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United States

ONEOK Partners LP (OKS)

OKS on New York Consolidated

49.96USD
28 Jun 2017
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$0.00 (+0.00%)
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Summary

Name Age Since Current Position

John Gibson

64 2014 Chairman of the Board

Terry Spencer

57 2014 President, Chief Executive Officer, Director

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 2012 Senior Vice President, General Counsel, Assistant Secretary

Wesley Christensen

63 2011 Senior Vice President - Operations

Sheppard Miers

48 2013 Chief Accounting Officer, Vice President

Julie Edwards

58 2009 Independent Director

Michael Hutchinson

61 2015 Independent Director

Steven Malcolm

68 2012 Independent Director

James Mogg

68 2009 Independent Director

Gary Petersen

65 2006 Independent Director

Craig Strehl

59 2009 Independent Director

Biographies

Name Description

John Gibson

Mr. John William Gibson is Chairman of the Board of the Company. He is nonexecutive Chairman of the Board of ONEOK Partners GP and ONEOK. He served as our Chairman of the Board and Chief Executive Officer from 2007 until January 31, 2014, and also served as President from 2010 through 2011. From 2007 until January 31, 2014, he served as the Chief Executive Officer of ONEOK and was appointed Chairman of the ONEOK Board in May 2011. He also served as the President of ONEOK from 2010 through 2011. From 2005 until May 2006, he was President of ONEOK Energy Companies, which included ONEOK’s gathering and processing, natural gas liquids, pipelines, and storage and energy services business segments. Prior to that, he was ONEOK’s 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, including Vice President of Marketing of its natural gas subsidiary GPM Gas Corp. Mr. Gibson serves as the nonexecutive Chairman of the Board of ONE Gas, Inc. and as a member of the Board of Directors of BOK Financial Corporation and Matrix Service Company, and he is also a member of the Board of Trustees of Missouri University of Science and Technology. Mr. Gibson has served in a variety of roles of continually increasing responsibility at ONEOK Partners GP since 2004, ONEOK since 2000, and prior to 2000, at Koch Energy, Inc., Exxon USA, and Phillips Petroleum. In these roles, Mr. Gibson has had direct responsibility for and extensive experience in strategic and financial planning, acquisitions and divestitures, operations, management supervision and development, and compliance.

Terry Spencer

Mr. Terry K. Spencer is President, Chief Executive Officer, Director of the Company. He was appointed to the Board of Directors in January 2010. Mr. Spencer was appointed President and Chief Executive Officer of both ONEOK Partners GP and ONEOK, effective January 31, 2014, and was appointed President of ONEOK Partners GP and ONEOK, effective January 1, 2012. He served as our Chief Operating Officer from July 16, 2009, through December 31, 2011. From 2007, until his appointment as Chief Operating Officer, Mr. Spencer served as our Executive Vice President – Natural Gas Liquids. Mr. Spencer previously served as President – Natural Gas Liquids from April 2006 and served as Senior Vice President – Natural Gas Liquids from July 2005 to March 2006 following the asset acquisition from Koch Energy, Inc. From 2003 to 2005, he served as Vice President and General Manager of Gas Supply and Project Development for ONEOK. Prior to joining the Partnership and ONEOK, he held position of increasing responsibility in the natural gas gathering and processing industry with Continental Natural Gas, Inc., in Tulsa; Stellar Gas Company in Houston; and Texas Oil and Gas Corporation’s Delhi Gas Pipeline subsidiary in Dallas. Mr. Spencer is a member of the Gas Processors Association Board of Directors and its executive and finance committees. Mr. Spencer has extensive senior management experience in the oil and natural gas industry as a result of his service in a variety of roles of continually increasing responsibility at both the Partnership and ONEOK since 2003. In these roles, Mr. Spencer has had direct responsibility for, and extensive experience in, strategic and financial planning, acquisitions and divestitures, operations, management supervision and development, and compliance. Mr. Spencer has significant experience in assessing acquisition opportunities and in structuring, financing and completing merger and acquisition transactions.

