Capps Announces Plans To Relinquish
Dominion CEO Title
RICHMOND, VA. - Thos. E. Capps, chairman of the board and
chief executive officer of Dominion (NYSE: D), today announced that he plans
to relinquish his CEO title within one year.
Capps said he has designated Thomas F. Farrell II, president
and chief operating officer, as his successor.
"To be a successful CEO, you must have a successor groomed
and waiting in the wings," Capps said. "We have that in Tom Farrell,
who I’m certain will take Dominion to new heights."
Capps said he plans to remain as chairman for a period of
time.
