SCANA buyer dies at 66

Dominion executive engineered SCE&G takeover

Special To The Chronicle
Posted 4/8/21

The utility executive who engineered the SC Electric & Gas takeover died April 2.

Thomas Farrell, 66, led Virginia-based Dominion Energy more than 10 years.

He died of cancer a day …

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SCANA buyer dies at 66

Dominion executive engineered SCE&G takeover

Posted

The utility executive who engineered the SC Electric & Gas takeover died April 2.

Thomas Farrell, 66, led Virginia-based Dominion Energy more than 10 years.

He died of cancer a day after stepping down as the company’s executive chairman.

Farrell led Dominion through many power company acquisitions including the purchase of Lexington County-based SCANA, the holding company that owned SCE&G.

SCANA’s sale was forced by a $9 billion fraud by at least 2 of its executives.

Ex-CEO Kevin Marsh and COO Stephen Byrne have pled guilty to lying to investors and state regulators.

A federal investigation is continuing into other conspirators in the failure of SCANA’s $9 billion nuclear project.

SCE&G ratepayers were charged $2.2 billion for the mismanaged project the ex ecutives promised would lower rates and produce clean energy.

Farrell spent more than 15 years practicing law before joining Dominion Energy as general counsel in 1995.

He was named president and chief executive in 2006 and chairman in 2007, a post he held until Thursday.

Dominion serves 7 million customers in 16 states. It is a Fortune 500 company based in Richmond.

Published reports say Farrell earned more than $14 million in 2019.

Survivors include his wife, Anne Garland Tullidge Farrell and sons Stuart Farrell and Peter Farrell, a former Republican member of the Virginia House of Delegates.

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