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 is 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 appointed Executive Vice President and Chief Administrative Officer, effective February 20, 2015. Prior to that, he was Executive Vice President, Commercial, of ONEOK Partners GP and ONEOK since January 31, 2014. Mr. Martinovich served as Executive Vice President, Operations, of ONEOK Partners GP and ONEOK from January 1, 2013 to January 31, 2014, and as Executive Vice President, Chief Financial Officer and Treasurer of ONEOK Partners GP and ONEOK from January 1, 2012, through December 31, 2012. He served as our Senior Vice President, Chief Financial Officer and Treasurer from March 1, 2011, through December 31, 2011. He served as a member of the Board of Directors from March 1, 2011, through December 31, 2012. He served as ONEOK’s chief operating officer from July 2009 through February 2011, responsible for ONEOK’s Distribution and Energy Services operating segments. He joined ONEOK in 2007 as President of our Natural Gas Gathering and Processing segment. Prior to joining ONEOK, he held a variety of executive management positions for DCP Midstream, LLC after joining the company in 2000. Previously, he was Senior Vice President of GPM Gas Corporation, the natural gas gathering, processing and marketing division of Phillips Petroleum Company, holding a variety of marketing, financial and operational leadership roles. Mr. Martinovich joined Phillips in 1980 and held various engineering, sales and marketing positions in the research and development and the plastics divisions of Phillips, and also served on the company’s corporate planning and development staff.

Derek Reiners

Mr. Derek S. Reiners, CPA, is Senior Vice President - Finance, Treasurer 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 is Senior Vice President, General Counsel, Assistant Secretary of the Company. He was appointed Senior Vice President, General Counsel and Assistant Secretary of ONEOK Partners GP and ONEOK, effective January 1, 2012. Mr. Lake was Senior Vice President, Associate General Counsel and Assistant Secretary of ONEOK Partners GP and ONEOK from July 1, 2011, to December 31, 2011. Mr. Lake had served previously as Executive Vice President and General Counsel at McJunkin Red Man Corporation (MRC) since October 2008 and had served as Senior Vice President and General Counsel from January 2008 to October 2008. Before joining MRC, Mr. Lake was a shareholder at Tulsa-based law firm, Gable & Gotwals, a Professional Corporation. Mr. Lake became a Gable & Gotwals shareholder in January 1998 and served on the firm’s board of directors from January 2005 until joining MRC.

Wesley Christensen

Mr. Wesley J. Christensen serves as Senior Vice President - Operations of the Company. He was appointed Senior Vice President, Operations, of ONEOK Partners, effective September 21, 2011. Mr. Christensen previously served as Senior Vice President of Natural Gas Liquids operations of ONEOK Partners from 2007 to 2011. Prior to ONEOK’s acquisition of Koch Industries’ natural gas assets in 2005, he was Vice President, Operations, of Koch Pipeline Company, L.P. He also held various positions with Koch Hydrocarbon Company in Medford, Oklahoma, and in Sidney, Montana, where he began his career in 1980.

Sheppard Miers

Mr. Sheppard F. Miers ,III, is Chief Accounting Officer, Vice President of the Company. He was appointed our Vice President and Chief Accounting Officer, effective January 1, 2013. He served as our Vice President and Controller from July 2009 through December 31, 2012. Mr. Miers was Vice President of Audit, Business Process Improvement and Business Development of ONEOK from 2005 through July 2009. Mr. Miers is chairman of the Audit Committee of Northern Border Pipeline Company. Mr. Miers is a certified public accountant.

Julie Edwards

Ms. Julie H. Edwards is Independent Director of the Company. She was appointed to our Board of Directors in August 2009. Ms. Edwards also serves on the Board of Directors of ONEOK and is chair of the ONEOK Audit Committee and a member of the ONEOK Executive Committee. 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 Bachelor of Science in Geology and Geophysics from Yale University in 1980. Ms. Edwards is also 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.

Michael Hutchinson

Mr. Michael G. Hutchinson is Independent Director of the Company. Mr. Hutchinson was appointed to our Board of Directors on April 16, 2015. Mr. Hutchinson has served on the Board of Directors of Westmoreland Coal Company since 2012 and is chairman of its Audit Committee and a member of its Executive Committee. Mr. Hutchinson also has served on the Board of Directors of ONE Gas, Inc. since 2014 and is chairman of its Audit Committee, vice chair of its Corporate Governance Committee and a member of its Executive Compensation Committee. Mr. Hutchinson retired as a partner from Deloitte & Touche in 2012. His Deloitte career spanned nearly 35 years, leading the energy and natural resources practice in Colorado for more than 10 years, while at the same time managing more than 150 professionals in the Denver audit and enterprise risk-management practice. As a former partner of Deloitte & Touche, Mr. Hutchinson has extensive experience with complex financial and accounting and internal control issues, as well as significant accounting and governance experience related to his current and past responsibilities as chairman of the audit committee of other publicly traded companies. During his tenure on our Board of Directors and the Audit Committee, Mr. Hutchinson has also developed significant knowledge of the critical accounting, operational and financial issues facing our company and our industry. In light of Mr. Hutchinson’s extensive industry, finance and accounting experience and knowledge, ONEOK has concluded that Mr. Hutchinson should continue as a member of our Board of Directors.

