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Crestwood appoints energy industry leader to board

February 11, 2021 By    

Crestwood Equity Partners LP appointed Frances Vallejo to serve on the board of directors of its general partner.

Vallejo brings more than 30 years of experience in energy and finance. From 1987 to 2016, she held numerous leadership positions at ConocoPhillips, one of the world’s largest independent exploration and production companies, including vice president of corporate planning and development, and vice president and treasurer. She also held other geophysical, commercial and finance roles during this period. She served as a member of the board of trustees of Colorado School of Mines from 2010 until 2016 and is currently a member of the Colorado School of Mines Foundation board of governors.

Vallejo holds a Bachelor of Science in mineral engineering mathematics from Colorado School of Mines and a Master of Business Administration from Rice University, where she was named a Jones Scholar. Vallejo also serves on the board of directors of Cimarex Energy Co., where she is a member of the audit committee, the nominating and corporate governance committee and provides board oversight of the company’s approach to sustainability.

“We are very pleased that Frances Vallejo has agreed to join the board of Crestwood and add her considerable industry experience to help drive Crestwood’s long-term financial and sustainability strategies,” says Robert G. Phillips, chairman, president and CEO of Crestwood’s general partner. “She’s an exceptional leader whose breadth of knowledge in the finance and energy markets will be invaluable to Crestwood as we look to expand our midstream business portfolio and enhance our commitment to being a leader in ESG/sustainability. Frances will also serve as an excellent mentor for Crestwood employees who value her business acumen, diverse outlook and leadership style.”

With the appointment of Vallejo, the Crestwood board of directors consists of nine members, six of whom are independent. She will serve on the audit, finance and sustainability committees.

Featured image: arthobbit/iStock/Getty Images

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About the Author:

Brian Richesson is the editor in chief of LP Gas Magazine. Contact him at brichesson@northcoastmedia.net or 216-706-3748.

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