STOCK TITAN

National Fuel Gas Company Appoints Jeffrey Hart as Vice President of Corporate Responsibility

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

National Fuel Gas Company (NFG) has appointed Jeffrey F. Hart as its first Vice President of Corporate Responsibility. This new role underscores the importance of corporate responsibility initiatives within the company. Hart, who has been with National Fuel since 1984, will lead the Corporate Responsibility Management Committee, focusing on environmental, social, and governance (ESG) issues. His extensive experience across various business segments positions him to enhance the company’s sustainable practices and ESG disclosures, aligning operational decisions with corporate responsibility principles.

Positive
  • Appointment of Jeffrey F. Hart as VP of Corporate Responsibility expected to enhance focus on ESG issues.
  • Hart's extensive experience since 1984 positions him well to lead corporate responsibility initiatives.
Negative
  • None.

WILLIAMSVILLE, N.Y., July 07, 2020 (GLOBE NEWSWIRE) -- National Fuel Gas Company (“National Fuel” or the “Company”) (NYSE: NFG) is pleased to announce the appointment of Jeffrey F. Hart as the Company’s first Vice President of Corporate Responsibility.

“The creation of this new post recognizes the expanding scope of National Fuel’s corporate responsibility initiatives, as well as its strategic importance,” said David P. Bauer, National Fuel Gas Company’s President and Chief Executive Officer. “Jeff will enhance the Company’s ongoing focus on significant environmental, social, and governance (ESG) issues, and further reinforce the Company’s commitment to our six guiding principles of safety, environmental stewardship, community, innovation, satisfaction, and transparency.”

Hart joined the Company in 1984 and since that time has held numerous management and executive-level positions in the Company’s Consumer Business, Operations, and Energy Marketing areas. This experience represents a cross-section of the Company’s customer-facing and field operations, which involve interaction with and consideration of multiple types of stakeholders. Hart holds a bachelor’s degree in management and finance and master’s degrees in business administration and public accounting from Canisius College.

Hart’s extensive experience and understanding of the Company’s operations will allow him to lead the Company’s Corporate Responsibility Management Committee, which engages subject matter experts from different operating segments who provide reporting information and support sustainable business practices. Additionally, Hart will be responsible for ESG disclosure and identifying further sustainable business practices for the Company to consider strategic decision making across the Company. He will also be responsible for regularly updating the Corporate Responsibility Executive Committee, comprised of senior management who are accountable for integrating applicable sustainability practices in their respective areas, and the Nominating/Corporate Governance Committee of the Company’s Board of Directors, which provides board-level oversight and guidance for corporate responsibility strategy and reporting, which includes ESG matters, that are important to the Company and its stakeholders.  

National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas and oil assets across four business 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/c88356b2-eaee-49d2-a8ed-0b17ab85bead

Analyst Contact:
Kenneth E. Webster
716-857-7067

Media Contact:
Karen L. Merkel
716-857-7654

FAQ

What is the significance of the new VP position at National Fuel Gas Company (NFG)?

The new position emphasizes the strategic importance of corporate responsibility and enhances focus on environmental, social, and governance (ESG) issues.

Who is Jeffrey F. Hart in relation to National Fuel Gas Company (NFG)?

Jeffrey F. Hart is appointed as the first Vice President of Corporate Responsibility at National Fuel, bringing extensive experience from various management roles since 1984.

What are the responsibilities of Jeffrey F. Hart as VP of Corporate Responsibility at NFG?

Hart will lead the Corporate Responsibility Management Committee and oversee ESG disclosures, ensuring sustainable business practices are integrated into the company's operations.

How will Jeffrey F. Hart impact the corporate responsibility strategy at NFG?

With his leadership, Hart is expected to strengthen the corporate responsibility strategy, aligning it with the company's six guiding principles and enhancing stakeholder engagement.

National Fuel Gas Co.

NYSE:NFG

NFG Rankings

NFG Latest News

NFG Stock Data

5.39B
89.68M
1.22%
76.9%
3.11%
Oil & Gas Integrated
Natural Gas Distribution
Link
United States of America
WILLIAMSVILLE