Mr Echols brings 30 years of financial and business experience to Crosstex. After 20 years with accounting and consulting firm Arthur Andersen, which included serving as managing partner of the firm’s audit and business advisory practice in north Texas, Colorado and Oklahoma, Mr Echols has spent six years with Centex as executive vice president and chief financial officer.
He retired from Centex in June 2006. Since then, he has continued to serve on company boards, managed private investments, and pursued public service and charitable endeavors. Mr Echols is a member of the boards of directors of another publicly traded company, Trinity Industries, and two private companies, Roofing Supply Group Holdings, and Colemont Corporation.
Barry Davis, president and CEO of Crosstex, said: We are excited about Lel Echols joining our organization. We welcome his accounting, audit and management expertise and counsel as we continue our rapid growth. I am confident Lel will make a valuable contribution to the implementation of our business strategy and our continued success.
