Dallas-based EnLink Midstream LLC announced that Benjamin D. Lamb has been appointed executive vice president and chief financial officer (CFO) and that Walter Pinto was appointed executive vice president and chief operating officer.
In a move related to these appointments, EnLink said that its commercial and business development teams, previously overseen by the COO, will be led by a chief commercial officer to be hired from outside of EnLink.
The company said that the CCO will join the EnLink executive leadership team and will focus on strategically growing its strong gathering and processing segments alongside its new carbon capture transportation business. EnLink’s commercial and business development teams will report directly to Chief Executive Officer Jesse Arenivas until the CCO is hired, the company said.
“This is a time of opportunity for EnLink. We have built significant momentum across our business segments and are in a position of strength that we plan to capitalize on,” Arenivas said in a statement. “Redefining the COO’s responsibilities and adding a CCO will bring a sharpened focus to each role within the Executive Leadership Team and an increased intensity to strategic growth.”
Arenivas said that Lamb is the right leader for the CFO role.
“He possesses a deep financial acumen and brings unique, highly valuable experience from leading our commercial, business development, and operations teams for years. This combination will greatly inform our capital allocation decisions as we grow the company,” Lamb said.
Lamb said that Pinto is a “natural fit” to be COO.
“Walter has evolved EnLink’s way of operating through process improvements and new technologies that optimize performance, as well as overseeing our award-winning safety program,” Lamb said.
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