UtiliPoint International, Inc. announced today that former U.S. Energy Secretary Spencer Abraham will serve as a Senior Advisor to the Company and its parent company, Midas Medici Group Holdings, Inc.

Mr. Abraham served as U.S. Secretary of Energy from 2001 - 2005 and as a U.S. Senator from 1995 - 2001. He will be providing strategic assistance to the Companies through his consulting firm, The Abraham Group.

“I am pleased to join the innovative team at UtiliPoint International. Their reputation and longevity as well as passion for excellence in energy research and reporting, combined with their commitment to overall industry transformation, provides an exciting opportunity for this partnership,” said Mr. Abraham.

In his role as Senior Advisor, Mr. Abraham will become involved in all aspects of UtiliPoint’s strategic planning and research agenda. Mr. Abraham will also work closely with the senior leadership at UtiliPoint and Midas Medici to strengthen and expand senior client relationships as well as enhance international market opportunities.

“We are pleased to have someone of Mr. Abraham’s caliber and experience as a Senior Advisor. I am particularly looking forward to working with him and the experienced team at The Abraham Group to leverage his vast expertise and knowledge of global markets and policy to help our clients in this period of significant change and opportunity in the energy markets,” said Nana Baffour, CEO of UtiliPoint International, Inc. and Executive Chairman of Midas Medici Group Holdings, Inc.

About Spencer Abraham

Spencer Abraham is the former United States Secretary of Energy having been appointed by President Bush as the tenth and longest-serving Energy Secretary in U.S. history. As Secretary, he led a federal department with a $23 billion budget and over 100,000 federal and contractor employees.

Since September 2005, he has been chairman and chief executive officer of The Abraham Group LLC, an international strategic consulting firm based in Washington D.C. In addition, he serves as non-executive chairman of AREVA, Inc. the North American subsidiary of the French-owned nuclear energy company, and on the Board of Directors of Occidental Petroleum (NYSE:OXY).

Prior to being Secretary of Energy, Spencer Abraham served as a U.S. Senator from Michigan for six years. In the Senate, he was a member of the Senate Commerce, Judiciary and Budget Committees and served as chairman of the Senate Immigration Subcommittee and the Senate Commerce Subcommittee on Manufacturing and Competitiveness.

Secretary Abraham is a graduate of Michigan State University and Harvard Law School.

About UtiliPoint International, Inc.

For more than 75 years, UtiliPoint International has been a trusted source of insight into the energy and utilities industry. With more than 500 clients worldwide, we are the leading provider of research and advisory services for the energy sector. Our company is comprised of industry experts from around the world with diverse backgrounds in utility generation, transmission and distribution, retail markets, mergers and acquisitions, new technologies, venture capital, information technology, outsourcing, renewable energy, regulatory affairs and international issues. UtiliPoint International, Inc. is headquartered in Albuquerque, New Mexico, USA. For more information, visit http://www.utilipoint.com/

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