Business Services Industry
Chief of Houston-based pipeline firm promotes running company on common sense.
Knight Ridder/Tribune Business News, October, 2004
By Jim Fuquay, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News
Oct. 29--Next time you're trying to rustle up a ticket to a hot playoff game or premier golf tournament, don't call anybody at Kinder Morgan.
"If you see a Kinder Morgan employee at a sporting event, you can be sure he's paying for it," said Richard Kinder, chairman and chief executive of the Houston-based pipeline company. The advocate of shareholder-centered corporate management told a Texas Christian University breakfast audience Thursday that too many U.S. companies have become enamored with the perks of power while slighting employees and shareholders.
Kinder's thrifty ways -- he says he flies coach and heads out in a pickup when visiting the...
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