Kinder Morgan reported that Fayez Sarofim will retire from its board of directors effective December 31, 2020.
Mr. Sarofim has served on KMI's board of directors since 1999. At this time, KMI's board does not anticipate appointing a successor to the board.
About Sarofim
Mr. Sarofim was born in 1928 in Cairo, Egypt. He came to the United States in 1946 and became a naturalized American citizen in 1961. He received his bachelor's degree from the University of California Berkeley and a master's degree in business administration from Harvard Business School. In August 1958, he founded the investment firm Fayez Sarofim & Co., in Houston, Texas. He is an active philanthropist in the community and a significant contributor to the Museum of Fine Arts, Houston, with the MFAH's extensive collections and exhibitions presented primarily at three main gallery buildings on the Susan and Fayez S. Sarofim Campus. This addition to the museum allowed the entire community greater access to galleries featuring a wide variety of collections and exhibits. He also provides support to the Houston Ballet, Memorial Sloan-Kettering Cancer Center, Texas Children's Hospital, University of Texas Health Science Center and Houston Grand Opera, to name a few.
More People-Retirement News

ExxonMobil Brings On New VP / Treasurer
ExxonMobil reported that Jim Chapman has been appointed vice president, Tax and Treasurer, effective November 28, 2022. Chapman replaces Jaime Spellings, who has elected to retire after 31…

Ezra Yacob Takes Chairman Role at EOG; Bill Thomas Retires
EOG Resources' William R. "Bill" Thomas has elected to retire from the board of directors and that Ezra Y. Yacob, Chief Executive Officer, has been appointed to the…

Devon Chairman Hager to Retire; Barbara Baumann Named to Top Spot
Devon Energy Corp. reported that the company's board of directors expects to appoint Barbara Baumann as chair of the board, succeeding Dave Hager, who has notified the board…

Shell CEO van Beurden to Step Down; Wael Sawan Tapped as Successor
Shell plc announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan.…

Coterra Energy Shuffles Management Team Amid Retirements
Coterra Energy Inc. announced current and pending retirements of three executive officers of the Company, along with the promotions of three individuals into executive leadership roles. Retirements: Steven…
United States News

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…

EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…

New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…

2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…

Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…
