Enterprise Products Partners and Enterprise GP Holdings L.P. announced on March 29 the death of Chairman Dan L. Duncan, 77, the previous night at his home in Houston. Duncan co-founded Enterprise Products Company in 1968 and took Enterprise Products Partners public in July 1998.
“The entire Enterprise family mourns the unexpected passing of Dan Duncan who will be truly missed. Our thoughts and prayers are with his family,” said Michael A. Creel, Enterprise president/CEO. Described as a visionary, the company said Duncan’s “most enduring legacy is that of being one of our country’s great supporters of medical research.
“Through his generous financial commitments to the Baylor College of Medicine, Texas Children’s Hospital, the University of Texas Health Science Center at Houston, and M.D. Anderson Cancer Center, Mr. Duncan was committed to ensuring that Houston remains a leader in the field of medical research, treatment and prevention of cancer.”
Duncan leaves his wife, Jan, four children and four grandchildren. The chief executive officers of Enterprise Products, Enterprise GP Holdings and Duncan Energy, Creel, Ralph S. Cunningham, and Richard H. Bachmann, respectively, will continue to serve in their roles. There is no change planned in the ownership or management of the respective partnerships.
Enterprise Products Partners L.P. is the largest publicly traded partnership and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals.
Leaders at the Texas Heart Institute presented Jan and Dan Duncan with the prestigious Denton A. Cooley Leadership Award on February 3, 2010. Both were recognized for their strong support of THI and their unwavering commitment to serving the community through generous contributions that have helped support advancements in research and education for treating cardiovascular disease.