Chief Operating Officer Named President and Joins Board
HOUSTON, April 23 /PRNewswire-FirstCall/ -- KCS Energy, Inc. (NYSE: KCS)
announced today that James W. Christmas, President and Chief Executive Officer
of the Company has been named Chairman of the Board, replacing Stewart B.
Kean, who passed away last year. In addition, the Board established the role
of lead independent director and named Robert Raynolds to that position. At
the same time, William N. Hahne, Executive Vice President and Chief Operating
Officer of KCS, was named President and Chief Operating Officer and joins the
Company's Board of Directors.
Mr. Christmas joined KCS in 1988 and had served as President, Chief
Executive Officer and a member of the Board since that time. Mr. Raynolds, an
independent geologist for several major and independent oil and gas companies
has served as a director since 1995 and currently serves on the Board's audit
committee. Mr. Hahne joined KCS in 1998 as Senior Vice President and Chief
Operating Officer and was appointed Executive Vice President in 2002. He is a
Registered Petroleum Engineer with over 30 years of experience with various
independent exploration and production companies.
Commenting on the appointments, James W. Christmas, Chief Executive
Officer of KCS said, "We are pleased to announce that KCS has joined the ranks
of a growing number of companies that are appointing lead independent
directors to their boards. Bob has been a valuable member of our board for
the past eight years and his expanded role will assist us greatly in enhancing
the communications between our various board committees."
Mr. Christmas continued, "Bill Hahne has been an important member of our
management team since joining the Company. His energy and leadership has been
significant in our reorganization over the last few years. We welcome him to
the Board of Directors where his operational knowledge and insight will be of
great value as we look to resume our growth."
KCS is an independent energy company engaged in the acquisition,
exploration and production of natural gas and crude oil with operations in the
Mid-Continent and Gulf Coast regions.
SOURCE KCS Energy, Inc.
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CONTACT:
James W. Christmas, President and CEO of KCS
Energy, Inc., +1-713-877-8006, or General Info., Marilynn Meek,
+1-212-445-8451, or Analyst Info., Peter Seltzberg,
+1-212-445-8457, both of FRB Weber Shandwick
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