Valley National Gases Announces the Resignation of Chief Financial Officer
June 28 2004 - 5:57PM
PR Newswire (US)
Valley National Gases Announces the Resignation of Chief Financial
Officer WASHINGTON, Pa., June 28 /PRNewswire-FirstCall/ -- Valley
National Gases Incorporated (AMEX:VLG) today announced the
resignation of Robert D. Scherich, Chief Financial Officer. Mr.
Scherich is leaving Valley to take a CFO position with a privately
held manufacturing company in the greater Pittsburgh, Pa. area,
which is not affiliated with our industry. "During his eight years
of service, Bob has made many valuable contributions to the growth
and development of Valley," commented Bill Indelicato, Vice
Chairman and Chief Executive Officer. "We are sorry to see Bob
leave and we certainly wish him the best in his new position." A
search effort is currently underway, led by Valley's president,
James P. Hart, to obtain a suitable replacement for Mr. Scherich.
It is expected that Mr. Scherich's replacement will come from
outside the company. Bill Indelicato also commented, "With Jim
Hart's strong financial background and CFO experience, we
anticipate a relatively smooth transition to a new Chief Financial
Officer." 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-five locations in eleven states. DATASOURCE: Valley
National Gases Incorporated CONTACT: William A. Indelicato of
Valley National Gases, +1-203-853-4443 Web site:
http://www.vngas.com/
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