Columbia Pipeline Group Inc. (CPG) says that Lester P. Silverman has joined its board of directors in anticipation of CPG's separation from NiSource Inc. (NYSE: NI), which is expected to take place on July 1.
Silverman joins current NiSource Inc. board members that have been elected to serve on CPG's board of directors. They include Sigmund L. Cornelius, Marty R. Kittrell, W. Lee Nutter, Deborah S. Parker, Teresa A. Taylor, and Robert C. Skaggs.
Silverman is a director emeritus of McKinsey & Co. During his tenure, he headed up McKinsey's Electric Power and Natural Gas Practice from 1991 to 1999 and led the international consulting firm's Nonprofit Practice from 2000 to 2004. He previously held senior policy positions in the US Department of the Interior and Department of Energy.
Silverman currently serves as lead independent director of Pepco Holdings Inc., an energy technology startup company. He holds a Bachelor of Science degree in administration and management sciences from Carnegie Mellon University, a Master in Science degree in industrial administration, and a PhD in economics from Carnegie Mellon University.
Effective July 2, CPG is expected to be listed on the NYSE under the ticker symbol “CPGX.”