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AGL Resources COO resigns after one year

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Posted 8:38AM on Friday 12th April 2002 ( 23 years ago )
ATLANTA - Susan A. McLaughlin has resigned as chief operating officer of AGL Resources after one year on the job at the parent company of Atlanta Gas Light Co. <br> <br> McLaughlin, who also was president of Atlanta Gas Light, is stepping down from the position as the Legislature completes action to revamp Georgia&#39;s 1997 natural gas deregulation law. <br> <br> The changes will have a major impact on Atlanta Gas Light, the supplier of natural gas for the state&#39;s deregulated marketers. <br> <br> Paula G. Rosput, chairman and chief executive of AGL, was quoted in a news release late Wednesday as saying the company was ``disappointed to lose an executive of Sue McLaughlin&#39;s caliber.&#39;&#39; <br> <br> Last year, McLaughlin had a salary of $148,558, plus a bonus of $250,000 and $13,976 in other compensation. <br> <br> Her duties will be assumed by Kevin P. Madden, whose new post is executive vice president of distribution and pipeline operations. Madden has served for a year as vice president of legal, regulatory and governmental strategy. <br> <br> Rosput came to AGL in 2000 from Duke Energy to replace Walter M. Higgins. Higgins replaced most senior managers after he was hired in 1998 from a Nevada utility. He resigned to return to Nevada. <br> <br> Rosput brought in McLaughlin and Madden last April as part of her own senior management team. <br> <br> McLaughlin had no gas utility experience. She had worked for BellSouth and Eastman Kodak. In an interview last fall, she said she ``never shied away from a challenge before.&#39;&#39;

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