BNET Industries

Market Cap:$1.7B
Last Fiscal Year Sales:$3.7B
  • Public
  • US
Dow Jones Description

Nicor Inc. (NYSE: GAS) is a holding company and is a member of the Standard & Poor's 500 Index. Its primary business is Nicor Gas, one of the nation's largest natural gas distribution companies. Nicor owns Tropical Shipping, a containerized shipping business serving the Caribbean region and the Bahamas. In addition, the company owns and has an equity interest in several energy-related businesses.

President & Chief Executive Officer
Russ M. Strobel
Number of Employees 3,900
Contact Information

1844 Ferry Road

Naperville, Illinois 60563-9600

www.nicor.com

630-305-9500

NAICS Code Natural Gas Distribution: 221210

Recent Events

  • Nicor's Subsidiary Birdsall Agrees To Buy Deluxe Freight For Undisclosed Price - Quick Facts

    11/06/09 - Merger / Acquisition - View Story

  • Nicor Q3 net income increases

    11/05/09 - Financial Announcement - View Story

  • Stocks End Mixed on GDP News

    7/31/09 - Financial Announcement - View Story

  • Nicor Declares Dividend

    7/23/09 - Stock Split / Dividend - View Story

News & Analysis

nicor inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Russ M. Strobel President & Chief Executive Officer
Richard L. Hawley Executive Vice President & Chief Financial Officer
Daniel R. Dodge Executive Vice President, Diversified Ventures
Barbara A. Zeller Vice President, Information Technology
D. Scott Lewis Vice President, Governmental Relations
Douglas M. Ruschau Vice President & Treasurer
Karen K. Pepping Vice President & Controller
Kary D. Brunner Director, Investor Relations
Claudia J. Colalillo Senior Vice President, Human Resources & Corporate Communications
Gerald P. O'Connor Senior Vice President, Finance & Strategic Planning
Paul C. Gracey Senior Vice President, General Counsel & Secretary

Board of Directors

Name (plus bio) Position
Armando J. Olivera Board of Directors
Brenda J. Gaines Board of Directors
Bruce P. Bickner Board of Directors
Dennis J. Keller Board of Directors
Georgia R Nelson Board of Directors
John C. Staley Board of Directors
John H. Birdsall Board of Directors
John Rau Board of Directors
Norman R Bobins Board of Directors
R. Eden Martin Board of Directors
Raymond A. Jean Board of Directors
Robert M Beavers Jr. Board of Directors

Organization Position Status
Northern Illinois Gas Company Chief Executive Officer Current
Nicor Inc. President & Chief Executive Officer Current
Nicor Advanced Energy Chairman, President and Chief Executive Officer Current
D.M. Dykstra & Co Chairman, President and Chief Executive Officer Current
Northern Illinois Gas Company President Current
NICOR Technologies President & CEO Current
NICOR NGV Corp. President Current
NICOR Hub, Inc. President Current
NICOR Energy Services Company Chairman, President and Chief Executive Officer Current
Northern Illinois Gas Company Chairman Current
Nicor Inc. Chairman Current
The Illinois Business Roundtable Treasurer Current
Chicago Symphony Orchestra Board of Directors Current
Commercial Club of Chicago Member Current
Chicago Symphony Orchestra Trustee Current
Economic Club of Chicago Member Current
Nicor Inc. Executive Vice President Former
Illinois.Com, Inc. Director of the United Service Organizations Former
Chicago Symphony Orchestra Trustee Former
Nicor Inc. General Counsel Former
Nicor Inc. Director Former
Northern Illinois Gas Company Director Former
University of Illinois Juris Doctor Former
University of Illinois bachelor of arts degree in political science Former
Northwestern University Bachelor of Arts Degree In Political Science Former

Organization Position Status
NICOR NGV Corp. CFO Current
NICOR Energy Services Company Executive Vice President and Chief Financial Officer Current
Northern Illinois Gas Company Chief Financial Officer Current
D.M. Dykstra & Co Executive Vice President and Chief Financial Officer Current
Nicor Advanced Energy Executive Vice President and Chief Financial Officer Current
Nicor Inc. Executive Vice President & Chief Financial Officer Current
Northern Illinois Gas Company Executive Vice President Current
Whitney Equipment Company, Inc. Industrial Division Manager, Secretary, Treasurer Current
Fisher Communications Inc. Board of Directors Current
American Institute of Certified Public Accountants Member Current
Belle Vue Chief Financial Officer Former
Puget Sound Energy, Inc. Chief Financial Officer Former
Puget Energy, Inc. Chief Financial Officer Former
University of Washington Mechanical Engineer Former
University of Washington bachelor's of arts degree in business administration Former
Fisher Communications Inc. member Former

