Cleveland, Oh., USA - June 12, 2015, Cleveland, Oh., USA - Gas Natural Inc., a holding company, announced the appointments of James P. Carney and Robert B. Johnston to its board of directors.
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Mr. Carney has nearly 35 years of experience serving in various financial positions in the utility industry. He currently is an Executive in Residence and adjunct faculty member in the Virginia Commonwealth University Department of Finance, Insurance and Real Estate where he also serves as chair of the executive committee of the Finance Advisory Council.
Mr. Carney previously served as the Vice President—Corporate Finance and Assistant Treasurer of Dominion Resources, Inc. and the Assistant Treasurer and Assistant Corporate Secretary of Virginia Electric and Power Company.
Mr. Carney holds a Master of Science in Economics degree from Purdue University and a Bachelor of Business Administration degree from Kent State University.
Mr. Johnston has over 20 years of experience in various financial and strategic roles, including having served as director for a number of publicly-traded companies. He is currently the Executive Vice President and Chief Strategy Officer of The InterTech Group, Inc.
Mr. Johnston is also the Chairman of the Board of Supremex, Inc. and a Director of Corning Natural Gas Holding Company, Span America Medical Products, Fyffes PLC and Circa Enterprises. He previously served as the Deputy Governor (Vice Chairman) and CEO of the Hudson's Bay Company.
Having previously served on the Boards of Pacific Northern Gas and the Central Vermont Public Service Corporation, Mr. Johnston has extensive governance experience with regulated utilities.
Mr. Carney and Mr. Johnston will stand for election at the Annual General Meeting of Shareholders on July 29, 2015.
W. E. Argo, a Director since 2002, and Wade F. Brooksby, a Director since 2010, will not stand for reelection at the shareholders' meeting.
In addition, Eric D. Weldele, former Chief of Staff of the Public Utility Commission of Ohio and advisor for Cox Consulting Group, will be put forth for election by the shareholders at the annual meeting as a candidate for the Board of Directors.
Mr. Weldele, Cox Consulting Group, LLC, has over 16 years of Government Affairs experience along with over 7 years of Utility expertise. He most recently served as the Chief of Staff of the Ohio Public Utilities Commission (PUCO) and on the Executive Committee of the National Association of Regulatory Utility Commissions. He was responsible for the day-to-day operations and policy oversight of the PUCO.
Prior to serving in this role, Mr. Weldele was a member of the Government Affairs and Utility Practice of Tucker, Ellis & West, LLP. ■