People: Linn Energy, LLC (LINE.O)
LINE.O on Nasdaq
25.54USD
9 Feb 2010
25.54USD
9 Feb 2010
Price Change (% chg)
$0.34 (+1.35%)
$0.34 (+1.35%)
Prev Close
$25.20
$25.20
Open
$25.70
$25.70
Day's High
$25.72
$25.72
Day's Low
$25.27
$25.27
Volume
883,222
883,222
Avg. Vol
1,516,788
1,516,788
52-wk High
$28.99
$28.99
52-wk Low
$12.90
$12.90
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
| Linn, Michael | 57 | 2010 | Executive Chairman of the Board |
| Ellis, Mark | 53 | 2010 | President, Chief Executive Officer, Director |
| Rockov, Kolja | 38 | 2005 | Chief Financial Officer, Executive Vice President |
| Walker, Arden | 49 | 2010 | Chief Operating Officer, Senior Vice President |
| Rottino, David | 43 | 2008 | Senior Vice President, Chief Accounting Officer |
| Ripley, Charlene | 45 | 2007 | Senior Vice President, General Counsel, Corporate Secretary |
| Alcorn, George | 77 | 2006 | Independent Director |
| Jacobs, Terrence | 66 | 2006 | Independent Director |
| Swoveland, Jeffrey | 54 | 2006 | Independent Director |
| McCoy, Joseph | 58 | 2007 | Independent Director |
Biographies
| Name | Description |
|---|---|
| Linn, Michael | Mr. Michael Linn has been Executive Chairman of the Board of Linn Energy, LLC since January 1, 2010. Prior to that, from June 2006 to December 2007, Mr. Linn served as Chairman, President and Chief Executive Officer and from March 2003 to June 2006, he was the President, Chief Executive Officer and Director. From 2000 to 2003 Mr. Linn was President of Allegheny Interests, Inc., a private oil and gas investment company. From 1980 to 1999, Mr. Linn is the immediate past Chairman of the Independent Petroleum Association of America, the largest national trade association of independent oil and gas producers. He currently sits on the Boards of the National Petroleum Council, the American Exploration and Production Council and the National Association of Manufacturers and is a member of the oil and gas industry’s 25 Year Club. He was recently appointed as a Texas representative to the Legal and Regulatory Affairs Committee of the Interstate Oil and Gas Compact Commission. He is also Chairman of the Houston Wildcatters Committee of the Texas Alliance of Energy Producers. Mr. Linn regularly appears on behalf of the industry before state and federal agencies, such as the Department of Energy, Department of the Treasury, Federal Energy Regulatory Commission and the Environmental Protection Agency. In addition, he has testified on behalf of the industry before various committees and subcommittees of the U.S. House of Representatives and the U.S. Senate and is regularly quoted and has published various articles for trade publications and newspapers. He is the Chairman of the Corporate Committee for Capital Campaign of Texas Children’s Hospital and serves on the Board of Trustees for Texas Children’s Hospital. He also serves on the Committee for the Bush-Clinton Coastal Recovery Fund. |
| Ellis, Mark | Mr. Mark E. Ellis is the President, Chief Executive Officer and Director of Linn Energy, LLC effective January 1, 2010. From December 2006 to December 2007, Mr. Ellis was the Executive Vice President and Chief Operating Officer of the Company. Mr. Ellis has over 30 years of experience in the oil and gas industry, most recently serving as President, Lower 48 for ConocoPhillips from April 2006 to November 2006. Prior to joining ConocoPhillips, Mr. Ellis served as Senior Vice President of North American Production for Burlington Resources from September 2004 to April 2006. He served as President of Burlington Resources Canada Ltd. in Calgary from October 2000 to September 2004. Mr. Ellis joined Burlington Resources in 1985 and also held the positions of Vice President of the San Juan Division, Vice President and Chief Engineer and Manager of Acquisitions. He began his career at The Superior Oil Company, where he served in several engineering positions in the Onshore and Offshore divisions. Mr. Ellis is a member of the Society of Petroleum Engineers and a past board member of the New Mexico Oil & Gas Association, the Board of Governors of the Canadian Association of Petroleum Producers and served on the Foundation Board of the Alberta Children’s Hospital. Mr. Ellis currently serves on the Board of The Center for Hearing and Speech in Houston, Industry Board of Petroleum Engineering at Texas A&M University, the Visiting Committee of Petroleum Engineering at the Colorado School of Mines and the Houston Museum of Natural Science. |
