AGL Resources Announces Executive Management Appointments; Moves Will Strengthen Focus on Growth And Emerging Businesses

Apr 26, 2001, 01:00 ET from AGL Resources

    ATLANTA, April 26 /PRNewswire/ -- Consistent with its growth strategy, AGL
 Resources (NYSE:   ATG) today announced three appointments to its executive
 management team.  Susan A. McLaughlin is joining the company as Executive Vice
 President and Chief Operating Officer of AGL Resources, and President of
 Atlanta Gas Light Company.  Richard T. O'Brien has been named Senior Vice
 President and Chief Financial Officer, and Richard J. Duszynski has been
 appointed Senior Vice President of AGL Resources and President and Chief
 Executive Officer of AGL Resources' asset optimization business.  All three
 executives will report to Paula G. Rosput, President and Chief Executive
 Officer of AGL Resources.
     O'Brien replaces Donald P. Weinstein, who has decided to pursue other
 opportunities. Weinstein, a former Vice President, Planning & Development for
 Citizens Telecommunications, joined AGL Resources in November 1999.
 Commenting on the announcement, Rosput said, "Don has been a key member of our
 team during the past 18 months, bringing to bear his considerable talents in
 securing our Virginia Natural Gas acquisition, which is accretive to earnings
 within the first year.  His skills have helped our company grow, and I am sure
 he will continue to meet great success."
     In her new role, McLaughlin will oversee the day-to-day operations of AGL
 Resources' regulated gas distribution activities -- Atlanta Gas Light Company,
 Chattanooga Gas Company, and Virginia Natural Gas, as well as AGL Resources'
 business support functions, including information technology, marketing, and
 construction.  She also will serve as Rosput's strategic partner in pursuing
 operational excellence in all company operations, as well as shaping the
 company's strategic business direction.
     McLaughlin brings to AGL Resources more than 20 years of senior management
 experience.  Her most recent position was President of Consumer Services at
 BellSouth Telecommunications, Inc., BellSouth's largest business ($8 billion
 in revenue).  Before that, she held a number of key executive positions at
 Eastman Kodak Company both in general and financial management, all of which
 focused in some capacity on operational excellence.  While at Kodak,
 McLaughlin served as Vice President and Chief Operating Officer of Eastman
 Kodak Company's Professional Division, where she managed the worldwide
 operations (including sales, manufacturing, logistics and service) of Kodak's
 second largest business.  Other key positions during her 11-year tenure
 include President, Kodak Imaging Services, and General Manager, US Operations.
     O'Brien joins AGL Resources from Mirant (formerly Southern Energy, Inc.)
 and is an accomplished executive with 15 years of senior level financial and
 operational experience in the energy, power and electric utility businesses.
 At Mirant, he served as Vice President, Mirant, and President, Mirant Capital
 Management.  In this capacity, he established the company's venture capital
 business, focusing on venture capital investments in the energy and power
 sector.  He also was responsible for implementing risk management policies for
 Mirant's worldwide operations.  Prior to working at Mirant, O'Brien held
 several key executive positions during his 16-year tenure with PacifiCorp:
 Executive Vice President and Chief Operating Officer; Senior Vice President
 and Chief Financial Officer; and Vice President-Finance.  He brings to his new
 role broad experience in the capital markets, in mergers and acquisitions, and
 in providing executive oversight of trading and risk management.
     Duszynski enjoys an extensive background in the oil and energy trading
 industry.  Most recently, he worked at Management Advisors, where he served as
 a principal consultant in business development and mergers and acquisitions.
 Other previous career positions include: President, World Wide Salt Business
 for the Harris Chemical Group, Inc.; Executive Vice President for Duke Energy
 North America, a subsidiary of Duke Energy Corporation, and 13 years with
 Basis Petroleum, a wholly-owned oil refining subsidiary of Salomon Inc., and
 an affiliate of Phibro Energy, Inc., where he served as Senior Vice President,
 Planning & Business Development, and Senior Vice President, Refining,
 respectively.
