July 24, 2023
ATC names Teresa Mogensen as new CEO
Press Release from the ATC
The ATC board of directors have announced the selection of Teresa Mogensen as president and CEO effective Aug. 16, 2023. Current President, CEO and Chairman Mike Rowe has led ATC since 2015, and announced earlier this year his plans to retire. To ensure a smooth transition, Rowe will serve as executive chairman until his retirement in January 2024.
Mogensen has over 30 years of experience within the utility industry, most recently with Xcel Energy as senior vice president, energy supply. She also led Xcel Energy Transmission through a period of significant expansion, including the successful implementation of the CapX2020 utility transmission collaboration. Throughout her career, she has provided strategic leadership and technical expertise to teams across a wide variety of disciplines including electric system planning, construction and operations. This included seven years at ATC during the formation of the company as the first multistate transmission-only utility in the nation. Mogensen is well respected across the electric power industry and has served on various boards for industry and community organizations.
Mogensen earned both a master’s degree in business administration and a bachelor’s degree in electrical engineering from Marquette University. She is a registered professional engineer and was a certified North American Reliability Corporation system operator.
Formed in 2001 as the nation’s first multistate transmission-only utility, ATC is a Wisconsin-based company that owns and operates over 10,000 miles of electric transmission lines and approximately 580 substations in portions of Wisconsin, Michigan, Minnesota and Illinois. Our transmission network enables the movement of electricity produced from all forms of generation resources to areas where it is needed.