Daniel R. Dodge is executive vice president diversified ventures of Nicor. Dodge oversees Other Energy Ventures, the non-utility segment, including Nicor Solutions, Nicor Services, Nicor Home Services and Nicor Enerchange L.L.C. His responsibilities focus on non-regulated energy affiliates and business development. Dodge joined Nicor Gas in 1998. Prior to joining Nicor Gas, Dodge was employed with MidCon Corporation for twenty-one years and held numerous positions including vice president asset development and occidental energy ventures. He earned a bachelor's degree in mechanical engineering from the University of Illinois in 1975 and a master's in business administration from the University of Illinois in 1977.

Organization Position Status
Nicor Inc. Executive Vice President, Diversified Ventures Current
D.M. Dykstra & Co Executive Vice President Diversified Ventures Current
NICOR Energy Services Company Executive Vice President Diversified Ventures Current
Nicor Advanced Energy Senior Vice President Current
Northern Illinois Gas Company Senior Vice President, Diversified Ventures and Corporate Planning Former
NICOR Energy Services Company Senior Vice President, Diversified Ventures and Corporate Planning Former
Midcon, Inc Former
University of Illinois Master's In Business Administration Former
University of Illinois Bachelor's Degree In Mechanical Engineering Former
Northern Illinois Gas Company Team Member Former

Organization Position Status
D.M. Dykstra & Co Vice President Information Technology Current
Nicor Advanced Energy Vice President Information Technology Current
Nicor Inc. Vice President, Information Technology Current
NICOR Energy Services Company Vice President Information Technology Current
Northern Illinois Gas Company Assistant Vice President of the Information Services Department Former
University of Chicago Master's Degree In Business Administration Former
Roosevelt University Bachelor's Degree Former

Scott Lewis is vice president governmental relations of Nicor and Nicor Gas. He is responsible for community relations, economic development, state and federal legislative strategies and state regulatory activities. Lewis joined Nicor in 1984 and has worked in a number of positions including rate analyst, media relations specialist, supervisor division sales, and general manager and assistant vice president governmental relations. Lewis received a bachelor's of arts degree in journalism from the University of Arizona in 1978 and a master's degree in business administration from DePaul University in 1994.

Organization Position Status
Nicor Inc. Vice President, Governmental Relations Current

Douglas M. Ruschau is vice president and treasurer of Nicor and Nicor Gas. He is responsible for the treasury and cash management functions of the company as well as wholesale credit. Ruschau returned to Nicor in October 2007 after spending the past five years as vice president finance and treasurer for Peoples Energy Corporation in Chicago. He originally joined Nicor in 1980 and held various positions at Nicor and Nicor Gas, including assistant vice president finance of both companies – a position he held from 1998-2002. Ruschau earned a bachelor's degree in finance from the University of Illinois, Champaign-Urbana and a master's in business administration from Loyola University of Chicago. He is a member of the American Gas Association.

Organization Position Status
Nicor Inc. Vice President & Treasurer Current
People's Energy Corp. Vice President (Finance) Former
Nicor Inc. Assistant Vice President Finance Former
People's Energy Resources Corp. Vice President, Finance & Treasurer Former
People's Energy Corp. Board of Directors Former

Organization Position Status
Nicor Advanced Energy Vice President and Controller Current
Nicor Inc. Vice President & Controller Current
Northern Illinois Gas Company Vice President Current
D.M. Dykstra & Co Vice President and Controller Current
Northern Illinois Gas Company Controller Current
NICOR Energy Services Company Vice President and Controller Current
Illinois CPA Society Board of Directors Current
American Institute of Certified Public Accountants Member Current
Illinois CPA Society Member Current
Tellabs, Inc. Director of Accounting Former
Wallace Computer Services Assistant Controller Former
DePaul University Master's In Finance Former
Bradley University Bachelor's Degree In Accounting Former

Kary D. Brunner is director investor relations of Nicor, a position he has held since November 2008. Brunner’s responsibilities also include stockholder services. Previously, he was manager of financial planning and analysis for Nicor and Nicor Gas since 2007. Brunner began his career with Nicor in 2001 as a financial business analyst and since that time has held various roles in accounting, budgeting and forecasting. Prior to joining Nicor, he was employed by Crane Co., a diversified manufacturer, in various treasury and accounting functions. Brunner earned a bachelor’s of science degree in business administration from Clearwater Christian College in 1996. He is a member of the American Gas Association and the National Investor Relations Institute.

