CAYCE, S.C., July 13, 2018 /PRNewswire/ -- SCANA Corporation
(SCANA) (NYSE: SCG), today announced that it has increased the size
of its Board of Directors by two members and that two new
independent directors, John (Jeb) E.
Bachman and Dr. Patricia D.
Galloway, have been elected to the Board. Mr. Bachman
and Dr. Galloway will serve as directors until the upcoming Annual
Shareholders Meeting at which time they will be presented for
election by shareholders. The Board also appointed Mr.
Bachman and Dr. Galloway to a Special Litigation Committee of the
Board formed for the purpose of investigating claims being alleged
against current and former officers and directors of SCANA in
shareholder derivative actions pending in state and federal courts
in South Carolina and determining
whether it is in the best interests of SCANA to pursue such
claims. Dr. Galloway will serve as Chair of the
committee.
![SCANA Corporation logo. (PRNewsFoto/SCANA Corporation) SCANA Corporation logo. (PRNewsFoto/SCANA Corporation)](https://mma.prnewswire.com/media/151251/scana_corporation_logo.jpg)
A partner at PricewaterhouseCoopers until his retirement in
2015, Mr. Bachman served as the U.S. assurance operations leader
from 2007 to 2013, with full financial and operational
responsibility for its largest operating unit with revenues of
$4.2 billion. Mr. Bachman spent
more than 36 years at PricewaterhouseCoopers, where he served as
U.S. strategy leader from 2004 to 2007, and as an audit partner for
companies in several business sectors. Mr. Bachman is a
graduate of Bucknell University and
received an MBA from the Harvard
University Graduate Business School. He also serves on
the boards of directors for The Children's Place and WEX Inc., both
public companies, and served 15 years on the Bucknell University Board of Trustees.
Dr. Galloway is Chair of the Board and former CEO of
Pegasus-Global Holdings, Inc., an international management
consulting firm to major construction projects in the global energy
and infrastructure sectors. For more than 40 years, she has
provided strategic advice to boards and senior management
concerning governance, management structures, and performance and
risk management. Dr. Galloway serves on several public
company and non-profit boards. She is an international
arbitrator and is a member of several arbitral institution panels
including the American Arbitration Association (AAA), where she
also serves as a member of the AAA's board of directors.
Prior to her tenure at Pegasus-Global Holdings, Inc., Dr. Galloway
spent 27 years with the Nielsen-Wurster Group, Inc., where she held
a number of positions, including CEO. Dr. Galloway holds a
Ph.D. in Infrastructure Systems Engineering (Civil) from Kochi
University of Technology in Japan,
an MBA from the NY Institute of Technology, and a bachelor's degree
in civil engineering from Purdue University. In 2004, Dr.
Galloway was elected by her peers to serve as the first woman
president of the American Society of Civil Engineers. She has
served as an advisor to multiple independent review panels and has
extensive international experience on large construction
projects. She also serves on the board of directors for
Granite Construction, Inc., a public company.
PROFILE
SCANA, headquartered in Cayce,
SC, is an energy-based holding company principally engaged,
through subsidiaries, in electric and natural gas utility
operations and other energy-related businesses. Information about
SCANA and its businesses is available on the company's website at
www.scana.com.
SCANA Corporation
Contacts:
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Media
Contact:
|
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Investor
Contact:
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Eric
Boomhower
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Bryant
Potter
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(800)
562-9308
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(803)
217-6916
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SOURCE SCANA Corporation