Key Highlights

  • ONE Gas (NYSE: OGS) has added Nickolas Stavropoulos to its board, effective July 13, 2026, bringing the total number of directors to nine.
  • The appointment includes stock compensation valued at $140,000 under the company’s equity incentive program.
  • Stavropoulos brings over 40 years of leadership experience in natural gas and energy infrastructure.

Board Expansion Announced

ONE Gas has strengthened its governance structure by appointing Nickolas Stavropoulos to its board of directors, increasing the total number of members to nine. The decision, effective July 13, 2026, reflects the company’s commitment to enhancing its leadership with industry veterans. The existing board members will continue in their roles, maintaining stability in oversight and decision-making.

Stavropoulos’ Background

Stavropoulos previously held a senior executive role at Pacific Gas and Electric Company (PG&E), where he contributed to operational and strategic initiatives until his retirement in 2018. His career in the energy sector spans more than four decades, with leadership positions at major utility companies. His expertise includes regulatory compliance, infrastructure management, and corporate strategy in the natural gas industry.

Committee Assignments

As part of his board responsibilities, Stavropoulos will participate in key committees, including those focused on audit, corporate governance, and executive compensation. These assignments will allow him to contribute to financial transparency, board policies, and leadership accountability, areas critical to ONE Gas’ long-term success. He will also be granted company stock with a value of $140,000 under the firm’s equity compensation framework.

This structure aligns with industry standards for independent directors in the utility sector.

Industry Experience

Prior to his tenure at PG&E, Stavropoulos served as a top executive at National Grid, where he oversaw operations and strategic growth initiatives. His earlier career includes leadership roles at regional gas distribution companies, where he managed regulatory relationships and operational efficiency. His background in regulated utilities provides valuable insights for ONE Gas as it navigates industry challenges.

Educational Credentials

Stavropoulos earned a Bachelor of Science in accounting from Bentley University and an MBA from Babson College. His academic foundation supports his expertise in financial management and corporate leadership.

Current Board Roles

In addition to his role at ONE Gas, Stavropoulos serves on the board of Ameresco, a company specializing in renewable energy and energy efficiency solutions. His involvement in both traditional and clean energy sectors highlights his adaptability and forward-looking perspective on industry trends.

This article is for informational purposes only and does not constitute financial advice. Please consult a licensed financial adviser before making investment decisions.