Cascade Natural Gas Corporation Announces New Chief Operating Officer.Business & Energy Editors SEATTLE--(BUSINESS WIRE)--July 24, 2003 Cascade Natural Gas Corporation (NYSE NYSE See: New York Stock Exchange :CGC CGC Canine Good Citizen (AKC Dog Title) CGC Commission Géologique du Canada (Geological Survey of Canada) CGC Confédération Générale des Cadres (French labor union) ) today announced the appointment of William H. Odell to the newly created position of 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. as part of a reorganization of its executive management structure. Odell has been with Cascade for 17 years, beginning in the engineering group and more recently overseeing district operations, customer service, and residential and commercial sales. He received a bachelors degree in mechanical engineering from North Carolina State University History
"Will is strongly committed to excellence in both customer service and in operational efficiency. With his outstanding capabilities, I am confident that he will continue our progress in meeting aggressive performance goals," said W. Brian Matsuyama, President & 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. of Cascade. Also as part of the reorganization, Larry E. Anderson, Vice President-Safety and Engineering, and King C. Oberg, Vice President-Business Development, have been offered early retirements. "I want to commend Larry and King," said Matsuyama. "Larry oversaw much of the construction that contributed toward more than tripling Cascade's utility plant during his 29 years of service. King worked hard to grow the Company's business with industrial customers, whose gas consumption has more than doubled since he joined Cascade in 1989. The commitment and effort of both officers have been significant factors in making Cascade the solid company it is today." Cascade Natural Gas Corporation is a local distribution company providing natural gas service to about 209,000 customers in the states of Washington and Oregon. The Company is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. (NYSE:CGC). |
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