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Today, National Fuel Gas Company
announced that David F. Smith, Executive Chairman of the Board, has indicated
his intention to retire, effective April 1, 2014. Smith will continue to serve
as Chairman of the Board of Directors.
“National Fuel is today a better company for its employees, its investors, and
the customers we serve because of Dave's leadership and dedication,” said
Ronald J. Tanski, President and Chief Executive Officer. “During his five
years as CEO, Dave established the current course of the Company, focusing
attention and significant resources on development in the Marcellus Shale as
Seneca Resources Corporation's total production nearly tripled and the
Company's pipeline business commenced an historic, transformational
realignment. Under his direction, the Company continued to prioritize and
invest in pipeline safety, system reliability, and all levels of customer
service.”
Smith joined National Fuel in 1978 and had been Chief Executive Officer from
February 2008 until March 2013. He was elected to the Company's Board of
Directors in 2007 and named Chairman of the Board in 2010. During his more
than 35-year tenure with the Company he has served as President of National
Fuel Gas Supply Corporation, National Fuel Gas Distribution Corporation,
Empire Pipeline, Inc., and National Fuel Resources, Inc.
National Fuel is an integrated energy company with $6.2 billion in assets
comprised of the following five operating segments: Exploration and
Production, Pipeline and Storage, Gathering, Utility, and Energy Marketing.
Additional information about National Fuel is available at:
www.nationalfuelgas.com or through its investor information service at
1-800-334-2188.
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