Newark-based Public Service Enterprise Group announced Thursday that Margaret “Peggy” Pego, senior vice president of human resources and chief human resources officer, will be retiring at the end of the year.
Sheila Rostiac, vice president total rewards and talent management, will succeed Pego on Sept. 2, PSEG said.
“I couldn’t be more grateful to Peggy for her 45 years of dedicated service to our company,” Ralph Izzo, chairman, CEO and president of PSEG, said. “Peggy will leave a lasting legacy of attracting, developing and retaining the high performing and diverse workforce that we have at PSEG today. Under her leadership, PSEG not only created its centralized Human Resources department, but also implemented culture-changing initiatives which have positively impacted countless employees and their families.”
Rostiac, who’s been with PSEG for 19 years, previously served as president of the PSEG Foundation. Before that, she held a variety of human resources, accounting and finance roles at the company. Outside of PSEG, she held global human resources roles at Schering-Plough Pharmaceuticals and financial roles at Jersey Central Power & Light and Arthur Andersen & Co.
“Sheila’s promotion is well deserved and I look forward to her continued leadership in enhancing the employee experience, building strong union relationships and guiding our company into a new era,” Izzo said, “all while ensuring the growth of PSEG’s most important asset, a diverse and inclusive workforce.”