CH Energy Group Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported operating income of $16,276,000, income before income taxes, non-controlling interest and preferred dividends of subsidiary of $8,969,000, net income of $5,642,000, net income attributable to the company of $5,352,000, or $0.34 per diluted share on total operating revenues of $213,645,000 compared to operating income of $9,378,000, income before income taxes, non-controlling interest and preferred dividends of subsidiary of $4,388,000, net income of $3,195,000, net income attributable to the company of $2,885,000, or $0.18 per diluted share on total operating revenues of $300,787,000 for the same period last year. For the nine months, the company reported operating income of $64,915,000, income before income taxes, non-controlling interest and preferred dividends of subsidiary of $44,754,000, net income of $27,602,000, net income attributable to the company of $27,016,000, or $1.70 per diluted share on total operating revenues of $792,348,000 compared to operating income of $53,290,000, income before income taxes, non-controlling interest and preferred dividends of subsidiary of $38,814,000, net income of $24,712,000, net income attributable to the company of $23,856,000, or $1.51 per diluted share on total operating revenues of $1,024,232,000 for the same period last year.

The board of directors CH Energy Group Inc. has announced the appointment of James P. Laurito as Executive Vice President of the holding company and of its utility subsidiary, Central Hudson Gas & Electric Corp., effective Nov. 1, 2009. Laurito will succeed Carl E. Meyer as President of Central Hudson, effective with Meyer's retirement on Dec. 31, 2009. Meyer joined Central Hudson as a Junior Engineer in 1970 and was promoted to positions of increasing responsibility before his appointment as Vice President of Engineering and Production in 1988. He later served as Vice President and Senior Vice President of Customer Services before assuming the duties of President in 1999. Between 2003 and 2009, Laurito served as the President of both New York State Electric and Gas Corporation (NYSEG) and Rochester Gas and Electric Corporation (RG&E), as well as President and Chief Executive Officer of RGS Energy Group Inc.

CH Energy Group Inc., Q3 2009 Earnings Call, Oct 26 2009