     In his new role as head of AGL Resources' asset optimization business,
 Duszynski will oversee an operation involved in the spot wholesale natural gas
 market to capitalize on the underlying economic value of the capacity in the
 Southeast on behalf of AGL Resources companies and third parties.
     "As we enter our company's next phase, it is clear that our business
 demands a seasoned management team that can identify emerging market
 opportunities and capture them," Rosput said.  "I am thrilled that AGL
 Resources has been able to attract these three extraordinary business talents
 to our organization.  With their addition to the team, I feel confident we
 will be able to achieve the next levels of business growth in our plan."
     Rosput continued by saying, "With Sue's appointment, we are expanding the
 role of the Chief Operating Officer to include functional integration of all
 of our gas distribution operations.  This expansion of scope will provide for
 greater efficiency and consistency across all of the jurisdictions in which we
 operate.  Simultaneously, in Dick, we're gaining an individual possessing
 exemplary professional depth and industry specific experience around capital
 markets and risk management.  These are very critical skills for us as we
 venture into emerging business opportunities to drive growth and create
 value."
     Rosput added, "Rick's appointment recognizes the strong skills and
 experience he possesses in the energy asset business.  He was a key asset
 manager in the early stages of deregulation in both the oil refining and power
 markets.  His knowledge of our company's systems and assets, combined with
 more than 20 years in the energy trading business, make him perfect to open up
 the Southeast natural gas markets to create liquidity."
     AGL Resources Inc. is a regional holding company for energy and
 infrastructure related businesses in the Southeast.  The company is the second
 largest natural gas-only distribution company in the United States and serves
 nearly 1.8 million customers throughout Georgia, Chattanooga, Tennessee, and
 southeastern Virginia.  AGL Resources also is engaged through subsidiaries and
 partnerships in other businesses, including telecommunications, retail energy
 marketing, wholesale energy services, and wholesale and retail propane sales.
 More information about the company is available on the Internet at
 www.aglresources.com .
 
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SOURCE AGL Resources
    ATLANTA, April 26 /PRNewswire/ -- Consistent with its growth strategy, AGL
 Resources (NYSE:   ATG) today announced three appointments to its executive
 management team.  Susan A. McLaughlin is joining the company as Executive Vice
 President and Chief Operating Officer of AGL Resources, and President of
 Atlanta Gas Light Company.  Richard T. O'Brien has been named Senior Vice
 President and Chief Financial Officer, and Richard J. Duszynski has been
 appointed Senior Vice President of AGL Resources and President and Chief
 Executive Officer of AGL Resources' asset optimization business.  All three
 executives will report to Paula G. Rosput, President and Chief Executive
 Officer of AGL Resources.
     O'Brien replaces Donald P. Weinstein, who has decided to pursue other
 opportunities. Weinstein, a former Vice President, Planning & Development for
 Citizens Telecommunications, joined AGL Resources in November 1999.
 Commenting on the announcement, Rosput said, "Don has been a key member of our
 team during the past 18 months, bringing to bear his considerable talents in
 securing our Virginia Natural Gas acquisition, which is accretive to earnings
 within the first year.  His skills have helped our company grow, and I am sure
 he will continue to meet great success."
     In her new role, McLaughlin will oversee the day-to-day operations of AGL
 Resources' regulated gas distribution activities -- Atlanta Gas Light Company,
 Chattanooga Gas Company, and Virginia Natural Gas, as well as AGL Resources'
 business support functions, including information technology, marketing, and
 construction.  She also will serve as Rosput's strategic partner in pursuing
 operational excellence in all company operations, as well as shaping the
 company's strategic business direction.
