CINergy names president of two business units.CINCINNATI--(BUSINESS WIRE)--Jan. 9, 1995--CINergy Corp. (NYSE NYSE See: New York Stock Exchange :CIN CIN cervical intraepithelial neoplasia. Cervical intraepithelial neoplasia (CIN) A term used to categorize degrees of dysplasia arising in the epithelium, or outer layer, of the cervix. ) has appointed William J. Grealis president of the corporation's gas business unit and president of CINergy Investments, effective January 16, 1995. Grealis comes to CINergy from Akin, Gump, Strauss, Hauer & Feld in Washington, D.C., where he has been a partner since 1978. He has represented numerous gas businesses including interstate pipelines, producers and local distribution companies and has also managed major ventures in energy-related businesses. He has also assisted clients with matters before the Overseas Private Investment Corporation and the U.S. Export-Import Bank Export-import Bank (Ex-IM Bank) The U.S. federal government agency that extends trade credits to U.S. companies to facilitate the financing of U.S. exports. . As president of CINergy Investments, Grealis will be responsible for the non-regulated businesses of the company in the U.S. and internationally. In 1992, he served as interim president of PSI Investments, which has been merged into CINergy Investments. John Mutz, who was interim president of CINergy Investments, will become vice chairman and continue to serve as a director of CINergy Investments. In the gas area, Grealis will be responsible for all of The Cincinnati Gas & Electric Company's gas operations, which will be operated as a separate business unit. In both instances, he will report to James E. Rogers, vice chairman, president, and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of CINergy. ``Bill Grealis is an excellent addition to our management team. He brings strong analytical, leadership, and people skills to our non-regulated and gas business units, which are key parts of the CINergy business strategy,'' said Rogers. ``Bill has an excellent understanding of competitive changes that have revolutionized the gas industry and will lend that expertise to our operations as we develop new competitive strategies.'' Grealis, a native of Cleveland, Ohio "Cleveland" redirects here. For the Cleveland metropolitan area, see . For other uses, see Cleveland (disambiguation). Cleveland is a city in the U.S. state of Ohio and the county seat of Cuyahoga County, the most populous county in the state. , received a B.A. degree from Ohio University Ohio University, main campus at Athens; state supported; coeducational; chartered 1804, opened 1809 as the first college in the Old Northwest. There are additional campuses at Chiillicothe, Lancaster, and Zanesville, as well as facilities throughout the state. in 1967 and a J.D. degree from the University of Akron Enrollment in fall 2006 was 23,539 students.[1] The school offers more than 200 undergraduate degrees [2] and 100 graduate degrees [3]. The University's best-known program is its College of Polymer Science and Polymer Engineering, which is located in a in 1972, where he was associate editor of the University of Akron Law Review. From 1972 to 1977, he was on the staff of the Federal Power Commission, the predecessor to the Federal Energy Regulatory Commission The Federal Energy Regulatory Commission (FERC) is the United States federal agency with jurisdiction over electricity sales, wholesale electric rates, hydroelectric licensing, natural gas pricing, and oil pipeline rates. . CINergy Corp. is the parent company of The Cincinnati Gas & Electric Company and PSI Energy, Inc. The combined companies serve approximately 1.3 million electric customers and 420,000 gas customers in a 25,000 square mile area of Ohio, Indiana and Kentucky. CONTACT: CINergy Corp.
Media - Steve Brash, 513/287-2226 (w)
513/231-6895 (h)
Angeline Protogere, 317/838-1338 (w)
317/298-3090 (h)
Investor - Renae Conley, 317/838-1157 or
513/287-4009
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