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Published on 4/16/2009 in the Prospect News Special Situations Daily.

CH Energy director nominees receive support from proxy advisory firm

By Lisa Kerner

Charlotte, N.C., April 16 - CH Energy Group, Inc. said RiskMetrics Group recommends that the company's shareholders vote for CH Energy's director nominees - Manuel J. Iraola, E. Michel Kruse and Ernest R. Verebelyi - at the annual meeting on April 28.

The proxy advisory firm also recommended that shareholders vote for the adoption of all proposals at the meeting, CH Energy said.

As previously reported, CH Energy shareholder Gamco Asset Management Inc. said it will solicit proxies to elect Clarence A. Davis, Michael I. German and Edward T. Tokar to become directors of the company, each for a three-year term expiring in 2012.

Davis is a director of the Gabelli Global Deal Fund and the Gabelli SRI Fund.

German is the chief executive officer, president and director of Corning Natural Gas Corp.

Tokar is also a director of the Gabelli Global Deal Fund and is a director of the Gabelli Dividend & Income Trust.

CH Energy is a Poughkeepsie, N.Y., electric and natural gas utility.


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