EPISODE 3
A CEO'S VIRTUAL MENTOR®
Leading with Culture
with Bob Flexon
CEO of Dynegy
LEADING WITH CULTURE
BY TOM LINQUIST
This is a 2 part interview with Robert "Bob" Flexon, CEO of Dynegy, a $5.5 billion revenue independent power producer in the US operating 26,000 megawatts of power generating facilities in eight states. The capacity from 35 power stations provides capability to power 21 million homes. Bob shares his experience over his five-year tenure at Dynegy as CEO and leading the company through financial distress, an orderly bankruptcy and emergence, and substantial growth through acquisition upon the emergence.
Part 1 focuses a great deal on Bob’s establishment of the culture of the organization to create an environment that could thrive in the major business transformation that would ensue. In Part 2 we explore Bob’s leadership through major transformational events. The value of mentors and his advice to CFOs, CEOs, and boards of directors toward development of CEO successors.
Bob Flexon BIO
Robert Flexon is the president and CEO of Dynegy, an independent power producer based in Houston with 26,000 megawatts of power-generating facilities in eight states and revenue of $5.5 billion. Dynegy's 35 power stations provide electricity to 21 million homes in the Midwest, Northeast, and West Coast. Before coming to Dynegy in 2011, Flexon was CEO of Foster Wheeler, a global engineering and construction firm; and CFO and COO of independent power producer NRG. He has also held key finance and accounting positions with Hercules, a specialty chemical manufacturer, and Atlantic Richfield Company (ARCO), an oil and gas extraction company. A certified public accountant, Flexon earned a BS in accounting from Villanova. He serves on the Board of Neighborhood Centers, the largest not-for-profit in Texas.
Program Disclaimer
The only purpose of the podcasts is to educate, inform and entertain. The information shared is based on the collection of experiences of each of the guests interviewed and should not be considered or substituted for professional advice. Guests who speak in this podcast express their own opinions, experience and conclusions, and neither The Leadership Lyceum LLC nor any company providing financial support endorses or opposes any particular content, recommendation or methodology discussed in this podcast.