| Rockov, Kolja | Mr. Kolja Rockov is Executive Vice President and Chief Financial Officer of the company. Mr. Rockov has over 15 years of experience in the oil and gas finance industry. From October 2004 until he joined Linn Energy in March 2005, Mr. Rockov served as a Managing Director in the Energy Group at RBC Capital Markets, where he was primarily responsible for investment banking coverage of the U.S. exploration and production sector. From September 2000 until October 2004, Mr. Rockov was a Director at RBC Capital Markets. Prior to September 2000, Mr. Rockov held various senior positions with Dain Rauscher Wessels and Rauscher Pierce Refsnes, Inc., predecessors of RBC Capital Markets. |
| Walker, Arden | Mr. Arden L. Walker, Jr. is the Chief Operating Officer, Senior Vice President of Linn Energy, LLC . Mr. Walker joined the Company in February 2007 to oversee its Western operations, which, at that time, included California, Oklahoma and Texas, and he is currently responsible for oversight of the Company’s operations in all regions. In addition, Mr. Walker serves in the capacity of chief engineer for the Company and is responsible for the Company’s reserve review and booking processes. From April 2006 until he joined the Company in February 2007, Mr. Walker served as Asset Development Manager, San Juan Business Unit for ConocoPhillips Company. From June 2004 to April 2006, Mr. Walker served as General Manager, Asset Development in San Juan Division for Burlington Resources. From January 2002 until June 2004, Mr. Walker served as Business Development Manager in San Juan Division for Burlington Resources. Mr. Walker began his career with El Paso Exploration Company in 1982 and has served in a broad range of engineering, business development and management positions with Burlington Resources since that time. Mr. Walker is a member of the Society of Petroleum Engineers, Independent Petroleum Association of America and California Independent Petroleum Association. Mr. Walker earned a Bachelor of Science in Petroleum Engineering from Texas Tech University. He is a member of the Society of Petroleum Engineers, Independent Petroleum Association of America, Oklahoma Independent Petroleum Association and California Independent Petroleum Association. |
| Rottino, David | Mr. David B. Rottino is Senior Vice President, Chief Accounting Officer of the Company since June 2008. Mr. Rottino’s career includes over 15 years of oil and gas accounting experience, most recently serving as Vice President and E&P Controller for El Paso Corporation from June 2006 to May 2008. Prior to joining El Paso Corporation, Mr. Rottino served as Assistant Controller for ConocoPhillips from April 2006 to June 2006. He was Vice President and Chief Financial Officer for the Canadian division of Burlington Resources from July 2005 to April 2006 and served as Burlington Resources’ Director of Financial Analysis and Corporate Accounting from August 2000 to July 2005. Mr. Rottino joined Burlington Resources in 1996 and has served in a broad range of accounting and audit positions. Mr. Rottino is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants and Texas Society of Certified Public Accountants. In addition, he currently serves on the Board of the June Rusche Hamrah Camp For All. |
| Ripley, Charlene | Ms. Charlene A. Ripley is Senior Vice President, General Counsel and Corporate Secretary of the company April 2007. Prior to joining the Company, Ms. Ripley held the position of Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer at Anadarko Petroleum Corporation from 2006 until April 2007 and served as Vice President, General Counsel and Corporate Secretary from 2004 until 2006, Vice President and General Counsel from 2003 to 2004 and Vice President, General Counsel and Secretary of Anadarko Canada Corporation and its predecessor companies since 1998. |
