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June 4, 2001 (N) NYSE:STR 01-12
Contact: R. Curtis Burnett Business: (801) 324-5647
JAMES A. HARMON REJOINS QUESTAR BOARD
SALT LAKE CITY James A. Harmon, who recently retired as chairman and president of the Export-Import Bank of the United States, has rejoined the board of directors of Questar Corp. (NYSE:STR).
Harmon was appointed effective June 1 to serve the remainder of a term that expires May 2002. He previously served on Questar's board from 1976 to 1997, when he accepted the positions at the Export-Import Bank.
Harmon will serve as a member of the Questar board's finance/audit and management performance committees.
"We are extremely pleased that Jim will be returning to the Questar board since he was a vital contributor to our development as a major diversified energy company during his prior 19 years of service," said R.D. Cash, Questar chairman and chief executive officer. "He is widely respected within the business community for his financial and business expertise, which was recognized in his appointment to the Export-Import Bank."
Harmon spent 38 years with Wertheim & Co., an international investment bank that partnered with Schroders plc (U.K.) to form Wertheim Schroder & Co. He served as chairman and CEO for 10 years prior to joining the Ex-Im Bank. Harmon successfully guided the bank through financial crises that hit from Asia to South America. He was an advocate of proactively expanding Ex-Im Bank's business into new markets with new approaches and programs.
Questar is a $2.5 billion diversified natural gas company headquartered in Salt Lake City. Through subsidiaries, it engages in energy development and production; gas gathering and processing; wholesale gas, electricity and liquids trading; retail energy services; interstate gas transmission and storage; retail gas distribution; and information systems and technologies.
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VISIT QUESTAR'S INTERNET SITE at http://www.questar.com. For more information, see Company News OnCall: http://www.prnewswire.com or fax 8007585804, ext. 728887. |