Former CEO of Piedmont Natural Gas Joins National Fuel Gas Board

Thomas Skaines

National Fuel Gas Company (NFG) is a large Buffalo-based utility with subsidiaries active in drilling and midstream. NFG is the parent of Marcellus driller Seneca Resources and midstream company Empire Pipeline. NFG announced earlier this week that they have a new independent board member–Thomas E. Skains–who is the former Chairman, President, and Chief Executive Officer of Piedmont Natural Gas Company. Must be Mr. Skains is looking for things to do. Last year he sold Piedmont to Duke Energy for $6.7 billion. As part of the deal, he got a $14.4 million golden parachute (see Piedmont Natural Gas CEO’s Pure Gold Parachute – $14.4M). The merger closed in October of this year. It’s been a few months, so Skains is beginning to land on various boards, including Duke Energy’s board, and now, NFG’s board…

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