Mark Sutton, GPA Midstream president and CEO and GPSA secretary, has announced his retirement, which draws to a close his 37 years of dedicated service to both associations.
An industry committee comprised of GPA Midstream executive members will conduct a national search for a new president and CEO. Sutton will remain in office during the search process and for a transitional period after a replacement has been named.
“It’s time,” Sutton said. “These associations have been my life throughout a lengthy career in a wonderful industry, and now I look forward to adjusting my priorities that include spending more time with family and enjoying lots of activities together.”
“While Mark will be retiring, we will rely on his in-depth knowledge of the associations and continued leadership throughout the transition of finding and bringing a successor aboard,” said GPA Midstream Chairman Bill Ward of Superior Pipeline. “He has our associations in good shape for a change of this kind at this time. On behalf of all GPA Midstream and GPSA members, I extend our collective ‘thank you’ to Mark for his service.”
The announcement comes one day after Pioneer Natural Resources Co. completed its transformation into a pure-play Permian Basin company with the sale of its remaining South Texas assets for up to $475 million.
Plains All American picked up terminal assets located in Oklahoma’s famous Cushing oil hub from CVR Energy as the company begins to explore strategic alternatives.
NextDecade Corp. founder and chairwoman Kathleen M. Eisbrenner has died the company announced May 10. She was 58.