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JOHN KEAN JR. NAMED EXECUTIVE VICE PRESIDENT OF NUI

 JOHN KEAN JR. NAMED EXECUTIVE VICE PRESIDENT OF NUI
 BEDMINSTER, N.J., Dec. 23 /PRNewswire/ -- John Kean, Jr., has been elected executive vice president of NUI Corporation (NYSE: NUI), the company announced today. Kean, currently vice president and chief financial officer of the company, will assume his new position on Jan. 1. Kean was elected executive vice president by the company's board of directors.
 "John's appointment as executive vice president is testimony to his success at compensation committee of the NUI Corporation Board of Directors. "For instance, under John's guidance, this fiscal year got off to a strong start with a $55 million, tax-exempt debt financing, at very favorable rates, paving the way for further expansion in New Jersey."
 Kean, 34, rejoined NUI Corporation in February from KCS Group, Inc., where he served as chief operating officer. Kean joined KCS as executive vice president in 1988 when these non-utility operations were spun off from NUI. While at KCS, he also served as chairman of KCS's underground pipe replacement division, PIM Corp., and as acting president of Energy Marketing Exchange, the gas marketing subsidiary of KCS. Prior to the KCS spin-off, Kean played a key role at NUI in the formation and execution of the company's restructuring strategy, serving as assistance vice president of strategy development, a position he assumed in 1986.
 Kean serves as a director of KCS Group, Inc., PIM Corporation, City Gas Company of Florida and of the Kean College Foundation. A graduate of Lake Forest College, Kean and his wife and three children reside in New Vernon, N.J.
 NUI Corporation, based in Bedminster, N.J., is an exempt public utility holding company engaged in the distribution of natural gas to approximately 312,000 customers through its principal operating divisions, Elizabethtown Gas Company in New Jersey and City Gas Company of Florida.
 -0- 12/23/91
 /CONTACT: Alexandra Pruner of NUI, 908-781-7815/
 (NUI) CO: NUI Corporation ST: New Jersey IN: UTI SU: PER


KD-JT -- NY045 -- 4844 12/23/91 12:40 EST
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Publication:PR Newswire
Date:Dec 23, 1991
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