Jerome “Jerry” James McGrath, 81, a retired former president of the Interstate Natural Gas Association of America (INGAA), died on Tuesday of cancer at his home in Chevy Chase, MD. McGrath served as an executive with INGAA for 20 years. After an extensive career as a natural gas industry lawyer, he was employed by INGAA in 1968 as executive vice president, general counsel and secretary. In 1978, he was promoted to president and served in the capacity until his retirement from the association in 1988. His tenure included leading INGAA and its interstate pipeline members through the challenges associated with the wellhead decontrol of natural gas and the beginnings of the pipeline industry’s transition from merchant sellers of natural gas to unbundled transportation providers. Mirant announced that effective May 3 M. Michele Burns, 46, will be joining the company as executive vice president and CFO. Burns will assume lead responsibility for the company’s financial restructuring. She will report to Marce Fuller, Mirant’s CEO. Burns brings more than 23 years of experience in corporate finance and accounting to Mirant, having served as executive vice president and CFO at Delta Air Lines and as partner at Arthur Andersen LLP. “As one of the nation’s most well-respected CFOs, she has the experience and skill to lead our financial restructuring, and play a key role in enabling Mirant to emerge from Chapter 11,” said Fuller. In her career at Delta, Burns is credited with stabilizing the company’s finances immediately after the Sept. 11 terrorist attacks, then leveraging Delta’s business unit, technology and supply chain strategies to reduce costs by over $2.5 billion.

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