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Kathryn J. Jackson will step down as chair of the ISO New England board of directors, effective April 25. The grid operator says Philip Shapiro will succeed Jackson as the board's chair.

According to ISO New England, Jackson is leaving to join the board of Oregon-based Portland General Electric Co. on April 26.

Shapiro has been a member of the ISO New England board since 2010 and is currently chief financial officer of Babson College. Previously, he was a managing director of Standard and Poor's Rating Group, where he established and supervised offices in Boston, Chicago and Dallas.

The grid operator notes that it elects board members through a nominating process that involves representatives from its board of directors, the New England Power Pool and New England Conference of Public Utilities Commissioners. Jackson's replacement will be selected through this process.

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