Organization Position Status
Nicor Inc. Director, Investor Relations Current

Organization Position Status
Nicor Advanced Energy Senior Vice President Human Resources and Corporate Communications Current
Northern Illinois Gas Company Senior Vice President Human Resources and Corporate Communications Current
Nicor Inc. Senior Vice President, Human Resources & Corporate Communications Current
NICOR Energy Services Company Senior Vice President Human Resources and Corporate Communications Current
D.M. Dykstra & Co Senior Vice President Human Resources and Corporate Communications Current
Aurora University Advisory Board Member Current
Society for Human Resource Management Board of Directors Current
Benedictine University Board of Directors Current
Society for Human Resource Management Member Current
Northern Illinois University Masters certificate Former
Northern Illinois University Masters certificate Former
University of Minnesota Bachelor of Arts Degree Former
Aspen Institute Executive Development Leadership Former

Gerald O'Connor is senior vice president finance and strategic planning of Nicor and Nicor Gas. O'Connor has responsibility for risk management and insurance, corporate planning, rates, and financial analysis. Previously, he led the Continuous Business Improvement process, and earlier internal audit group and implementation of best practices in the gas procurement area. He has over 20 years experience as a senior executive with domestic and international manufacturing, energy, and high technology companies. His background includes business start-ups, mergers & acquisitions, energy marketing, risk management, international financial management and serving on boards of directors. Prior to joining Nicor, O’Connor was a partner with Tatum Partners LLC, providing financial consulting services to clients in the utility, investment banking and energy industries. Prior to that, O'Connor was vice president and chief financial officer of Aux Sable Liquid Products, a $500 million gas processor and natural gas liquids marketer, serving industrial and commercial markets. O’Connor has a bachelor’s degree in commerce from University College Dublin, received a master's in business administration from Utah State University, and is a Chartered Certified Accountant (FCCA). He has served on the board of directors of several companies, and is currently a committee member of the Chicago Sister Cities International Program.

Organization Position Status
Nicor Inc. Senior Vice President, Finance & Strategic Planning Current
NICOR Energy Services Company Senior Vice President Finance and Treasurer Current
D.M. Dykstra & Co Senior Vice President Finance and Stategic Planning Current
Nicor Advanced Energy Vice President Finance and Treasurer Current
Northern Illinois Gas Company Vice President Finance Current
Northern Illinois Gas Company Treasurer Current
Aux Sable Liquid Products LP Chief Financial Officer Former
Aux Sable Liquid Products LP Vice President Former
Nicor Inc. Treasurer Former
Utah State University Master's In Business Administration Former
University College Dublin Bachelor's Degree In Commerce Former

Organization Position Status
NICOR Energy Services Company Senior Vice President, General Counsel and Secretary Current
Northern Illinois Gas Company Senior Vice President Current
D.M. Dykstra & Co Senior Vice President, General Counsel and Secretary Current
Northern Illinois Gas Company General Counsel Current
Nicor Inc. Senior Vice President, General Counsel & Secretary Current
NICOR Energy Services Company General Counsel Current
D.M. Dykstra & Co Secretary Current
NICOR Energy Services Company Secretary Current
Northern Illinois Gas Company Secretary Current
D.M. Dykstra & Co General Counsel Former
University of California, Hastings College of the Law Juris Doctor Former
University of Michigan Bachelor's Degree In Business Administration Former

Armando Olivera is president and chief executive officer of Florida Power & Light Company (FPL), the rate-regulated electric utility subsidiary of FPL Group, Inc., and one of the largest investor-owned electric utilities in the nation. He was appointed president in June 2003. Under Mr. Olivera's leadership, FPL has invested heavily in ensuring reliable service and meeting strong current and projected growth in demand for electric power in its vast service territory. FPL has one of the most efficient fossil power plant fleets in the nation and has taken a number of additional actions to mitigate high fuel costs. The company has implemented an industry-leading program to harden its electric system against hurricanes as well as ensure everyday reliability. Mr. Olivera joined FPL in 1972 and has served in a variety of management positions in the areas of transmission and distribution operations, fuels management, and strategic planning and resource allocation. His position before becoming president was as senior vice president of FPL's Power Systems business unit. Mr. Olivera holds a Bachelor of Science degree in electrical engineering from Cornell University and a Master of Business Administration degree from the University of Miami. He also is a graduate of the professional management development program of the Harvard Business School. In 2007, Mr. Olivera was appointed by Florida Governor Charlie Crist to serve on the Florida Governor's Action Team on Energy and Climate Change, which is tasked with developing a comprehensive strategy that achieves targets for statewide greenhouse gas reductions. He is the current president of the Southeastern Electric Exchange, immediate past chairman of the Florida Reliability Coordinating Council (FRCC), and a member of the board of Enterprise Florida, as well as a member of Cornell University Engineering Council and Cornell University Council.

