Crestwood Announces Executive Promotions and Organizational Changes | 2022-01-18 | Press Releases
Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood”) has announced several promotions to Crestwood’s management team effective immediately.
Robert Halpin has been promoted to President and Chief Financial Officer, reporting directly to Robert G. Phillips, Founder, President and Chief Executive Officer. Mr. Halpin has been part of the Crestwood organization since 2012 and during his tenure with the company, he has played an integral role in the development and execution of Crestwood’s corporate and financial strategy. In his new role, Mr. Halpin will be responsible for leading all of Crestwood’s business, operations, engineering and project management, sustainability and financial activities. Previously, Mr. Halpin served as Executive Vice President and Chief Financial Officer since 2015, Vice President, Finance from January 2013 to April 2015, and Vice President, Business Development from January 2012 to January 2013. Prior to joining Crestwood, Mr. Halpin worked in finance at First Reserve and Barclays Capital.
Diaco Aviki has been promoted to Executive Vice President and Chief Operating Officer, reporting directly to Mr. Halpin. In his new role, Mr. Aviki will be responsible for overseeing Crestwood’s commercial, business development, field operations, engineering and project management functions, which primarily support Crestwood’s gathering and processing operations. . Mr. Aviki has been part of the Crestwood organization since 2017, having served as Senior Vice President of Business Development and Business Operations, and has been instrumental in the growth and business success of Crestwood’s assets in the Williston, Delaware and gunpowder. River basins. Prior to joining Crestwood, Mr. Aviki had a long career in the upstream and midstream industries at ExxonMobil and BHP Billiton.
Joanne Howard has been promoted to Senior Vice President of Sustainability and Corporate Communications, reporting directly to Mr. Halpin. Ms. Howard has been with Crestwood since 2018, having served as Vice President of Sustainability and Corporate Communications, and led Crestwood’s sustainability initiatives, helping the company establish a leadership position in of ESG performance in the midstream sector. Among several recent accolades, Crestwood’s ESG program was recognized by Institutional Investor in the 2022 Team Rankings as Best Small Cap ESG Program – Energy and by Hart Energy as Best Midstream Energy ESG Player. In her continuing role, Ms. Howard will be responsible for Crestwood’s industry-wide efforts to advance sustainability across the energy value chain, external reporting on Crestwood’s ESG performance and initiatives, expansion sustainability across Crestwood’s portfolio and corporate management. ;s corporate communications and social investment programs.
“With the acquisition of the general partner of First Reserve in March, the sale of Stagecoach Gas Services in July and the announcement of the upcoming merger with Oasis Midstream in October, Crestwood completed one of our most strategic and transformative years. in 2021. I couldn’t be more proud of how well-positioned the partnership is as we enter another new year in 2022,” said Robert G. Phillips, Founder, President and CEO. “We have an incredible management team and a dedicated workforce at Crestwood, and I am very pleased to announce these well-deserved executive promotions which both recognize significant contributions to Crestwood’s success and further align our functions. commercial, operational and financial in the future. With the recently expanded and independent Board of Directors, the impending merger with Oasis Midstream and the new operational management structure under the leadership of Robert and Diaco, I am quite optimistic about Crestwood’s ability to continue to generate sustainable value for our investors for the long term future.”
About Crestwood Equity Partners LP
Based in Houston, Texas, Crestwood Equity Partners LP (NYSE: CEQP) is a master limited partnership that owns and operates midstream businesses in several shale resource plays across the United States. Crestwood is engaged in the gathering, processing, treatment, compression, storage and transportation of natural gas; storage, transport, terminalling and marketing of NGLs; collection, storage, terminalling and marketing of crude oil; and collection 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.
This press release may include certain statements regarding expectations for the future that are forward-looking statements as defined by federal securities law. These forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that are difficult to predict, 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 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 views only as of the date made. We undertake no obligation to update any forward-looking statement, except as otherwise required by law.