Scana increases board, forms special litigation committee
Scana announced that it has increased the size of its board by two members and that two new independent directors, John Bachman and Patricia Galloway, have been elected to the board. Bachman and Galloway will serve as directors until the upcoming annual shareholders meeting at which time they will be presented for election by shareholders. The board also appointed Bachman and Galloway to a special litigation committee of the board formed for the purpose of investigating claims being alleged against current and former officers and directors of Scana in shareholder derivative actions pending in state and federal courts in South Carolina and determining whether it is in the best interests of Scana to pursue such claims. Galloway will serve as chair of the committee.