Organization Position Status
FPL Group, Inc. President and CEO Current
Florida Power & Light Company Chief Executive Officer Current
Florida Power & Light Company President Current
Southeastern Electric Exchange, Inc President Current
Florida Power & Light Company Board of Directors Current
Enterprise Florida, Inc. Board of Directors Current
Southeastern Electric Exchange, Inc Board of Directors Current
Nicor Inc. Board of Directors Current
University of Miami Master of Business Administration Degree Former

Business experience: Retired since 2004; formerly Chief Executive Officer 2002-2004, President, 1999-2004, Executive Vice President – Corporate Card Sales, 1994-1999, Diners Club North America, a division of Citigroup (Charge/Credit Cards). Directorships: Federal National Mortgage Association (Fannie Mae); Office Depot, Inc.; Tenet Healthcare Corporation.

Organization Position Status
Nicor Inc. Board of Directors Current
Tenet Healthcare Corporation Board of Directors Current
Office Depot, Inc. Board of Directors Current
Fannie Mae Board of Directors Current
Loews Corporation Chief Executive Officer Former
CNA Financial Corporation Chief Executive Officer Former
University of Chicago President Former
Loews Corporation Chief Investment Strategist Former
Citigroup Inc. Senior Vice President of Diners Club Former
U.S. Department of Housing and Urban Development regional administrator Former
CNA Financial Corporation Board of Directors Former
Roosevelt University master's degree in public administration Former
University of Illinois bachelor's degree Former

Business experience: Independent consultant since 2002; formerly Chairman and Chief Executive Officer, 1985-2002, DEKALB Genetics Corporation (Agricultural Genetics and Technology); Executive Vice President, 1999-2001, and Co-President Global Seed Group, 1998-1999, Monsanto Company (Agricultural Seed, Traits and Chemicals).

Organization Position Status
Nicor Inc. Board of Directors Current
Gel Med Sciences, Inc Board of Directors Current
AMLI Residential Properties Trust Board of Directors Current
Monsanto Company Executive Vice President Former
Sidley Austin LLP Partner Former
University of Michigan JD Former
DePauw University Undergraduate Degree In Political Science Former

Business experience: Retired; formerly Board Chair 1987-2008, Co-Chief Executive Officer 2002-2004 and Chief Executive Officer 1987-2002, DeVry Inc., as well as Board Chair 2002-2008, DeVry University, Inc. (Technical and Management Education).

Organization Position Status
Nicor Inc. Board of Directors Current

Organization Position Status
NICOR Energy Services Company Board of Directors Current
Nicor Inc. Board of Directors Current

Organization Position Status
Northern Illinois Gas Company Board of Directors Current
Icu Medical Set Source Director Current
Nicor Inc. Board of Directors Current
Hospira, Inc. Board of Directors Current
DePaul University Chairman Former

Business experience: Private investor; formerly President, 1982-1986, Birdsall, Inc., a subsidiary of Nicor. (Containerized Shipping).

