EnLink Midstream Appoints New Director to Board

Rhea-AI Summary

EnLink Midstream has appointed Tiffany (TJ) Thom Cepak to its Board of Directors. With extensive experience in the oil and gas industry, including roles in engineering, operations, and finance, Cepak will contribute valuable insights into the energy transition, particularly in carbon capture and growth opportunities. Her appointment expands the Board to nine directors, with two women. Cepak's background includes serving as CFO for multiple energy companies and holding engineering positions at Exxon Mobil. This strategic move aims to enhance EnLink's governance as it strives for sustainable value creation.

Positive

• Tiffany (TJ) Thom Cepak appointed to Board of Directors, bringing extensive oil and gas experience.
• Her expertise in energy transition and carbon capture is expected to provide growth opportunities.
• Board expands to nine directors with two women, promoting diversity.

Negative

• None.

DALLAS, Dec. 20, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today the appointment of Tiffany (TJ) Thom Cepak to its Board of Directors (Board).

"We are pleased to welcome TJ to the EnLink Board," said Barry E. Davis, EnLink Chairman and Chief Executive Officer. "Her extensive experience in the oil and gas industry spans engineering, operations, and finance leadership roles, as well as public company governance. She also brings firsthand experience in the energy transition and understands the possibilities that the energy transition brings to the sector, including carbon capture and sequestration, and other potential growth opportunities. She is a tremendous addition to the Board, and we look forward to benefitting from her unique perspective and deep expertise as EnLink continues our journey to become the future of midstream."

As a result of Cepak's appointment, the Board will have nine directors, two of whom are women. She will join the Board's Audit and Conflicts Committees.

About Tiffany (TJ) Thom Cepak
Cepak most recently served as the Chief Financial Officer of Energy XXI Gulf Coast, Inc., an oil and natural gas development and production company, until its sale in October 2018. She also served as the Chief Financial Officer of KLR Energy Acquisition Corp. (and, subsequent to its business combination, Rosehill Resources Inc.) and as Chief Financial Officer of EPL Oil & Gas, Inc. She held a number of previous positions with EPL, including Treasurer, Director of Investor Relations, and Director of Corporate Reserves. She began her career as a Senior Reservoir Engineer with Exxon Production Co. and Exxon Mobil Co. with operational roles, including reservoir and subsurface completion engineering.

Cepak currently serves on the board of directors of Ranger Oil Corp., Patterson-UTI Energy, Inc., and California Resources Corp., where she serves as Board Chair, and previously served as a director of Yates Petroleum Corp.

She holds a Bachelor of Science in engineering from the University of Illinois and a Master of Business Administration from Tulane University.

About EnLink Midstream
EnLink Midstream reliably operates a differentiated midstream platform that is built for long-term, sustainable value creation. EnLink's best-in-class services span the midstream value chain, providing natural gas, crude oil, condensate, and NGL capabilities. Our purposely built, integrated asset platforms are in premier production basins and core demand centers, including the Permian Basin, Oklahoma, North Texas, and the Gulf Coast. EnLink's strong financial foundation and commitment to execution excellence drive competitive returns and value for our employees, customers, and investors. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC (NYSE: ENLC). Visit www.EnLink.com to learn how EnLink connects energy to life.

Investor Relations: Brian Brungardt, Director of Investor Relations, 214-721-9353, brian.brungardt@enlink.com

Media Relations: Jill McMillan, Vice President of Strategic Relations & Public Affairs, 214-721-9271, jill.mcmillan@enlink.com 

 

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SOURCE EnLink Midstream, LLC

FAQ

What is the significance of Tiffany Cepak's appointment to EnLink's Board of Directors?

Tiffany (TJ) Thom Cepak's appointment is significant as she brings extensive expertise in the oil and gas sector, particularly in areas like energy transition and finance, which could enhance EnLink's strategic direction.

How many directors are on EnLink's Board after TJ Cepak's appointment?

After TJ Cepak's appointment, EnLink's Board has a total of nine directors.

What experience does Tiffany Cepak have in the energy sector?

Tiffany Cepak has a robust background in the energy sector, having served as CFO at various companies and held engineering roles at Exxon Mobil.

What impact might TJ Cepak have on EnLink Midstream's growth strategy?

TJ Cepak's knowledge of carbon capture and energy transition may lead to new growth opportunities for EnLink as it focuses on sustainable practices.