Steven Malcolm

Mr. Steven J. Malcolm is Independent Director of the Company. He was appointed to our Board of Directors on January 1, 2012. Mr. Malcolm also serves on the Board of ONEOK and is chair of the ONEOK Executive Compensation Committee and a member of the ONEOK Executive Committee. Mr. Malcolm served as President of The Williams Companies, Inc. 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. Mr. Malcolm currently serves as a director of BOK Financial Corporation. Mr. Malcolm also serves on the boards of the YMCA of Greater Tulsa, the YMCA of the USA, the Oklahoma Center for Community and Justice, the University of Tulsa Board of Trustees and the Missouri University of Science and Technology Board of Trustees.

James Mogg

Mr. James W. (Jim) Mogg is Independent Director the Company. He was appointed to our Board of Directors in August 2009. Mr. Mogg also serves on the Board of Directors of ONEOK and is chair of the ONEOK Corporate Governance Committee and a member of the ONEOK Executive Committee. 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 (TEPPCO Partners) 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 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 nonexecutive Chairman of the Board, and serves on the Board of Directors of Matrix Service Company.

Gary Petersen

Mr. Gary N. Petersen is Independent Director of the Company. He was appointed to our Board of Directors in May 2006. From May 2011 to November 2014, Mr. Petersen served as President of Energy Technology Unlimited of Minnesota, LLC, a start-up antifreeze recycling company based in Faribault, Minnesota. Mr. Petersen retired in July 2010 as President of Endres Processing LLC, a recycler and processor of food waste into livestock feed ingredients, where he was responsible for strategic planning, merger/acquisitions, financial analysis, budgets and forecasts, and management development. He provided consulting services to Endres Processing until February 2012. Additionally, Mr. Petersen has been a consultant for the past 15 years to a number of small businesses and not-for-profit organizations. His consulting work with senior management includes facilitation of strategic thinking and planning processes, business acquisitions and sales, feasibility studies, financial reporting and analysis, organizational development and crisis management. From 1977 to 1998, Mr. Petersen was employed by Reliant Energy-Minnegasco and served as President and Chief Operating Officer of Reliant Energy-Minnegasco, from 1991 to 1998 where he directed Minnegasco’s operations. The first 10 years of his Minnegasco career included numerous management positions of increasing responsibility in state utility regulation, gas supply procurement, strategic planning, financial reporting and analysis, mergers and acquisitions and rate case preparation and expert testimony. Prior to his employment at Minnegasco, Mr. Petersen was a senior auditor with Arthur Andersen & Co. He currently serves as Chairman of the Board of Directors of Micro-Matics, Inc., Fridley, Minnesota, and has served in numerous board governance roles over the past 29 years for Dunwoody College of Technology and the YMCA of the greater Twin Cities.

Craig Strehl

Mr. Craig F. Strehl is Independent Director of the Company. He was appointed to our Board of Directors in August 2009. Mr. Strehl is a former independent director of LONESTAR Midstream Partners, LP. Prior to his affiliation with LONESTAR, Mr. Strehl was the President of Sid Richardson Carbon & Energy Company, a private natural gas midstream and chemical manufacturing company, where he managed significant growth through approximately $200 million in acquisitions and numerous internal capital projects. In 2006, he led the sale of the midstream business to Southern Union Company for $1.6 billion. He then served as President of Southern Union Company’s midstream assets until he retired in January 2007. Mr. Strehl began his energy career in 1980 with TXO, where he served in various engineering positions related to the construction, operation and acquisition of gas pipeline and gas processing facilities. He later served in various commercial capacities at TXO. He left TXO in 1987 to join Aquila Energy. As Vice President of Marketing and Business Development for Aquila, he completed the purchase of Clajon Gas Company in 1990, which was subsequently renamed Aquila Gas Pipeline Corporation in 1993. As Chief Executive Officer of Aquila Gas Pipeline, he led the company’s initial public offering in 1993. During his tenure as Chief Operating Officer of Aquila Gas Pipeline, Mr. Strehl managed all investor and rating agency relations and was responsible for all filings with the SEC.

Basic Compensation

Name Fiscal Year Total

John Gibson

175,000

Terry Spencer

3,266,620

Walter Hulse

1,399,620

Kevin Burdick

--

Robert Martinovich

1,529,860

Derek Reiners

1,050,410

Stephen Lake

1,477,080

Wesley Christensen

1,679,120

Sheppard Miers

--

Julie Edwards

150,000

Michael Hutchinson

157,850

Steven Malcolm

150,000

James Mogg

150,000

Gary Petersen

157,850

Craig Strehl

170,350
As Of  30 Dec 2016