Crosstex Announces Board Changes and Management Appointments.DALLAS -- Crosstex Energy, L.P. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : XTEX) (the Partnership) and Crosstex Energy Inc. (NASDAQ: XTXI) (the Corporation) announced today that the Boards of Directors of both entities have elected Barry E. Davis Chairman of the Board of Crosstex Energy GP, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control (the general partner of Crosstex Energy GP, L.P., the general partner of the Partnership) and Chairman of the Board of the Corporation. The Chairman position is added to Davis' present duties as President and Chief Executive Officer of both Crosstex companies. In addition, Bryan H. Lawrence, formerly Chairman of both Boards, will serve as the Lead Director on the Board of Crosstex Energy, Inc., and Rhys J. Best will serve as the Lead Director on the Board of Crosstex Energy GP, LLC. Both Boards elected Leldon E. Echols Chairman of their Audit Committees. Crosstex Management Appointments Stan Golemon has joined Crosstex Energy, L.P. as Senior Vice President of Engineering & Operations, and Jennifer Johnson Jennifer Johnson is an American television writer and producer who has written episodes of television series such as Providence, The Guardian, Reunion, Lost and Cold Case.[1] References 1. has been promoted to Senior Vice President of Human Resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. and Organization Development. Golemon and Johnson report to Bob Purgason, Crosstex Executive Vice President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. . Golemon has 23 years of diversified diversified (di·verˑ·s experience in the upstream and midstream mid·stream n. 1. The middle part of a stream. 2. The part of a course that is neither at the beginning nor at the end: the midstream of life. Noun 1. sectors of the energy industry. During his career, he has held various management positions with Arco, Arrington Corporation and Anadarko Petroleum Corporation Anadarko Petroleum Corporation (NYSE: APC) is one of the world’s largest independent oil and gas exploration and production companies, with 2.37 billion barrels of oil equivalent (BOE) of proved reserves and a production of 190 million BOE in 2004. Ranked No. . Most recently, Golemon led midstream engineering efforts for Anadarko's southern division. He also served on the Board of Directors of the Gas Processors Association. Johnson joined Crosstex in 2004 as Vice President of Human Resources and Organization development. A key member of Crosstex's management team, she has helped lead the organization through a period of tremendous growth while enhancing the company's human resources capabilities. Johnson has more than 24 years of operations and human resources experience in various industries. She is a member of the Southern Gas Association's Human Resources Executive Committee. About the Crosstex Energy Companies Crosstex Energy, L.P., a midstream natural gas company headquartered in Dallas, operates over 5,000 miles of pipeline, 12 processing plants, four fractionators, and approximately 190 natural gas amine-treating plants and dew-point control plants. Crosstex currently provides services for over 3.5 billion cubic feet per day of natural gas, or approximately 7.0 percent of marketed U.S. daily production. Crosstex Energy, Inc. owns the two percent general partner interest, a 34 percent limited partner interest, and the incentive distribution rights of Crosstex Energy, L.P. Additional information about the Crosstex companies can be found at www.crosstexenergy.com. |
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