June 22, 2009 (FinancialWire) — Comverge, Inc. (NASDAQ: COMV) has appointed Michael Picchi, the company’s executive vice president and chief financial officer, to the additional role of interim president and chief executive officer. Alec Dreyer, currently lead director of Comverge’s board, has been appointed chairman.

The appointments follow Robert Chiste’s decision to retire as chairman, president, CEO and as a director of Comverge.

Comverge’s board said it will work with an executive search firm to help identify candidates to lead the company. The board has also established a new operating committee to provide additional management support during this interim period.

Picchi joined Comverge in February 2006 as SVP and chief accounting officer, and was named EVP and CFO in June 2006. From July 2004 to February 2006, he was SVP of finance and controller for PRG-Schultz International, an audit recovery services firm.

Dreyer joined the Comverge board in January 2008. In addition to his new role as non-executive chairman, Dreyer also serves as chairman of the audit committee of the board.

East Hanover, New Jersey-based Comverge is a provider of “clean energy” services designed to improve grid reliability and supply electric capacity on a more cost-effective basis than conventional alternatives by reducing base load and peak load energy consumption. The company claims over 3000 megawatts of clean energy capacity under management.

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