NW Natural's Directors Approve Senior Management Promotions
PORTLAND, OR -- (Marketwire) -- 03/01/13 -- The Board of Directors
of Northwest Natural Gas Company (NYSE: NWN), dba NW Natural,
announced it has approved several senior management promotions
David H. Anderson has been promoted to executive vice president of
Operations and Regulation. Anderson has served as NW Natural's senior
vice president and chief financial officer since 2004. Prior to
joining the company, Anderson served as senior vice president and
chief financial officer for TXU Gas and controller for TXU
"David will now be responsible for the bulk of day-to-day operations
of the company and will continue to report directly to me," said
Gregg Kantor, NW Natural president and CEO. "David has shown over the
last nine years that he has the experience and skills to add great
value to the company's core operations."
The board made two other senior management appointments. Stephen P.
Feltz was promoted to senior vice president and chief financial
officer; and C. Alex Miller was promoted to treasurer. Miller will
also retain his responsibilities as vice president of regulation.
Feltz has been with the company since 1982 in accounting and finance
senior management positions, serving as treasurer and controller
since 1999. Miller served as vice president of business development
at PacifiCorp and president of Edison Source, a subsidiary of Edison
International, prior to joining NW Natural as director of rates and
regulatory affairs in 2002.
In addition, Brody J. Wilson was promoted to acting controller.
Wilson was senior manager in the assurance practice of
PricewaterhouseCoopers LLP prior to joining NW Natural as accounting
director in 2012.
"We are pleased to fill these critical positions from within the
organization," said Kantor. "For 154 years NW Natural has
successfully navigated challenges and seized opportunities -- and
it's done so by being proficient at growing and nurturing a strong
leadership team. These changes are intended to continue that legacy."
About NW Natural
NW Natural (NYSE: NWN) is headquartered in
Portland, Ore., and provides natural gas service to about 686,000
customers through 14,000 miles of mains and service lines in Oregon
and southwestern Washington. It is the largest independent natural
gas utility in the Pacific Northwest and has approximately $2.8
billion in total assets. NW Natural and its subsidiaries currently
own and operate underground gas storage facilities with capacity of
approximately 31 Bcf in Oregon and California. Additional information
is available at www.nwnatural.com.
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