"The hiring of Andy Burcham as Chief Financial Officer of LP&L will serve as a great benefit to all LP&L customers," said Gary Zheng, LP&L's President and CEO. "Andy is a tremendous asset and will be able to use his wealth of knowledge and experience to ensure a superior level of accountability and transparency as LP&L works to secure reliable energy for 2019 and beyond."
The addition of Burcham to the role of CFO will strengthen the financial components of the utility and allow current management to further focus their energy and efforts on the distribution, long-term generation and overall management of LP&L.
"As the city's municipal electric provider, we are committed to ensuring that your utility is run as efficiently as possible," Zheng said. "LP&L has a strong dedication to continually providing the citizens of Lubbock with the most reliable electric service at the lowest possible cost to the consumer. In order to maintain these goals, the city's electric utility must operate with financial efficiencies, financial integrity, and financial strength. The addition of Andy Burcham to the LP&L leadership team is a solid step forward as we look to the future."