DTE Energy, a diversified energy company based in Detroit, announced Gerry Anderson, executive chairman, will retire after a 29-year career and current DTE president and CEO Jerry Norcia will assume the additional role of chairman of the board upon the expiration of Anderson’s current term on May 5.
“My wife Lizann encouraged me to take an interview with DTE nearly 30 years ago,” says Anderson. “I’m so glad she did – I’ve been blessed with 29 wonderful years at a great company full of so many wonderful people. Jerry Norcia and I have worked closely together for nearly 20 of those years. He is a strong leader, and I am proud that the company is in his hands.”
Anderson joined DTE in 1993 from McKinsey & Co. and held executive leadership roles throughout the enterprise before being named president in 2004, CEO in 2010, and chairman in 2011.
During his time as CEO, he focused on and led the clean energy transformation of DTE’s power generation, pursuing increasingly large-scale investments in renewable energy. He committed the company to directly address the climate crisis by retiring coal-fired generation over time, investing heavily in wind and solar, and driving for net zero carbon emissions.
Anderson has been involved in spurring community vitality and economic growth in Michigan. He founded Detroit’s Regional CEO Group — a gathering of some of Detroit’s most influential business leaders — and he chairs the group’s work on causes like education and youth employment. He also pushed for the creation of and chairs the Detroit Regional Partnership, which continues to be the region’s leading economic development organization.
“Michigan has strong corporate leaders, but Gerry Anderson stands out among them as one of the very best. His career and accomplishments at DTE for nearly 30 years speak for themselves,” says Maureen Donohue Krauss, president and CEO of the Detroit Regional Partnership.
“He’s served as a transformational leader at the company and rallied the regional business community around a vision for how to build a more prosperous Detroit Region. While we congratulate Gerry on his retirement from DTE, we are excited for his continued leadership on our board of directors.”
Norcia, who was named CEO in 2019, says DTE aspires to be the best company in the world and the best company for the world. “Gerry transformed our company’s culture, drove a highly successful growth agenda, and put us on a path to net zero carbon emissions that also supports reliable and affordable energy for customers,” he says. “He readied DTE for long-term success, and I look forward to continuing to accelerate our progress.”