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PANHANDLE EASTERN PIPE LINE COMPANY NAMES NEW MARKETING VICE PRESIDENT

PANHANDLE EASTERN PIPE LINE COMPANY NAMES NEW MARKETING VICE PRESIDENT
 HOUSTON, June 22 /PRNewswire/ -- Panhandle Eastern Pipe Line Company (PEPL) (NYSE: PEL) named Steven M. Roverud vice president of marketing, effective July 1. He will replace Steven Pitner, who has resigned.
 Roverud, age 52, had been vice president of marketing and transportation for ANR Pipeline Company. At PEPL, he will report to Jim Mogg, senior vice president, marketing and gas supply.
 "We are very pleased to have Steve join our company. He is a seasoned marketing veteran with 28 years of experience in the natural gas pipeline industry," said Paul M. Anderson, president. "He will bring to PEPL a wealth of knowledge and a fresh perspective of our market and our customer's needs. His leadership will help ensure that the company's restructuring under Order 636 best meets the needs of our customers."
 Roverud began his career in the natural gas industry as an engineer with Wisconsin Gas in Milwaukee in 1964. He joined Northern Natural Gas Company in 1966 as an engineer/supervisor and worked for Northern Natural and its subsidiary, People's Natural Gas, in several marketing positions of increasing responsibility through 1983. Roverud has worked as a marketing executive with ANR and subsidiaries of its parent company, The Coastal Corporation, since 1983, when he joined ANR as vice president of marketing. During his career, he has worked for local distribution companies, marketing companies and three interstate pipeline companies.
 Roverud received a bachelor of science degree in civil engineering from the University of Minnesota in 1962 and attended the University of Michigan's Executive Management Program in 1975.
 Panhandle Eastern Pipe Line Company is a subsidiary of Panhandle Eastern Corporation, which operates one of the nation's largest interstate natural gas pipeline systems, providing natural gas to the Midwest and Northeast markets.
 -0- 6/22/92
 /CONTACT: John P. Barnett, 713-627-4072, or investors, Dorothy M. Ables, 713-627-4600, both of Panhandle Eastern Pipe Line Company/
 (PEL) CO: Panhandle Eastern Pipe Line Company ST: Texas IN: OIL SU: PER


SM -- NY028 -- 2312 06/22/92 10:47AND ASSIGNMENT EDITOR:
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Publication:PR Newswire
Date:Jun 22, 1992
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