Rutter experienced with asset and risk management areas relevant to FMPA
ORLANDO, Fla., Feb. 6, 2019 – Florida Municipal Power Agency (FMPA) announced the selection of Kenneth S. Rutter as Chief Operating Officer. He will assume responsibility for FMPA’s power resources division effective March 1 to help provide low-cost, reliable and clean power to the agency’s members.
“Ken has a great background with cooperative and investor-owned utilities in the Midwest,” said FMPA’s General Manager and CEO Jacob Williams. “His experience with coal- and natural gas-fueled power plants is a great fit for FMPA, along with his asset management and risk management expertise.”
Rutter comes from Basin Electric Cooperative and Dakota Gasification in Bismarck, North Dakota, where he served for more than six years as senior vice president of marketing and asset management. Among other responsibilities, he led a team that restructured short-term power and natural gas management, as well as created many value enhancements and commercial transactions for Basin and Dakota Gasification.
He also spent more than 12 years with Ameren in St. Louis, Missouri, serving in a couple roles, most notably director of risk management and a short period as an internal auditor.
Rutter has a bachelor’s degree in engineering from Purdue University and a master’s degree in business administration from Washington University.