|Southwest Gas Board of Directors Announces Management Promotions|
LAS VEGAS, May 6 /PRNewswire-FirstCall/ -- The Southwest Gas Corporation (NYSE: SWX) Board of Directors announced the following management promotions today: Jeffery W. Shaw to chief executive officer (CEO), James P. Kane to president, Thomas J. Armstrong to senior vice president/Gas Resources & Energy Services, Edward A. Janov to senior vice president/Finance, Christina A. Palacios to senior vice president/Southern Arizona Division, and William Moody to vice president/Gas Resources.
The announcement was made today by retiring CEO Michael O. Maffie at the company's annual shareholders' meeting. Following a long and distinguished career at Southwest Gas, Maffie announced that he would officially retire on June 1. A 25-year employee, Maffie held the position of president for 15 years and C.E.O. for 11 years. He will continue to serve as a member of the Board of Directors.
According to Thomas Y. Hartley, Board Chairman, "Mike has been instrumental in guiding a company whose customer base has grown more than 50 percent during his tenure as CEO. He has built a strong organization at Southwest Gas, and we thank him for all he has done for the company. We will miss his leadership and experience and wish him well in retirement."
Shaw joined the company in 1988 as director/Internal Audit. Prior to his recent promotion, he has served as company president, senior vice president/Gas Resources and Pricing, senior vice president/Finance and Treasurer, as well as the chief accounting officer.
Kane joined the company in 1984 as the manager of the Phoenix business office when Southwest acquired the gas operations from Arizona Public Service (APS). He was named Southern Arizona Division vice president in Tucson in 1993, senior vice president/Operations, moving to Corporate Headquarters in Las Vegas in 1997, and executive vice president/Operations in 2000.
Armstrong joined the company in 1980 as a Production and Special Projects engineer in the company's corporate office. He was subsequently promoted to director of Production and Special Projects, manager/Gas Purchases, and director/Gas Resource Management. He was named vice president/Gas Supply in 1993.
Janov joined the company in 1986 as a rate and regulatory specialist. He was promoted to assistant controller in 1987, Controller in 1994, vice president/Controller and Chief Accounting Officer in 1996, vice president/Finance and Treasurer in 2002, and vice president/Finance in 2003.
Palacios joined the company in 1984 as the Human Resources manager in Phoenix. She was named Southern Nevada Division vice president in 1995 and Southern Arizona Division vice president in 1997.
Moody joined the company in 1979 as an accountant in Property Accounting in Las Vegas. He held positions in Facilities and Resource Development, Corporate Development, Customer Relations in the Southern Nevada and Central Arizona Divisions. He was promoted to director of gas operations support/Gas Supply in 2002.
SOURCE Southwest Gas Corporation