Governor LePage Appoints Steven McGrath To Director of Energy Office

September 5, 2017

For Immediate Release: Tuesday, September 5, 2017
Contact: Julie Rabinowitz, Press Secretary (207) 287-2531

AUGUSTA – Governor Paul R. LePage announced today he has hired Steven McGrath to serve as the Director of the Governor’s Energy Office.

“Steve’s experience in the energy industry will help us move Maine forward,” said Governor LePage. “I am pleased he has joined my administration, and I look forward to his insight into this vital policy area.”

McGrath brings broad experience in the energy industry to his new role. He is the past Chief Financial Officer of Downeast Energy Corp, where he was also responsible for oil and propane supply and hedging. For the past four years, he served the CEO of Greystone Advisors, a financial and management advisory company. While at Greystone, he acted as a part-time CFO for a number of small businesses in Maine.

McGrath started his corporate career in New York City, where he worked for Bristol-Myers Company, now Bristol-Myers Squibb. He has also held senior financial management roles at Beiersdorf AG, Hyperion Software and Wright Express (now WEX).

A resident of Cape Elizabeth, McGrath’s degrees include a Master of Business Administration in Finance from New York University, a Master of Arts in Mathematics from the University of Maine and a Bachelor of Science from Bates College.

McGrath began his tenure at the Energy Office on August 25.