Benjamin D. Lamb Named Executive Vice
President and Chief Financial Officer
Walter Pinto Appointed to Executive Vice
President and Chief Operating Officer
DALLAS, Nov. 28,
2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE:
ENLC) (EnLink) announced today that the EnLink Board of Directors
(Board) have appointed Benjamin D.
Lamb as Executive Vice President and Chief Financial Officer
(CFO) and Walter Pinto as Executive
Vice President and Chief Operating Officer (COO).
As part of this change, EnLink announced that its commercial and
business development teams, previously overseen by the COO, will be
led by a Chief Commercial Officer (CCO) to be hired from outside of
EnLink. The CCO will join the EnLink Executive Leadership Team and
will focus on strategically growing the company's strong gathering
and processing segments alongside its new carbon capture
transportation business. EnLink's commercial and business
development teams will report directly to Chief Executive Officer
Jesse Arenivas until the CCO is
hired to ensure continued focus on growth.
"This is a time of opportunity for EnLink. We have built
significant momentum across our business segments and are in a
position of strength that we plan to capitalize on," Arenivas said.
"Redefining the COO's responsibilities and adding a CCO will bring
a sharpened focus to each role within the Executive Leadership Team
and an increased intensity to strategic growth.
"Ben is the right leader for the CFO role. He possesses a deep
financial acumen and brings unique, highly valuable experience from
leading our commercial, business development, and operations teams
for years. This combination will greatly inform our capital
allocation decisions as we grow the company.
"Walter has evolved EnLink's way of operating through process
improvements and new technologies that optimize performance, as
well as overseeing our award-winning safety program. He is a
natural fit to become COO and join the Executive Leadership
Team."
The Board is thankful to former CFO Pablo Mercado for his service to EnLink and
wishes him luck in his future endeavors.
Benjamin
D. Lamb
Lamb most recently served as EnLink Executive Vice President and
COO, overseeing operations and commercial activity, including the
development of EnLink's Carbon Solutions team and several
transformative acquisitions that grew EnLink's asset base. He has
been a part of the Executive Leadership Team since 2016.
Lamb has played a key role in every acquisition and major deal,
as well as the development and execution of the company's strategic
plans, since joining the company in 2012. He also held several
leadership roles in the company's financial organization, including
Senior Vice President of Finance and Corporate Development.
Prior to EnLink, Lamb worked in the investment banking industry
advising executives and boards of major corporations on critical
strategic and financial decisions, including mergers, acquisitions,
corporate and financial restructurings, and financings in the debt,
equity, and bank capital markets.
Lamb earned a Bachelor of Business Administration in finance,
economics, and international business from Baylor University.
Walter
Pinto
Prior to becoming COO, Pinto was EnLink Senior Vice President of
Operational Excellence, a role he took on in early 2020 when
joining the company and one in which he oversaw the optimization of
operations across the company, as well as environmental and safety
efforts.
Prior to joining EnLink, Pinto served as a Senior Advisor of
Hastings Equity Partners, a private equity firm, supporting
Hastings in the sourcing, diligence, and stewardship of existing
portfolio companies and new opportunities. He previously spent 25
years at LyondellBasell Industries in various roles, including as
Senior Director, Global Projects, Engineering, Turnarounds,
Reliability, and Maintenance and as head of several manufacturing
complexes.
He has served as a board member of industrial service companies
and several trade and community organizations. He received a Master
of Science in mechanical engineering from the University of Wisconsin, Milwaukee, and a Bachelor
of Science in mechanical engineering from the National Institute of Technology in India.
About EnLink Midstream
EnLink Midstream reliably operates a differentiated midstream
platform that is built for long-term, sustainable value creation.
EnLink's best-in-class services span the midstream value chain,
providing natural gas, crude oil, condensate, NGL capabilities, and
carbon capture, transportation, and sequestration. Our purposely
built, integrated asset platforms are in premier production basins
and core demand centers, including the Permian Basin, Oklahoma, North
Texas, and the Gulf Coast.
EnLink's strong financial foundation and commitment to execution
excellence drive competitive returns and value for our employees,
customers, and investors. Headquartered in Dallas, EnLink is publicly traded through
EnLink Midstream, LLC (NYSE: ENLC). Visit www.EnLink.com to learn
how EnLink connects energy to life.
Forward-Looking
Statements
This press release includes forward-looking statements within
the meaning of the federal securities laws. All statements, other
than statements of historical fact, included in this press release
constitute "forward-looking statements". Although these statements
reflect the current views, assumptions, and expectations of
EnLink's management, the matters addressed herein involve certain
assumptions, risks, and uncertainties that could cause actual
activities, performance, outcomes, and results to differ materially
from those indicated. An extensive list of factors that can
affect EnLink's business are discussed in EnLink's filings with the
Securities and Exchange Commission, including EnLink's Annual
Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current
Reports on Form 8-K. EnLink does not assume any obligation to
update any forward-looking statements.
Investor Relations: Brian
Brungardt, Director of Investor Relations, 214-721-9353,
brian.brungardt@enlink.com
Media Relations: Megan
Wright, Director of Corporate Communications, 214-721-9694,
megan.wright@enlink.com
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SOURCE EnLink Midstream, LLC