Kinetik Holdings Inc. (NYSE: KNTK) has announced the retirement of Anne Psencik, Chief Strategy Officer, effective June 30, 2025. Ms. Psencik, who has served in this role since 2019, will continue her current responsibilities until her retirement and subsequently support the company as a consultant. Jamie Welch, Kinetik’s President & Chief Executive Officer, expressed gratitude for Ms. Psencik's significant contributions to the company's long-term growth strategy.
Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. The company provides comprehensive gathering, transportation, compression, processing, and treating services for companies that produce natural gas, natural gas liquids, crude oil, and water.
Ms. Psencik, with over 35 years of experience in the oil and gas industry, has a proven track record of management and leadership in midstream business development, trading, and engineering and construction.
The press release does not include any financial metrics or performance indicators. Today the company's shares have moved -3.2% to a price of $40.23. Check out the company's full 8-K submission here.