Kinetik Holdings Inc. (NYSE: KNTK) announced the upcoming retirement of Anne Psencik, the Chief Strategy Officer, effective June 30, 2025. Psencik, with over 35 years of experience in the oil and gas industry, has been in the role since 2019.
During her tenure, Psencik managed risk and provided trusted advisory services on numerous commercial and investment opportunities across the business. Following her retirement, she will continue to support the company as a consultant.
Kinetik's President & CEO, Jamie Welch, expressed gratitude for Psencik's significant contributions to the company's long-term growth strategy, acknowledging her as a valuable leader who brought expertise to the leadership team.
Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin, providing comprehensive gathering, transportation, compression, processing, and treating services for natural gas, natural gas liquids, crude oil, and water. The market has reacted to these announcements by moving the company's shares 1.1% to a price of $41.56. If you want to know more, read the company's complete 8-K report here.