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Principal - Leonard R. Wass

Leonard R. Wass is the Chief Executive Officer of the Wass Consulting Group, Inc. (WCG). Immediately prior to forming WCG he was a Vice President in Towers Perrin's Chicago office and principal founder of Cresap/Towers Perrin's Energy Services Practice. The Energy Services Practice has worldwide responsibility for providing general management consulting services to the electric power and natural gas industries.

During his 29 years of consulting experience, Mr. Wass has conducted or led more than 130 assignments covering a wide range of Board and executive management concerns. In recent years his consulting thrust has been aimed at organizationally and politically sensitive and complicated projects with substantial strategic impact on the client organization. These projects have included governance, major restructuring, merger integration, nuclear operating company feasibility studies, executive search, performance improvement, strategic redirection, process re engineering, and management development and succession. Other projects addressed mission, merger/organization consolidation, interrelationships, organization structure, and operational efficiency. These projects have often resulted in new, well-focused and efficient organizations designed to address the concerns of the natural gas and nuclear power industries. In fact, in work for NPOC, Mr. Wass dissolved three Washington, DC - based industry organizations, and designed and implemented a new Washington, DC - based organization to serve the needs of all U.S. nuclear utilities.

Throughout his earlier consulting career, Mr. Wass honed his management consulting expertise in a wide range of electric and gas utility operations. Functions covered either through broad management audits or focused reviews included engineering and construction, project management, fossil and nuclear generation operations, system planning, gas and electricity marketing, T&D operations, gas supply, storage, and distribution, and management prudence. In fact, Mr. Wass was the partner in charge of overseeing virtually all the nuclear prudence reviews conducted by Towers Perrin. He has also provided extensive expert witness testimony on effective management oversight of nuclear power plant construction projects and on other utility management issues.

In addition to his electric utility consulting experience, Mr. Wass has extensive consulting experience in market strategy and research for both industrial and consumer product/service clients. Before devoting most of his time to electric utility clients, he served as Cresap's Regional Director of Marketing Services in Chicago for five years. In this capacity, he led and conducted numerous industry surveys, facilities location studies, consumer research studies, market surveys, and market/product strategy studies.

Electric and gas industry clients served include Alabama Power Company, AmerenUE, American Electric Power Company, Arizona Public Service Company, the Board of the Atomic Industrial Forum, the Board of the American Nuclear Energy Council, Baltimore Gas & Electric/Constellation Energy, Carolina Power and Light Company, Commonwealth Edison Company, Commonwealth Energy System, Constellation Energy, the Boards of Dominion Resources, Virginia Power, Dominion Energy, and Dominion Capital, the Board of the Electricity Trust of South Australia, the Board of the Gas Research Institute, the Gas Technology Institute, Georgia Power Company, Houston Lighting and Power Company, Jacksonville Power Authority, Kansas Gas & Electric Company, Los Angeles Department of Water & Power, Nuclear Energy Institute (NEI), Nuclear Management Corporation, Nuclear Power Oversight Committee (NPOC), Northeast Utilities, North Shore Gas Company, Otter Tail Power Company, Orange & Rockland Utilities, Ontario Hydro, Pacific Gas and Electric Company, PECO Energy/AmerGen, Platte River Power Authority, Public Service Company of Colorado, Public Service Company of New Hampshire, PSEG Enterprises, Rochester Gas & Electric Company, Salt River Project, South Carolina Electric and Gas Company, South Texas Project Nuclear Operating Company, the Board of the State Electricity Commission of Victoria (Australia), State Energy Commission of Western Australia, Tennessee Valley Authority, Texas Utilities, the Board of the U.S. Council for Energy Awareness (USCEA), Unicom Corporation, United Illuminating Company, United States Enrichment Corporation, Washington Public Power Supply System, and the Wolf Creek Nuclear Operating Company.

Some of the non-utility clients he has served include Allied Van Lines, Inc., Amoco Corporation, Banpu (Thailand), Bayer Corporation, Burke Marketing Research, Inc., Chartmasters, Inc., the Chicago Board of Trade, Fiat S.p.A. (Italy), Northwest Industries, Inc., Petrobras International, S.A. (Brazil), Tiger Financial Services, Unicom Thermal Technologies, Inc., Univar Corporation, and United Airlines, Inc.

Mr. Wass also served with the U.S. Navy for 25 years. The first five years were active duty in three different submarines where he was licensed by the U.S. Navy as the Engineering Watch Officer on several reactors. This was followed by fifteen years in the submarine reserve where he was Commanding Officer or Executive Officer for ten of those years. He concluded his naval career with five years as Executive Officer of the Office of Naval Research Unit in Chicago reporting to Washington, DC in connection with R&D programs funded by the Office of Naval Research for basic and applied research. He retired as a Captain in the U.S. Naval Reserve.

Mr. Wass holds a B.S. degree with concentrations in mathematics and marine engineering from the U.S. Naval Academy. He also graduated near the top of his class from the University of Chicago where he was awarded an M.B.A. with dual concentration in Finance and International Business.

He serves or has served on several outside boards as well as Cresap's Board, Personnel Committee, Executive Committee, and Nominating Committee. He served as Chairman of the Real Estate Committee of Towers Perrin's Board of Directors. He currently serves on the Board of Directors of the Chicagoland Chamber of Commerce and on the Board of Advisors of the Sisters of Saint Joseph (LaGrange, IL). Mr. Wass is also a member of The Chicago Club, Executive Club of Chicago, Max McGraw Wildlife Foundation, Mid Day Club, and Aurora Country Club.

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