Berry Petroleum Company Announces Retirement of Director John A. Hagg.BAKERSFIELD, Calif. -- Mr. John A. Hagg has retired from the Berry Petroleum Company (NYSE NYSE See: New York Stock Exchange :BRY) Board of Directors effective Aug. 30, 2005. Mr. Hagg has served on the Berry Board since 1994. Mr. Martin H. Young, Chairman of the Board, stated, "The Board of Directors is grateful for John's long service in a period of tremendous growth and diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. for the Company." Mr. Robert F. Heinemann, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , added, "John's service on the Board of Directors has been a significant part of making Berry a stronger Company over the last 12 years." Berry Petroleum Company is a publicly traded independent oil and gas production and exploitation company with headquarters in Bakersfield, California “Bakersfield” redirects here. For other uses, see Bakersfield (disambiguation). Bakersfield (pop. 323,213GR2) is one of the fastest-growing, large-population cities in the United States. . |
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