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Robert J Stefani Appoints as Chief Financial Officer by Southwest Gas

Robert J Stefani Appoints as Chief Financial Officer by Southwest Gas

Robert J. Stefani has been appointed as Senior Vice President and Chief Financial Officer by Southwest Gas Holdings, Inc. (NYSE: SWX) (hereafter referred to as “Southwest Gas” or the “Company”), effective November 30, 2022. Gregory J. Peterson, who will retire on November 30, 2022, will be succeeded by Mr. Stefani. Mr. Stefani will be a part of the Southwest Gas leadership team and report to President & CEO Karen S. Haller.

“Rob is a proven energy industry leader who is also skilled at developing teams and leaders, passionate about assisting veterans enter the civilian workforce, and understands our Company’s commitment to delivering long-term value. We are confident he is the right candidate for the position, and we are excited to have him join our team.

Mr. Stefani joins the company from PECO Energy, where he served as Senior Vice President, Chief Financial Officer, and Treasurer, and was in charge of all financial operations, including risk management, operational finance, capital markets, strategic investment, accounting, and financial strategy, planning, and analysis.

Mr. Stefani will be in charge of overseeing the internal audit, accounting, and financial processes in his capacity as CFO. In order to build and maintain long-term stockholder value, he will define the direction of crucial financial functions and establish strategies. He will concentrate on investor relations, financial planning and execution, financial reporting for the Company’s operating segments, and compliance with financial regulatory requirements.

Mr. Stefani provides a wealth of experience in financial planning and analysis, debt capital markets, treasury, corporate development, mergers and acquisitions, and treasury. He was the Vice President of Corporate Development at Exelon, PECO’s parent holding firm, prior to joining PECO. Additionally, Mr. Stefani was employed by Caterpillar Inc.’s Strategic Investments division. He had held positions as an investment banker at Citigroup and Marathon Capital before beginning his career in corporate development. In the naval aviation sector, Mr. Stefani started his career by enrolling in flight school and working as an officer in the United States Navy from 1996 to 2003. He graduated from the University of Notre Dame with a Business Administration – Accounting degree and from the University of Texas at Austin with an MBA.

“I’m very excited to work for Southwest Gas. The company has a distinctive value proposition and a solid platform on which to build and carry out its ambition as a dynamic energy provider of safe and dependable service to customers while inventing sustainable energy solutions that will power the development of our communities. I’m looking forward to working with the Southwest Gas team to develop our country’s energy future as Southwest Gas is positioned to be a leader in the energy transition “Mr. Stefani stated.

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