Stream Energy entered the direct sales utility business in August of 2004. Rob Schneider, a former equity investor, founded the business with Pierre Koshakji. Pierre has held many executive positions with the company including Executive Vice President, Strategic Projects Director, and Government Affairs Director. He is a former executive of many startups and was instrumental in several business turnarounds. Together Rob and Pierre developed the independent direct sales model for Stream Energy in Texas. From 2005 to 2008, Pierre would be responsible for the strategies that would move the utility company forward into the 21st century. From the beginning Stream Energy has placed its customers, employees, and its independent agents as its primary focus.
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Strong leadership is what has grown Stream Energy into a multibillion-dollar utility corporation. The leadership team member CFO Renee Hornbaker joined the company in 2011. She retired in 2017, leaving the company debt free and continues to lend advice and support to the company. Steve Glasgow has been with the company since 2004. His business sense has also been a contributing factor to the growth of this utility company. The strength of Stream Energy’s leadership is what fuels the independent opportunity.
Upon building this direct sales energy company, the leadership team incorporated strong values including charitable giving. The generosity of this company is well documented in its history and its present operations. A clear example of the heart of this philanthropic organization was in 2017 when Hurricane Harvey devastated the state of Texas. The city of Houston took the brunt of the storm when nearly 60 inches of rain overtook the city. This storm was one of the worse in history and has been compared to Hurricane Katrina of 2005. Stream Energy was one of the first companies to respond and provide resources to the citizens of the Houston. Also, the company partners with local and national charitable organizations to provide resources to the homeless population in Dallas, Tx. Another example of their generosity school supplies donated to homeless children along with a fun day at a water park for homeless children of Dallas.