Cris Eugster

Cris Eugster

Cris Eugster

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Show Date: October 10th, 2018

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Cris Eugster
Chief Operating Officer
CPS Energy – San Antonio


CPS Energy (9 years)

Chief Operating Officer
2016 – Present • 2 years
San Antonio, Texas Area

Responsible for operations and strategy for largest municipally-owned electric and gas utility in the US with generation assets including nuclear, natural gas, coal, and renewables and transmission and distribution assets to serve the greater San Antonio metropolitan area. Oversee ~1.6B budget including O&M, Capital, and Fuels and 2000 employees.

Group EVP, Chief Generation & Strategy Officer
CPS Energy
2013 – 2016 • 3 years
San Antonio, Texas Area

Responsible for 7500MW of generation assets including nuclear, natural gas, coal, renewables ($500M+ annual budget, 820 employees, 8 executive direct reports). Oversee power generation, trading operations, corporate strategy, the gas business, and environmental, nuclear, and regulatory policy.

  • Successfully led group to achieve strong performance including
    • Record safety achievement (recordable injury rate reduced from 1.67 to 0.19)
    • Strong wholesale margin achieved in soft ERCOT market
    • Leaning of nuclear asset (achieved significant cost savings, maintained safety/reliability)
    • Transition to low-carbon (retiring 2 coal units 15 years early, replacing with gas/renewables)
    • Deployment of AMI network, bringing 21st century distribution grid to San Antonio
    • New innovative products including roof-top solar, battery storage, energy management services.

EVP, Chief Strategy & Technology Officer
2012 – July 2013 • 1 year
San Antonio, Texas Area

Responsible for overall corporate strategy and technology development. Oversaw strategic energy plan, new programs and services, business development and partnerships, and new technology deployment and integration.

  • Led development/execution of largest solar deal for 400MW with large economic development
  • Developed innovative, new products/services including DR programs with 100,000 customers.

EVP & Chief Sustainability Officer
2009 – September 2012 • 3 years
San Antonio, Texas Area

Developed CPS Energy’s overall strategy to transform it into a sustainable, clean energy utility focused on creating and delivering value to customers.

Chairman of Owners Committee
STP Nuclear Operating Company
2014 – Present • 4 years

Chief Officer for Sustainable Growth
City of Houston

2007 – 2009 • 2 years
Houston, Texas Area

Appointed by Mayor Bill White to newly-created position, led energy policy & sustainability initiatives.

  • Working closely with other departments and stood up innovative programs:
    • Renewable energy purchases that supported city facilities (EPA ranked City #1 in renewables)
    • Weatherization program for low-income neighborhoods (5000+ homes weatherized)
    • Single stream recycling (successful early pilots have resulted in city-wide service)
    • Clean air initiatives (voluntary Benzene reduction program for Houston Ship Channel participants).

As an Air Force wife living in The Netherlands, she was responsible for American families stationed in that country while their husbands were deployed to Desert Storm.

Entrepreneur and Investor
Eugster Investments
2002 – 2007 • 5 years
Houston, Texas Area

Investor in/executive for several high tech early stage companies. Actively managed investments in equity, debt, and real estate with successful multi-year portfolio returns.

McKinsey & Company
1998-2004 4 years
Houston, Texas Area

Senior counselor to CEOs and other C-level executives at Fortune 100 companies in the high tech, energy and waste management industries. Helped build clients into dominant companies in the market place by creating significant shareholder value through growth and innovation.

  • Established financial trading and risk management capabilities for utilities (start of power trading)
  • Provided comprehensive organizational, strategy, M&A and LOB services.

McKinsey & Company
1993 – 1998 • 5 years
Houston, Texas Area

Helped build the Texas office into the McKinsey’s largest technology practice.


Massachusetts Institute of Technology
Doctor of Philosophy (Ph.D.), Electrical Engineering
1989 – 1993

Thesis work studied quantum mechanical effects of electron transport in semiconductor nano-structures. Published over 15 papers in peer reviewed journals and presented at 20+ international conferences, including several invited talks.

Received patent for quantum field-effect transistor. Honors included MIT Japan Science and Technology Prize, Best Student Paper Award at the NATO Advanced Studies Institute, and 2nd place in the MIT $10K entrepreneur competition.

*Massachusetts Institute of Technology
Master’s Degree, Electrical Engineering
1987 – 1989

Thesis work to studied a novel x-ray imaging device using quantum well structures in semiconductors. Received patent for x-ray imaging device.

Civic and Volunteer Experience

Chairman, Executive Committee
Smart Electric Power Alliance

Co-Chair, Transformation Advisory Council

Puerto Rico Electric Power Authority (PREPA)

Chairman of the Board


Board Member

Alamo Council of Governments

Business Advisory Council, Executive Committee

Trinity University

Advisory Council, Smart Grid Center

Texas A&M University

Former Board Member

Build San Antonio Green / Solar San Antonio

Association of Edison Illuminating Companies

About the author:

I took early retirement in 1995 from Kodak and I have been in the real estate business since then. During my Kodak career my family lived in six states and we owned thirteen homes. I held positions as Food Trade Manager, Attractions Manager for Florida, Director of Sales Promotion, National Account Manager to HEB Grocery Company and National Sales Manager – US Military – Worldwide. In the twelve years since I retired from Kodak, I’ve been in the real estate business. My entry into the business was through two major agencies; one a local upscale boutique company and the other a very large local operation of a national franchise. I found both (plus most others in the business) to be more oriented towards gross sales and less towards taking care of the needs of the consumer. As a result, I formed my own company. I have three agents besides myself in the company and two staff personnel. Approximately ninety percent of our business comes from direct referrals plus we represent all of the relocating employees for three corporations. Each week I host the area real estate show, Real Estate Focus, on NewsTalk 930 KLUP, Saturdays at 11:00am. The show also streams live on my web site , and on In addition, Bjorn Dybdahl, owner of Bjorn’s Home Entertainment, and I host the San Antonio Movers and Shakers Show that airs at 10:00 am each Saturday from the same station and web sites. The real estate show deals with area real estate information and the SA Movers and Shakers show honors the education, business, civic, and public leaders who keep the entrepreneurial spirit alive in our city.

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