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Centerior's subsidiaries get together; parent blending CEI, Toledo Ed into single unit. (Centerior Energy Corp., Cleveland Electric Illuminating Co., Toledo Edison Co.)
Crain's Cleveland Business, May, 1991 by Thompson, Chris
Centerior's subsidiaries get together Parent blending CEI, Toledo Ed into single unit Centerior Energy Corp. slowly is melding its two utility subsidiaries into a single company. The clear lines which have divided Cleveland Electric Illuminating Co. and Toledo Edison Co. since their affiliation in April 1986 are starting to blur as management has begun to view the organization as one entity -- Centerior.
No decision has been made on completing the conversion by dropping the CEI and Toledo Edison trademarks altogether. But Centerior executive vice president of finance and administration Edgar H. "Ted" Maugans said that change is a possibility and is a logical extension of the direction the company is heading. "Conceivably, that could happen down the...
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