TULSA,
Okla., Nov. 16, 2023 /PRNewswire/ -- ONE Gas,
Inc. (NYSE: OGS) today announced that after a 25-year career
in finance and executive leadership, Caron
A. Lawhorn has decided to retire as the company's chief
financial officer effective Dec. 31,
2023. The ONE Gas Board of Directors has elected
Christopher P. Sighinolfi, vice
president of corporate development, investor relations and
sustainability, to succeed Lawhorn as senior vice president and
chief financial officer, effective January
1, 2024.
"Caron is a highly respected leader both inside and outside our
company, using her expertise to help shape our strategy and
maintain the financial strength and flexibility needed to create
long-term value for our stakeholders," said Chief Executive Officer
Robert S. McAnnally. "Caron has done
an incredible job leading our financial organization and is leaving
it very well-positioned to move forward. On a personal note, I want
to thank Caron for her tireless dedication, sound judgment and
steadfast leadership."
"I am honored to have been part of such a great leadership team
and to have had the privilege of working alongside so many
wonderful people throughout the company. It's gratifying to look
back at all the significant progress we have made since separation
in driving our growth strategy and unlocking shareholder value
while keeping a relentless focus on operating safely," said
Lawhorn. "I believe ONE Gas is positioned well with a long runway
of growth ahead."
Sighinolfi will serve as a member of ONE Gas' executive
leadership team and oversee the finance function, including
accounting, tax, treasury, financial planning and analysis,
investor relations and audit services.
"Chris has a deep understanding of the financial environment,
our industry and our organization and has played a key role in
developing and executing our strategy since joining the company,"
said McAnnally. "He has been a key advisor to our finance team and
I am confident that his experience and leadership capabilities will
help ensure ONE Gas continues to drive improved operating
performance and disciplined execution of our growth strategy."
Sighinolfi joined the company in 2021 and has been responsible
for identifying and evaluating business investment opportunities,
including asset acquisitions and divestitures, market development
and customer programs and services. He also oversees the company's
investor relations and sustainability efforts. Before joining ONE
Gas, he was managing director of U.S. Equity Research for Jefferies
Financial Group. He was responsible for coverage of natural gas
utilities, midstream companies, independent U.S. refineries and
energy Master Limited Partnerships.
He is a CFA Charterholder and holds a bachelor's degree in
philosophy, politics and economics from the University of Pennsylvania, where he graduated with
distinction.
About ONE Gas, Inc.
ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas
utility, and trades on the New York Stock Exchange under the symbol
"OGS." ONE Gas is included in the S&P MidCap 400
Index and is one of the largest natural gas utilities in
the United States.
Headquartered in Tulsa,
Oklahoma, ONE Gas provides a reliable and affordable energy
choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas
Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in
Oklahoma; and Texas Gas Service,
the third largest in Texas, in
terms of customers.
For more information and the latest news about ONE Gas, visit
onegas.com and follow its social channels: @ONEGas, Facebook,
LinkedIn and YouTube.
Analyst Contact:
|
Erin Dailey
918-947-7411
|
Media Contact:
|
Leah Harper
918-947-7123
|
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SOURCE ONE Gas, Inc.