Posted 24 January, 2023
KINDER MORGAN, INC. appointed Kim Dang as new CEO
NYSE:EP.PC appointed new Chief Executive Officer Kim Dang in a 8-K filed on 24 January, 2023.
Effective August 1, 2023, Kim Dang, current President of KMI, will succeed Mr. Kean as chief executive officer and Tom Martin, current Vice President (President, Natural Gas Pipelines) of KMI, will become President of KMI.
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Overview of KINDER MORGAN, INC.
Companies on the Energy Service • Pipeline Transportation
Kinder Morgan, Inc. engages in providing pipeline transportation of natural gas services. It operates through the following business segments: Natural Gas Pipelines, Products Pipelines, Terminals, and CO2. The Natural Gas Pipelines segment operates major interstate and intrastate natural gas pipelines and storage systems. The Products Pipelines segment is involved in the operation of refined petroleum products, crude oil, and condensate pipelines. The Terminals segment includes operation of liquids and bulk terminal facilities that store and handle various commodities. The CO2 segment produces, transports, and markets to oil fields that use CO2 as a flooding medium to increase recovery and production of crude oil from mature oil fields. The company was founded by Richard D. Kinder and William V. Morgan in February 1997 and is headquartered in Houston, TX.Market Cap
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Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 18, 2023, Kinder Morgan, Inc. ("KMI") announced that Steven J. Kean will transition out of his role as chief executive officer effective August 1, 2023. Mr. Kean will remain on the board of directors. Effective August 1, 2023, Kim Dang, current President of KMI, will succeed Mr. Kean as chief executive officer and Tom Martin, current Vice President (President, Natural Gas Pipelines) of KMI, will become President of KMI. Before assuming the role of President, Mr. Martin will serve as Executive Vice President of KMI beginning on February 1, 2023. In connection with Mr. Martin's appointment as Executive Vice President and expected appointment as President as of August 1, 2023, he received a grant of 382,572 restricted stock units issued pursuant to KMI's 2021 Amended and Restated Stock Incentive Plan. The restricted stock units will vest in full on July 31, 2025, provided Mr. Martin is employed by KMI through such date and applicable performance hurdles have been met. Neither Ms. Dang nor Mr. Martin has any direct or indirect material interest in any transaction described in Item 404(a) of Regulation S-K involving KMI or any of its subsidiaries.
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