PORT HURON, Mich., June 14 /PRNewswire/ -- Mr. Bill Johnson, President and
Chief Executive Officer, Southeastern Michigan Gas Enterprises, Inc. (Nasdaq:
SMGS) announced today the appointment of Carl W. Porter as Senior Vice
President and Chief Operating Officer.
Mr. Porter is currently Vice President-Gas Utilities with Itron, Inc.
Previously Mr. Porter served as Senior Vice President of Operations at New
Jersey Natural Gas. He also completed successful assignments as Vice
President of Operations at Western Resources and Director of Technical
Services at Mich Con.
"Carl Porter has an extensive background in natural gas utility
operations. He is a technologically oriented person with outstanding people
skills. Carl will strengthen our team and provide creative leadership for our
daily operations," stated Johnson.
Mr. Porter will begin his new assignment on July 1, 1996. Carl and Mary
Kay Porter are originally from Michigan and have strong family ties throughout
the state. The Porters have two teenage children, Mark and Emily.
Mr. Johnson also announced that Mr. Rob Caldwell will become Executive
Vice President and Chief Financial Officer. Mr. Caldwell recently served as
Chief Operating Officer of the Company.
"Rob Caldwell has a strong financial background. His recent experience in
operations has greatly expanded his perspective. Rob will now be able to zero
in on our diversification and acquisition activities. He will provide
important leadership in our efforts to significantly grow the company in the
years ahead," stated Johnson.
Johnson further announced that Mr. Caldwell will resign from the Board of
Directors. In the future, the Chief Executive Officer will be the only member
of management to serve on the Board. The Board will fill the vacant seat in
the near future.
Mr. Johnson also indicated that a realignment of certain functions will
take place immediately within the organization. Human Resources, Rates,
regulatory Affairs and Gas Supply will report directly to the Chief Executive
Officer. Also, SEMCO, Enterprises' unregulated subsidiary, will report
directly to Johnson. A new public affairs department will be created in the
near future which will also report to the CEO.
"These realignments are intended to sharpen our focus as we prepare for
the new competitive environment. The changes will provide opportunity to deal
with employee issues, community leadership and regulatory matters," Johnson
explained. "I want to also direct attention to SEMCO marketing operations and
to resolution of our NOARK investment," Johnson indicated.
Southeastern Michigan Gas Enterprises is a natural gas distribution
company serving 226,000 customers in 23 counties throughout the State of
SOURCE Southeastern Michigan Gas Enterprises
CONTACT: Dolores E. Noble, Manager Investor Relations of Southeastern Michigan Gas Enterprises, 1-800-225-7647 or 1-810-987-2200 ext. 4162