Newsroom

LUMA Announces Juan Saca as New President & CEO
Wayne Stensby promoted to Chief Operating Officer,
ATCO Energy Systems at the ATCO Group

San Juan, Puerto Rico, June 14, 2023 – Today, LUMA announced that Mr. Juan Saca has been
appointed as its new President and Chief Executive Officer (CEO), effective July 1, 2023. Mr.
Saca, who previously served as a CEO in Puerto Rico for Open Mobile and, later, PR Wireless,
succeeds Mr. Wayne Stensby who has served as the first President and CEO of LUMA since June
2020.


“It is an absolute privilege to join the LUMA team and I want to thank Wayne Stensby for his
leadership as I take on this important role. Having worked in Puerto Rico for almost a decade, I
know this is a special place and how crucial it is to each and every Puerto Rican to have access
to a modern and sustainable energy system. I look forward to spending my first weeks traveling
across the island, listening and engaging with our customers, stakeholders, and the LUMA
team. I sincerely believe that by being honest about the challenges and working collaboratively
to address them, we will build on the progress made thus far, and chart a path to LUMA and
Puerto Rico’s success,” said Juan Saca, incoming LUMA President and CEO.


Mr. Stensby, who is returning to ATCO as Chief Operating Officer of ATCO Energy Systems
based in Calgary, Alberta, will work with the entire LUMA leadership team to ensure a seamless
transition over the coming weeks.


“It has been an incredible honor to work in Puerto Rico, to serve our 1.5 million customers, and
to lead the over 3,000 men and women of LUMA over the past three years. Together, this
amazing team worked tirelessly to make lasting and measurable improvements to the electric
system here. I want to thank our customers for their many words of support throughout the
years and each member of the LUMA team for their commitment and dedication to our
customers. I also want to welcome Juan Saca to the LUMA family, I wish him all the best as he
leads LUMA toward a new and exciting era of progress,” said Wayne Stensby, outgoing LUMA
President and CEO.


Joint Statement from Quanta Services and ATCO


“Wayne and the entire LUMA team have made significant progress establishing the foundation
for a more reliable, more resilient, and cleaner energy future for 1.5 million LUMA customers.
In just two years, thanks to LUMA’s focus on improving reliability, modernizing substations,
replacing tens of thousands poles and streetlights, connecting more than 54,000 customers to
rooftop solar and improving customer service, the energy transformation is well-underway.
Now, we are excited to pass the torch to Juan Saca, whose vision, approach to leadership and
collaboration, and experience in Puerto Rico will lead LUMA and Puerto Rico forward to an even
brighter future,” said Duke Austin, President and CEO of Quanta Services, and Nancy Southern,
Chair and CEO of ATCO in a joint statement announcing LUMA’s new CEO.


New CEO is Seasoned Executive with Puerto Rico Experience


Mr. Saca is a seasoned executive with over 30 years of experience in senior leadership and
operational roles across several industries and geographies, including Puerto Rico, Mexico,
Chile, Peru, Israel and across the United States. Throughout his career, he has helped lead large
cross-functional teams and championed public engagement efforts that defined a commitment
to improved customer service, continuous operational improvements, and strong public and
stakeholder engagement and transparency.


From 2012 through 2019, Mr. Saca was based in Puerto Rico serving as CEO of Open Mobile, a
wireless telecommunications company later known as PR Wireless, a joint venture between
Open Mobile and Sprint (now T-Mobile). In this role, he led the integration efforts of the two
companies and oversaw the recovery and restoration of wireless service after Hurricane Maria.
Mr. Saca also served in leadership positions for BellSouth (later AT&T) for nearly two decades,
including as President and General Manger of the company’s operation in Peru. Most recently,
Mr. Saca served as CEO of Digital Fortress, a privately held data center co-location company
based in Seattle, Washington, where he oversaw the expansion of the company footprint and
the upgrade of its internal infrastructure systems.


About LUMA


LUMA is a Puerto Rican company that, since June 1, 2021, operates and manages the electric
power transmission and distribution system in Puerto Rico. LUMA is a company driven by a
mission to transform the electrical transmission and distribution system to provide all Puerto
Ricans with the reliable, resilient, cleaner, and affordable electrical grid they deserve. As a
customer-centric company, LUMA’s entire workforce of more than 3,000 employees is focused
on safely delivering an exceptional customer service experience to its 1.5 million customers.