KeySpan Elects Edward Travaglianti to Board of Directors.Business Editors NOTE TO MEDIA: Multimedia assets available A photo is available at URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.businesswire.com/cgi-bin/photo.cgi?pw.111202/bb8 BROOKLYN, N.Y.--(BUSINESS WIRE)--Nov. 12, 2002 KeySpan Corporation (NYSE NYSE See: New York Stock Exchange :KSE KSE Karachi Stock Exchange KSE Kuwait Stock Exchange KSE Korea Stock Exchange KSE Kernel Scheduler Entities KSE Kill Switch Engage (band) KSE Kuat Systems Engineering (Star Wars) ), the largest distributor of natural gas in the Northeast, has announced the election of Edward Travaglianti to its Board of Directors. Travaglianti, a lifetime resident of the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of area, has 32 years of commercial banking experience and was the former Chairman and Chief Executive Officer of European American Bank (EAB EAB Emerald Ash Borer (insect) EAB Environmental Appeals Board (EPA) EAB Educational Activities Board (IEEE) EAB Environmental Advisory Board EAB Egyptian American Bank ). "With the election of Ed Travaglianti, KeySpan is gaining a top, leading expert who is respected for his extensive knowledge, experience and success in the banking and finance industry," said Robert B. Catell, chairman 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. of KeySpan. "Ed's skills help diversify and accentuate an already strong group of independent board members whose vision and experience will continue to foster KeySpan's growth and create shareholder value." After EAB was acquired by Citibank in 2001, Travaglianti worked as President of the Commercial Markets Group until his retirement this past October. In 2002, Travaglianti was appointed to the Nassau County Council of Economic Advisors. He serves as Vice Chairman of the Board of Trustees board of trustees Politics The posse of thugs who oversee an institution's administration. See Board of directors. of Winthrop-University Hospital in Mineola and is a partner of the New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Partnership. He is a member of the Board of Directors of Pall Corporation, Chairman of the Board of Directors of the Long Island Association, Inc. and Chairman of the Board of the Long Island Works Coalition. Travaglianti is a member of the Board of Trustees of Long Island University and Chancellor of the University's Brooklyn Campus. Travaglianti graduated from St. Francis College in Brooklyn with a degree in Economics and completed subsequent graduate studies in Corporate Finance and Banking from New York University's Stern Graduate School of Business. He lives in Lloyd Harbor with his wife and children. Travaglianti's election brings the membership of KeySpan's Board of Directors to 10, nine of whom are outside independent directors. A member of the S & P 500, KeySpan is the largest distributor of natural gas in the Northeast, with 2.5 million gas customers and more than 12,000 employees. KeySpan is also the largest investor-owned electric generator in New York State and operates Long Island's electric system serving 1.1 million customers. With headquarters in Brooklyn, Boston and Long Island, KeySpan also manages a dynamic portfolio of service companies. They include: KeySpan Energy Delivery, the group of regulated natural gas utilities; KeySpan Home Energy Services, an energy product, repair and service company for residential and small commercial customers; and KeySpan Business Solutions, a full-service energy product, repair and services company for business customers. KeySpan also has strategic investments in natural-gas exploration, production, pipeline transportation, distribution and storage, Canadian gas-processing and fiber-optic cable. KeySpan is traded 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. under the symbol "KSE." For more information about the company, visit KeySpan's web site at: http://www.keyspanenergy.com Note: A photo is available at URL: http://www.businesswire.com/cgi-bin/photo.cgi?pw.111202/bb8 |
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