     McLaughlin brings to AGL Resources more than 20 years of senior management
 experience.  Her most recent position was President of Consumer Services at
 BellSouth Telecommunications, Inc., BellSouth's largest business ($8 billion
 in revenue).  Before that, she held a number of key executive positions at
 Eastman Kodak Company both in general and financial management, all of which
 focused in some capacity on operational excellence.  While at Kodak,
 McLaughlin served as Vice President and Chief Operating Officer of Eastman
 Kodak Company's Professional Division, where she managed the worldwide
 operations (including sales, manufacturing, logistics and service) of Kodak's
 second largest business.  Other key positions during her 11-year tenure
 include President, Kodak Imaging Services, and General Manager, US Operations.
     O'Brien joins AGL Resources from Mirant (formerly Southern Energy, Inc.)
 and is an accomplished executive with 15 years of senior level financial and
 operational experience in the energy, power and electric utility businesses.
 At Mirant, he served as Vice President, Mirant, and President, Mirant Capital
 Management.  In this capacity, he established the company's venture capital
 business, focusing on venture capital investments in the energy and power
 sector.  He also was responsible for implementing risk management policies for
 Mirant's worldwide operations.  Prior to working at Mirant, O'Brien held
 several key executive positions during his 16-year tenure with PacifiCorp:
 Executive Vice President and Chief Operating Officer; Senior Vice President
 and Chief Financial Officer; and Vice President-Finance.  He brings to his new
 role broad experience in the capital markets, in mergers and acquisitions, and
 in providing executive oversight of trading and risk management.
     Duszynski enjoys an extensive background in the oil and energy trading
 industry.  Most recently, he worked at Management Advisors, where he served as
 a principal consultant in business development and mergers and acquisitions.
 Other previous career positions include: President, World Wide Salt Business
 for the Harris Chemical Group, Inc.; Executive Vice President for Duke Energy
 North America, a subsidiary of Duke Energy Corporation, and 13 years with
 Basis Petroleum, a wholly-owned oil refining subsidiary of Salomon Inc., and
 an affiliate of Phibro Energy, Inc., where he served as Senior Vice President,
 Planning & Business Development, and Senior Vice President, Refining,
 respectively.
     In his new role as head of AGL Resources' asset optimization business,
 Duszynski will oversee an operation involved in the spot wholesale natural gas
 market to capitalize on the underlying economic value of the capacity in the
 Southeast on behalf of AGL Resources companies and third parties.
     "As we enter our company's next phase, it is clear that our business
 demands a seasoned management team that can identify emerging market
 opportunities and capture them," Rosput said.  "I am thrilled that AGL
 Resources has been able to attract these three extraordinary business talents
 to our organization.  With their addition to the team, I feel confident we
 will be able to achieve the next levels of business growth in our plan."
     Rosput continued by saying, "With Sue's appointment, we are expanding the
 role of the Chief Operating Officer to include functional integration of all
 of our gas distribution operations.  This expansion of scope will provide for
 greater efficiency and consistency across all of the jurisdictions in which we
 operate.  Simultaneously, in Dick, we're gaining an individual possessing
 exemplary professional depth and industry specific experience around capital
 markets and risk management.  These are very critical skills for us as we
 venture into emerging business opportunities to drive growth and create
 value."
     Rosput added, "Rick's appointment recognizes the strong skills and
 experience he possesses in the energy asset business.  He was a key asset
 manager in the early stages of deregulation in both the oil refining and power
 markets.  His knowledge of our company's systems and assets, combined with
 more than 20 years in the energy trading business, make him perfect to open up
 the Southeast natural gas markets to create liquidity."
     AGL Resources Inc. is a regional holding company for energy and
 infrastructure related businesses in the Southeast.  The company is the second
 largest natural gas-only distribution company in the United States and serves
 nearly 1.8 million customers throughout Georgia, Chattanooga, Tennessee, and
 southeastern Virginia.  AGL Resources also is engaged through subsidiaries and
 partnerships in other businesses, including telecommunications, retail energy
 marketing, wholesale energy services, and wholesale and retail propane sales.
 More information about the company is available on the Internet at
 www.aglresources.com .
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X56562695
 
 SOURCE  AGL Resources