EDF Trading North America announces two senior hires

EDF Trading North America, a wholly-owned subsidiary of EDF Inc., is pleased to announce the appointments of two senior commodity professionals into its origination and sales group.

Tom G. Ruck has joined as Vice President of Financial Sales, having most recently worked at ConocoPhillips as a senior structured products marketer.

Chris J. Schroen has joined as a Director of Financial Sales. Chris joins from BP North America where he was a Director of Derivatives Origination.

The two men will report to Jeff Welch, Senior Vice President, North American Gas Origination.

“We are delighted to have individuals the calibre of Tom and Chris on board”, said John Rittenhouse, Chief Executive of EDF Trading. They will focus on risk management solutions for our clients,” he said.

“Tom and Chris are great additions to our team. We are initiating a very broad effort to add financial hedging capabilities for both producers and consumers of natural gas, crude oil, NGLs and refined products to an outstanding physical platform,” said Jeff Welch.

A graduate of Manhattan College, Thomas has been working in the commodities markets since 1978 when he joined Exxon Corporation as a crude oil trader. His other professional assignments include JPMorgan, UBS, Koch Industries, Merrill Lynch and Fortis.

Chris is a graduate of the University of Texas at Austin. His previous assignments include Coral Energy Resources, Reliant Resources and American Electric Power Energy Services.

For further information, please contact:
EDF Trading
John Anderson, PR Consultant
Tel: +44 (0) 78 99 065 352

About EDF Trading
EDF Trading is a leader in the international wholesale energy markets. It has its own portfolio of assets which give it the ability to source, supply, transport, store, blend and convert physical commodities around the world. These capabilities enable EDF Trading to deliver essential asset optimisation services, risk management and wholesale market access to the EDF Group and its third party customers, helping them to realise the value inherent in their asset portfolios.

EDF Trading is one of the largest participants in the global power, gas, coal, freight and environmental products markets. It is one of the top buyers of carbon credits from global CDM projects and has one of the most mature portfolios in the market. It is the largest importer of coal into Europe, a pioneer in the biomass market, a recognised leader in weather derivatives, one of the largest providers of market services to the wholesale gas and power sectors in North America with 20,000 MW of generation under management and the leading electricity trader in Europe.

EDF Trading is a 100% owned subsidiary of EDF, Europe’s leading electricity producer, a major player in renewable energies, a significant participant in the worldwide revival of nuclear energy with a growing presence in the natural gas industry.

For more information on EDF Trading, please visit