SOURCE: GenOn Energy

GenOn Energy

August 24, 2011 17:45 ET

GenOn Energy Announces Management Change

CEO Muller to Assume Additional Role of President; President and COO Jacobs to Leave Company

HOUSTON, TX--(Marketwire - Aug 24, 2011) - GenOn Energy, Inc. (NYSE: GEN) today announced that Chairman and Chief Executive Officer, Edward R. Muller, will assume the additional title of President, and that Mark M. Jacobs, currently President and Chief Operating Officer, is leaving the Company effective September 30, 2011. Mr. Jacobs is also stepping down from the board of directors.

Jacobs assumed the position of President and COO of GenOn in December 2010 when GenOn was formed following the merger of RRI Energy and Mirant Corporation. At the time of the merger, he was President and CEO of RRI. Muller had been Chairman and CEO of Mirant.

Said Muller, "On behalf of GenOn's Board of Directors, I want to thank Mark for his many contributions to GenOn and its predecessors. He played a key leadership role in the successful integration of RRI Energy and Mirant. We wish him all the best in his future endeavors."

Said Jacobs, who had joined RRI in 2002, "I am very proud of what we accomplished in bringing together two great companies to form GenOn. With the bulk of the integration work complete, Ed and I agree that this is an appropriate time for me to transition to my next challenge. I believe the Company is well positioned for success going forward."

About GenOn Energy, Inc.
GenOn Energy, Inc. (NYSE: GEN) is one of the largest competitive generators of wholesale electricity in the United States. With power generation facilities located in key regions of the country and a generation portfolio of approximately 24,200 megawatts, GenOn is helping meet the nation's electricity needs. GenOn's portfolio of power generation facilities includes baseload, intermediate and peaking units using coal, natural gas and oil to generate electricity. We have experienced leadership, dedicated team members, financial strength and a solid commitment to safety, the environment, operational excellence and the communities in which we operate. GenOn routinely posts all important information on its Web site at