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ONEOK Inc (OKE)

OKE on New York Consolidated

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25 Jul 2017
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Summary

Name Age Since Current Position

John Gibson

64 2016 Non-Executive Chairman of the Board

Terry Spencer

57 2014 President, Chief Executive Officer, Director of the Company and Oneok Partners

Walter Hulse

53 2017 Chief Financial Officer, Executive Vice President - Strategic Planning and Corporate Affairs

Kevin Burdick

52 2017 Chief Operating Officer, Executive Vice President

Robert Martinovich

59 2015 Executive Vice President, Chief Administrative Officer

Derek Reiners

46 2017 Senior Vice President - Finance, Treasurer

Stephen Lake

53

Michael Fitzgibbons

58 2017 Senior Vice President - Natural Gas Gathering and Processing

Sheppard Miers

48 2013 Chief Accounting Officer, Vice President of the Company and Oneok Partners

James Mogg

68 2012 Lead Independent Director

Brian Derksen

65 2015 Independent Director

Julie Edwards

58 2007 Independent Director

Randall Larson

59 2015 Independent Director

Steven Malcolm

68 2012 Independent Director

Pattye Moore

58 2002 Independent Director

Gary Parker

71 1991 Independent Director

Eduardo Rodriguez

61 2004 Independent Director

Biographies

Name Description

John Gibson

Mr. John William Gibson is Non-Executive Chairman of the Board of the Company. He served as our Chief Executive Officer from January 1, 2007, to January 31, 2014. He was appointed Chairman of the Board of ONEOK Partners GP, L.L.C. in 2007 and of ONEOK, Inc. in May 2011, and served as our President from 2010 through 2011. He also served as Chief Executive Officer of ONEOK Partners GP, L.L.C. from 2007 until January 31, 2014, and served as President from 2010 through 2011. From 2005 until May 2006, he was President of ONEOK Energy Companies, which included our natural gas gathering and processing, natural gas liquids, pipelines and storage and energy services business segments. Prior to that, he was our President, Energy, from May 2000 to 2005. Mr. Gibson joined ONEOK in May 2000 from Koch Energy, Inc., a subsidiary of Koch Industries, where he was an Executive Vice President. His career in the energy industry began in 1974 as a refinery engineer with Exxon USA. He spent 18 years with Phillips Petroleum Company in a variety of domestic and international positions in its natural gas, natural gas liquids and exploration and production businesses. He holds an engineering degree from Missouri University of Science and Technology, formerly known as the University of Missouri at Rolla. Mr. Gibson also serves as the non-executive Chairman of the Board of ONE Gas, Inc. and as a member of the Boards of Directors of BOK Financial Corporation and Matrix Service Company. He is also a member of the Board of Trustees of Missouri University of Science and Technology.

Terry Spencer

Mr. Terry K. Spencer is President, Chief Executive Officer and Director of the Company, and Oneok Partners GP, L.L.C., a subsidiary of the Company. Mr. Spencer became our Chief Executive Officer and the Chief Executive Officer of ONEOK Partners GP, L.L.C., the sole general partner of ONEOK Partners, L.P., and a member of our Board of Directors, effective January 31, 2014. Mr. Spencer is also our President and President of ONEOK Partners GP, L.L.C. He is also a member of the Board of Directors of ONEOK Partners GP, L.L.C. Mr. Spencer joined our company in 2001 as director, project development, of natural gas gathering and processing. Later, he served as Vice President of natural gas supply and project development in the natural gas gathering and processing segment. In 2005, Mr. Spencer became Senior Vice President of our natural gas liquids business following the asset acquisition from Koch. He became President of natural gas liquids in 2006. From 2007 to 2009, he was Executive Vice President of our company, with responsibilities for ONEOK Partners, L.P.’s natural gas liquids gathering and fractionation, and pipeline segments, as well as the Company’s energy services segment. He served as Chief Operating Officer of ONEOK Partners GP, L.L.C. and was responsible for the partnership’s three operating segments – natural gas gathering and processing, natural gas liquids and natural gas pipelines. Mr. Spencer is a member of the Gas Processors Association Board of Directors and its executive and finance committee. He earned a Bachelor of Science degree in petroleum engineering in 1981 from the University of Alabama in Tuscaloosa.

