TAMPA, Fla., Feb 02, 2011 (BUSINESS WIRE) --
The TECO Energy (NYSE: TE) board of directors named Sandra W. "Sandy"
Callahan as senior vice president of Finance & Accounting on Wednesday.
She will retain the position of chief financial officer. The promotion
is effective immediately.
She is responsible for all corporate and operational accounting
functions, corporate taxes, investor relations, corporate finance and
"Sandy's promotion to senior vice president is well deserved," said John
Ramil, TECO Energy president and chief executive officer. "Sandy is well
respected throughout TECO Energy and the energy industry, as well as
throughout the financial and investment communities.
"Over the years, Sandy and her group have done great work for TECO
Energy, paying down debt and securing needed financing. Her leadership
has helped TECO Energy grow and remain financially strong, and I'm glad
to see her hard work recognized."
Since July 2009, Callahan served as TECO Energy vice president of
Finance & Accounting and CFO. Before that, she was vice president of
Treasury and Risk Management for TECO Energy, and served as the
company's chief accounting officer. Callahan joined TECO Energy in 1988
as director of Internal Audit, and served in several corporate finance
positions before being named treasurer in 1995.
Before joining TECO Energy, Callahan was an audit manager with the Tampa
office of Coopers & Lybrand, a major public accounting firm.
Callahan serves on the board of directors for the Greater Tampa Chamber
of Commerce; Tampa's Lowry Park Zoo, including its finance committee;
the Florida Self-Insurers Guaranty Association (FSIGA), where she sits
on the finance and audit committees; and the Tampa Club. She also serves
on the Executive Advisory Council for the University of South Florida's
College of Business Administration.
Callahan graduated from the University of Baltimore with a Bachelor of
Science in Finance, and attended the University of South Florida in
Tampa before sitting for the Certified Public Accountant examination in
1981. She earned state and national honors for that examination and has
been a licensed CPA in Florida since that time.
TECO Energy, Inc. (NYSE: TE) is an energy-related holding company. Its
principal subsidiary, Tampa
Electric Company, is a regulated utility in Florida with both
electric and gas divisions (Tampa
Electric and Peoples
Gas System). Other subsidiaries include TECO Coal, which owns and
operates coal production facilities in Kentucky and Virginia, and TECO
Guatemala, which is engaged in electric power generation and
energy-related businesses in Guatemala.
SOURCE: TECO Energy, Inc.
TECO Energy, Inc.
Rick Morera, 813-228-4945