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Business 2002 P4



Williams' chief financial officer to retire
Williams on Tuesday announced that its chief financial officer Jack McCarthy, 59, will retire at year-end.

Wisconsin Public Service Corp. closes purchase of the De Pere Energy Center
WPS Resources Corp. Monday announced that its electric and natural gas subsidiary, Wisconsin Public Service Corp., completed the purchase of the 180-megawatt De Pere Energy Center from Calpine Corp.

CoServ Electric and CoServ Telecom complete reorganization
CoServ Electric and CoServ Telecom Friday announced that their two Chapter 11 plans previously confirmed by the U.S. Bankruptcy Court have become effective, completing the Chapter 11 reorganization process for all CoServ entities that was first initiated voluntarily by certain CoServ entities November 30, 2001.

Moody's confirms rating of TXU Energy, downgrades Oncor
Moody's confirmed ratings assigned to TXU Energy at Baa2 sr. unsecured and downgraded the secured ratings assigned to Oncor Electric Delivery to Baa1 from A3.

SUMMIT Electric Supply acquires Warren Electric Group
SUMMIT Electric Supply Thursday announced that it will acquire Warren Electric Group for $10.5 million.

Cinergy appoints Bennett Gaines as vice president and chief technology officer
Cinergy Corp. announced Friday the appointment of Bennett L. Gaines as vice president and chief technology officer with responsibility for the delivery of information technology services to the company, effective January 13, 2003.

Lynn promoted to vice president at UniSource Energy and Tucson Electric Power
Steven W. Lynn, manager of corporate relations and communications at UniSource Energy and TEP, will be promoted to vice president of communications and government relations at UniSource Energy and TEP.

Nicor announces organizational changes
Nicor Inc. on Friday announced a series of officer appointments and realignments of business units for Nicor and its wholly owned subsidiary Nicor Gas.

Cummins Power Generation to sell and service Kawasaki gas turbine-powered generator sets
Under a new agreement, Cummins Power Generation will market, sell and service generator sets and power systems powered by Kawasaki gas turbines in the Americas.

Charles Q. Chandler appointed chairman of the Westar Energy Board
Westar Energy announced Friday that Charles Q. Chandler IV has been appointed non-executive chairman of the Board of Directors.

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