Kayne Anderson Energy Infrastructure Fund Announces Appointment of New Independent Directors

Core Viewpoint - Kayne Anderson Energy Infrastructure Fund, Inc. has appointed Holli C. Ladhani and Michael N. Mears as independent directors, restoring the Board to eight members, seven of whom are independent [1][6]. Group 1: Appointments and Board Composition - Holli C. Ladhani and Michael N. Mears have been appointed as independent directors effective immediately [1]. - The appointments follow the retirements of Anne K. Costin and Albert L. Richey earlier in the year [1]. - The Board now consists of eight members, with seven being independent [1]. Group 2: Holli C. Ladhani's Background - Holli C. Ladhani has extensive experience in the energy, chemicals, power, and infrastructure sectors [2]. - She previously served as President and CEO of Select Energy Services, Inc. and held various executive roles at Rockwater Energy Solutions and Dynegy Inc. [2][3]. - Ladhani is currently on the boards of Quanta Services, Inc., AmSpec, and the forthcoming Amrize spin-off from Holcim [3]. Group 3: Michael N. Mears' Background - Michael N. Mears is an accomplished executive in the energy infrastructure sector, having served as Chairman, President, and CEO of Magellan Midstream Partners, L.P. until April 2022 [4]. - He has held several senior leadership roles at Magellan since its formation in 2002 and began his career at Williams Pipeline Company [4]. - Mears currently serves on the boards of Devon Energy Corporation and Sempra, where he chairs the Corporate Governance Committee [5]. Group 4: Company Overview - Kayne Anderson Energy Infrastructure Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940 [7]. - The company's investment objective is to provide a high after-tax total return with an emphasis on cash distributions to stockholders, investing at least 80% of its total assets in securities of Energy Infrastructure Companies [7].