Back to Local Business

Dallas-based Adamas Energy CEO sees big AI power demand

Gordon Huddleston, president and CEO of the new Dallas-headquartered Adamas Energy, predicts significant growth in gas-fired power demand driven by artificial intelligence.

Quincy Quill

July 16, 20262 min read

AI energy demand - illustration, Jake Team LLC
AI energy demand - illustration, Jake Team LLC

Gordon Huddleston, who will serve as president and chief executive officer of Adamas Energy, stated that behind-the-meter power generation in the United States will likely exceed expectations regarding the scale of demand for gas-fired electricity related to artificial intelligence. Huddleston shared these observations with Fortune.

Adamas Energy is a newly established operating entity based in Dallas. It functions as a wholly owned subsidiary of Mitsubishi Corporation.

In other corporate leadership updates, Christian Lown has been named executive vice president and chief financial officer of Allstate Corporation, effective August 3. He replaces Jess Merten, who transitioned to president of property-liability in October 2025. John Dugenske, president of investments and corporate strategy, has served as interim CFO during the transition.

Lown brings over 25 years of senior leadership experience to Allstate, joining from CoStar Group where he previously held the CFO role. His prior experience includes serving as CFO at Freddie Mac and Navient Corporation, along with senior finance positions at Morgan Stanley and UBS.

Anya Hamill will resign as CFO of Laird Superfood, Inc., effective August 31. The company confirmed that her departure is not due to any disagreement with management or the board. Laird Superfood has initiated a search for a permanent CFO, considering both internal and external candidates, and does not anticipate the change affecting its financial guidance or operations.

Sarah M. Romano was appointed CFO of SS Innovations International, Inc., effective August 3. Romano holds more than two decades of experience, most recently serving as CFO of Vicarious Surgical. Her background includes CFO roles at Entero Therapeutics and Kiora Pharmaceuticals, and she began her career as an auditor at PricewaterhouseCoopers.

Deloitte has introduced a new framework to help executives evaluate sustainability investments. Developed with the Aspen Institute, the Sustainability Fusion framework is an AI-enabled digital tool and web-based evaluator. It aims to assist CFOs and chief sustainability officers in translating sustainability initiatives into financial metrics such as tax-adjusted cash flow to improve capital allocation and decision-making.

Research from Wharton marketing professor Jonah Berger suggests that hedging language can be used strategically by communicators. Berger noted that while hedging is often viewed as reducing persuasiveness, understanding its impact can help speakers and marketers adjust their approach when addressing bosses, clients, or family members.

Bank of America employs about 6,566 people in Plano, according to local government records.

Source: fortune.com.

Sources

https://fortune.com/2026/07/15/bank-of-america-cfo-ai-bet-efficiency-pay-off/

Share

Quincy Quill

Quincy Quill reports on local business, new openings, and economic development in Plano.

Related Stories

More in Plano