NGL Energy Partners LP announced they had elected John T. Raymond to the board of directors of NGL Energy Holdings LLC. NGL Energy Holdings is a general partner of NGL Energy Partners. NGL Energy Partners said Mr. Raymond's appointment was to take effect immediately.
Mr. Raymond will join NGL Energy Holdings' LLC board of directors as the EMG II NGL GP Holdings' official representative. EMG II NGL GP Holdings is a subsidiary of The Energy & Minerals Group. The Energy & Minerals Group is a specialized private equity firm that focuses on investing across the natural resource industry.
William A. Zartler was the former representative of NGL Holdings, Inc. on NGL Energy Holdings' board of directors. Mr. Zartler resigned from the same board after NGL Holdings, Inc. sold off its stake in NGL Energy Holdings LLC.
Michael Krimbill, chief executive officer of NGL Energy Partners, said, "We are grateful to Mr. Zartler for his service to NGL beginning in 2010, when we formed the Company, through the IPO and the exciting growth NGL has experienced since then."
Join the Conversation