El Paso Corp. (ticker: EP, exchange: New York Stock Exchange (.N))
News Release -
1-May-2006
Dane E. Whitehead Named El Paso Exploration & Production Chief Financial OfficerHOUSTON, May 1, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- El Paso Corporation (NYSE: EP)
announced today that Dane E. Whitehead joined El Paso Exploration & Production
as chief financial officer effective today. Reporting to President Lisa
Stewart, he will be responsible for Exploration & Production's financial,
accounting, IT, and risk functions.
Whitehead had more than 13 years of tenure at Burlington Resources, Inc.,
which he joined in 1993 as Internal Audit manager. There he held various
positions of increasing responsibility, most recently serving as vice
president, controller, and chief accounting officer. Prior to Burlington, he
was with Coopers & Lybrand.
"We are pleased to welcome Dane to the team," said Stewart. "He brings a
wealth of experience to his new job and extensive knowledge of internal
controls, accounting and auditing standards, Sarbanes-Oxley compliance, and
strategy that will be invaluable as we grow our business. We are confident
that Dane will provide the strong financial oversight and leadership that we
need to create significant value for El Paso's shareholders."
El Paso Corporation provides natural gas and related energy products in a
safe, efficient, and dependable manner. The company owns North America's
largest natural gas pipeline system and one of North America's largest
independent natural gas producers. For more information, visit
http://www.elpaso.com .
Cautionary Statement Regarding Forward-Looking Statements
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,
including, without limitation, the ability to implement and achieve our
objectives in our 2006 plan; our ability to retain and attract qualified
officers; the uncertainties associated with governmental regulation;
competition; and other factors described in the company's (and its
affiliates') Securities and Exchange Commission filings. While the company
makes these statements and projections in good faith, neither the company nor
its management can guarantee that anticipated future results will be achieved.
Reference must be made to those filings for additional important factors that
may affect actual results. The company assumes no obligation to publicly
update or revise any forward-looking statements made herein or any other
forward-looking statements made by the company, whether as a result of new
information, future events, or otherwise.
SOURCE El Paso Corporation
Investor and Public Relations, Bruce L. Connery, Vice President, +1-713-420-5855, or
fax, +1-713-420-4417, or Media Relations, Chris Jones, Manager, +1-713-420-4136, or
fax, +1-713-420-4417, both of El Paso Corporation
http://www.prnewswire.com
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