AGL Resources Names Peter Tumminello President, Sequent Energy Management
</pre> <p><span class="xn-location">ATLANTA</span>, <span class="xn-chron">April 27</span> /CNW/ -- The AGL Resources (NYSE: AGL) board of directors today named <span class="xn-person">Peter Tumminello</span> president of Sequent Energy Management, the company's Houston-based asset management organization, effective immediately. He will join the company's Policy Committee, the senior-most group of executives who are responsible for developing the business goals and strategies of the organization. Tumminello has been serving as acting president of Sequent since <span class="xn-chron">March 8, 2010</span>.</p> <p/> <p>"With this appointment of Pete, we expect Sequent to continue to grow its leadership position as a provider of asset management services to the wholesale gas industry in <span class="xn-location">North America</span>," said John W. Somerhalder II, chairman, president and chief executive officer of AGL Resources. "This promotion reflects Pete's valuable leadership and contributions to AGL Resources."</p> <p/> <p>As president, Tumminello will lead all aspects of Sequent's operations, including natural gas asset management, supply and distribution, trading and producer services. Tumminello also will play a key role in developing and implementing long-term growth plans for Sequent.</p> <p/> <p>Tumminello brings more than 20 years experience in natural gas marketing and trading and more than 25 years in the energy industry to his new position. Prior to serving as acting president, Tumminello was Sequent's executive vice president of business development and support. He joined the executive management team of Sequent in <span class="xn-chron">August 2003</span> as vice president of asset management and origination.</p> <p/> <p>Prior to joining AGL Resources and Sequent, Tumminello was vice president of energy supply for Green Mountain Energy Company, and worked for TPC Corp and ARCO Oil and Gas Company in various capacities in energy marketing, and storage and transportation asset management.</p> <p/> <p>Tumminello holds a Master of Business Administration degree from the University of Southwestern Louisiana and a Bachelor of Science degree in petroleum engineering from Louisiana Tech University. He frequently speaks on natural gas storage, transportation and asset management at energy industry conferences.</p> <pre> About AGL Resources </pre> <p>AGL Resources (NYSE: AGL), an Atlanta-based energy services company, serves approximately 2.3 million customers in six states. The company also owns Houston-based Sequent Energy Management, an asset manager serving natural gas wholesale customers throughout <span class="xn-location">North America</span>. As an 85-percent owner in the SouthStar partnership, AGL Resources markets natural gas to consumers in <span class="xn-location">Georgia</span> under the <span class="xn-location">Georgia</span> Natural Gas brand. The company also owns and operates <span class="xn-person">Jefferson Island</span> Storage & Hub, a high-deliverability natural gas storage facility near the Henry Hub in Louisiana. For more information, visit <a href="http://www.aglresources.com">www.aglresources.com</a>.</p> <pre> About Sequent Energy Management </pre> <p>Sequent Energy Management, a wholly owned subsidiary of AGL Resources Inc. (NYSE: AGL), is a Houston-based entity focusing on asset management and optimization, producer services, wholesale marketing and risk management. For more information, visit <a href="http://www.sequentenergy.com">www.sequentenergy.com</a>.</p> <pre>
For further information: Financial: Steve Cave, Vice President - Finance, Office: +1-404-584-3801, Cell: +1-404-333-4721, [email protected], or Media: Alan Chapple, Office: +1-404-584-4095, Cell: +1-404-783-3011, [email protected] Web Site: http://www.aglresources.com
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