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WGL Holdings, Inc. Announces New Head of Investor Relations

^{Published on 2011-01-18 13:50:28 - Market Wire}
 

WASHINGTON--([ BUSINESS WIRE ])--WGL Holdings, Inc. (NYSE:WGL) announced today that Douglas Bonawitz has been selected to lead the companya™s investor relations activities, effective Feb. 1, 2011. Bonawitz joined WGL Holdings in January as Division Head, Investor Relations and Operational Risk Assessment, and will be responsible for communicating the companya™s strategy, financial and operational performance to the financial community and general investing public. He will also have responsibility for the operational risk assessment activities which include documenting, testing and disclosure requirements associated with the companya™s compliance with the Sarbanes-Oxley Act of 2002.

"Douga™s impressive career accomplishments will serve him well in his new position and the company will benefit from his wealth of finance experience"

Bonawitz will replace Robert Dennis, who retired on Feb. 1, 2011, after holding various director-level positions at WGL Holdings and Washington Gas since 2003.

aDouga™s impressive career accomplishments will serve him well in his new position and the company will benefit from his wealth of finance experience,a said Vincent L. Ammann, Jr., WGL Holdings Vice President and Chief Financial Officer. aBob is leaving Washington Gas after demonstrating his agility at a number of different assignments over the years. Like Bob, Doug has demonstrated an ability, throughout his career, to master new and diverse challenges, so we look forward to the quality and expertise he will bring immediately in his new role with our company.a

Prior to joining WGL Holdings, Bonawitz held various positions of increasing responsibility over 15 years with Whirlpool Corporation, including a controllership position and Chief Financial Officer for Whirlpool Mexico. He began his career with Ford Motor Company.

Bonawitz earned a BA in Economics from Michigan State University and an MBA from Carnegie Mellon University.

Headquartered in Washington, D.C., WGL Holdings, Inc. has three operating segments: (i) the regulated utility segment, which primarily consists of Washington Gas, a natural gas utility that serves over one million customers throughout metropolitan Washington, D.C. and the surrounding region; (ii) the retail energy marketing segment which consists of Washington Gas Energy Services, Inc., a third-party marketer that competitively sells natural gas and electricity and (iii) the heating, ventilating and air conditioning (HVAC) segment, which consists of Washington Gas Energy Systems, Inc., a provider of design-build energy efficiency solutions to government and commercial clients. Additional information about WGL Holdings, Inc. is available on our website, [ wglholdings.com ]. Go to [ washingtongas.com ] for more information about Washington Gas Light Company.