The Kinder Morgan Inc. (NYSE: KMI) board of directors has appointed Kimberly A. Dang as president; Dax A. Sanders as executive vice president and chief strategy officer; David P. Michels as vice president and CFO; and Anthony B. Ashley, currently vice president and treasurer, as treasurer and vice president of investor relations. Richard D. Kinder will remain executive chairman and Steven J. Kean will remain CEO.
Kim Dang joined KMI in 2001 and has served as CFO of the company since 2005. Dang joined the office of the chairman of KMI in 2014, which also includes Rich Kinder, executive chairman, and Steve Kean, CEO. She was unanimously elected to the KMI board of directors in January 2017. Kim’s promotion to president signifies her growing role in the company’s strategic and policy decisions, day-to-day management, and capital allocation decisions. Her new role is also a key part of the company’s succession planning.
Dax Sanders joined KMI in 2000, was named vice president in the corporate development group in 2009 and became head of the group in 2013. Dax has played a crucial role in the company’s strategic decisions, acquisitions and divestiture activity—including post acquisition integration leadership—and in key joint ventures. In his new role, he will continue to be responsible for corporate development and will play an increased role in strategy formation and capital allocation decisions. He will also continue as CFO of Kinder Morgan Canada Ltd. (KML).
David Michels was named vice president of finance and investor relations in 2013, having joined KMI in 2012. He also served as CFO of El Paso Pipeline Partners (EPB) from March 2013 until November 2014, when EPB was acquired by KMI. As vice president and CFO, Michels will manage the functional departments of controller, finance, tax and treasury.
Anthony Ashley, currently vice president and treasurer of KMI, will assume direct responsibility for investor relations along with a new title as treasurer and vice president of investor relations.
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