Gabel Associates Announces Leadership Transition As Founder Steven Gabel Shifts from President to Advisory Role After 32 Years

Isaac Gabel-Frank & Mike Borgatti Named Co-CEOs, Holly Reed Named COO

HIGHLAND PARK, N.J., April 11, 2025 /PRNewswire/ -- After 32 years of leadership, Steven (Steve) Gabel, Founder and President of Gabel Associates, has selected Isaac Gabel-Frank and Mike Borgatti to succeed him as Co-Chief Executive Officers (CEOs) of the industry-leading energy and utility consultancy. Holly Reed, a 25-year veteran of the firm, will take over operational responsibilities as its Chief Operating Officer (COO). Steve, who founded Gabel Associates in 1993, will continue to support the firm's clients in a senior advisory and special projects role when the leadership transition is complete later this year.

"After over 30 years of dedication, passion, and perseverance, I am stepping back with immense gratitude, knowing that the firm is in the best possible hands," said Gabel. "Isaac, Mike, and Holly are uniquely positioned to lead Gabel Associates into an exciting new chapter. Their vision, commitment to innovation, and strong support for our team and clients will continue to guide our success for years to come. Working with our incredible team and clients has been the joy and pride of my professional career, and I am so grateful for their continued support and dedication to the firm."

Steve has been a changemaker in the energy industry. Over his career, which spans more than four decades, he has pioneered innovations in renewable energy, energy procurement, and regulatory and ratemaking policy in wholesale and retail markets, shaping the energy landscape through policy advocacy and supporting the development of hundreds of energy projects. Beyond his marketplace and regulatory impact, Steve mentored and developed the next generation of energy professionals, cementing Gabel Associates' reputation as a trusted industry leader and best-in-class consultancy.

"Over 30 years ago, I started this journey with a vision, and today, I pass the torch knowing that vision will continue to thrive under incredible leaders," added Gabel. "The legacy of Gabel Associates is built not just on our hard work but on the community and culture we have cultivated. I am proud of what we have accomplished, and I look forward to supporting the team in my new advisory capacity. I am grateful to our superb new leadership team and the remarkable professionals throughout the firm who have created a culture of caring, trust, and excellence which will be the foundation for even greater success."

Isaac Gabel-Frank and Mike Borgatti, both longtime leaders at Gabel Associates, bring decades of experience and a shared commitment to driving innovation and supporting the firm's talented staff.

"Mike built the firm's Wholesale Power and Market Services Division into a thriving business that has been a true difference-maker for clients throughout the country, while Isaac and his division elevated the firm's analytics and regulatory capabilities to the highest levels," added Gabel. "Our new leadership team is an exceptional group of managers with a laser focus on meeting our clients' needs and fostering employee development."

"I am honored to take on this new role with Mike and Holly and continue the incredible work Steve has built," said Gabel-Frank. "Our focus will remain on fostering teamwork, driving excellence, and supporting our team and clients at every level."

"I have had the privilege of working with Steve for nearly fourteen years, and I'm proud of all we have achieved over that time. I am gratified and humbled to have the privilege of succeeding an accomplished leader like Steve," said Borgatti. "Our goal is to build on the strong foundation he built and - along with Holly and Isaac - advance our vision of being premier leaders in our industry."

Isaac and Mike will also retain their current roles of managing their respective divisions and providing client support. 

Holly Reed, currently a Senior Vice President, will assume the role of COO, overseeing day-to-day operations and helping to implement the new leadership team's strategic vision. As Senior Vice President of Marketing and Operations, she built a highly successful marketing, proposals, and contracting team that drove the firm's sustained growth.

"It's an incredible honor to step into this new role as COO," said Reed. "I'm extremely grateful for Steve's mentorship and the ability to be part of his legacy. I'm also excited to support Mike and Isaac – two extraordinary visionaries who lead by example and empower everyone around them."    

About Gabel Associates
Gabel Associates, Inc. is a nationwide energy, environmental, and public utility consulting firm with its principal office located in Highland Park, New Jersey. For over 30 years, Gabel Associates has provided quality energy consulting services and strategic insight to its clients. The firm provides its expertise to hundreds of clients involved in every sector of the energy industry. The firm has built its reputation through its extensive knowledge of energy markets and its tailored approach to strategically advancing each client's interests. For additional information, visit www.gabelassociates.com. 

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SOURCE Gabel Associates