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Kist resigns as Pacific NorthWest LNG president; Progress Energy CEO acting president

Greg Kist has resigned as president of Pacific NorthWest LNG.
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Pacific NorthWest LNG president Greg Kist

Greg Kist has resigned as president of Pacific NorthWest LNG.

The company announced Kist's resignation on Oct. 24, saying he would be "returning to his home and family in Alberta".

"Under Greg's leadership, the company was formed and continues to work towards a final investment decision this year. He leaves Pacific NorthWest LNG as a strong company with an excellent management team and a committed, dedicated group of employees," said Pacific NorthWest LNG board of directors chair Dato' Wee Yiaw Hin in a statement.

"We wish him much success in Alberta and want to ensure continuity of leadership during this period of transition."

As well as announcing Kist's resignation, the company planning to build an LNG export terminal on Lelu Island announced the appointment of board member and Progress Energy president and CEO Michael Culbert to the role of acting president.

While he may not be with the company any more, Kist said he remained confident Pacific NorthWest LNG will "fulfill its mandate".

"Pacific NorthWest LNG has made a huge contribution to the province of British Columbia and it was a pleasure to be part of such a vibrant and dynamic organization," he said.