Texas-based Energy Transfer has announced that long-time company executives Mackie McCrea and Tom Long have been named as co-chief executive officers.
Company co-founder Kelcy Warren is stepping down as CEO but will remain as executive chairman of Energy Transfer and chairman of the board of directors of the midstream giant, Kallanish Energy reports.
“Although I am stepping away from the day-to-day management of our business, I will continue to be intimately involved in the strategic growth of Energy Transfer,” Warren said in a statement.
He had co-founded the company in 1996 with 200 miles of natural gas pipelines and 20 employees.
Today, it has 10,000 employees.
McCrea and Long will “work together in the manner of an Office of the CEO” and will jointly direct the business of the partnership, the company said.
McCrea joined the company in 1997 and was most recently president and chief commercial officer of Energy Transfer. He also serves on the Energy Transfer board of directors.
Long has served as the chief financial officer since February 2016.
This post appeared first on Kallanish Energy News.