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twitterCEO resigning
Wednesday, Feb. 12, 2003 | 9:47 a.m.
HOUSTON -- William Wise will leave El Paso Corp. at year's end, walking away from the company he built over more than three decades into the nation's largest natural gas pipeline system.
The company Tuesday offered no explanation for Wise's decision to retire at 57, nor did he comment beyond his prepared statements.
As the company's financial and legal woes have mounted and its stock price has dwindled to less than $5 per share, speculation has increased that he might be forced out.
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