Don Cash will step down as CEO of Questar Corp. effective May 1 but will remain chairman of the company’s board of directors. The board elected Keith O. Rattie as president and CEO, also effective May 1. Cash became president and CEO of Mountain Fuel Supply Co., a Questar predecessor on March 1, 1982. He as served as chairman since 1985, but resigned from his position as president in February 2001. Rattie is currently president and COO, the titles he assumed upon joining Questar in February 2001. He previously had been senior vice president of Coastal Corp. and president and CEO of Coastal Gas Services Co. Rattie also had worked for Chevron Corp. in various engineering and management positions.

Glenn Labhart, vice president and chief risk officer of Dynegy Inc. has been named Financial Risk Manager of the Year by the Global Association of Risk Professionals (GARP). Labhart, a 17-year veteran in the energy marketing industry, was nominated by colleagues in the risk management community for leading a proactive, enterprise approach to risk management. In accepting the award Labhart pointed to three significant events, the California crisis, Sept. 11 and Enron, as “profoundly impacting the marketplace. The risk management profession has never been more important to business than it is today.” Labhart, who was named chief risk officer of Dynegy in July 1997, is responsible for the corporate risk oversight of a $42 billion revenue stream of enterprise risk composed of commodity trading, power generation, crude oil, and natural gas liquids assets. He manages a group of 30 people in Dynegy’s Houston headquarters and company offices in Calgary, Alberta, Canada and London. He pointed out the importance of developing future risk professionals. “Part of my job is to provide a training ground for new talent through participation in Dynegy’s recruiting program, Programmed Activities for Cross-Functional Experience (PACE). We need to hire the best and the brightest to handle the new responsibilities that will be thrust upon us.”

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