Rich Kinder will step down as Kinder Morgan CEO – Houston Business Journal

Kinder Morgan Inc. (NYSE: KMI) co-founder, Chairman and CEO Rich Kinder will step down from the CEO job in June after successfully leading the consolidating of the Kinder Morgan family of companies.Kinder, 70, who is the wealthiest person in the Houston region, will remain active as the Kinder Morgan executive chairman while handing off the CEO role to Steve Kean, who is the current president and COO of the company, on June 1.Kinder said it will be a “seamless transition” and that the company will be in “good hands.” In early December, Kinder told the Houston Business Journal that Kean would become CEO, but he declined to give a timeline then.

via Rich Kinder will step down as Kinder Morgan CEO – Houston Business Journal.

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