Peter Tumminello, who has been acting president of Houston-based Sequent Energy Management since early March, has been tapped to take over the unit by the AGL Resources board of directors. Tumminello’s predecessor, Douglas N. Schantz, in March apparently drowned in the Mississippi River in New Orleans (see Daily GPI, March 11).”With this appointment of Pete, we expect Sequent to continue to grow its leadership position as a provider of asset management services to the wholesale gas industry in North America,” said AGL CEO John W. Somerhalder II. As president, Tumminello is to lead all aspects of Sequent’s operations, including natural gas asset management, supply and distribution, trading and producer services. He also would play a key role in developing and implementing long-term growth plans for Sequent and is to join AGL’s policy committee, which develops business goals for the organization. Tumminello, who joined Sequent’s executive management team in 2003, previously was executive vice president of business development and support. Tumminello also has worked for Green Mountain Energy Co., TPC Corp. and ARCO Oil and Gas Co.

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