Heath Deneke promoted to Chief Operating
Officer; Bill Gautreaux promoted to Chief Marketing Officer
Crestwood Equity Partners LP (NYSE:CEQP) and Crestwood Midstream
Partners LP (NYSE:CMLP) (collectively “Crestwood”) today announced
several promotions within Crestwood’s senior management team,
effective immediately. Additionally, Crestwood announced a new
internal organizational structure forming a Pipeline Services Group
and Supply and Logistics Group. The Pipeline Services Group will
consist of all Crestwood’s natural gas, crude oil and water
gathering systems, pipelines and compression, processing plants and
natural gas storage facilities in the US. The Supply and Logistics
Group will include all natural gas liquids (NGL) and crude oil
marketing, terminals and fractionation facilities, crude oil and
NGL transportation fleet assets, NGL storage and US Salt. Crestwood
anticipates that it will continue to report financial and operating
data in its existing three segment structure of Gathering and
Processing, Storage and Transportation, and Crude and NGL
Services.
“The purpose of the organizational realignment is to consolidate
Crestwood’s geographically diverse midstream assets into a single
business unit covering natural gas, crude oil and water systems to
enhance our ability to respond to the needs of our customers and
execute on growth opportunities,” stated Robert G. Phillips,
Chairman, President and Chief Executive Officer of Crestwood’s
general partner. “Separately, combining our NGL and Crude oil
marketing teams will improve utilization of our NGL and crude
storage, terminal and transportation assets and create a faster
growth platform as new natural gas liquids and crude oil supplies
come to market. Consistent with the recently announced
simplification merger, this change is designed to enhance our
competitive position and to streamline Crestwood’s commercial,
operating and project management organization,” commented
Phillips.
Pipeline Service Group
Heath Deneke, formerly President of the Natural Gas Business
Unit, has been promoted to Chief Operating Officer and Head of the
Pipeline Services Group. Mr. Deneke has been with the Crestwood
organization since August 2012. In his new role, Mr. Deneke will be
responsible for the commercial development and operations of
Crestwood’s infrastructure assets serving the Marcellus, Bakken,
PRB Niobrara, Delaware Permian, Barnett, Granite Wash, Fayetteville
and Haynesville shale plays. Additionally, he will guide
Crestwood’s technical services, environmental, safety, regulatory
compliance and supply chain teams. Mr. Deneke’s previous experience
includes a 17 year career at El Paso Corporation in a series of
increasing executive roles including commercial and business
development, project management and engineering, marketing and
asset optimization. Mr. Deneke has a bachelor's degree in
Mechanical Engineering from Auburn University and is based in
Houston, Texas.
The following individuals in the Pipeline Services Group,
reporting to Mr. Deneke, received promotions.
Brian Freed, formerly Vice President of Crude Logistics, has
been promoted to Senior Vice President of Western US Commercial
Operations. Mr. Freed has been with the Crestwood organization
since December 2012 where he developed the Bakken Colt Hub for its
predecessor company. In November 2013, Mr. Freed also assumed
responsibility for the Arrow Midstream business. In his new role,
Mr. Freed will have commercial responsibilities for all Crestwood’s
crude, natural gas, and water assets in the Western US Region
including the Bakken, PRB Niobrara, and Delaware Permian shale
plays. Mr. Freed brings 22 years of experience which includes
senior leadership positions across multiple energy organizations,
most recently with Rangeland Energy where he served as Vice
President of Business Development and prior to that he founded and
served as President and CEO of Entessa/Energy Solutions
International before the successful sale of the Company. Mr. Freed
served as an artillery officer in the United States Army after
obtaining a bachelor’s degree from West Virginia University and is
based in Houston, Texas.
Mark Mitchell, formerly Senior Vice President of Natural Gas
Business Unit, has been promoted to Senior Vice President of
Eastern US Commercial Operations. Mr. Mitchell has been with the
Crestwood organization since October 2013 with commercial
responsibilities for Crestwood’s natural gas storage and
transportation assets. In his new role, Mr. Mitchell will have
commercial responsibilities for Crestwood’s natural gas gathering,
compression, and natural gas storage and transportation assets in
the Eastern US Region and the Tres Palacios gas storage joint
venture. Mr. Mitchell brings 23 years of experience which includes
various natural gas marketing and trading roles at Epoch Energy, El
Paso Energy, Natural Gas Clearinghouse, and Coastal Corporation.
