Chief executives don't often confess corporate sins in public. But during a recent hearing at the suburban Maryland headquarters of the Nuclear Regulatory Commission, an electric-utility boss named Bruce Kenyon did just that. Kenyon, a respected nuclear-industry veteran with a raspy voice and a cocksure style, last fall became president, CEO and designated savior of Northeast Utilities' nuclear division, which operates five commercial reactors in New England. "At the time I arrived, [Northeast] was as close to a dysfunctional organization as I have ever encountered," he told the NRC. "The fundamental problem was leadership."
Strong words--yet Kenyon was, if anything, soft-pedaling...
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