NW Natural Announces CEO Succession Plan PORTLAND,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
NW Natural Announces CEO Succession Plan

PORTLAND, OR--(Marketwired - Dec 18, 2015) - The Board of Directors of Northwest Natural Gas Company ( NYSE : NWN ), dba NW Natural, today announced that Gregg S. Kantor, chief executive officer (CEO), will retire at the end of 2016. David H. Anderson, president and chief operating officer, will succeed Kantor as CEO, effective Aug. 1. Kantor will continue in an advisory role to the Board of Directors through Dec. 31, 2016.

"Gregg has been a strong leader for NW Natural. He has built an exceptional management team, one that has made the company an industry leader in service and safety, while also positioning it for continued growth," Tod Hamachek, Chairman of NW Natural's Board, said. "David's selection as the next CEO, as well as his previous service as the company's chief financial officer, executive vice president and president and chief operating officer (COO), is a reflection both of his talents and the company's commitment to disciplined succession planning."

Kantor became NW Natural's CEO in January of 2009 after serving as president and COO. He came to the company in 1996, and his tenure has included service as executive vice president and senior vice president of public and regulatory affairs.

"It has been an enormous privilege to lead NW Natural and the talented and deeply committed men and women who work here," Kantor said. "This 156-year old company is in good hands. It has the leadership and talent to continue to grow and provide great service to its customers and communities."

Kantor said, "David brings to the CEO position strong financial, operational and leadership skills. Over the years, he has both helped ensure NW Natural's financial strength and been instrumental in many of the company's operational and service achievements."

"It will be an honor to be the next CEO of a company with such a long and rich history," Anderson said. "Gregg, along with past CEOs, will be leaving the company financially strong and well positioned to continue providing exceptional customer service. NW Natural employees are the best in the world, and I look forward to working with them to achieve even greater success."

Anderson joined NW Natural in 2004 as senior vice president and chief financial officer. In 2013, Anderson was elected executive vice president and chief financial officer. In 2014, he was promoted to president. Prior to joining NW Natural, Anderson served in various executive positions at TXU Corporation (formally Texas Utilities) including chief accounting officer of the parent company and chief financial officer of TXU Gas. Anderson is a graduate of Texas Tech University and is a Certified Public Accountant (ret) and Certified Management Accountant in Texas and Oregon. He and his wife Susan live in the Portland area and have two children.

About NW Natural NW Natural ( NYSE : NWN ) is headquartered in Portland, Ore., and provides natural gas service to about 707,000 residential, commercial, and industrial customers through 14,000 miles of mains and service lines in western Oregon and southwestern Washington. It is the largest independent natural gas utility in the Pacific Northwest with $3.0 billion in total assets. NW Natural and its subsidiaries currently own and operate underground gas storage facilities with designed storage capacity of approximately 31 Bcf in Oregon and California. Additional information is available at www.nwnatural.com .

Investor Contact : Nikki Sparley Phone: 503-721-2530 Email: n1s@nwnatural.com Media Contact: Melissa Moore Phone: 503-220-2436 Email: msm@nwnatural.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

AppLovin Legal Woes: A Deep Dive into Investor Claims

Updated Category News Views 250

AppLovin Faces Legal Heat and Market Scrutiny Bitter truth has a way of crashing like a wave, and AppLovin (NASDAQ: APP) is feeling the brunt of it. Now knee-deep in a securities class action, the firm’s been accused of selling fairy tales about its AI capabilities, leaving investors clutching at substantial losses. If you’ve been banking on their promises between...

Continue Reading
PASCAL's Holiday Gift Edit: Timeless Watches Shine

Updated Category News Views 338

Fresh Sparkle for the Holidays Well, here we are again, staring down the barrel of another holiday season. And what do you know, PASCAL is out with its 2026 Holiday Gift Edit, like clockwork. This is the kind of stuff they’re good at—capturing a moment, slapping some color on it, and calling it a game-changer. Launching on November 14, this edit nods to their Timeless...

Continue Reading
BETR's Slide: Investors Face Big Losses, Leadership Shift

Updated Category News Views 206

BETR Investors Left in the Lurch It's a real trainwreck, folks. Better Home & Finance Holding Company, trading under NASDAQ:BETR, is in the spotlight for all the wrong reasons. The company expanded the class period for its investor lawsuit to include even more dates between March and August 2026, reflecting a torturous ride for shareholders. Their stock cratered by a...

Continue Reading
Luvme Hair Offers Wig Variety for Winter Fashion

Updated Category News Views 371

Adding Flair to Winter Looks A style kick-off from the fashion world: Luvme Hair is flipping the table on winter wardrobes with a new collection of wigs. As the weather ramps up the need for thick coats and cumbersome layers, these long hairstyles offer a little extra swing, bringing dimension into the mix. Fancy a change from traditional winter hibernation? Here’s what...

