EVANSVILLE, IN--(Marketwire - March 3, 2010) - Vectren Corporation (
NYSE:
VVC) announced
today the election of retired utility executive James H. DeGraffenreidt,
Jr., to its board of directors. DeGraffenreidt served as chairman and CEO
of WGL Holdings, Inc. (WGL), the parent company of Washington Gas Light
Company, from October 2001 to October 2009.
In addition to his 23 years of service within WGL and Washington Gas Light
Company, DeGraffenreidt also served as chairman of the American Gas
Association in 2007 and is the immediate past co-chair of the Alliance to
Save Energy.
"We are very pleased to welcome an esteemed colleague from the energy
industry like James to our board of directors," said Vectren Chairman and
CEO Niel Ellerbrook. "His experience and proven business leadership will
undoubtedly serve our shareholders well."
The Brooklyn native received his doctor of jurisprudence and master of
business administration degrees from Columbia University and his bachelor's
degree from Yale College. Washington Gas Light Company is a natural gas
utility serving more than one million customers in the Washington, D.C.
metropolitan area.
Vectren also announced current board members John Dunn, 72, and Richard
(Rick) Rechter, 70, will retire from the board of directors effective May
19, 2010. Dunn, chairman of the board and CEO of Dunn Hospitality Group,
Ltd., has served as a director for the company and its predecessor since
1996. Rechter, chairman of the board of Rogers Group, Inc., has served on
the board of the company and its predecessor since 1984.
"John and Rick's guidance and distinguished leadership have been
instrumental to Vectren's growth and success over the years," added
Ellerbrook. "On behalf of Vectren and my fellow board members, we extend
our heartfelt thanks to them for their invaluable service and wish them
well in their retirement."
About Vectren
Vectren Corporation (
NYSE:
VVC) is an energy holding company headquartered
in Evansville, Ind. Vectren's energy delivery subsidiaries provide gas
and/or electricity to more than one million customers in adjoining service
territories that cover nearly two-thirds of Indiana and west central Ohio.
Vectren's nonutility subsidiaries and affiliates currently offer
energy-related products and services to customers throughout the Midwest
and Southeast. These include gas marketing and related services; coal
production and sales; and energy infrastructure services. To learn more
about Vectren, visit
http://www.vectren.com.
Contact Information: Media contact:
Chase Kelley
(812) 491-4128