Kinetik Holdings Appoints Craig Harris, Former Blackstone Senior Managing Director, to Board
KNTK sits 53% above its 52-week low of $31.33.
Summary
Kinetik Holdings announced the appointment of Craig Harris, a seasoned energy industry executive and former Blackstone Senior Managing Director, to its Board of Directors, expanding the board to 11 members.
Key Events · Executive and Board Changes · KNTK
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New Director Appointment
Craig Harris was appointed to the Board of Directors, effective June 23, 2026. Mr. Harris brings over 30 years of experience in the energy industry, including senior leadership roles at 3Bear Energy, Enable Midstream Partners, and El Paso Corporation, and served as a Senior Managing Director at Blackstone's credit business from October 2022 to March 2026.
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Board Expansion
In connection with Mr. Harris's appointment, the Board of Directors increased its size from ten to eleven directors.
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Standard Compensation
As a non-employee and non-affiliate director, Mr. Harris will receive standard cash and equity compensation, prorated for his service until the 2027 Annual Meeting of Stockholders.
Analysis · KNTK · Energy & Transportation
Kinetik Holdings has appointed Craig Harris, an industry veteran with over 30 years of experience, including a senior managing director role at Blackstone's credit business, to its Board of Directors. This move expands the board from 10 to 11 members and is intended to strengthen the company's strategic perspective and governance with his extensive midstream industry background.
At the time of this filing, KNTK was trading at $48.02 on NYSE in the Energy & Transportation sector, with a market capitalization of approximately $8B. The 52-week trading range was $31.33 to $51.51. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.