Novotny became CEO in October, replacing Thad Hill, who had been Calpine’s CEO for a decade. After the deal closes, Novotny will join Constellation and continue to lead the Calpine business.

We're thrilled to announce Andrew Novotny as the new CEO of Calpine! A huge thank you to Thad Hill for 16 years of dedicated and visionary leadership. As Thad transitions to the role of Executive ...

Calpine, the largest private company in Houston, announced a deal to be acquired by Baltimore-based Constellation for approximately $16.4 billion Friday morning. Constellation would buy Calpine with ...