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InfraREIT board chairman steps down

Kirk Baker resigned as chairman of InfraREIT Inc.'s board of directors, effective Feb. 14, and will not stand for re-election at the next shareholders meeting.

Baker will complete his current term as a director, according to a Feb. 15 filing.

He will be succeeded as chairman by Harold Logan Jr., who has served as the lead director of the board since the company's IPO in December 2014.

Baker also served as the CEO of InfraREIT from 2010 to 2014.