Walter Hulse

Mr. Walter S. Hulse, III, is Chief Financial Officer, Executive Vice President - Strategic Planning and Corporate Affairs of the Company. Mr. Hulse has served as Executive Vice President, Strategic Planning and Corporate Affairs of ONEOK and ONEOK Partners GP since his hiring in 2015. Beginning in 2010, until his hiring, Mr. Hulse served as the Managing Member of Spinnaker Strategic Advisory Services, LLC, which provided consulting services to mid-cap and large-cap publicly traded companies.

Kevin Burdick

Mr. Kevin L. Burdick serves as Chief Operating Officer, Executive Vice President of the Company. Mr. Burdick has served as Executive Vice President, Chief Commercial Officer of ONEOK and ONEOK Partners GP since March 2017 and, prior to that time, served as Senior Vice President of Natural Gas Gathering and Processing of ONEOK and ONEOK Partners GP beginning in February 2016, Vice President, Natural Gas Gathering and Processing of ONEOK and ONEOK Partners GP from January 2013 until February 2016 and Vice President, Chief Information Officer of ONEOK and ONEOK Partners GP from July 2009 until December 2012.

Robert Martinovich

Mr. Robert F. Martinovich is Executive Vice President, Chief Administrative Officer of the Company. He was Executive Vice President - Commercial of Oneok, Inc., and Oneok Partners GP, L.L.C., a subsidiary of the Company. He was Chief Operating Officer of Oneok Inc. since 2009. He is President - Gathering and Processing from 2007 to 2009. He is Group Vice President, EHS, Operations & Technical Services, DCP Midstream LLC from 2006 to 2007. He is Senior Vice President, Northern Division (Mid-Continent and Rockies), DCP Midstream LLC from 2002 to 2006.

Derek Reiners

Mr. Derek S. Reiners, CPA, is Senior Vice President - Finance, Treasurer of Oneok Inc., and Oneok Partners GP, L.L.C., a subsidiary of the Company. Mr. Reiners has served as Senior Vice President, Chief Financial Officer and Treasurer of ONEOK and ONEOK Partners GP since 2012 and, prior to that time, served as Senior Vice President and Chief Accounting Officer of ONEOK and ONEOK Partners GP since his hiring in 2009.

Stephen Lake

Mr. Stephen W. Lake was Senior Vice President, General Counsel, Assistant Secretary of Oneok Inc., and Oneok Partners GP, L.L.C., a subsidiary of the Company. Mr. Lake has been general counsel at McJunkin Red Man Corporation (MRC) since joining the company in January 2008, and has served as an executive vice president since October 2008. Before joining MRC, Lake was a shareholder at Tulsa-based law firm, GableGotwals, specializing in securities law and mergers and acquisitions. He became a GableGotwals shareholder in January 1998 and served on the firm’s board of directors from January 2005 until joining MRC. Lake joined GableGotwals as an associate in September 1991.

Michael Fitzgibbons

Mr. Michael A. Fitzgibbons serves as Senior Vice President - Natural Gas Gathering and Processing of the Company. He was Vice President - Commercial, Natural Gas Gathering and Processing of the Company. He is responsible for commercial activities in the natural gas gathering and processing segment. Fitzgibbons joined ONEOK Partners in 2007 as director, natural gas supply acquisition, Rocky Mountain region, natural gas gathering and processing. Fitzgibbons began his career with Phillips Petroleum Company and held various positions of increasing responsibility in natural gas gathering and processing. In 2000, he became managing director of the New Mexico region of Duke Energy Field Services, which later became DCP Midstream. Fitzgibbons earned a Bachelor of Science in chemical engineering from Northwestern University in Evanston, Illinois.

Sheppard Miers

Mr. Sheppard F. Miers, III, is Chief Accounting Officer, Vice President of Oneok Inc., and Oneok Partners GP, L.L.C., A subsidiary of the Company. He served as Vice President and Controller, ONEOK Partners from 2009 - 2012 and from 2005 to 2009, he served as Vice President of ONEOK.

