Enterprise Grieves Loss of Chairman Dan L. Duncan
Enterprise Products Partners L.P., Duncan Energy Partners L.P. and Enterprise GP Holdings L.P. announced that chairman Dan L. Duncan passed away on March 28, 2010 at his home in Houston. Mr. Duncan co-founded Enterprise Products Company in 1968 and took Enterprise Products Partners public in July 1998.
"The entire Enterprise family mourns the unexpected passing of Dan Duncan who will be truly missed. Our thoughts and prayers are with his family," said Michael A. Creel, Enterprise president and chief executive officer.
A visionary leader, perhaps Mr. Duncan's most enduring legacy is that of being one of our country's great supporters of medical research. Through his generous financial commitments to the Baylor College of Medicine, Texas Children's Hospital, the University of Texas Health Science Center at Houston, and M.D. Anderson Cancer Center, Mr. Duncan was committed to ensuring that Houston remains a leader in the field of medical research, treatment and prevention of cancer. Mr. Duncan is survived by his wife, Jan, four children and four grandchildren.
The chief executive officers of Enterprise Products, Enterprise GP Holdings and Duncan Energy, Mr. Creel, Ralph S. Cunningham, and Richard H. Bachmann, respectively, will continue to serve in their roles. There is no change planned in the ownership or management of the respective partnerships.