Piedmont Natural Gas Announces Addition to Executive Management Team

Victor Gaglio named to position of Senior Vice President and Chief Utility Operations Officer; will join the Company on February 1, 2012

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Piedmont Natural Gas

Dec 16, 2011, 12:31 ET

CHARLOTTE, N.C., Dec. 16, 2011 /PRNewswire/ -- Piedmont Natural Gas (NYSE: PNY) today announced the addition of Victor Gaglio to its executive management team as Senior Vice President and Chief Utility Operations Officer. Mr. Gaglio will join the Company February 1, 2012 and will report directly to Piedmont Chairman, President and CEO Thomas E. Skains. He will assume the responsibilities currently held by Michael Yount, who is retiring from Piedmont at the end of February, 2012. Mr. Gaglio previously served as Senior Vice President of Operations for NiSource Gas Transmission and Storage where he was responsible for Field Operations and Maintenance, Storage, Land Services, and Health, Safety, and Environmental.

Mr. Gaglio has more than 30 years of experience in the natural gas industry in a variety of positions with Columbia Gas Transmission and NiSource Gas Transmission and Storage. Over the course of his career, he has gained extensive experience in natural gas pipeline, compression and storage operations. He has managed pipeline field operations, engineering, construction, large projects and budgets, pipeline integrity and compliance programs, gas control, and health, safety and environmental. Mr. Gaglio has led individual teams and larger field service organizations through cultural transformation efforts focused on employee engagement, performance management, and continuous improvement.

Commenting on the addition of Mr. Gaglio to Piedmont's executive management team, Piedmont Chairman, President, and CEO, Thomas E. Skains, said, "We are very excited to have Victor join our executive management team at Piedmont. His wealth of experience in so many areas of utility operations and technical services, cultural initiatives and continuous process improvement, along with his open and collaborative leadership style, make him an excellent fit for a key leadership role at our Company. We are fortunate to have such a seasoned, proven utility operations officer join us and I look forward to his leadership as we continue to implement our strategic utility capital expansion programs to serve new markets as well as continue to provide our existing markets and customers safe and reliable service."

Commenting on his new position with Piedmont, Mr. Gaglio said, "Piedmont is a quality organization in every aspect of what they do. I'm excited about joining this team and am looking forward to being a valuable contributor as Piedmont continues to grow and responsibly serve its stakeholders."

Mr. Gaglio graduated from Virginia Tech with a Bachelor of Science degree in Engineering Science and Mechanics. He has attended executive development programs at the University of Virginia's Darden School of Business, University of Pennsylvania's Wharton School of Business, and the University of Michigan's Ross School of Business. Victor and his wife Gayle, who have three grown children, will be relocating to Charlotte.

About Piedmont Natural Gas

Piedmont Natural Gas is an energy services company primarily engaged in the distribution of natural gas to more than one million residential, commercial and industrial utility customers in North Carolina, South Carolina and Tennessee, including 51,800 customers served by municipalities who are wholesale customers. Our subsidiaries are invested in joint venture, energy-related businesses, including unregulated retail natural gas marketing, interstate natural gas storage and intrastate natural gas transportation. Additional information about Piedmont is available on the Internet at http://www.piedmontng.com.

SOURCE Piedmont Natural Gas