Robert Phillips Biography and Net Worth

Mr. Phillips has served as a member of our Board, the Special Committee, and the Compensation Committee since May 2025. Mr. Phillips has 47 years of experience in the energy industry, most recently serving as Founder, Chairman and Chief Executive Officer of Crestwood Equity Partners LP, from its formation in October 2010 until its merger with Energy Transfer LP in November 2023. Prior to founding Crestwood, Mr. Phillips served as the President and Chief Executive Officer of Enterprise Products Partners L.P., as Chairman and Chief Executive Officer of GulfTerra Energy Partners, L.P. (formerly El Paso Energy Partners LP), and as Chairman, President and Chief Executive Officer of Eastex Energy, Inc. Mr. Phillips serves as a director of South Bow Corporation, which transports Canadian crude oil production to refining markets in the US Midwest and Gulf Coast, and as a director of Enstor, Inc., which is the largest privately owned natural gas storage company in the United States. Mr. Phillips has previously served as an independent director of Pride International, Inc. and Bonavista Energy Corporation. Prior to Crestwood’s merger with Energy Transfer, Mr. Phillips served on the board of directors of the Energy Infrastructure Council, where he co-chaired the ESG Committee, which focused on the development and implementation of industry-wide sustainability standards across the midstream sector. From 2021 to 2023, Mr. Phillips served on the National Petroleum Council which advises the United States Department of Energy on oil and gas related matters.