CVPS' Young to step down as CEO in 2011

Young, who will turn 64 shortly after his retirement, said his decision was made with his wife, Vicky, after months of discussion. "The CV board has been extremely supportive," Young said. "Vicky and I simply feel the time is right - 15 years at the helm is long enough. We want to make our children and grandchildren our focal points, and devote a little more of our energy to some of our other interests, including the arts and community service. I also expect to keep my hand in the energy utility industry."

Young joined CVPS as vice president of finance and administration in 1987. He was promoted to senior vice president of finance and administration and chief financial officer in 1988; executive vice president and chief operating officer in 1993; and president and CEO in December 1995. He has served as chairman of the board since 2009.

Young began his career at Bechtel Power Corp in 1970. He later worked for Bay State Gas Co., Arlington Exploration Company and Arthur D. Little Inc. before joining CVPS.

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