CPS Energy CFO Steps Down

Gary Gold is stepping down next month from his position as chief financial officer of CPS Energy. Company officials confirmed Gold's upcoming retirement on Tuesday night. The utility is still struggling with a billion-dollars in bills related to the winter storm in February. Gold has worked for CPS since 2005, and is both CFO and treasurer for the utility. 

An emailed statement says Cory Kuchinsky, one of CPS's vice-presidents, will replace him as CFO:

"This week, CPS Energy President & CEO Paula Gold-Williams named Cory Kuchinsky as the utility’s new Chief Financial Officer (CFO) following the planned retirement of his predecessor Gary Gold. As part of CPS Energy’s thoughtful succession planning, Gold will remain with the utility through June 30, serving as Chief Business Excellence Officer to ensure a smooth transition and knowledge transfer while advising leadership on key initiatives. Gold, a Certified Public Accountant (CPA), served CPS Energy customers and the Greater San Antonio community for 16 years and has had a more than 40-year business career. Kuchinsky is a CPA with a Bachelor of Science in Business and a Master of Science in Accounting from Trinity University. In addition to 15 years of service at CPS Energy, Kuchinsky’s background includes experience at the local Ernst & Young LLC office and Adjunct Accounting Professor at the University of Incarnate Word as well as his alma mater, Trinity University. Kuchinsky previously was recognized by the San Antonio Business Journal on its “Who’s Who in Energy” and “Top 40 Under 40” lists. We wish Gary well on his retirement and thank him for his contributions."

Photo: Getty Images


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