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Cabot Oil & Gas announced the election of Mr. Peter B. Delaney to its Board of Directors, effective immediately.
The addition of Mr. Delaney to the Board will bring the total to nine directors, with eight qualifying as independent directors.
About Delaney:
Mr. Delaney has a long and distinguished career in the energy and power industries, having retired in 2015 as the Chairman and Chief Executive Officer (“CEO”) of OGE Energy Corporation, where he served in various capacities since 2002. During his 8-year tenure as Chairman and CEO, OGE Energy received numerous industry awards, among them the 2012 Utility of the Year and the 2013 Edison Award, the industry’s highest honor. Mr. Delaney also served as CEO of Enogex, OGE Energy’s natural gas midstream subsidiary from 2002 to 2013, and in 2013, served on the Board, as Chairman and later as interim CEO of its successor, Enable Midstream Partners, until December 2015. Prior to his career at OGE Energy, Mr. Delaney completed a 16-year Wall Street investment banking career, most recently serving as Managing Director of UBS, Inc. from 1997-2001.
Mr. Delaney also currently serves on the Board of Directors of Panhandle Oil & Gas and several private companies in unrelated industries, as well as several charitable and community organizations.
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