WGL Holdings Inc. / WGL
Washington Gas Safety Compliance auditors travel across the service territory to train, monitor and evaluate the company's safety performance. (Photo: Courtesy of company.)
About WGL Holdings Inc.
101 Constitution Ave. NW, Washington, D.C. 20080
www.wglholdings.com
| 703-750-1000
| Founded: 1848
Industry: Energy | Category: Top 100 Companies
Washington Gas embarked on a $144 million project last year to repair thousands of leaks in underground natural gas lines in Prince George's County. The problem, affecting a 100-square-mile area, was detected after a District Heights house exploded in late March. Residents had complained of gas odors before the blast.
The utility concluded that imported liquefied natural gas it began using in 2003 was drying seals on couplings that link sections of pipe, causing leaks. The project is scheduled to be completed in late 2007.
During the past year, Washington Gas's customer base continued to increase, reaching 1,012,105 at the end of fiscal year 2005, up from 990,062 a year earlier, according to the utility.
Chairman and CEO: James H. DeGraffenreidt Jr.
President and COO: Terry D. McCallister
2007 Financial Data
Total employees: 1,868 | Local employees: 1,868Company Leadership
| James H. DeGraffenreidt Jr. | Chairman and CEO |
| Terry D. McCallister | President and COO |
| Frederic M. Kline | VP and CFO |
| Beverly J. Burke | VP and General Counsel |
| Thomas F. Bonner | VP, Washington Gas Light Co. |
Source: S&P's Capital IQ
|
James H. DeGraffenreidt Jr. Chairman and CEO |
$3,900,383 Salary: $705,000 |
|
Terry D. McCallister President and COO |
$1,901,699 Salary: $425,000 |
|
Frederic M. Kline VP and CFO |
$1,274,795 Salary: $320,000 |
|
Beverly J. Burke VP and General Counsel |
$1,076,764 Salary: $295,000 |
|
Thomas F. Bonner VP, Washington Gas Light Co. |
$898,615 Salary: $260,000 |
Did You Know
WGL Holdings is the parent company of Washington Gas Light Co., a regulated utility that serves more than 1 million residential, commercial and industrial customers in the District, Maryland and Virginia. The company also operates unregulated affiliates that sell natural gas and electricity to retail customers in competitive markets. Another unregulated business provides heating, ventilating and air-conditioning products and services to commercial customers.
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