Kinetik Holdings Announces Retirement of General Counsel
Kinetik Holdings Announces Retirement of General Counsel
Kinetik Holdings Inc. (NYSE: KNTK), a prominent name in the midstream energy sector, has recently shared significant news regarding its General Counsel. Todd Carpenter, who has served as the General Counsel and Chief Compliance Officer, has informed the company of his intention to retire. The planned retirement will take effect at the end of February in the following year. During this transition period, Todd will continue to fulfill his day-to-day responsibilities, ensuring that the organization's operations remain smooth and effective.
Todd Carpenter's Legacy
As Todd prepares to step away from his role, Kinetik's President and CEO, Jamie Welch, expressed deep appreciation for Todd's nearly 40-year legal career. His tenure with Kinetik has been marked by strong leadership, invaluable counsel, and dedication. Jamie acknowledged Todd as a vital asset to the Kinetik team, highlighting his contributions over the last seven years and the lasting impact he has made on the company.
Transitioning Leadership at Kinetik
In light of Todd's upcoming retirement, Kinetik has taken proactive measures to identify his successor. The company is currently engaged in both internal and external searches, aiming to find a qualified candidate who can continue the legacy of legal excellence and compliance that Todd has maintained. An announcement regarding the new appointment will be made in due course, ensuring that the transition is seamless for the organization.
About Kinetik Holdings Inc.
Kinetik holds a unique position as a fully integrated, pure-play midstream corporation, primarily focusing on the Delaware Basin operations. Based in Houston and Midland, Texas, the company provides a wide array of services including gathering, transportation, compression, processing, and treating of natural resources such as natural gas and crude oil. Their commitment to operational excellence has established Kinetik as a leader in the energy sector.
Continued Commitment to Operations
Despite Todd's retirement, Kinetik remains steadfast in its mission. The company is dedicated to maintaining high standards of service for clients who produce natural gas, natural gas liquids, and crude oil. Operating across various facets of the midstream sector, Kinetik understands the importance of reliability and efficiency in its services.
Keeping Investors Informed
Kinetik consistently prioritizes transparency and communication with its stakeholders. The organization regularly posts announcements, operational updates, and investor information on its official platforms. As Kinetik moves forward, it will ensure that all interested parties remain informed about significant developments.
Frequently Asked Questions
What prompted Todd Carpenter's retirement announcement?
Todd Carpenter announced his intent to retire after a distinguished career, enabling a smooth transition for Kinetik.
Who will succeed Todd Carpenter as General Counsel?
Kinetik is conducting both internal and external searches to find a suitable successor for Todd Carpenter.
What services does Kinetik Holdings provide?
Kinetik offers gathering, transportation, compression, processing, and treating services for various natural resources.
Where is Kinetik Holdings located?
Kinetik Holdings has its headquarters in Houston and Midland, Texas.
How does Kinetik keep its investors updated?
Kinetik regularly posts updates and announcements on its official website, ensuring transparency for its stakeholders.
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