Departing FERC chairman to join energy law group

Federal Energy Regulatory Commission (FERC) Chairman Jon Wellinghoff, who announced he would resign in May, will join the law group Stoel Rives LLP.

The law firm revealed the new addition Monday, but Wellinghoff's start date is up in the air as he has yet to leave his post at FERC. The law group specializes in energy, environment and natural resources litigation.

Wellinghoff agreed to stay on until President Obama found a replacement. He spearheaded an expansion of the agency's oversight of the electric grid and various investigations into questionable trading tactics by Wall Street banks. 

"We are obviously thrilled that he is joining the firm," said Gregory Jenner, a partner at Stoel Rives. "He is a leader in the energy world and will bring a new dimension to our practice and our firm."

Wellinghoff will work primarily in San Francisco and Washington, D.C., Jenner said.

Earlier this month, Ron Binz, who was nominated by the Obama administration in June, pulled his name out of the running to lead the regulatory commission, calling the fight over his confirmation a "blood sport."