INDIANA MUNICIPAL POWER AGENCY ANNOUNCES JACK ALVEY
AS PRESIDENT AND CEO
Longtime President and CEO Raj Rao to retire April 5
– The Indiana Municipal Power Agency (IMPA) Board of Commissioners announced the selection of Jack Alvey as IMPA’s new President and CEO. Alvey will assume the role following the retirement of longtime President and CEO Raj Rao on April 5, 2022.
Alvey joined IMPA in 1992 as a combustion turbine operator/technician. He previously served in the United States Navy’s nuclear power field before entering the public power sector. Currently, Alvey is IMPA’s Executive Vice President and Chief Operating Officer overseeing IMPA’s generation operations, transmission joint ownership, electrical facilities, construction, safety, and environmental and reliability compliance. He holds a Bachelor of Science from Purdue University and MBA from Indiana University. During his tenure, he has played a key role in IMPA’s involvement in numerous generation projects, including the Prairie State Energy Campus, Trimble County Unit 2, IMPA’s Combustion Turbines in Anderson, Richmond, and Indianapolis, as well as spearheaded the development of over 40 solar parks in member communities across the state through IMPA’s growing solar program. Alvey is a native of Richmond, Indiana--one of IMPA’s founding member communities.
“It is truly an honor to be selected as IMPA’s next President and CEO,” commented Alvey. “In my 30 years with IMPA, I have had the privilege of working alongside Raj to help establish the Agency into the successful organization that it is today. It has been a pleasure to be part of numerous substantial events in IMPA’s history, and I look forward to continuing the Agency’s mission of low-cost, reliable, environmentally-responsible power for many years to come.”
“Jack Alvey is the right individual to lead IMPA into the future,” commented Rao. “His generation experience, combined with his institutional knowledge of IMPA and commitment to public power, make him uniquely qualified to be the person to lead the Agency and its member utilities. As my time as President and CEO comes to an end, I am confident IMPA will be in good hands under Jack’s leadership.”
“The CEO Search Committee set forth numerous qualifications as requisites for the future leader of the Agency,” commented Brent Slover, Chairman of the IMPA Board and a member of the CEO Search Committee for the Agency. “Jack exceeded our expectations due to his decades of experience, knowledge of the industry, and respect of IMPA members. We look forward to his leadership of the Agency.”
Alvey’s first day as CEO will be April 6, 2022. Rao announced his retirement in October 2021 after 38 years with the Agency, 35 of those years serving as President. He first joined IMPA in 1983 as its Director of Engineering. He was named CEO of IMPA in 1986 and has helmed the Agency since that time. Under Rao’s leadership, IMPA grew from an Agency serving the wholesale power supply needs of 26 member utilities to a $2 billion organization serving 61 communities today.
IMPA is the wholesale power provider to 61 cities and towns throughout Indiana and Ohio that own and operate the municipal electric distribution systems in their communities. IMPA members deliver electric service to approximately 340,000 individuals. For more information about IMPA, visit www.impa.com.
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