Kinetik Holdings Inc. (NYSE: KNTK) has announced the retirement of Anne Psencik, the Chief Strategy Officer, effective June 30, 2025. Psencik, who has been in the role since 2019, will continue her responsibilities until her retirement and then support the company as a consultant.
During her six-year tenure, Psencik has been credited with managing risk and advising on various commercial and investment opportunities. Kinetik's President & CEO, Jamie Welch, expressed gratitude for Psencik's contributions and wished her the best in her future endeavors.
Kinetik, a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin, provides comprehensive gathering, transportation, compression, processing, and treating services for companies producing natural gas, natural gas liquids, crude oil, and water.
For more information on Kinetik, investors can visit the company's website. As a result of these announcements, the company's shares have moved 1.1% on the market, and are now trading at a price of $41.56. For the full picture, make sure to review Kinetik's 8-K report.