Atmos Energy CEO Mike Haefner leaves for health reasons

  • After about two years in the position
  • Praise, thanks and good wishes for Haefner
  • Kevin Akers taking over
  • Haefner said 98 words

(exechange) — Dallas, Texas, August 7, 2019 — Mike Haefner, chief executive of Atmos Energy, leaves. As announced by Atmos Energy Corp. in a news release and in a regulatory filing published on Wednesday, August 7, 2019, Michael E. (Mike) Haefner leaves his post as Chief Executive Officer at the natural-gas-only distributor after about two years in the role, effective September 30, 2019.

Mike Haefner’s duties as CEO will be taken over by J.Kevin Akers, currently Executive Vice President of Atmos Energy Corporation.

Health reasons

Mike Haefner’s departure from the CEO post is explained as follows. Atmos Energy said: “Haefner has announced his intention to step down from his positions as President and Chief Executive Officer effective September 30, 2019 to focus on a recent health issue. He will retire January 1, 2020 from the Company and the Board.”

“Step down”

Atmos Energy said: “Michael E. Haefner has announced his intention to step down from the positions of President and Chief Executive Officer effective September 30, 2019 due to health considerations.”

Share price increase since October 2017

The announcement follows an increase in Atmos Energy Corporation’s share price of 24% since October 2017.

Chaired by Kim R. Cocklin

Atmos Energy Corporation is chaired by Kim R. Cocklin.

Cocklin was named Executive Chairman of the Board of Atmos Energy Corporation, effective October 1, 2017.

He previously served as chief executive officer of Atmos Energy from October 2015 through September 2017.

In the position of CEO since 2017

Mike Haefner became CEO of the Company in October 2017.

Haefner was promoted to President and Chief Executive Officer on October 1, 2017, after having served as President and Chief Operating Officer from October 2015 through September 2017 and as Executive Vice President from January 2015 through September 2015.

Haefner has served on Atmos Energy’s senior management team since he joined the Company as its Senior Vice President, Human Resources in June 2008.

Haefner served previously as Senior Vice President, Human Resources for Sabre Holdings Corporation.

He has over a 30-year work history with broad experience in dynamic industries and over half of his career has been in senior management and critical leadership positions.

Push-out Score not determined

When the reason for the departure is health-related, a Push-out Score™ is not determined.

Read the full story in the exechange report 32.2019 ($).