National Fuel Gas Company Announces Management Change, Ronald C. Kraemer Announces Retirement Date
24 Outubro 2024 - 7:48AM
Today, National Fuel Gas Company (National Fuel or the Company)
(NYSE: NFG) announced that Ronald C. Kraemer, Chief Operating
Officer of National Fuel Gas Company and President of National
Fuel’s pipeline and storage subsidiaries, has indicated his
intention to retire effective Feb. 1, 2025, after more than 46
years with the Company.
Joseph N. Del Vecchio, Executive Vice President of
National Fuel Gas Supply Corporation, will succeed him in the role
of President of National Fuel Gas Supply Corporation and Empire
Pipeline, Inc.
“Throughout his 46-year career, Ron has served with
distinction, driving significant innovation and accomplishments
across a range of senior roles in various capacities,” said David
P. Bauer, President and Chief Executive Officer at National Fuel
Gas Company. “Ron’s impact extends far beyond National Fuel, and we
applaud him for his unwavering commitment.”
Having joined National Fuel in the management
training program in 1978, Kraemer has been employed by various
subsidiaries of National Fuel, including National Fuel Gas
Distribution Corporation, Horizon Energy Development, and the two
pipeline subsidiaries, holding numerous management and
executive-level positions in engineering, operations, marketing,
business development, and international business development. These
companies represent a cross-section of the energy industry
including utility, interstate pipeline and storage, international
power, and natural gas project development.
“On behalf of our Board of Directors and the
Company, I want to express my deepest appreciation to Ron for his
contributions to National Fuel as an integral part of the executive
team. His leadership, practical expertise and wisdom have
contributed to the overall growth and success of the Company. I
wish him and his family all the best in his well-deserved
retirement,” Bauer said.
Del Vecchio, who holds undergraduate and master’s
degrees in Mechanical Engineering as well as a degree in law from
the University at Buffalo, began his career with the Company as a
law clerk in 1995. He was hired as a Distribution Corporation
Attorney in 1998. Throughout the years his responsibilities
increased as he worked in the Utility’s Legal and Risk Management
departments. In 2007 he was promoted to Assistant Vice President
and then Vice President of National Fuel Resources, Inc. He
transitioned back to the Utility in 2015 as Vice President and
Chief Regulatory Counsel. Del Vecchio was named Senior Vice
President of Supply Corporation in 2021, expanding his career into
pipeline and storage operations, and was promoted to Executive Vice
President in 2023.
National Fuel is an integrated energy company
reporting financial results for four operating segments:
Exploration and Production, Pipeline and Storage, Gathering, and
Utility. Additional information about National Fuel is
available at www.nationalfuel.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/0a907c05-1df8-4b37-9ed3-565acaf2ac37
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/735ff87e-b7a3-4b10-991e-c660d7ad0e2c
Analyst Contact: Natalie Fischer | 716-857-7315
Media Contact: Karen Merkel | 716-857-7654
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