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Fortnightly Magazine - January 15 1997


QST Communications, Inc., a CILCORP, Inc. subsidiary, hired Ashley E. Bowden as COO. Bowden comes from Westminster Bank USA, where he was v.p. of non-branch banking, and prior to that, Sprint International.

American Gas Finance Co. (GasFinCo), a new, for-profit company that will use FannieMae capital to make consumer loans for energy-efficiency improvements, has picked a chairman: Laurence Downes, also chair of New Jersey Resources and New Jersey Natural Gas. Downes sits on the American Gas Association board. GasFinCo investors are AGA-member local natural gas distribution companies.

Richard E. Disbrow, former chairman and CEO of American Electric Power, died at age 66. Disbrow joined AEP Service Corp. in 1954 and became chairman and CEO of the parent company in 1992. He retired May 1, 1993. He had worked for the company for 38 years. t


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