Genie Energy Names Chairman Howard Jonas To Addl. Role Of CEO - Quick Facts

(RTTNews) - Genie Energy Ltd. (GNE), an independent retail energy provider and a developer of unconventional energy projects, said its board has appointed Chairman Howard Jonas to assume the additional role of Chief Executive Officer or CEO, effective January 1, 2014.

Jonas has served as Genie's Chairman since it was spun off from IDT Corp. in 2011. Claude Pupkin, Genie's current CEO, would remain at Genie and continue to serve as President of Genie's American Shale Oil subsidiary and Senior Vice President of Business Development. Geoff Rochwarger would stay as Genie's Vice Chairman and CEO of its IDT Energy unit.