AGL Resources Elects Two Directors; Appoints Kevin P. Madden As Executive Vice President of Legal, Regulatory and Governmental Strategy
Madden Leaves Federal Energy Regulatory Commission to Take Key Role With AGLR
The Board of Directors of AGL Resources Inc.
Ms. Osar is senior vice president and chief financial officer of Westvaco Corporation, a global manufacturer of packaging, paper and specialty chemicals. She joined Westvaco in 1999 after serving for six years as vice president and treasurer of Tenneco, Inc. Before joining Tenneco, Ms. Osar was a managing director in the banking group at J.P. Morgan & Company. She lives in Westchester County, New York.
Mr. Rubright is chairman and chief executive officer of Rock-Tenn Company, a manufacturer of packaging and recycled paperboard products. Before joining Rock-Tenn, he served as executive vice president of Sonat, Inc., a diversified energy company headquartered in Birmingham, Ala. Prior to 1994, Rubright was a partner with the law firm of King & Spalding in Atlanta, Ga. He is a resident of Atlanta.
Mr. Madden joins AGL Resources from the Federal Energy Regulatory Commission (FERC), where he serves as general counsel. As chief legal officer, Mr. Madden oversees the development of all legal and regulatory policies for the Commission.
A distinguished figure in the legal, policy and regulatory sectors, Madden's tenure with the Commission included the roles of deputy director, Office of Markets, Tariffs and Rates; director, Office of Pipeline Regulation; and director, Office of Hydropower Licensing. Mr. Madden also has served in a number of legal, policy and management positions at the Commission, including chief of staff. His experience includes primary responsibility for crafting and implementing such landmark federal regulatory decisions as Order Nos. 636, 637, 888 and 2000, which resulted in the restructuring of the natural gas and electric utility industries across the nation.
In other actions, the company's board elected Richard T. O'Brien, senior vice president and chief financial officer, to executive vice president and chief financial officer. In addition, Melanie M. Platt, vice president, investor relations and business support, was elected to senior vice president, business support and corporate secretary. Clayton H. Preble, who has served as senior vice president of external affairs, has accepted a special assignment overseeing AGLR's investments in SouthStar Energy Services and Heritage Propane.
"With Karen and Jim joining our Board, we gain two professionals with keen insight and experience in creating growth and strengthening shareholder value," said Paula G. Rosput, president and chief executive officer of AGL Resources Inc. "These additions to the Board come as a result of a nationwide search. Both Karen and Jim have extensive financial structuring and energy industry background that will be invaluable to the company as we continue our growth strategy."
"We are thrilled to have Kevin Madden, who has been a dominant force in the energy industry, join the AGL team," added Rosput. "Over the past two decades, Kevin has been in the front and center of all the key energy regulatory initiatives undertaken in this country. He is uniquely qualified to lead our governmental and regulatory efforts and I feel sure that his leadership will differentiate AGL in the years ahead." Rosput noted, "With the totality of the executive and Board changes we've announced today, I'm confident that we have the team in place to take the company to the next level of achievement."
AGL Resources Inc. is a regional holding company for energy and infrastructure related businesses in the Southeast. The company is the second-largest natural gas-only distribution company in the United States and serves more than 1.8 million customers throughout Georgia; Chattanooga, Tennessee; and southeastern Virginia. AGL Resources also is engaged through subsidiaries and partnerships in other businesses, including telecommunications, retail energy marketing, wholesale energy services, and wholesale and retail propane sales. More information about the company is available on the Internet at http://www.aglresources.com/ .
SOURCE: AGL Resources Inc.
Contact: investors, L. Stephen Cave, Director, Investor Relations,