Organization Position Status
Nicor Inc. Board of Directors Current

Organization Position Status
Miami Corp. CEO Current
Western Reserve Academy Chairperson Current
Ravinia Festival Director Current
First Industrial Realty Trust, Inc. Director Current
Wm. Wrigley Jr. Company Board Director Current
BorgWarner, Inc. Director Current
Chicagoland Chamber of Commerce Director Current
Miami Corp. Director Current
Harris Bank, N.A. Director Current
Eki Consulting Board of Directors Current
Nicor Inc. Board of Directors Current
The Trust Foundation Board of Directors Current
Evanston Northwestern Healthcare Director Current
Chicago Shakespeare Theater Director Current
Economic Club of Chicago Director Current
Interventures, LLC Director Current
Wm. Wrigley Jr. Company Compensation Committee Member Current
Chicago Title Corporation Trustee Current
La Salle National Bank Chief Executive Officer Former
Chicago Title Corporation Chief Executive Officer Former
Trustco, Inc Chief Executive Officer Former
La Salle National Bank President Former
Chicago Title Corporation President Former
Miami Corp. President Former
Trustco, Inc President Former
Trustco, Inc Executive Officer Former
Security Union Title Insurance Company Executive Officer Former
First Industrial Realty Trust, Inc. Chairman Current
Chicago Title Corporation Executive Officer Former
Northwestern University Visiting Scholar Former
McKinsey & Company, Inc. Counsel Former
Kelley School of Business Bloomington Dean Former
Exchange National Bank Former
First National Bank of Chicago Former
Security Union Title Insurance Company Director Former
Chicago Title Insurance Company Director Former
Trustco, Inc Director Former
Chicago Title Corporation Director Former
Harvard University Master's Degree In Business Administration Former
Boston College Bachelor's Degree Former
Commercial Club of Chicago member Former

Organization Position Status
The Illinois Business Roundtable Chairman, President and Chief Executive Officer of Lasalle Bank Current
ABN/LaSalle North America Inc. President Current
Children's Brain Research Foundation Vice President Current
PrivateBancorp Inc. Chairman Current
The Private Bank Non-Executive Chairman Current
Nicor Inc. Board of Directors Current
Global Hyatt Corporation Director Current
Sims Group Ltd. Board of Directors Current
Ebrigade Board Member, Board of Education Current
Chicago Conservation Center, Inc. Board of Directors Current
The Financial Services Roundtable Board of Directors Current
Children's Brain Research Foundation Board of Directors Current
University of Chicago Board of Directors Current
The Field Museum Board of Directors Current
Metal Management, Inc. Director Current
Education, Inc. Board of Directors Current
The Newberry Library Board of Directors Current
Privatebancorp, Inc. Board of Directors Current
The Financial Services Roundtable Member Current
The Illinois Business Roundtable Member Current
University of Chicago Member Current
LaSalle Bank Corporation Chief Executive Officer Former
LaSalle Bank Corporation Chairman Former
Exchange National Bank Chief Lending Officer Former
LaSalle Bank Corporation President Former
Abn Amro Bank N.V Senior Executive Vice President Former
Sims Group Ltd. Director of Metal Management Former
Chicagoland Chamber of Commerce Chairman of the Board Former
Transco Inc. Vice Chairman Former
University of Chicago M.B.A. Former
University of Wisconsin B.S. Former
University of Chicago B.S. Degree Former

Organization Position Status
Chicago Symphony Orchestra Life Trustee Current
Sidley Austin LLP Of Counsel Current
Northwestern University Audit Committee Chair Current
Aon Corporation Director Current
Northern Illinois Gas Company Board of Directors Current
Nicor Inc. Board of Directors Current
Chicago Board Options Exchange Board of Directors Current
Aon Corporation Compliance Committee Member Current
Sidley Austin LLP Partner Former
Sidley Austin LLP Management Committee Chairman Former
Northwestern University Member, Board of Trustees Former
Jessup International Moot Court Team member Former

Organization Position Status
Quanex Building Products Corporation Chief Executive Officer Current
Quanex Building Products Corporation President Current
Quanex Building Products Corporation Chairman Current
AMSTED Industries Incorporated Board of Directors Current
Nicor Inc. Board of Directors Current
AMSTED Industries Incorporated Corporate Vice President Former
Quanex Building Products Corporation Board of Directors Former
University of Chicago MBA Former
University of Maine BS In Engineering Physics Former

Array

Organization Position Status
Nicor Inc. Board of Directors Current
McDonald's Corporation Board of Directors Current

Executive News

  • Nicor Declares Dividend

    TradingMarkets - 7/23/09 - View Story

  • Nicor Home Services Receives Top Rating From Better Business Bureau

    Forbes.com - 7/13/09 - View Story

  • Nicor Home Services Receives Top Rating From Better Business Bureau

    Reuters - 7/13/09 - View Story

  • Nicor Home Services Receives Top Rating From Better Business Bureau

    Business Wire - 7/13/09 - View Story

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     GAS $38.34 -0.11 (-0.29% )
Average Volume 357,770
Shares Outstanding 45.23M
Market Cap 1.7B
Year High 43.28
Year Low 27.5
Earnings Per Share 2.81
P/E Ratio 13.64
Dividend 1.86
Yield 4.85
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