Crestwood Equity Partners promotes three executives

August 24, 2022 By    

Crestwood Equity Partners promoted three employees to executive leadership positions.

John Black has been promoted to executive vice president and CFO and will report directly to Robert Halpin, who will continue in his role as president and report directly to Robert G. Phillips, founder, chairman and CEO.

Black has been with Crestwood since 2014, most recently serving as senior vice president of finance since 2019. During his tenure in various finance roles, Black has been critical to the development and execution of Crestwood’s corporate and financial strategies, the company says. In his new role, he will be responsible for overseeing Crestwood’s corporate finance organization, including financial planning and analysis, capital markets execution, treasury and cash management, and investor relations. Prior to joining Crestwood, Black held positions at First Reserve and Citi.

“I am excited to announce John’s well-deserved promotion to chief financial officer,” Phillips says in a press release. “Alongside Robert, John has been an integral part of Crestwood’s management and finance teams as the company has continued to grow and evolve through various commodity cycles. His leadership, work ethic, financial acumen and strength of character perfectly embodies the culture we have worked so hard to build at Crestwood over the past 12 years. As Crestwood looks to capture the benefits of the numerous transactions announced over the last 12 months, I am thrilled to add additional depth to our knowledgeable and experienced executive team and to continue to advance and develop our highly talented individuals for the continued success of Crestwood.”

Additionally, Crestwood promoted Josh Wannarka to senior vice president of finance and Andrew Thorington to vice president of finance and investor relations.

Wannarka joined Crestwood in 2015, most recently serving as senior vice president of investor relations. In his new expanded role, Wannarka will continue to lead Crestwood’s investor relations team while also overseeing the company’s full financial planning and analysis function.

Thorington joined Crestwood in 2014, most recently serving as vice president of finance. In his new role, Thorington will become Crestwood’s primary execution lead over investor relations while continuing his leadership role over Crestwood’s financial planning and analysis group, including continuing support of Crestwood’s commercial, business development, and corporate development and strategy teams, Crestwood says.

“I share Bob’s excitement in today’s announcements of the advancement of Crestwood’s executive leadership and finance teams,” Halpin says. “John, Josh and Andrew have each played critical roles in the success of Crestwood over the years. I have been very fortunate in my tenor as CFO to have such a talented group of finance professionals supporting our team. I have the upmost confidence in their ability to assume greater leadership of Crestwood’s corporate finance function and to continue the execution of our strategy to drive long-term value for our investors.”

Featured homepage image: arthobbit/iStock / Getty Images Plus/Getty Images

This article is tagged with , , and posted in News

About the Author:

Carly Bemer (McFadden) was the managing editor at LP Gas magazine.

Comments are currently closed.