Valley National Gases Names New Director
16 August 2005 - 7:34AM
PR Newswire (US)
WASHINGTON, Pa., Aug. 15 /PRNewswire-FirstCall/ -- Valley National
Gases Incorporated (AMEX:VLG) today announced the election of Mr.
Robert P. Hespe to it's Board of Directors, pending shareholder
approval at the company's October annual meeting. Mr. Hespe has
been Assistant Corporate Controller for Union Carbide Corporation
and Division Controller for their Specialty Chemicals business. Mr.
Hespe also served as Controller for the Packaged Gases Division of
Union Carbide, which has subsequently evolved into the PDI
subsidiary of Praxair. Valley's Vice Chairman and CEO, William A.
Indelicato, commented: "We believe we are very fortunate to have
Bob Hespe join our team. He brings to our Board a wealth of
experience in our business, having served as a packaged gases
subsidiary field level controller early in his career and later
becoming controller for the entire packaged gases division." Mr.
Indelicato further commented, "Having worked in our business at the
grass roots level, Bob will be able to contribute to further
enhancement in our operating processes and procedures, through
which we expect to achieve further improvement in both operating
efficiencies and financial control. Bob will also strengthen our
Board's financial acumen, in preparation for the implementation of
the requirements of Sarbanes Oxley Section 404." Valley National
Gases, with headquarters in Washington, Pennsylvania, is a leading
packager and distributor of industrial, medical and specialty
gases, welding equipment and supplies, propane and fire protection
equipment. Valley National Gases operates sixty-seven locations in
twelve states, with nine production and distribution centers in the
Eastern and Midwestern United States. DATASOURCE: Valley National
Gases Incorporated CONTACT: James P. Hart of Valley National Gases,
+1-724-228-3000, or Web site: http://www.vngas.com/
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