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Richard D. Kinder is Chairman and CEO of Kinder Morgan, Inc. (NYSE: KMI) and Kinder Morgan Energy Partners, L.P. (NYSE: KMP) , both headquartered in Houston, Texas.
Kinder Morgan Energy Partners, L.P. (NYSE: KMP) is one of the largest publicly traded pipeline limited partnerships in America and owns or operates more than 27,000 miles of pipelines and approximately 145 terminals. Its pipelines transport more than 2 million barrels/day of gasoline and other petroleum products and up to 9 billion cubic feet/day of natural gas; and, its terminals handle over 80 million tons of coal and other bulk materials annually and have a liquids storage capacity of about 70 million barrels for petroleum products and chemicals. KMP is also the leading provider of CO2 for enhanced oil recovery projects in the United States.
The general partner of KMP is owned by Kinder Morgan, Inc. (NYSE: KMI), one of the largest energy transportation, storage and distribution companies in North America. Combined, the two companies have an enterprise value of more than $35 billion.
Kinder Morgan Management, LLC (NYSE: KMR) is a limited liability company, and its only significant assets are the partnership units it owns in KMP. KMR shareholders receive distributions in the form of additional shares equivalent in value to the cash distributions received by KMP common unitholders.
Mr. Kinder is one of the founders of Kinder Morgan, which was formed in February 1997. Through his leadership, Kinder Morgan has grown from a small company with 150 employees into an enterprise with 9,000 employees and operations throughout North America. Kinder Morgan’s strategy is to own and operate stable, fee-based, mid-stream energy assets, with little exposure to commodity prices.
Mr. Kinder has more than 25 years of management and legal experience in the energy industry. He is a life trustee of the Museum of Fine Arts, Houston and a member of the National Board of the Smithsonian Institution. He currently serves as Vice Chairman of the National Petroleum Council.
He received his undergraduate and law degrees from the University of Missouri, and served in Vietnam as a Captain in the U.S. Army | 