Summary
Energy Transfer LP (ET) announced a leadership transition within its legal department. Effective December 12, 2022, James M. Wright, Jr. will be appointed as the new Executive Vice President, General Counsel, and Chief Compliance Officer of LE GP, LLC, the general partner of Energy Transfer LP. Mr. Wright brings extensive experience to this role, having been with the Partnership since 2005 and most recently serving as Executive Vice President – Legal and Chief Compliance Officer since October 2018. His prior roles include General Counsel for Energy Transfer Partners, L.P. and Deputy General Counsel. This appointment represents a planned succession within the executive team. Notably, the outgoing Executive Vice President, General Counsel and President – LNG, Thomas P. Mason, will retain his responsibilities as Executive Vice President and President – LNG, and will also continue to lead the company's alternative energy initiatives. Investors should view this as a stable leadership change that maintains continuity in key areas, particularly within the critical LNG and alternative energy segments.
Key Highlights
- 1James M. Wright, Jr. appointed as Executive Vice President, General Counsel, and Chief Compliance Officer, effective December 12, 2022.
- 2Wright has been with Energy Transfer since 2005, holding various senior legal positions.
- 3Wright's recent role was Executive Vice President – Legal and Chief Compliance Officer since October 2018.
- 4Thomas P. Mason will continue as Executive Vice President and President – LNG.
- 5Mason will also continue to lead the Partnership's alternative energy group.
- 6This filing is an 8-K, indicating a material event.
- 7The leadership change is effective on a future date, allowing for a smooth transition.