Managing Director and CEO, JEA
Jay Stowe, the new CEO of Jacksonville’s municipal water and electric utility since Nov. 30, inherited an organization cooperating in a federal grand jury probe and preparing a five-year, $2.5 billion capital investment plan.
His hiring ended a 1½-year period that saw an attempt to sell JEA to a private company, resulting in U.S. Department of Justice and City Council investigations and the firing of former CEO Aaron Zahn and his senior leadership team.
Stowe plans to repair trust within JEA while moving on plans to invest $1.6 million to modernize its its water and wastewater system.