Millennium Pipeline Names Industry Veterans to Lead Company
Rocco D'Alessandro Named President, Stanley Brownell Named Senior Vice
President of Commercial Operations
PEARL RIVER, N.Y., May 30, 2012
PEARL RIVER, N.Y., May 30, 2012 /PRNewswire/ --Millennium Pipeline Company,
L.L.C. today announced two leadership changes to further position the
company's focus on safety, operational excellence and customer service.
Rocco D'Alessandro has been named President of the company and Stanley
Brownell has been promoted to Senior Vice President of Commercial Operations
effective May 29, 2012.
D'Alessandro has worked in the energy industry for more than 30 years and is a
seasoned veteran in the natural gas business. Most recently he served as
Executive Vice President of Operations for Nicor Gas, the largest natural gas
distribution company in Illinois, serving 2.2 million customers. In that
capacity, he was accountable for delivering safe, reliable and cost-effective
service to customers, including customer care, gas distribution, field
operations, administration, engineering, gas supply and transmission and
Brownell has more than 25 years of experience in the natural gas industry and
served as Vice President of Business Development at Millennium for the past
three years. Prior to joining Millennium, he was Head of Market Development
and Trading for Harken Energy. At Harken Energy, he was responsible for
market development of standard and renewable energy projects, hedging
strategies and the creation of Harken Energy Management and Investments
(Hemi), a wholly owned trading subsidiary. Prior to joining Harken Energy,
Brownell held executive and managerial positions with energy companies
participating in the upstream exploration, production, transportation and
marketing of natural gas.
"Rocco's experience with safety, operational excellence and customer service,
coupled with Stan's market development and marketing experience make them
great fits for Millennium Pipeline," said Millennium Chairman Joseph P.
Shields. "We look to their leadership as we continue to position our system to
meet the needs of a changing market and deliver natural gas safely and
reliably across the Northeast."
D'Alessandro holds a bachelor's degree in accounting from Illinois State
University and a master's degree in business administration from Illinois
Benedictine College. He will be relocating to the New York area with his wife
Brownell holds a bachelor's degree in mathematics from Michigan Technological
University and a master's degree in business administration from the
University of Houston. In addition, he holds a Series 3 Commodity Trading
License and a Certificate of Civil Mediation from the New Jersey Association
of Professional Mediators.
Millennium Pipeline is a New York based interstate natural gas pipeline
serving the Northeast. Millennium is anchored by its customers National Grid,
Consolidated Edison of New York, Central Hudson Gas and Electric Corporation
and Columbia Gas Transmission L.L.C. It is jointly owned by affiliates of
NiSource Inc., National Grid and DTE Energy.
About NiSource, National Grid and DTE Energy:
NiSource Inc. (NYSE: NI), based in Merrillville, Ind., is a Fortune 500
company engaged in natural gas transmission, storage and distribution, as well
as electric generation, transmission and distribution. NiSource operating
companies deliver energy to 3.8 million customers located within the
high-demand energy corridor stretching from the Gulf Coast through the Midwest
to New England. Information about NiSource and its subsidiaries is available
via the Internet at www.nisource.com.
National Grid (NYSE: NGG) is an international energy delivery company. In the
US, National Grid delivers electricity to approximately 3.3 million customers
in Massachusetts, New Hampshire, New York and Rhode Island, and manages the
electricity network on Long Island under an agreement with the Long Island
Power Authority (LIPA). It is the largest distributor of natural gas in the
northeastern U.S., serving approximately 3.4 million customers in
Massachusetts, New Hampshire, New York and Rhode Island. National Grid owns
over 4,000 megawatts of contracted electricity generation that provides power
to over one million LIPA customers. Information about National Grid is
available at www.nationalgrid.com.
DTE Energy (NYSE: DTE) is a Detroit-based diversified energy company involved
in the development and management of energy-related businesses and services
nationwide. Its operating units are Detroit Edison, an electric utility
serving 2.2 million customers in Southeastern Michigan, and MichCon, a natural
gas utility serving 1.3 million customers in Michigan and other non-utility,
energy businesses focused on gas pipelines and storage, coal transportation,
unconventional gas production and power and industrial projects. Information
about DTE Energy is available at www.dteenergy.com.
This news release contains forward-looking statements within the meaning of
federal securities laws. These forward-looking statements are subject to
various risks and uncertainties. Thefactors that could cause actual results
to differ materially from the projections, forecasts, estimates and
expectations discussed herein include, among others things, risks associated
with contract termination rights, increased competition in deregulated energy
markets, weather, fluctuations in supply and demand for energy commodities,
growth opportunities, dealings with third parties over whom Millennium has no
control, actual operating experience, the regulatory process, regulatory and
legislative changes, changes in general economic, capital and commodity market
conditions, and counter-party credit risk, many of which are beyond the
control of Millennium. Readers are cautioned not to place undue reliance on
these forward-looking statements, which speak only as of the date of this news
release. Millennium does not undertake any obligation to publicly release any
revision to these forward-looking statements to reflect events or
circumstances after the date of this news release.
SOURCE Millennium Pipeline Company, L.L.C.
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