Enterprise’s General Partner elects new directors

Enterprise Products Partners LP has announced that Carin Barth and William Montgomery have been elected directors to the board of directors of its general partner, Enterprise Products Holding LLC, effective 01 October 2015.

Ms. Barth is the Founder and President of LB Capital Inc., a private equity firm with investments in the energy, manufacturing and financial sectors. She previously served as interim Senior Vice President of Finance and Administration of Texas Southern University and Chief Financial Officer of the US Department of Housing and Urban Development. Ms. Barth is a director on the boards of Bill Barrett Corporation, Western Refining Inc., Black Stone Minerals LP and Strategic Growth Bank Incorporated. Ms. Barth previously served as a commissioner on the Texas Department of Public Safety.

Mr. Montgomery is a Managing Director with Quantum Energy Partners, a provider of private equity capital to the North America energy sector. His career includes 22 years of investment banking experience. Prior to joining Quantum, Mr. Montgomery was a partner with Goldman, Sachs & Co. and served as head of the Americas Natural Resources Group. He serves as a Director on the boards of Apache Corporation and seven of Quantum’s portfolio companies.

“We are pleased to announce the additions of Carin Barth and Bill Montgomery to the board of Enterprise’s general partner,” said Michael A. Creel, CEO of Enterprise’s general partner. “Both have excelled in their careers. The depth and breadth of their experience in the energy and financial sectors will be valuable to Enterprise as we continue to grow our partnership.”

Ms. Barth is expected to serve on the board’s Governance Committee, while Mr. Montgomery is expected to serve on the Audit and Conflicts Committee.

Edited from press release by Angharad Lock

Read the article online at: https://www.hydrocarbonengineering.com/refining/02102015/enterprises-general-partner-elects-new-directors-1524/