Presently, Derek M. DiRisio is President at PSEG Services Corp., Controller at PSE&G Transition Funding LLC and Controller of PSE&G Transition Funding II LLC.

He is also on the board of Drew University and PSEG Power LLC.

In the past he held the position of Chief Accounting Officer, VP & Controller at Public Service Enterprise Group, Inc. Chief Accounting Officer, VP & Controller for Public Service Electric & Gas Co. and Vice President & Controller for PSEG Energy Holdings LLC (both are subsidiaries of Public Service Enterprise Group, Inc.) and Principal at The Chase Manhattan Bank NA.

He received an MBA and an undergraduate degree from Rutgers State University of New Jersey.