El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N))
News Release -
20-Jan-1998
El Paso Energy Corporation Announces Organizational ChangesHouston, Texas, January 20, 1998-El Paso Energy Corporation (NYSE:EPG) has named C. Dana Rice vice
president and treasurer of El Paso Energy Corporation, reporting to H. Brent Austin,
executive vice president and chief financial officer. Mr. Rice, 42, has served as vice
president of finance for Tennessee Gas Pipeline Company, a business unit of El Paso
Energy, since the acquisition of Tenneco Energy in December 1996. Prior to that, he was
director of accounting at El Paso Natural Gas Company. He has been with the company
since 1977. He is a certified public accountant and earned a bachelor's degree in
Business Administration from the University of Texas at El Paso.
Greg G. Gruber has been promoted to vice president of finance for
Tennessee Gas Pipeline Company, reporting to John W. Somerhalder, president of Tennessee
Gas Pipeline. Mr. Gruber, 49, has been director of financial analysis and reporting for
Tennessee Gas Pipeline since the acquisition of Tenneco Energy in December 1996. Prior to
that, he was assistant controller at Tenneco Energy. He has been with the company since
1994 and has held various financial positions in the energy industry during the past 26
years. Mr. Gruber is a certified public accountant, earned a bachelor's degree in
Accounting from the University of Kansas and a master's degree in Business
Administration from the University of Missouri at Kansas City.
El Paso Energy Corporation provides total energy solutions through
five business units: El Paso Natural Gas Company, Tennessee Gas Pipeline Company,
El Paso Field Services Company, El Paso Energy Marketing Company and
El Paso Energy International Company. With offices worldwide, the company has
operations in interstate natural gas transmission, gas gathering and processing, energy
marketing and international infrastructure development.
This release includes forward-looking
statements and projections, made in reliance on the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. The company has made every reasonable effort to
ensure that the information and assumptions on which these statements and projections are
based are current, reasonable, and complete. However, a variety of factors could cause
actual results to differ materially from the projections, anticipated results or other
expectations expressed in this release. While the company makes these statements and
projections in good faith, neither the company nor its management can guarantee that the
anticipated future results will be achieved. Reference should be made to the company's
(and its affiliates') Securities and Exchange Commission filings for additional
important factors that may affect actual results. |