Business & Real Estate

Folsom-based electric grid operator names new chairman

A new board chairman was named Friday by the California Independent System Operator, the Folsom-based entity that runs the state’s power transmission grid.

Richard Maullin, a principal in a Santa Monica polling and consulting firm, was unanimously elected chairman. He replaces Robert Foster, who resigned as chairman a week ago for a position with the renewable-energy industry. Foster had to leave the ISO under state and federal conflict-of-interest rules.

Maullin has held various positions in government and the private sector, including a stint as chairman of the California Energy Commission when Gov. Jerry Brown was governor in the 1970s. Maullin was appointed to the board in early 2011 and reappointed to a three-year term by Brown in early 2012. His term runs out Dec. 31.

The ISO is in charge of purchasing electricity on the wholesale market to keep the state’s power grid running smoothly.