MLP Crestwood Shuffles Executive Team as Dougherty Departs

Steven Dougherty, executive vice president and chief accounting officer at Crestwood Equity Partners LP, will leave the company after 11 years to “pursue other opportunities,” Crestwood said on April 25.

Dougherty, known as “Doc,” joined the midstream MLP in 2012 and at one point served as interim CFO. He previously worked at El Paso Corp. as director of corporate accounting and at KPMG.

“Doc has been a core member of the Crestwood management team since 2012 and has developed a tremendous team of professionals within our accounting, financial reporting, tax, internal audit, IT, and risk management functions,” said Robert G. Phillips, Crestwood’s founder, chairman and CEO. “We are excited for the opportunity for many of these highly talented leaders to advance their careers and are confident they are well prepared to ensure a seamless transition.”

Dougherty will stay in his present position through the end of the second quarter. Crestwood announced several management changes to take place after his departure:

• Jeff Cathey, senior vice president and controller, will oversee the accounting department;
• Deana Werkowitch, senior vice president of audit, technology and implementation services, will oversee the internal audit and technology functions;
• Donna Schmidt, vice president of tax will oversee the tax department; and
• Casey Rosengarten, vice president of risk management, will oversee the risk management function.