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BRIEF-Columbia Pipeline Partners appoints Stanley Chapman president of general partner

Published 2016-07-01, 09:10 a/m
© Reuters.  BRIEF-Columbia Pipeline Partners appoints Stanley Chapman president of general partner

July 1 (Reuters) - Columbia Pipeline Partners Lp CPPL.N
* Columbia Pipeline Partners announces change in general
partner and appointment of new directors and officers
* Robert Skaggs, Glen Kettering, Stephen Smith, Robert Smith
resigning as directors of general partner of partnership
* Stanley Chapman is appointed president of general partner
of partnership
* Kristine Delkus is appointed as a director and chair of
general partner of partnership
* Decision on MLP strategy is expected to be communicated by
end of 2016
* Management expects to recommend to board increase to
partnership's quarterly distribution
* Repaid, terminated $500 million credit facility, replaced
it with $50 million intercompany credit facility to help with
liquidity

Source text for Eikon: ID:nMKWSM6ypa
Further company coverage: CPPL.N

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