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American Midstream Taps New CFO; Relocates Offices to Houston
American Midstream Partners, LP announced that the general partner of the Partnership appointed Eric T. Kalamaras as Senior Vice President and Chief Financial Officer effective today. Mr. Kalamaras succeeds Dan Campbell who served as Chief Financial Officer since 2012. Mr. Campbell and Mr. Kalamaras will work closely over the next few months to ensure a seamless transition for the Partnership.
American Midstream is relocating the corporate headquarters to Houston and Mr. Campbell elected not to move to Houston for personal reasons.
Mr. Kalamaras, 43, has 20 years of financial leadership experience and most recently served as Executive Vice President and Chief Financial Officer of Azure Midstream Partners, LP and Azure Midstream Company, LLC. Prior to Azure, Mr. Kalamaras served as Chief Financial Officer at Valerus Energy Holdings, Delphi Midstream Partners, and Atlas Pipeline Partners, LP. Prior to Atlas Pipeline Partners, he spent a combined 10 years at Wells Fargo and Banc of America Securities providing investment banking and debt capital markets services to clients in the energy and natural resource industries. Mr. Kalamaras started his career as a financial analyst at Ford Motor Company, and holds a Bachelor of Science in Business Administration from Central Michigan University and a Master of Business Administration from Wake Forest University.
As announced previously, American Midstream is relocating the corporate headquarters to Houston and Mr. Campbell elected not to move to Houston for personal reasons.
Lynn Bourdon, Chairman, President and Chief Executive Officer, said: "We are excited to welcome Eric to American Midstream, an accomplished finance executive with nearly 20 years of midstream energy experience. We intend to invest significant capital during the next several years to achieve multi-year sustainable cash flow growth, and Eric’s breadth of experience, including capital markets and M&A, is a natural complement to our growth strategy. In addition to his strong finance expertise, Eric is a great cultural fit and we are excited to have him on our team.
"Dan has been a critical member of our executive team for more than four years and has done a superb job leading the accounting, finance, investor relations, internal audit and human resource organizations while making a significant impact on the Partnership. Dan played a key role in driving the transformation of the Partnership over his tenure, and he leaves American Midstream with a strong financial foundation and well positioned to deliver long-term value to our unitholders. We will truly miss Dan and wish him well in his next venture.”
Kalamaras added: "I am thrilled to join Lynn and the executive team at this exciting time for the Partnership. American Midstream has significant geographic diversity and the recent Gulf of Mexico acquisitions further strengthen the Partnership and enhance fee-based cash flow. With a strong asset platform, coupled with the continued support of ArcLight Capital, we are well positioned to drive long-term, sustainable growth for our unitholders.”
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