Continue Reading
Shenzhen's Vision Unveiled: APEC 2026 Promo Debut

Updated Category News Views 126

Shenzhen's Spotlight Moment at APEC 2026 When Shenzhen announced its promotional video for the 2026 APEC Economic Leaders' Meeting, it wasn't just about standard tourism glitz. This was a show of force, a bold step onto the main stage of global politics and economics. The video's launch wasn’t merely an audio-visual delight—it staked a claim in shaping the future...

Continue Reading
HONGQI's EHS4 Launch in Europe: Bridging East and West

Updated Category News Views 190

Revving Up a New Chapter: HONGQI in Venice There's a new player in the European automotive scene, and it's rolling in with more style than a Venetian gondola. HONGQI, a name that's been turning gears in China since '58, is packing its suitcases full of Eastern elegance and landing straight in Venice with the all-electric EHS4. On November 16, the brand is set to unveil...

Continue Reading
YSTUDIO's Pens: A Nod to the Power of Writing

Updated Category News Views 423

Slow Down, Write On: A New Era for Stationery In a world where sentiments zip around with a swipe, here we find YSTUDIO tapping into something analog and profound. Their latest offerings—a 'Brand Day Gift Box' and the 'Inner Universe' pen series—are more than just high-end stationery. They’re an invitation to reconnect with the written word, a gesture to slow our...

Continue Reading
Webull Faces Class Action: Key Details for Investors

Updated Category News Views 254

What's Really Going on With Webull? When you hear there's a class-action lawsuit brewing, you know something's gone real sideways. Webull Corporation (NASDAQ: BULL) finds itself neck-deep in a securities fraud class action alleging some dicey dealings with China. If you've got skin in the game—and if you bought Webull stock between April 26, 2025, and October 6,...

Continue Reading
Advanta's Game-Changer: Acquiring Misr Hytech to Expand in Africa

Updated Category News Views 364

Advanta's Strategic Move into Africa Alright, let's cut to the chase. Advanta is making a big splash with its acquisition of Misr Hytech, a move that's going to shake things up in Africa's agricultural sector. This isn't just another merger to gloss over with your morning coffee. We're talking about a deal that's supposed to wrap up by January 31, 2027, bringing together...

Continue Reading
Uber Data Breach: Class Action Investigation Begins

Updated Category News Views 126

When Tech Meets Trouble: Uber's Data Breach Picture this: the hum of Uber rides weaving through your city, drivers none the wiser that personal info has been pried from the vaults thanks to their tech partner, Fireworks AI. Uber, folks, is in hot water once again. This isn’t just another tech hiccup; it's a legal whirlwind brewing up courtesy of Edelson Lechtzin LLP, a...

Continue Reading

Top 5 Most Recently Viewed Articles

Chevron's Acquisition of Hess: What Lies Ahead for Investors

Updated Category News Views 275

Chevron's Acquisition of Hess: An Overview In a notable development in the energy sector, Chevron Corporation (NASDAQ: CVX) is nearing a decision in its highly anticipated acquisition of Hess Corporation (NASDAQ: HES). After a prolonged period of negotiations and legal discourse, investors are eager to see how this pivotal ruling will affect Chevron's strategic goals....

Continue Reading
North American Mining Secures A Landmark Limestone Mining Deal

Updated Category News Views 202

North American Mining Expands Operations with New Contract In an exciting development for North American Mining, the company has recently secured a significant 10-year contract to provide limestone mining services, marking a notable expansion in its operations. This new venture underscores North American Mining's commitment to excellence and reflects a longstanding...

Continue Reading
Foresight Group's Share Buyback: Recent Developments and Goals

Updated Category News Views 153

Understanding Recent Share Buyback by Foresight Group Foresight Group Holdings Limited, noted for its proficient investment strategies, has embarked on an exciting new chapter with its recent share buyback program. Announced on 10 April 2025, this initiative showcases the Group's commitment to enhancing shareholder value. Details of the Share Buyback Program The initial...

Continue Reading
Vertafore Introduces Sircon Compensation for Enhanced Growth

Updated Category News Views 181

Revolutionizing Compensation Management for Insurers Vertafore, the leading name in InsurTech solutions, is committed to enhancing the landscape of compensation management specifically designed for insurance carriers. With the introduction of Sircon Compensation, insurance providers of all sizes can take advantage of an innovative, scalable approach that seamlessly...

Continue Reading
Napco Security Technologies: Insider Transactions and Growth Insights

Updated Category News Views 128

Recent Insider Trading at Napco Security Technologies In an important development, Paul Beeber, a director at Napco Security Technologies, Inc. (NASDAQ: NSSC), has recently made a series of stock transactions that have caught the attention of both investors and analysts. Filings submitted to the Securities and Exchange Commission reveal these trades reflect a significant...

Continue Reading