The Board of Directors of El Paso Electric Company has appointed Mary E. Kipp as the company's Chief Executive Officer, effective December 15, 2015. Ms. Kipp succeeds Mr. Thomas Shockley, who is retiring as the company's Chief Executive Officer but will remain on the Board. Ms. Kipp has also been appointed to the Board.

Ms. Kipp has served as the company's President since September 2014. Previously she was the company's Senior Vice President, General Counsel and Chief Compliance Officer from June 2010 to September 2014, and Vice President - Legal and Chief Compliance Officer from December 2009 to June 2010.