| Alcorn, George | Mr. George A. Alcorn is Independent Director of the company since January 2006. Mr. Alcorn is an independent director and serves as Chairman of Nominating and Governance Committee. Mr. Alcorn has served as President of Alcorn Exploration, Inc., a private exploration and production company, since 1982. Mr. Alcorn is also a member of the board of directors of EOG Resources, Inc. He is a past chairman of the Independent Petroleum Association of America and a founding member and past chairman of the Natural Gas Council. |
| Jacobs, Terrence | Mr. Terrence S. Jacobs is Independent Directors of the company since January 2006. Mr. Jacobs is an independent director and serves as Chairman of Audit Committee. Since 1995, Mr. Jacobs has served as President and CEO of Penneco Oil Company, which provides ongoing leasing, marketing, exploration and drilling operations for natural gas and crude oil in Western Pennsylvania and West Virginia. Mr. Jacobs currently serves on the boards of directors of Penneco Oil Company and affiliates, CMS Mid-Atlantic, Inc. and First Commonwealth Bank. Mr. Jacobs served as President of the Independent Oil and Gas Association of Pennsylvania from 1999 to 2001 and from 2003 to 2005 and has served as a director of the Independent Petroleum Association of America for the states of Delaware, Maryland, Pennsylvania and New York-West from 2000-2006. He is presently serving as Chairman of the Tax Committee of the Independent Petroleum Association of America. Mr. Jacobs is a Certified Public Accountant in Pennsylvania. |
| Swoveland, Jeffrey | Mr. Jeffrey C. Swoveland is Independent Directors of the company since January 2006. Mr. Swoveland is an independent director and serves as Chairman of the Compensation Committee. Since May of 2006, Mr. Swoveland has served as Chief Operating Office of Coventina Healthcare Enterprises, a medical device company that develops and markets products which reduce pain and increase the rate of healing through therapeutic, deep tissue heating. From 2000 to 2006, he served as Chief Financial Officer of BodyMedia, a life-science and bioinformatics company. From 1994 to 2000, he served as Director of Finance, VP Finance & Treasurer and Interim Chief Financial Officer of Equitable Resources, Inc., a diversified natural gas company. |
| McCoy, Joseph | Mr. Joseph P. McCoy is Independent Directors of the company since September 2007. Mr. McCoy is an independent director. Mr. McCoy served as Senior Vice President and Chief Financial Officer of Burlington Resources Inc. from 2005 until 2006 and Vice President and Controller (Chief Accounting Officer) of Burlington Resources Inc. from 2001 until 2005. Mr. McCoy is also a member of the boards of directors of Rancher Energy, Inc. and BPI Energy Corp. Since 2006, other than his service on our board of directors and the other boards identified above, Mr. McCoy has been retired. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
| Linn, Michael | 4,444,800 |
| Ellis, Mark | 3,932,600 |
| Rockov, Kolja | 2,844,180 |
| Walker, Arden | 1,167,100 |
| Rottino, David | -- |
| Ripley, Charlene | 863,300 |
| Alcorn, George | -- |
| Jacobs, Terrence | -- |
| Swoveland, Jeffrey | -- |
| McCoy, Joseph | -- |
As Of 30 Dec 2008
Options Compensation
| Name | Options | Value |
|---|---|---|
| Linn, Michael | 0 | 0 |
| Ellis, Mark | 0 | 0 |
| Rockov, Kolja | 0 | 0 |
| Walker, Arden | 0 | 0 |
| Rottino, David | 0 | 0 |
| Ripley, Charlene | 0 | 0 |
| Alcorn, George | 0 | 0 |
| Jacobs, Terrence | 0 | 0 |
| Swoveland, Jeffrey | 0 | 0 |
| McCoy, Joseph | 0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
| ROTTINO DAVID B | 23,637 | $0.00 |
| ROCKOV KOLJA | 43,637 | $0.00 |
| RIPLEY CHARLENE A | 29,091 | $0.00 |
| WALKER ARDEN JR | 30,910 | $0.00 |
| LINN MICHAEL C | 109,091 | $0.00 |
| ALCORN GEORGE A | 4,182 | $0.00 |
| SWOVELAND JEFFREY C | 4,182 | $0.00 |
| MCCOY JOSEPH P | 4,182 | $0.00 |
| JACOBS TERRENCE S | 4,182 | $0.00 |
| ELLIS MARK E | 116,364 | $0.00 |
| LINN MICHAEL C | 57,492 | $28.10 |
| ROCKOV KOLJA | 27,015 | $28.10 |
| ELLIS MARK E | 19,866 | $28.10 |
| ROTTINO DAVID B | 7,806 | $28.10 |
| WALKER ARDEN JR | 6,157 | $28.10 |
| RIPLEY CHARLENE A | 6,488 | $28.10 |
| ELLIS MARK E | 9,055 | $27.88 |
| ROCKOV KOLJA | 2,379 | $0.00 |
| ROCKOV KOLJA | 113,265 | $0.00 |
| ROCKOV KOLJA | 21,131 | $0.00 |
| LINN MICHAEL C | 139,800 | $21.41 |
| LINN MICHAEL C | 452,800 | $21.37 |
| LINN MICHAEL C | 353,300 | $21.70 |
| LINN MICHAEL C | 54,100 | $21.68 |
| ROCKOV KOLJA | 125,000 | $19.06 |





