DT Midstream Chief Executive Officer David Slater Elected Executive Chairman of the Board
Rhea-AI Summary
DT Midstream (NYSE: DTM) announced that Chief Executive Officer David Slater was elected Executive Chairman of the Board, effective January 28, 2026, succeeding Robert Skaggs Jr., who remains a Board member.
The Board also appointed Christopher Zona as President, effective January 28, 2026; Zona will continue as Chief Operating Officer. Slater has served as President and CEO since May 6, 2021 and as a Board member since June 3, 2021. Both executives bring over 30 years of energy industry experience and prior leadership roles at DTE Energy.
Positive
- David Slater elected Executive Chairman effective January 28, 2026
- Christopher Zona appointed President while retaining Chief Operating Officer duties
- Slater has served as CEO since May 6, 2021 and as board member since June 3, 2021
- Both Slater and Zona have over 30 years of energy industry experience
Negative
- None.
News Market Reaction
On the day this news was published, DTM gained 0.93%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Key midstream peers like PAA (+1.44%), VNOM (+1.45%), WES (+0.22%), PBA (+0.65%), and TRP (+0.88%) also showed gains, suggesting a generally constructive midstream backdrop, though no sector-wide momentum signal was flagged for this news.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Oct 30 | Q3 2025 earnings | Positive | +3.1% | Strong Q3 results, higher Adjusted EBITDA, and guidance raised for full year. |
| Oct 16 | Earnings call notice | Neutral | -2.0% | Announcement of Q3 2025 results release date and conference call details. |
| Oct 02 | Pipeline expansion | Positive | +1.0% | Successful Guardian Pipeline expansion open season with 40% capacity increase awarded. |
| Jul 31 | Q2 2025 earnings | Positive | +1.3% | Strong Q2 results, key project FIDs, record volumes, and reaffirmed guidance outlook. |
Recent history shows share price often reacting positively to fundamental updates (earnings beats, project expansions), with one divergence around a scheduling-only earnings announcement.
Over the past six months, DT Midstream has reported multiple strong quarters, with Q2 2025 and Q3 2025 results featuring higher net income and solid Adjusted EBITDA, alongside recurring $0.82 quarterly dividends and raised/affirmed guidance. The company also advanced growth projects like the Guardian Pipeline expansion. Against this backdrop of steady operational and financial progress, the current leadership realignment centers on elevating the long-time CEO to Executive Chairman and promoting the COO to President, signaling continuity at the top of the organization.
Market Pulse Summary
This announcement details a leadership realignment, with long-serving CEO David Slater elected Executive Chairman and COO Christopher Zona appointed President effective January 28, 2026. Both executives bring over 30 years of energy industry experience and have led the business since the spin-off from DTE Energy. In the past six months, DT Midstream has paired these leaders with strong earnings, project expansions, and consistent dividends. Investors may focus on how this governance change supports ongoing execution of existing financial and operational plans.
Key Terms
spin-off financial
AI-generated analysis. Not financial advice.
DETROIT, Jan. 29, 2026 (GLOBE NEWSWIRE) -- DT Midstream, Inc. (NYSE: DTM) announced that CEO David Slater has been elected Executive Chairman of the Board of Directors, effective January 28, 2026. Slater succeeds Robert Skaggs, Jr., who will remain a member of the company’s Board.
Slater has served as the company’s President and Chief Executive Officer since May 6, 2021 and as a member of the company’s Board since June 3, 2021. Slater has over 30 years of experience in the energy industry, where he has worked in both commercial business development and operational roles. Prior to the company’s spin-off (the “Spin-off”) transaction from DTE Energy Company, Slater served as president and chief operating officer of DTE Energy’s midstream business and had been a member of DTE Energy’s executive leadership team since 2015.
The Board also appointed Christopher Zona, the company’s Executive Vice President and Chief Operating Officer, to the position of President, effective January 28, 2026. Mr. Zona will continue to serve as the company’s Chief Operating Officer.
Zona has served as the company’s Executive Vice President and Chief Operating Officer since the Spin-Off. He has over 30 years of experience in the energy industry, where he has worked in operational, engineering, construction and business development roles. Beginning in 2019, Zona served as the executive vice president of DTE Energy’s midstream business.
About DT Midstream
DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. For more information, please visit the DT Midstream website at www.dtmidstream.com.
Investor Relations Todd Lohrmann, DT Midstream, 313.774.2424 investor_relations@dtmidstream.com
FAQ
Who is the new Executive Chairman of DT Midstream (DTM) and when did the change take effect?
What role change occurred for Christopher Zona at DT Midstream (DTM) on January 28, 2026?
How long has David Slater been CEO and a board member of DT Midstream (DTM)?
What experience do DT Midstream (DTM) leaders David Slater and Christopher Zona bring to their roles?
Will Robert Skaggs Jr. remain involved with DT Midstream (DTM) after the board leadership change?
