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By making full use of batteries distributed on the demand side, the business mode that the aggregators operate and coordinate with distributed batteries is economically superior to individual consumer operation.
Eugene Lockhart president for the consumer operation.
And he has never run a consumer operation, an area that faces several strategic questions.
Ms. Bernard would not discuss specific plans or financial goals for the consumer operation.
NTL purchased Cable and Wireless Communications's consumer operation in 1999 and it has recently been fully integrated into the company.
The company also announced that John Polumbo, now senior vice president for business services, would succeed Ms. Bernard, taking the reins of the consumer operation.
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Robert Willumstad Robert Willumstad, 57, who has run Citigroup's global consumer operations and has been a Citigroup president, will become chief operating officer.
BofA's consumer operations continue to weigh on it.
Barclays, the British bank, and Swedbank of Sweden wound down their consumer operations.
Citigroup's domestic consumer operations do not have a coherent identity.
Mr. Stevens said that Urbanfetch Express was already profitable and larger than its consumer operations.
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