Kinetik Holdings Inc. (NYSE: KNTK) has announced the retirement of Anne Psencik, the Chief Strategy Officer, effective June 30, 2025. Ms. Psencik, who has been in the role since 2019, will continue her current responsibilities until her retirement and will then support the company as a consultant.
During her tenure, Ms. Psencik has been a key figure in managing risk and advising on various commercial and investment opportunities across the business. Kinetik's President & Chief Executive Officer, Jamie Welch, expressed gratitude for her dedicated service and expertise, acknowledging her contributions to the company's long-term growth strategy.
With over 35 years of experience in the oil and gas industry, Ms. Psencik has a proven track record of management and leadership in midstream business development, trading, and engineering and construction.
Kinetik Holdings Inc. 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 companies that produce natural gas, natural gas liquids, crude oil, and water. 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. If you want to know more, read the company's complete 8-K report here.