American Midstream Partners, LP (NYSE: AMID), today announced the appointment of Donald R. Kendall, Jr. to the board of directors of its general partner effective July 15, 2013. Mr. Kendall will serve as an independent director and as a member of the Audit Committee. Mr. Kendall is currently Managing Director and Chief Executive Officer of Kenmont Capital Partners, LP, an investment management firm based in Houston specializing in alternative investments and private equity. Prior to joining Kenmont, Mr. Kendall was a Portfolio Manager for Carlson Capital, L.P., President of Cogen Technologies Capital Company, L.P., Chairman and Chief Executive Officer of Palmetto Partners, Ltd., and a Managing Director in the project finance and leasing group at Credit Suisse First Boston.
Concurrent with the appointment of Mr. Kendall, Donald H. Anderson resigned as a member of the board of directors and the Audit Committee.
"We are excited to have Don Kendall join the board of directors of our general partner and our Audit Committee," said Steve Bergstrom, Executive Chairman, President and CEO of American Midstream. "Don has more than three decades of diverse financial and business development experience in the finance and energy industries and will provide significant value to our partnership as we continue to pursue opportunities to grow our business. We would also like to thank Don Anderson for his contributions to American Midstream. We appreciate his valuable insight and leadership, and we wish him well in his many endeavors."
Mr. Kendall also serves as a director of SolarCity, Stream Energy, and Tangent Energy Solutions. In addition, Mr. Kendall serves in various capacities at not-for-profit organizations, including The Jane Goodall Institute, The Houston Zoo Conservation Committee, and Earthwatch International. He also is on the Board of Overseers of the Amos Tuck School of Business Administration at Dartmouth College. Mr. Kendall received a B.A. degree from Hamilton College and an M.B.A. with high honors from The Amos Tuck School of Business Administration. He was a Tuck Scholar and a recipient of the W. M. Bollenbach, Jr. Fellowship.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV