DALLAS, June 25, 2018 /PRNewswire/ -- The EnLink
Midstream companies (EnLink), EnLink Midstream,
LLC (NYSE: ENLC), the General Partner, and EnLink
Midstream Partners, LP (NYSE: ENLK), the Master Limited
Partnership, announced today that EnLink's Boards of Directors
approved several changes to EnLink's executive and senior
leadership teams.
"EnLink is at an exciting point in our journey," said
Michael J. Garberding, President and
Chief Executive Officer. "We recently announced plans for a new,
long-term strategic partnership with Global Infrastructure
Partners, and we continue to proactively transform our company to
better align our leadership team with our strategic plan and its
geographically driven, cross-commodity growth strategies. These
leadership changes will generate further cross-commodity focus,
more efficiencies for our business, stronger customer service, and
increased growth opportunities to ensure our lasting success."
Benjamin D. Lamb is
promoted to Executive Vice President and Chief Operating Officer.
He will lead commercial and operational efforts across all of
EnLink's asset areas, ensuring the successful execution of EnLink's
strategic plan and seven growth strategies.
Lamb joined EnLink's predecessor company, Crosstex Energy, in
2012 and has played a key role in the development and execution of
the company's strategic plan, including leading several
transformative acquisitions. Most recently, Lamb served as
Executive Vice President of Oklahoma and North
Texas, overseeing operations and commercial activity in
EnLink's key supply basins.
Alaina K. Brooks is
promoted to EnLink's Executive Leadership Team as Executive Vice
President, Chief Legal and Administrative Officer, and Secretary.
She will lead several departments across the company, including
legal, regulatory, human resources, public and industry affairs,
and environmental, health, and safety. She continues to play a
leadership role in the creation and successful execution of
EnLink's strategic plan.
Brooks joined EnLink's predecessor company in 2008 and has
filled several legal roles since that time, most recently as Senior
Vice President and General Counsel. She has overseen litigation,
commercial contracts, mergers and acquisitions, regulatory issues,
and other legal matters while working alongside EnLink's leadership
team in the execution of EnLink's strategic plan and all major
company transactions.
Eric D. Batchelder,
Executive Vice President and Chief Financial Officer, will add
corporate development to his CFO responsibilities, leading the
company's strategy around investments, growth opportunities, and
financing.
Batchelder joined EnLink in January
2018 as Executive Vice President and CFO. He has more than
15 years of financial leadership experience in the energy sector,
most recently as Managing Director, Energy Investment Banking at
RBC Capital Markets, where he was responsible for transaction
structuring, capital markets activity, strategic planning, business
development efforts, and maintaining key client relationships for
the bank's U.S. midstream energy advisory business.
The Executive Leadership Team is led by Garberding, who remains
President and CEO, and Barry E.
Davis, who remains Executive Chairman.
Other Leadership Changes
EnLink also announced
promotions of the following senior leaders, who will report to
Lamb:
- Michael S. Burdett to Senior
Vice President – Texas
- Cynthia L. Jaggi to Senior Vice
President – Oklahoma
- Christopher H. Tennant to Senior
Vice President – Louisiana
- Jared C. Larew to Senior Vice
President – Engineering
By refocusing the company leadership on its geographic growth
strategies, EnLink is also changing its historic structure of
having liquids and gas business units to instead focus on four core
asset teams: Oklahoma, Permian,
North Texas, and Louisiana.
Additionally, McMillan (Mac)
Hummel, EnLink Executive Vice President and President of the
Liquids Business Unit, is leaving the company and will be pursuing
other interests. Hummel has been with EnLink since its creation in
2014.
"Our combined executive and senior leadership teams bring
considerable drive and deep expertise, and I am excited to start a
new chapter in EnLink's journey with this team in place,"
Garberding said. "At the same time, we are thankful to Mac for his
service, as he played an important role in getting EnLink to where
we are today. We wish him success."
About the EnLink Midstream Companies
EnLink provides integrated midstream services across natural gas,
crude oil, condensate, and NGL commodities. EnLink operates in
several top U.S. basins and is strategically focused on the core
growth areas of the Permian's Midland
and Delaware basins, Oklahoma's Midcontinent,
and Louisiana's Gulf Coast. Headquartered in Dallas,
EnLink is publicly traded through EnLink Midstream,
LLC (NYSE: ENLC), the General Partner, and EnLink
Midstream Partners, LP (NYSE: ENLK), the Master Limited
Partnership. Visit www.EnLink.com for more information on how
EnLink connects energy to life.
Forward-Looking Statements
This press release
contains forward-looking statements within the meaning of the
federal securities laws. These statements are based on certain
assumptions made by EnLink Midstream Partners, LP (the Partnership)
and EnLink Midstream, LLC (the General Partner) based upon
management's experience and perception of historical trends,
current conditions, expected future developments and other factors
the Partnership and the General Partner believe are appropriate in
the circumstances. These statements include, but are not limited
to, statements with respect to the closing of the transaction
between Devon and Global Infrastructure Partners, the addition of
Global Infrastructure Partners as a part of the Partnership as well
as the Partnership's future growth and results of operations. Such
statements are subject to a number of assumptions, risks and
uncertainties, many of which are beyond the control of the
Partnership and the General Partner, which may cause the
Partnership's and the General Partner's actual results to differ
materially from those implied or expressed by the forward-looking
statements. These risks include, but are not limited to, risks
discussed in the Partnership's and the General Partner's filings
with the Securities and Exchange Commission. The Partnership and
the General Partner have no obligation to publicly update or revise
any forward-looking statement, whether as a result of new
information, future events or otherwise.
Investor Relations: Kate
Walsh, Vice President of Investor Relations, 214-721-9696,
kate.walsh@enlink.com
Media Relations: Jill
McMillan, Vice President of Public & Industry
Affairs, 214-721-9271, jill.mcmillan@enlink.com
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SOURCE EnLink Midstream