PEOPLE - ENERGY

PEOPLE - ENERGY

MONTANA POWER CO. (Butte, Mont.) - Frank V. Woy, executive vice president of finance and amember of the board, will retire June 1, after 38 years of service.

Jerrold P. Pederson will succeed Mr. Woy. Mr. Pederson, controller for the past eight years, was named vice president of corporate finance and controller.