Mr. Mitchell has a bachelor’s degree from Rice University and is
based in Houston, Texas.
Additionally, the following individuals will report to Mr.
Deneke in the Pipeline Services Group: Chris Humes, Vice President
of Pipeline Operations; Curt Van Hoorn, Vice President of Arrow
Operations; Hugo Guerrero, Vice President of Technical Services;
Miranda Jones, Vice President of Environmental, Safety and
Regulatory; Darrell Hagerman, Vice President Commercial Central
Area and Joey Hayles, Vice President, Supply Chain.
Supply and Logistics Group
Bill Gautreaux, formerly President of the Liquids & Crude
Business Unit, has been promoted to Chief Marketing Officer and
Head of the Supply and Logistics Group. Mr. Gautreaux has been with
Crestwood and its predecessor companies since March 1999 and was a
founding partner of Inergy LP. In his new role, Mr. Gautreaux will
be responsible for consolidating Crestwood’s NGL and Crude
marketing activities and leading its growth strategies around the
Crestwood platform including the Marcellus Utica NGL supply region;
Northeast US NGL market region; West Coast NGL assets; NGL and
Crude trucking and transportation assets; and Crestwood’s crude
marketing focus in the Bakken, PRB Niobrara and Delaware Permian
regions. Mr. Gautreaux brings 28 years of experience in NGL trading
and marketing having worked at Dynegy, LPG Services Group and
Ferrell Gas North America in positions of increasing
responsibility. Mr. Gautreaux has a bachelor's degree from William
Jewell College and is based in Kansas City, Missouri.
The following individuals in the Supply and Logistics Group,
reporting to Mr. Gautreaux, received promotions or new
assignments.
Kevin Hall joined the Crestwood organization in April 2015 as
the Vice President of Transportation. Mr. Hall brings over 28 years
of experience serving most recently as Senior Vice President,
Supply Chain & Continuous Improvement for Hostess Brands LLC.
In his new role, Mr. Hall will be responsible for Crestwood’s fleet
of NGL and crude oil trucking units and rail cars. Mr. Hall’s
previous experience spans across multiple industries, including
chemical and hazardous materials, focusing on process improvements
in trucking, rail and logistics and optimizing supply chain models.
Mr. Hall is trained in LEAN business optimization and Toyota
Production Systems. Mr. Hall has a bachelor’s degree from the
University of Tennessee, with a concentration in transportation and
logistics, and is based in Kansas City, Missouri.
Additionally, the following individuals will report to Mr.
Gautreaux in the Supply and Logistics Group: John Powell, Vice
President of Trading and Risk Management; Vance Harrington, Vice
President of Facilities; Mitchell Dascher, President of US Salt;
and Philip Bouillette, Vice President of Business Development.
About Crestwood Equity Partners LP
Houston, Texas, based Crestwood Equity Partners
LP (NYSE: CEQP) is a master limited partnership that owns the
general partner interest, including the incentive distribution
rights and approximately 4% of the outstanding common units of
Crestwood Midstream. In addition, Crestwood Equity’s operations
include an NGL supply and logistics business that serves customers
in the United States and Canada.
About Crestwood Midstream Partners LP
Houston, Texas, based Crestwood Midstream (NYSE: CMLP)
is a master limited partnership that owns and operates midstream
businesses in multiple unconventional shale resource plays
across the United States. Crestwood Midstream is engaged
in the gathering, processing, treating, compression, storage and
transportation of natural gas; storage, transportation and
terminalling of NGLs; and gathering, storage, terminalling and
marketing of crude oil.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150601005915/en/
Crestwood Equity Partners LPCrestwood Midstream
Partners LPInvestor ContactJosh Wannarka,
713-380-3081josh.wannarka@crestwoodlp.comVice President,
Investor Relations
(NYSE:CMLP)
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