James Mogg

Mr. James W. Mogg is Lead Independent Director of the Company. Mr. Mogg served as Chairman of the Board of DCP Midstream GP, LLC, the general partner of DCP Midstream Partners, L.P., from August 2005 to April 2007. In addition to presiding over board meetings and providing strategic oversight, he was involved in launching DCP Midstream Partners as a public company. From January 2004 to September 2006, Mr. Mogg served as Group Vice President, Chief Development Officer and advisor to the Chairman of Duke Energy Corporation, and, in that capacity, was responsible for the merger and acquisition, strategic planning and human resources activities of Duke Energy. Additionally, Duke Energy affiliates, Crescent Resources and TEPPCO Partners, LP, reported to Mr. Mogg, and he was the executive sponsor of Duke Energy’s Finance and Risk Management Committee of the Board of Directors. Mr. Mogg served as President and Chief Executive Officer of DCP Midstream, LLC from December 1994 to March 2000, and as Chairman, President and Chief Executive Officer from April 2000 through December 2003. Under Mr. Mogg’s leadership, DCP Midstream became the nation’s largest producer of natural gas liquids and one of the largest gatherers and processors of natural gas. DCP Midstream achieved this significant growth via acquisitions, construction and optimization of assets. DCP Midstream was the general partner of TEPPCO Partners, LP and, as a result, Mr. Mogg was Vice Chairman of TEPPCO Partners from April 2000 to May 2002 and Chairman from May 2002 to February 2005. Mr. Mogg serves on the Board of Directors of Bill Barrett Corporation, where he is currently the non-executive Chairman of the Board, and Matrix Service Company. He is also a member of the Board of Directors of ONEOK Partners GP, L.L.C., the sole general partner of ONEOK Partners, L.P.

Brian Derksen

Mr. Brian L. Derksen is an Independent Director of the Company. Mr. Derksen served as Global Deputy Chief Executive Officer of Deloitte Touche Tohmatsu Limited (“DTTL”) from 2011 until 2014, and as Deputy Chief Executive Officer of Deloitte LLP (“Deloitte U.S.”) from 2003 to 2011. Prior to that, he was the Managing Partner of, respectively, the financial advisory business and the Mid-America region of Deloitte U.S. In fulfilling his roles for DTTL and Deloitte U.S., Mr. Derksen acted in his capacity as a partner in Deloitte U.S. Mr. Derksen retired as a partner of Deloitte U.S. on May 31, 2014. Mr. Derksen is a Certified Public Accountant. During the period from November 2014 through May 2015, Mr. Derksen was engaged to serve as an independent consultant in the information technology sector. Mr. Derksen earned a Bachelor of Science degree from the University of Saskatchewan (Canada) and a Master of Business Administration degree from Duke University’s Fuqua School of Business.

Julie Edwards

Ms. Julie H. Edwards is an Independent Director of the Company. Ms. Edwards retired in 2007 from Southern Union Company where she served as Senior Vice President-Corporate Development from November 2006 to January 2007 and as Senior Vice President and Chief Financial Officer from July 2005 to November 2006. Prior to June 2005, she was an executive officer of Frontier Oil Corporation, having served as Chief Financial Officer from 1994 to 2005 and as Treasurer from 1991 to 1994. Prior to joining Frontier Oil Corporation in 1991, Ms. Edwards was an investment banker with Smith Barney, Harris, Upham & Co., Inc. in New York and Houston, after joining the company as an associate in 1985, when she graduated from the Wharton School of the University of Pennsylvania with an M.B.A. Prior to attending Wharton, she worked as an exploration geologist in the oil industry, having earned a B.S. in Geology and Geophysics from Yale University in 1980. Ms. Edwards previously served on our Board of Directors in 2004 and 2005. She is also a member of the Board of Directors of ONEOK Partners GP, L.L.C., the sole general partner of ONEOK Partners, L.P., and is a member of the Board of Directors of Noble Corporation, a U.K.-based offshore drilling contractor. She was a member of the Board of Directors of NATCO Group, Inc., an oil field services and equipment manufacturing company, from 2004 until its sale to Cameron International Corporation in November 2009.

