Houston midstream giant names co-CEOs, reports record 2019 earnings

Houston-based Enterprise Products Partners LP (NYSE: EPD) has promoted its president and CFO to a co-CEO position, the midstream giant announced Jan. 30.

W. Randall Fowler will retain his CFO role while taking on the co-CEO role. Existing CEO A.J. “Jim” Teague also has been named co-CEO.

Both Teague and Fowler will continue to serve as directors on the board of Enterprise’s general partner and members of the four-person Office of the Chairman. The other two members are Randa Duncan Williams,…