People: PetroLogistics LP (PDH)
PDH on New York Consolidated
13.67USD
24 May 2013
13.67USD
24 May 2013
Price Change (% chg)
$0.04 (+0.29%)
$0.04 (+0.29%)
Prev Close
$13.63
$13.63
Open
$13.66
$13.66
Day's High
$13.75
$13.75
Day's Low
$13.57
$13.57
Volume
105,276
105,276
Avg. Vol
246,004
246,004
52-wk High
$16.95
$16.95
52-wk Low
$10.00
$10.00
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
David Lumpkins |
58 | Executive Chairman of the Board of the General Partner | |
Nathan Ticatch |
47 | President, Chief Executive Officer, Director of the General Partner | |
Sharon Spurlin |
47 | 2009 | Chief Financial Officer, Senior Vice President of the General Partner |
Richard Rice |
53 | 2012 | Senior Vice President, General Counsel, Corporate Secretary |
Hank Jeans |
60 | Senior Vice President - Commercial of the General Partner | |
John Parkinson |
51 | 2010 | Vice President - Operations of the General Partner |
Randy Miller |
47 | 2007 | Vice President - Engineering of the General Partner |
Jaime Buehl-Reichard |
33 | 2012 | Director of the General Partner |
Alan Goldberg |
58 | 2011 | Director of the General Partner |
Lance Hirt |
45 | 2011 | Director of the General Partner |
Zalmie Jacobs |
47 | 2011 | Director of the General Partner |
Robert Lindsay |
57 | 2011 | Director of the General Partner |
Hallie Vanderhider |
2013 | Director of the General Partner | |
Andrew Weinberg |
38 | 2011 | Director of the General Partner |
Phillip Kramer |
56 | 2012 | Independent Director of the General Partner |
John Walker |
66 | 2012 | Independent Director of the General Partner |
Biographies
| Name | Description |
|---|---|
David Lumpkins |
Mr. David Lumpkins is an Executive Chairman of the Board of PetroLogistics GP LLC, General Partner of PetroLogistics LP. He is co-founder of the predecessor, is responsible for formulating and executing the business strategy as well as providing general executive oversight of the managerial and commercial activities. Mr. Lumpkins has had a key role since the initial conception in the development and execution of the plan to develop the facility now owned and operated by the Partnership. Mr. Lumpkins has been affiliated with Lindsay Goldberg since 2000, during which time he has worked on a number of investment opportunities in the petrochemical and energy mid-stream industries including Lindsay Goldberg’s prior investment in PL Midstream which he helped initiate and served as Chairman. Prior to his affiliation with Lindsay Goldberg, Mr. Lumpkins worked in the investment banking industry for 17 years principally for Morgan Stanley and Credit Suisse. In 1995, Mr. Lumpkins opened Morgan Stanley’s Houston office and served as head of the firm’s southwest region. He is a graduate of the University of Texas where he received his MBA. |
Nathan Ticatch |
Mr. Nathan Ticatch is President, Chief Executive Officer, Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP. He is co-founder of the predecessor, is responsible for formulating and executing the business strategy and for managing the operations and commercial activities of the Partnership. Mr. Ticatch is the originator of the PDH project idea and has had a key role in the development and execution of the plan to develop the facility now owned and operated by the Partnership. Mr. Ticatch has been affiliated with Lindsay Goldberg since 2000, during which time he has worked on a number of investment opportunities in the petrochemical and energy mid-stream industries including Lindsay Goldberg’s prior investment in PL Midstream which he helped initiate and served as Vice-Chairman. Prior to his affiliation with Lindsay Goldberg, Mr. Ticatch worked in the petrochemical and logistics industry for GATX Terminals and ICI Americas. He is a graduate of Virginia Polytechnic Institute and State University with an engineering degree and received an MBA from the College of William and Mary. |
Sharon Spurlin |
Ms. Sharon Spurlin is Chief Financial Officer, Senior Vice President of PetroLogistics GP LLC, General Partner of PetroLogistics LP since 2009. Ms. Spurlin also served in that capacity for PL Midstream, a prior investment of Lindsay Goldberg related to the energy and petrochemical logistics sector. Ms. Spurlin is responsible for overseeing accounting and financial reporting functions, business banking relations, treasury, procurement and information systems. From September 2002 to June 2009, Ms. Spurlin served as the Assistant Treasurer for Plains All American Pipeline, L.P., where she started up their Internal Audit group. Prior to joining Plains All American Pipeline, L.P., Ms. Spurlin held the roles of Controller and Director of Financial Analysis for American Ref-Fuel Company and was an audit manager for a public accounting firm. Sharon earned a BBA in Accounting from Texas A&M University at Kingsville and is a Certified Public Accountant in the state of Texas. |
Richard Rice |
Mr. Richard Rice is Senior Vice President, General Counsel, Corporate Secretary of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since November 2012. Prior to joining PetroLogistics, Mr. Rice was a partner at the law firm of Bracewell & Giuliani LLP, and was the head of its Oil, Gas and Midstream Practice Group. During his 28 year legal career with Bracewell & Giuliani, Mr. Rice worked on domestic and international energy transactions, with a particular focus on the midstream sector and transactions relating to the acquisition, sale, construction and operation of petrochemical facilities, pipeline systems, storage facilities and related assets. Mr. Rice earned a B.S from the University of Connecticut and a J.D. from Vanderbilt University. |
Hank Jeans |
