Midstreamer Tallgrass Energy said Monday the board of its general partner has appointed William R. (Bill) Moler as CEO, effective immediately, Kallanish Energy reports.

Current CEO David G. Dehaemers Jr. is retiring and has stepped down as CEO, but will remain with the company until the end of the year, when he will also retire as a board member.

“Since founding Tallgrass Energy in November 2012, David Dehaemers has consistently demonstrated industry innovation, creativity, and agility by leading many strategic growth initiatives that transformed Tallgrass’ energy infrastructure assets to maximize value while minimizing environmental impact,” said Sean Klimczak, global head of Infrastructure at Blackstone.

“Over the last seven years, David and his team led the evolution of Tallgrass into one of the leading midstream energy infrastructure providers in the U.S.”

Blackstone holds a controlling interest in Tallgrass.

“This is a bittersweet moment for me,” Dehaemers said. … “It’s time for me to move on to the next chapter in my life, and I am pleased to transition my role to Bill Moler, who I have known for more than 20 years. He’s been with Tallgrass since its inception, has deep expertise in the midstream sector and a strong understanding of Tallgrass’ assets and the basins in which we operate.”

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