National Fuel Announces Election of New Directors at Annual Meeting of Stockholders

WILLIAMSVILLE, N.Y.--()--Today, at the National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE:NFG) Annual Meeting of Stockholders, Ronald J. Tanski, Ronald W. Jibson and Jeffrey W. Shaw were elected as new directors for terms that expire in 2017. The services of Robert T. Brady and Rolland E. Kidder concluded at this meeting, in accordance with the provisions of the Company’s Corporate Governance Guidelines.

Ronald J. Tanski has been President and Chief Executive Officer of National Fuel Gas Company since March 2013. Tanski joined the Company in 1979 and has served in a variety of positions in both the regulated and non-regulated businesses. In June 2010, he was named President and Chief Operating Officer of National Fuel Gas Company. From 2004 to 2010, Tanski was Treasurer and Principal Financial Officer of the Company. From 2008 to 2010, he also served as President of National Fuel Gas Supply Corporation, and prior to that he served as President of National Fuel Gas Distribution Corporation. His experience also includes management tenures at Seneca Resources Corporation in Houston, Texas; Empire Exploration, Inc., the Company’s Appalachian exploration and production subsidiary whose operations were merged with Seneca Resources in 1994; and Horizon Energy Development, Inc., National Fuel’s energy-project development subsidiary, which was sold in 2010. A board member of the Interstate Natural Gas Association of America (INGAA), Tanski holds a bachelor’s degree in biology, a master’s degree in business administration and a juris doctor degree from the State University of New York at Buffalo.

Ronald W. Jibson has been Chairman of the Board of Questar Corporation (“Questar”) since July 2012 and President and Chief Executive Officer since June 2010. Additionally, he serves as President and CEO of Questar Gas Company, a natural gas utility, and Wexpro Company, an exploration and production subsidiary, and is Chairman of Questar Pipeline Company. Since 2010, Jibson has been a member of Questar’s Board of Directors. Throughout his 33-year career, Jibson has held various positions at Questar, including Senior Vice President, Executive Vice President, General Manager of Operations and Director of Engineering. He is currently Chairman of the Board of the American Gas Association and past Chairman of the Western Energy Institute. He also serves on the board of IDACORP, Inc. and the Gas Technology Institute, along with his many other civic involvements. A licensed engineer, Jibson received his bachelor’s degree in engineering from Utah State University and a master’s degree in business administration from Westminster College.

Jeffrey W. Shaw has been President and Chief Executive Officer of Southwest Gas Corporation (“Southwest”) since July 2012. He was named Chief Executive Officer and a director of Southwest in 2004 and held numerous high-level positions within the organization, including Director of Internal Audit, Controller and Chief Accounting Officer, Vice President/Controller and Chief Accounting Officer, Vice President and Treasurer, Senior Vice President/Finance and Treasurer, Senior Vice President Gas Resources and Pricing, and President. Prior to joining Southwest in May 1988, Shaw worked for Arthur Anderson & Co. in the Dallas and Las Vegas offices. A member of the boards of the American Gas Association and the UNLV Foundation, Shaw is past President of the Western Energy Institute. He has numerous other professional and community involvements, holds a bachelor’s degree in accounting from the University of Utah, and is a certified public accountant.

“Having Ron Tanski, Ronald Jibson and Jeffrey Shaw join our Board of Directors is a continuation of National Fuel’s long-standing practice of bringing the highest quality talent to our Company. Each individual brings a deep knowledge and insight into the dynamics and trends of the highly complex energy industry as well as recognized accomplishments in fostering progress and tactical advancement for their own organizations. I know that Ron, Ronald and Jeffrey will make significant contributions to our strategic growth and to increasing shareholder value,” said David F. Smith, National Fuel’s Executive Chairman of the Board.

Smith continued, “National Fuel has benefited greatly from both Bob Brady and Rollie Kidder’s reasoning and experience throughout their years as members of our Board. I and the Board thank Bob and Rollie for their work on behalf of the Company and extend our deep appreciation for their strong leadership and valuable contributions.”

National Fuel is an integrated energy company with $6.3 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.

Contacts

National Fuel Gas Company
Analyst:
Timothy Silverstein, 716-857-6987
or
Media:
Karen L. Merkel, 716-857-7654

Ronald J. Tanski was elected as a new director for a term that expires in 2017. (Photo: Business Wire)

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Contacts

National Fuel Gas Company
Analyst:
Timothy Silverstein, 716-857-6987
or
Media:
Karen L. Merkel, 716-857-7654