Gas Natural Inc. Names Vince Parisi as Chief Counsel and Todd DiSanto as Internal Auditor

Appointments further strengthen Company's leadership and ability to drive growth

Jul 27, 2015, 06:55 ET from Gas Natural Inc.

MENTOR, Ohio, July 27, 2015 /PRNewswire/ -- Gas Natural Inc. (NYSE MKT: EGAS) (the "Company"), a holding company operating local natural gas utilities serving approximately 68,000 customers in six states, announced today that it has named Vince Parisi as Chief Counsel and Todd DiSanto as Internal Auditor.  These appointments further strengthen Gas Natural's leadership team and its ability to execute its growth plans while continuing to focus on improving its relationships with regulators and fortifying its internal control framework.  Mr. Parisi joined the Company in July 2015 and Mr. Di Santo will do so in August 2015.

Mr. Gregory J. Osborne, President and Chief Executive Officer of Gas Natural, commented, "These new positions enable us to drive our growth plans, reinforce controls and accountability and also control costs.  Vince comes to Gas Natural with significant utility industry experience across all disciplines including regulation, governance and government relations.  In addition, we expect his merger and acquisition expertise to be beneficial as we expand through prudent investments in current and new underserved markets.  We have great confidence in Todd's capability to establish our internal audit function given his extensive experience with internal audit and controls in a much larger organization combined with his proficiency in Sarbanes-Oxley compliance."

Mr. Parisi joins Gas Natural from IGS Energy, an independent multi-state natural gas and electricity supplier, where he served as General Counsel, Vice President National Regulatory and Legislative Policy for 12 years with responsibility for all legal, corporate governance, and regulatory matters.  Prior to IGS Energy, he was in private practice with the law firm of Chester, Willcox & Saxbe, LLP where he specialized in corporate litigation, work-outs and corporate law.  Mr. Parisi holds a Juris Doctorate, Magna Cum Laude, from the Capital University Law School, a LLM Business and Tax degree from Capital University, and a Bachelors degree in Economics from The Ohio State University.  

Mr. DiSanto comes to Gas Natural from Associated Estates Realty Corporation, a multifamily real estate investment trust (REIT), where he spent 17 years, most recently serving as Director of Internal Audit.  He began his career as a staff accountant at the Cleveland Plant and Flower Company, one of the largest wholesale floral products distributors in the US.  Mr. DiSanto is a Certified Public Accountant and a Certified Fraud Examiner.  He holds a Bachelor of Science in Business Administration degree in Accounting from Cleveland State University.

About Gas Natural Inc.
Gas Natural Inc., a holding company, distributes and sells natural gas to end-use residential, commercial, and industrial customers.  It distributes approximately 26 billion cubic feet of natural gas to approximately 68,000 customers through regulated utilities operating in Montana, Ohio, Pennsylvania, Maine, North Carolina and Kentucky.  The Company's other operations include interstate pipeline, natural gas production, and natural gas marketing.  The Company's Montana public utility was originally incorporated in 1909.  Its strategy for growth is to expand throughput in the Maine and North Carolina markets, while looking for acquisitions that are either adjacent to its existing utilities or in under saturated markets.  Gas Natural Inc. regularly posts information on its website at www.egas.net.

Safe Harbor Regarding Forward-Looking Statements
The Company is including the following cautionary statement in this release to make applicable and to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 for any forward-looking statements made by, or on behalf of, Gas Natural Inc. Forward-looking statements are all statements other than statements of historical fact, including, without limitation, those that are identified by the use of the words "anticipates," "estimates," "expects," "intends," "plans," "predicts," "believes" and similar expressions. Such statements are inherently subject to a variety of risks and uncertainties that could cause actual results to differ materially from those expressed. Factors that may affect forward-looking statements and the Company's business generally include but are not limited to the Company's ability to successfully integrate the operations of the companies it has recently acquired and consummate additional acquisitions, the Company's continued ability to make dividend payments, the Company's ability to implement its business plan, fluctuating energy commodity prices, the possibility that regulators may not permit the Company to pass through all of its increased costs to its customers, changes in the utility regulatory environment, wholesale and retail competition, the Company's ability to satisfy its debt obligations, including compliance with financial covenants, weather conditions, litigation risks, and various other matters, many of which are beyond the Company's control, the risk factors and cautionary statements made in the Company's public filings with the Securities and Exchange Commission, and other factors that the Company is currently unable to identify or quantify, but may exist in the future. Gas Natural Inc. expressly undertakes no obligation to update or revise any forward-looking statement contained herein to reflect any change in Gas Natural Inc.'s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.

For more information, contact:



Gas Natural Inc.

Investor Relations: 

James E. Sprague
Chief Financial Officer

Deborah K. Pawlowski / Karen L. Howard
Kei Advisors LLC

Phone:  (216) 202-1564

Phone:  (716) 843-3908 / (716) 843-3942

Email:  jsprague@egas.net

Email:  dpawlowski@keiadvisors.com  /
khoward@keiadvisors.com

 

SOURCE Gas Natural Inc.



RELATED LINKS

http://www.egas.net