Enable Midstream Partners to Add Independent Director in 2015
23 December 2014 - 08:05AM
Business Wire
Enable Midstream Partners, LP (NYSE:ENBL) today announced that
effective Feb. 1, 2015, energy industry veteran Alan Harris will
join the Board of Directors of its general partner, Enable
Midstream GP, LLC. Harris will join Peter H. Kind and C. Scott
Hobbs as independent directors and will serve on the Board’s audit,
conflicts and compensation committees. He will chair the
compensation committee.
Energy industry veteran Alan Harris joins
Enable Midstream Partners, LP Board of Directors (Photo: Business
Wire)
“We appreciate Alan’s willingness to serve on our Board and look
forward to him joining us early next year,” said Pete Delaney,
Enable Midstream chairman and chairman and CEO of OGE Energy Corp.
“He will bring a wealth of midstream experience and add a valuable
perspective to our Board.”
Harris, 61, will retire from Spectra Energy before joining the
Enable Midstream Board.
Harris joined Spectra in 1982 and served in multiple roles with
increasing responsibilities. Most recently, he served as senior
advisor to chairman, president and CEO Gregory L. Ebel. In his
role, Harris provided oversight and focus for Spectra’s project
execution efforts. Prior to this role, he served as chief
development and operations officer from 2009 to 2013. In that dual
role, he oversaw the company’s strategy, business development, and
mergers and acquisitions, as well as project execution, the
operations of Spectra Energy’s U.S. pipeline and storage business,
environment, health and safety, and the company’s master limited
partnership.
Harris is a former board member of DCP Midstream Partners, a
public midstream master limited partnership.
“Alan’s depth and breadth of experience will further strengthen
our Board,” said Enable Midstream Board member and CenterPoint
Energy president and CEO Scott Prochazka. “We congratulate him on
his upcoming retirement and look forward to his participation on
our Board.”
Harris received a bachelor’s degree in accounting from
Northeastern Oklahoma State University in Tahlequah, Okla., and a
master’s degree in business administration from the University of
Tulsa and is a Certified Public Accountant.
ABOUT ENABLE MIDSTREAM PARTNERS
Enable Midstream owns, operates and develops strategically
located natural gas and crude oil infrastructure assets. The
company’s assets include approximately 11,000 miles of gathering
pipelines, 12 major processing plants with approximately 2.1
billion cubic feet per day of processing capacity, approximately
7,900 miles of interstate pipelines (including Southeast Supply
Header, LLC of which the company owns 49.90 percent), approximately
2,300 miles of intrastate pipelines and eight storage facilities
comprising 86.5 billion cubic feet of storage capacity. For more
information visit EnableMidstream.com.
FORWARD-LOOKING
STATEMENTS
This press release may contain “forward-looking statements”
within the meaning of the securities laws. All statements, other
than statements of historical fact, regarding Enable Midstream
Partners’ strategy, future operations, financial position,
estimated revenues, projected costs, prospects, plans and
objectives of management are forward-looking statements. These
statements often include the words “could,” “believe,”
“anticipate,” “intend,” “estimate,” “expect,” “project,” “forecast”
and similar expressions and are intended to identify
forward-looking statements, although not all forward-looking
statements contain such identifying words. These forward-looking
statements are based on Enable Midstream’s current expectations and
assumptions about future events and are based on currently
available information as to the outcome and timing of future
events. Enable Midstream assumes no obligation to and does not
intend to update any forward-looking statements included herein.
When considering forward-looking statements, you should keep in
mind the risk factors and other cautionary statements described
under the heading “Risk Factors” included in our SEC filings.
Enable Midstream cautions you that these forward-looking statements
are subject to all of the risks and uncertainties, most of which
are difficult to predict and many of which are beyond its control,
incident to the ownership, operation and development of natural gas
and crude oil infrastructure assets. These risks include, but are
not limited to, contract renewal risk, commodity price risk,
environmental risks, operating risks, regulatory changes and the
other risks described under “Risk Factors” in our SEC filings.
Should one or more of these risks or uncertainties occur, or should
underlying assumptions prove incorrect, Enable Midstream’s actual
results and plans could differ materially from those expressed in
any forward-looking statements.
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Enable Midstream Partners, LPMediaBrian Alford,
405-553-6984orInvestorMatt Beasley, 405-558-4600
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