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Maher Retiring From Washington Gas

Maher Retiring From Washington Gas

Patrick J. Maher, chairman of Washington Gas Light, will retire effective March 1. He will begin his leave pending retirement on Dec. 1. Maher joined the company in 1974 as vice president and chief financial officer, and subsequently held the positions of executive vice president of finance and administration, president, and chief executive officer. He has been a member of the board of directors since 1988 and became chairman in 1992.

In 1996, Maher was selected as the best chief executive officer in the "Utilities: Gas and Water" category by FinancialWorld magazine. He was one of 38 CEOs considered in that category. Maher received the American Gas Association Distinguished Service Award in 1997.

The Board of Directors elected James H. DeGraffenreidt, Jr., 45, chairman of the board and chief executive officer, effective Dec. Joseph M. Schepis, 45, was elected president and chief operating officer, also effective Dec. 1. Schepis was also elected to the board of directors with his term to begin in December.

DeGraffenreidt served as president and CEO since Jan. 1. He had served as president and chief operating officer since 1994. Schepis currently serves as executive vice president and chief operating officer. In 1994 he was elected senior vice president and chief financial officer. Before serving in those positions, he was treasurer, then vice president of rates and regulatory affairs.

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