Crestwood Appoints Frances M. Vallejo to Its Board of Directors
February 01 2021 - 9:00AM
Business Wire
Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”)
announced today that Frances M. Vallejo has been appointed to serve
on the Board of Directors of its general partner.
Ms. Vallejo brings more than 30 years of experience in energy
and finance. From 1987 to 2016, Ms. Vallejo held numerous
leadership positions at ConocoPhillips (NYSE:COP), one of the
world’s largest independent exploration and production companies,
including vice president of corporate planning and development, and
vice president and treasurer. She also held other geophysical,
commercial and finance roles during this period. She served as a
member of the Board of Trustees of Colorado School of Mines from
2010 until 2016 and is currently a member of the Colorado School of
Mines Foundation Board of Governors. Ms. Vallejo holds a Bachelor
of Science in mineral engineering mathematics from Colorado School
of Mines and a Masters of Business Administration from Rice
University, where she was named a Jones Scholar. Ms. Vallejo also
serves on the board of directors of Cimarex Energy Co. (NYSE:XEC)
where she is a member of the Audit Committee, the Nominating and
Corporate Governance Committee and provides board oversight of the
company’s approach to sustainability.
“We are very pleased that Frances Vallejo has agreed to join the
board of Crestwood and add her considerable industry experience to
help drive Crestwood’s long-term financial and sustainability
strategies,” said Robert G. Phillips, Chairman, President and Chief
Executive Officer of Crestwood’s general partner. “She’s an
exceptional leader whose breadth of knowledge in the finance and
energy markets will be invaluable to Crestwood as we look to expand
our midstream business portfolio and enhance our commitment to
being a leader in ESG/Sustainability. Frances will also serve as an
excellent mentor for Crestwood employees who value her business
acumen, diverse outlook and leadership style.”
With the appointment of Ms. Vallejo, the Crestwood Board of
Directors consists of nine members, six of whom are independent.
Ms. Vallejo will serve on the Audit, Finance and Sustainability
Committees.
About Crestwood Equity Partners LP
Houston, Texas, based Crestwood Equity Partners LP (NYSE: CEQP)
is a master limited partnership that owns and operates midstream
businesses in multiple shale resource plays across the United
States. Crestwood Equity is engaged in the gathering, processing,
treating, compression, storage and transportation of natural gas;
storage, transportation, terminalling and marketing of NGLs;
gathering, storage, terminalling and marketing of crude oil; and
gathering and disposal of produced water. Visit Crestwood Equity
Partners LP at www.crestwoodlp.com; and to learn more about
Crestwood’s sustainability efforts, please visit
https://esg.crestwoodlp.com.
Forward Looking Statements
This press release may include certain statements concerning
expectations for the future that are forward-looking statements as
defined by federal securities law. Such forward-looking statements
are subject to a variety of known and unknown risks, uncertainties,
and other factors that are difficult to predict and many of which
are beyond management’s control. These risks and assumptions are
described in Crestwood’s annual reports on Form 10-K and other
reports that are available from the United States Securities and
Exchange Commission. Readers are cautioned not to place undue
reliance on forward-looking statements, which reflect management’s
view only as of the date made. We undertake no obligation to update
any forward-looking statement, except as otherwise required by
law.
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Crestwood Equity Partners LP Investor Contacts
Josh Wannarka, 713-380-3081 josh.wannarka@crestwoodlp.com Senior
Vice President, Investor Relations, ESG & Corporate
Communications
Rhianna Disch, 713-380-3006 rhianna.disch@crestwoodlp.com Director, Investor
Relations Sustainability and Media Contact Joanne Howard,
832-519-2211 joanne.howard@crestwoodlp.com Vice President,
Sustainability and Corporate Communications
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