LCRA Executive and Leadership Team

Jim Travis, the Chief Financial Officer at LCRA, manages the fiscal health and capital allocation strategies required for large-scale utility projects. Overseeing the financial planning and analysis departments, the Chief Financial Officer ensures that budget distributions align with the maintenance of transmission lines and water management systems. This leadership role involves coordinating with the Board to secure funding for infrastructure expansion across the state. By optimizing revenue streams and controlling operational costs, Jim Travis directly impacts the financial stability of the organization. Travis monitors market trends to mitigate economic risks, ensuring that capital projects remain viable and efficient. Through rigorous oversight of financial reporting and audit processes, the Chief Financial Officer maintains transparency and accountability, providing the necessary resources to sustain the long-term operational goals of the company while delivering consistent value to the public.

Algirdas Lukosevicius, the Chief Financial Officer & Treasurer & Board Member at LCRA, oversees the treasury functions, investment strategies, and corporate governance standards. Overseeing the management of liquid assets and debt portfolios, the Chief Financial Officer & Treasurer & Board Member ensures that the organization maintains a strong balance sheet to support long-term infrastructure investments. This leadership role involves providing strategic financial guidance to the Board, directly influencing the company's risk management and capital structure. By monitoring cash flow and treasury operations, Algirdas Lukosevicius secures the financial foundation necessary for the company to manage the lower Colorado River and operate transmission networks. Lukosevicius maintains rigorous oversight of financial compliance, ensuring that all treasury activities adhere to regulatory requirements. Through the integration of financial strategy with board-level decision-making, the Chief Financial Officer & Treasurer & Board Member drives sustainable growth and fiscal responsibility.

Kristian Koellner, the Executive Vice President & Chief Operating Officer, Transmission at LCRA, directs the construction and maintenance of high-voltage transmission lines across the state. Overseeing the engineering and field operations teams, the Executive Vice President & Chief Operating Officer, Transmission ensures the reliability of the electrical grid through proactive infrastructure upgrades. This leadership role involves managing complex logistics for regional power delivery and coordinating with regulatory bodies to maintain compliance. By optimizing maintenance schedules and field deployment, Kristian Koellner minimizes downtime and enhances grid stability. Koellner collaborates with other C-suite leaders to align transmission capacity with the growing energy demands of the region. Through the implementation of advanced grid management technologies, the Executive Vice President & Chief Operating Officer, Transmission drives operational efficiency, ensuring that the company provides consistent and dependable power transmission services to all customers.

Randa Stephenson, the Chief Operating Officer, Wholesale Power at LCRA, manages the generation and wholesale distribution of electricity to meet regional demand. Overseeing the power plant operations and energy trading desks, the Chief Operating Officer, Wholesale Power ensures that generation assets function at peak performance levels. This leadership role involves balancing energy production with market fluctuations to maintain cost-effective power delivery across the state. By optimizing fuel procurement and generation efficiency, Randa Stephenson supports the financial and operational goals of the organization. Stephenson works closely with the Board to plan for future energy capacity and sustainability initiatives. Through the rigorous management of power generation facilities, the Chief Operating Officer, Wholesale Power drives the company's ability to provide reliable energy, ensuring that all wholesale operations remain aligned with the mission of serving the public interest through stable and efficient power production.

Carl Drescher, the Chief Information Officer at LCRA, directs the digital transformation and cybersecurity frameworks necessary for managing complex utility operations. Overseeing the enterprise technology stack, the Chief Information Officer ensures robust data protection for critical power and water infrastructure. This leadership role involves architecting scalable cloud solutions that support real-time monitoring of transmission networks across Texas. By integrating advanced analytics into daily workflows, Carl Drescher optimizes operational efficiency and strengthens the resilience of the digital grid. Drescher maintains alignment with the Board regarding long-term technology investments, ensuring that all software and hardware deployments meet rigorous industry standards. Through the implementation of secure communication protocols, the Chief Information Officer safeguards sensitive utility data against emerging threats, ultimately driving the technological advancement of the entire organization while supporting the broader mission of reliable service delivery.

Kate Ortega, the Chief of Staff at LCRA, coordinates executive initiatives and streamlines communication across all internal departments to ensure operational cohesion. Overseeing the strategic alignment of leadership goals, the Chief of Staff facilitates decision-making processes that impact the management of the lower Colorado River and regional power distribution. This leadership role involves managing high-priority projects that require cross-functional collaboration between the transmission and wholesale power divisions. By refining organizational workflows, Kate Ortega enhances the efficiency of executive meetings and policy implementation. Ortega maintains a clear focus on the mission-critical objectives set by the Board, ensuring that all departments operate in harmony with the broader corporate strategy. Through the management of internal communications and administrative oversight, the Chief of Staff drives organizational excellence, ensuring that the company remains responsive to the evolving needs of the Texas energy market.