Dominion Energy, Inc.
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Founders
Virginia Electric and Power Company (VEPCO), Dominion Resources · Founded 1983 · Richmond, Virginia
Quick Answer
Dominion Energy was founded by Virginia Electric and Power Company (VEPCO), Dominion Resources in 1983 in Richmond, Virginia. The company is currently led by Robert M. Blue.
Dominion Energy's roots begin with Virginia Electric and Power Company, formed in 1925 from the consolidation of earlier Virginia utility assets. The modern holding company took shape in 1983 as Dominion Resources after VEPCO combined with North Carolina Natural Gas. That history matters because today's Dominion is still fundamentally a utility infrastructure company: it grows by building, maintaining, and financing assets that regulators allow into customer rates.
A predecessor utility formed in 1925 through consolidation of Virginia electric assets.
VEPCO created the regulated electric-utility foundation that later became central to Dominion Energy's Virginia operations.
Modern holding company formed in 1983 by combining VEPCO with North Carolina Natural Gas.
Dominion Resources created the corporate structure that later became Dominion Energy.
Robert M. Blue
Chair, President and Chief Executive Officer
Led Dominion's refocus toward regulated utilities and is steering the company through the pending NextEra merger process.
Thomas F. Farrell II
Chairman and Chief Executive Officer
Led Dominion during its broader energy-infrastructure era, including major gas and utility expansion efforts.
Edward H. Baine
Executive Vice President, Utility Operations; President, Dominion Energy Virginia
Oversees key utility operations in Virginia, the company's most strategically important load-growth territory.
Dominion Energy's modern holding company was formed in 1983 as Dominion Resources, with key Virginia utility roots in VEPCO dating to 1925.
The company emerged from consolidated Virginia utility assets and later became Dominion Resources to hold electric and gas businesses.
The important early decision was utility consolidation, which created the scale needed to finance generation, transmission, and distribution assets.