PSEG announced today that it named Federal Energy Regulatory Commission (FERC) Chief of Staff Larry Gasteiger, chief, federal regulatory policy. Gasteiger will report to Tamara Linde, PSEG's executive vice president and general counsel. Gasteiger will join PSEG in late October.

Gasteiger served as Chief of Staff at FERC culminating a noteworthy 19-year tenure at FERC in which he held a variety of leadership roles. He previously served as the Acting Director of the Office of Enforcement fromAugust 2014 to April 2015 after having served as the Deputy Director from 2009 to 2014. Before he joined the Office of Enforcement, Mr. Gasteiger was the Director of the Division of Tariffs and Market Development - East in the Office of Energy Market Regulation. Prior to that, he held several other positions at the Commission, including Deputy Associate General Counsel, Legal Advisor to Chairman Joseph T. Kelliher, and attorney in the FERC's Solicitor's Office.

"We are very pleased to have Larry join PSEG," said Linde. "Larry, with his wide-ranging and rich federal regulatory background, will add significant value to our already strong FERC team. In particular, his experience working on a variety of topics from compliance to formulating policies to achieve the Commission's goals on electric reliability and energy infrastructure further enhances our ability to be prepared for the future needs of our investors and industry."

"I'm excited to join PSEG, and become part of a well-respected diversified energy company that has been providing reliable, safe and economic energy to its customers for over 100 years," Gasteiger said. "I look forward to working with the PSEG team and helping to build on this proud tradition for the energy needs of the next 100 years."

Before joining FERC in 1997, Mr. Gasteiger was an attorney in the General Counsel's Office at the Commodity Futures Trading Commission, and from 1989 to 1991 he served as a law clerk for the Honorable Edwin M. Kosik in the United States District Court for the Middle District of Pennsylvania.

Gasteiger is a graduate of the University of Pennsylvania and the Dickinson School of Law. He is a former Board Member of the Northeast Chapter of the Energy Bar Association and former Board Member and Secretary of the Saint Ambrose School. He resides in Fairfax County, Virginia.

Public Service Enterprise Group (NYSE: PEG) is a publicly traded diversified energy company with annual revenues of approximately $11 billion. Its operating subsidiaries are: Public Service Electric and Gas Company (PSE&G), PSEG Power, and PSEG Long Island.