Senior Vice President & Chief Financial Officer

Mr. Claspell leads the Back Office function at ACES. His responsibilities include oversight of all energy market settlement activities for ACES’ Clients, as well as oversight of ACES’ internal accounting activities, legal support, human resources, and general administrative functions.

Mr. Claspell has more than 30 years experience in finance, accounting, taxes, and insurance, primarily in the wholesale energy industry. He began his career in public accounting and moved into corporate accounting in the tax department at AMAX Coal Company. He then spent 15 years as financial advisor and controller for one of the nation’s leading generation and transmission cooperatives (G&Ts) before joining ACES.

Mr. Claspell understands and appreciates the diverse financial requirements of both the G&Ts and their member distribution systems.

He holds a Bachelor of Science degree in accounting from Indiana State University, and is a Certified Public Accountant.

“We devote significant resources at ACES to analyzing and verifying energy market settlements statements and invoices, one of the many activities for which I am responsible. We have developed detailed processes that ensure that our Members’ and Customers’ energy transactions are financially settled accurately.”

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