Equitrans CEO Karam to Step Down, Insider Charletta to Succeed
(Reuters) — Equitrans Midstream said on Thursday CEO Thomas Karam will step down from his role at the end of the year to become the pipeline operator's executive chairman.
Chief Operating Officer Diana Charletta will succeed Karam, effective Jan. 1, 2024, the company said.
Last month, a U.S. appeals court rejected a challenge to federal approvals for the Mountain Valley Pipeline, in a decision that likely ends legal fights over the construction of the $6.6 billion natural gas project led by the company.
The pipeline was initially projected to be finished by late 2018 but was delayed by opposition from groups that claimed it would cause environmental damage and increase the use of climate change-causing natural gas.
Karam and Charletta have been the CEO and COO, respectively, since September 2018, the company said.
Related News
Related News

- Poland Detects Leak in Russia's Druzhba Oil Pipeline
- Magellan Midstream Approves $18.8 Billion Sale to ONEOK, Creating Major U.S. Pipeline Player
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
- South Dakota Denies Permit for Summit Carbon Solutions' 495-Mile CO2 Pipeline Segment
- Canada Looking to Sell Trans Mountain Pipeline Stake to Indigenous Groups
- Energy Transfer to Buy Crestwood in $7.1 Billion Pipeline Deal
- Criteria to Consider in Selecting Water Transfer Flow Meters
- US Energy Firm Payouts to Oil Investors Top Exploration Spending for First Time
- DT Midstream Successfully Completes Phase 1 LEAP Expansion Ahead of Schedule
Comments