TULSA, Okla., May 27, 2021 /PRNewswire/ -- On May 25, 2021, ONE Gas, Inc. (NYSE: OGS) announced
via a Form 8-K filed with the Securities and Exchange Commission
the retirement of its president and chief executive officer, Pierce
H Norton II, effective June 27,
2021. Commensurate with Mr. Norton's retirement date, he will
also resign as a director of the ONE Gas Board of
Directors. Mr. Norton has accepted the role of president and
chief executive officer of ONEOK Inc. (NYSE: OKE) effective on
June 28, 2021.
"Since the formation of ONE Gas in 2014, we have focused on
executing our mission, vision and strategic plan with the guidance
of our core values. The result is a culture that creates value for
all stakeholders and is built to appropriately and effectively
navigate leadership change. I have been extremely fortunate to
have been surrounded by a strong executive team the last seven
years and to have worked alongside our 3,700 talented and dedicated
employees," said Pierce Norton
outgoing president and chief executive officer of ONE Gas. The
company is well positioned for continued growth and sustainability
under new leadership," Norton added.
"I want to thank Pierce for his leadership and organizational
development efforts since the startup of ONE Gas. With him as CEO,
the company has created a lasting culture built upon our core
values and a strong sustainable business model," said John W. Gibson, Chairman of the Board of ONE
The Corporate Governance Committee, led by Eduardo Rodriguez, has already begun taking the
necessary actions to recommend Mr. Norton's replacement to the
Board of Directors. Due to the board's established succession
planning process which has been an ongoing and continuous part of
the board's oversight, the board anticipates a decision and an
announcement within a few weeks.
ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas
utility, and trades on the New York Stock Exchange under the symbol
"OGS." ONE Gas is included in the S&P MidCap 400 Index and is
one of the largest natural gas utilities in the United
Headquartered in Tulsa,
Oklahoma, ONE Gas provides a reliable and affordable energy
choice to more than 2.2 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas
Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in
Oklahoma; and Texas Gas Service,
the third largest in Texas, in
terms of customers.
For more information and the latest news about ONE Gas, visit
onegas.com and follow its social channels: @ONEGas, Facebook,
LinkedIn and YouTube.
Analyst Contact: Brandon
View original content to download
SOURCE ONE Gas, Inc.