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Donald E. Gaines is vice president, Finance, and treasurer for Puget Energy (NYSE: PSD), a Fortune 1000 company, and its subsidiary utility, Puget Sound Energy (PSE). Gaines is responsible for traditional treasury functions (capital structure management and access to capital), as well as financial analytics, taxes and budgeting processes. He is chairman of the company's qualified plans committee, the group that oversees approximately $750 million in qualified
retirement and investment plan assets
Gaines is a member of the energy management committee, which approves and reviews power and gas hedging strategies. He is a board member, president and treasurer of PSE Funding, Inc., a PSE-affiliated company. In 2006 he became a founding director and secretary of the Puget Sound Energy Foundation established that year.
Gaines, who joined PSE in 1981, previously served several key financial roles within the company, including manager of Financial Planning, director of Strategic Planning, and treasurer. His work has focused on arranging financings and maximizing financing efficiencies of the company.
In addition to his responsibilities with Puget Energy and PSE, Gaines is a founding member of the Pacific Lutheran University Business Network (originally called PLUS Business) and is on the advisory board of the university's School of Business. He is a member of the board of trustees of Washington's National Park Fund.
The Washington state native has an associate arts degree from Tacoma Community College, a bachelor's degree from the University of Puget Sound, and a master's degree in Business Administration from Pacific Lutheran University.
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