Randall Larson

Mr. Randall J. Larson is an Independent Director of the Company. Mr. Larson previously served as Chief Executive Officer of the general partner of TransMontaigne Partners L.P. from September 2006 until his retirement in August 2009, as its Chief Financial Officer from January 2003 until September 2006, and as its Controller from May 2002 to January 2003. From July 1994 to May 2002, Mr. Larson was a partner with KPMG LLP in its Silicon Valley and National (New York City) offices. From July 1992 to July 1994, Mr. Larson served as a Professional Accounting Fellow in the Office of Chief Accountant of the United States Securities and Exchange Commission. Mr. Larson earned a Bachelor of Business Administration degree from the University of Wisconsin—Eau Claire and a Master of Business Administration degree from the University of Wisconsin—Madison. Mr. Larson also serves on the board of directors of Valero Energy Partners GP LLC where he serves as chair of the Audit Committee and as a member of the Conflicts Committee. Mr. Larson formerly served as a director of the general partner of MarkWest Energy Partners, L.P. prior to its merger with MPLX LP where he was chair of the Audit Committee and a member of the Compensation Committee. From August 2011 through February 2014, Mr. Larson served as a director of the general partner of Oiltanking Partners, L.P. where he was chair of the Audit Committee and a member of the Conflicts Committee.

Steven Malcolm

Mr. Steven J. Malcolm is an Independent Director of the Company. Mr. Malcolm served as President of The Williams Companies, Inc. (Williams) from September 2001 until January 2011, Chief Executive Officer of Williams from January 2002 to January 2011, and Chairman of the Board of Directors of Williams from May 2002 to January 2011. Mr. Malcolm served as Chairman of the Board and Chief Executive Officer of Williams Partners GP LLC, the general partner of Williams Partners L.P., from 2005 to January 2011. Mr. Malcolm began his career at Cities Service Company in refining, marketing, and transportation services in 1970. Mr. Malcolm joined Williams in 1984 and performed roles of increasing responsibility related to business development, gas management and supply, and gathering and processing. Mr. Malcolm was Senior Vice President and General Manager of Williams Field Services Company, a subsidiary of Williams, from 1994 to 1998. He was President and Chief Executive Officer of Williams Energy Services, LLC, a subsidiary of Williams, from 1998 to 2001. He was Executive Vice President of Williams from May 2001 to September 2001 and Chief Operating Officer of Williams from September 2001 to January 2002. Mr. Malcolm was also a director of Williams Partners GP LLC, and Williams Pipeline GP LLC, the general partner of Williams Pipeline Partners L.P.

Pattye Moore

Ms. Pattye L. Moore is an Independent Director of the Company. Ms. Moore currently serves as the non-executive Chairman of the Board of Red Robin Gourmet Burgers (NASDAQ: RRGB) and is a director of ONE Gas, Inc. In addition, Ms. Moore is a business strategy consultant, speaker and the author of “Confessions from the Corner Office,” a book on leadership instincts, published by Wiley & Sons in 2007. She also serves on the Board of Directors of QuikTrip Corporation. Ms. Moore served on the Board of Directors of Sonic Corp. from 2000 through January 2006 and was the President of Sonic from January 2002 to November 2004. She held numerous senior management positions during her 12 years at Sonic, including Executive Vice President, Senior Vice President-Marketing and Brand Development and Vice President-Marketing.

Gary Parker

Mr. Gary D. Parker is an Independent Director of the Company. Mr. Parker, a certified public accountant, is the senior shareholder of Moffitt, Parker & Company, Inc. and has been President of the firm since 1982. He is a director of Firstar Financial Corp. and Firstar Bank, N.A. in Muskogee, Oklahoma. In addition, he currently serves as a director/trustee of several state and local civic and not-for-profit organizations.

Eduardo Rodriguez

Mr. Eduardo A. Rodriguez is an Independent Director of the Company. Mr. Rodriguez is President of Strategic Communications Consulting Group and is a director of ONE Gas, Inc. Mr. Rodriguez previously served as Executive Vice President of Hunt Building Corporation, a privately held company engaged in construction and real estate development headquartered in El Paso, Texas. He also served as a member of the Board of Directors of Hunt Building Corporation. Prior to his three years with Hunt Building Corporation, Mr. Rodriguez spent 20 years in the electric utility industry at El Paso Electric Company, a publicly traded, investor-owned utility, where he served in various senior-level executive positions, including General Counsel, Senior Vice President for Customer and Corporate Services, Executive Vice President and as Chief Operating Officer. Mr. Rodriguez is a licensed attorney in the states of Texas and New Mexico and is admitted to the United States District Court for the Western District of Texas.

Basic Compensation