Mr. Hank Jeans is Senior Vice President - Commercial of PetroLogistics GP LLC, General Partner of PetroLogistics LP. He served in that capacity for PL Midstream, a prior investment of Lindsay Goldberg related to the energy and petrochemical logistics sector. Mr. Jeans is responsible for managing the business development and commercial activities. Prior to his affiliation with Lindsay Goldberg, Mr. Jeans worked in the crude oil, natural gas liquids and petrochemical industry for 30 years, most recently at Williams Olefins (from 1999 to 2004), where he was Director of NGL Feedstocks and Olefins. His responsibilities in that capacity included the acquisition of feedstocks and the marketing of ethylene, propylene and other co-products. Prior to his employment with Williams Olefins, Mr. Jeans spent 16 years with Union Texas Petroleum Corporation where he held various management positions. Mr. Jeans received a BS in Marketing from Louisiana State University and completed the Executive MBA Program at Rice University’s Jesse H. Jones School of Management. |
John Parkinson |
Mr. John Parkinson is Vice President - Operations of PetroLogistics GP LLC, General Partner of PetroLogistics LP since 2010. In 2008 and 2009 Mr. Parkinson served as Operations Manager. Mr. Parkinson is the facility site manager and is responsible for managing all the operations of the facility. Mr. Parkinson has worked in the petrochemical industry for 29 years holding business and operating positions of increasing responsibility. Prior to joining the predecessor in June 2008, Mr. Parkinson worked for 12 years for Lyondell Chemical Company, where he held roles in the business and manufacturing groups with the assignments as the specialty polymers business manager and plant manager at the Clinton, Iowa facility. Prior to Lyondell, Mr. Parkinson worked for Chevron Chemical Company for eight and a half years and Allied Signal for four years in manufacturing roles. Mr. Parkinson serves on the East Harris County Manufacturing Association Board. Mr. Parkinson received his chemical engineering degree from North Carolina State University in 1984. |
Randy Miller |
Mr. Randy Miller is Vice President - Engineering of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since 2007. Mr. Miller has been instrumental in the design and development of the facility since the commencement of the front end engineering design work in 2007. Mr. Miller has worked in the petrochemical industry for over 20 years. Prior to joining the predecessor, he served as a Senior Process Consultant at Barnes and Click Inc. from 1999 to 2006 where his last assignment was to advise the Company with respect to the development of the PDH project concept. Prior to Barnes and Click he worked for Westlake Chemical Company from 1995 to 1999 and for Dow Chemical from 1988 to 1995. He received a BS in Chemical Engineering from Texas A&M University and a MBA from University of Houston at Clear Lake, and is a Registered Engineer in the State of Texas. |
Jaime Buehl-Reichard |
Ms. Jaime Buehl-Reichard is Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP, with effect from June 18, 2012. Ms. Buehl-Reichard is a member of the Board of Managers of PL Manufacturing, which is the sole member of the General Partner. For more information about the relationship between the Partnership, PL Manufacturing, the General Partner and Lindsay Goldberg LLC, see “Certain Relationships and Related Party Transactions” in the Partnership’s prospectus, dated May 3, 2012 and filed with the Securities and Exchange Commission under Rule 424(b) of the Securities Act of 1933 on May 7, 2012. |
Alan Goldberg |
Mr. Alan E. Goldberg is Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since June 2011. Mr. Goldberg co-founded Lindsay Goldberg in 2001. Previously, he served as Chairman and Chief Executive Officer of Morgan Stanley Private Equity from 1998 to 2001. Mr. Goldberg joined Morgan Stanley in 1978 and played an integral role in founding its Private Equity business in 1984 and building the firm's global private equity business. Mr. Goldberg holds a J.D. from Yeshiva University, an M.B.A. from the New York University Graduate School of Business, and a B.A. in philosophy and economics from New York University. Mr. Goldberg is a director of Brightstar Corp., FAPS Holdings, Inc., Maine Beverage Company, LLC, PL Olefins LLC, Continental Energy Systems LLC, Intermex Holdings, Inc., The Brock Group, Inc., Rosetta LLC, PL Propylene LLC, RECON Holdings III Inc., Ambulatory Services of America, Inc., Crane & Co., Inc., Scandza AS, PSC, LLC, Panadero Aggregates Holdings, LLC, Aviv REIT, Inc. and Pacific Architects and Engineers Incorporated. |
Lance Hirt |
Mr. Lance Lloyd Hirt is Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since June 2011. Mr. Hirt is a partner at Lindsay Goldberg. Prior to joining Lindsay Goldberg in 2003, Mr. Hirt was a Managing Director at Morgan Stanley where he spent nine years in the mergers and acquisitions department advising a broad range of general industrial clients. Mr. Hirt began his career practicing law at Sullivan & Cromwell in New York and was subsequently a management consultant at Touche Ross & Co. Mr. Hirt received his M.B.A. and J.D. from Harvard University and graduated from Yeshiva College with a B.A. in economics. He currently serves as a Director of Brightstar Corp., PL Olefins LLC, Brock Holdings, Inc., PL Propylene LLC, RECON Holdings III Inc., Scandza AS, PSC, LLC, Trygg Pharma Holding AS and Panadero Aggregates Holdings, LLC. He serves as a Trustee of Yeshiva University in New York City. |
Zalmie Jacobs |
Mr. Zalmie Jacobs is Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since June 2011. Mr. Jacobs joined York Capital in March 2008 and is Co-Head of Private Equity at York Capital and a partner of the firm. Prior to joining York Capital, for eleven years Mr. Jacobs co-led an investment group at Leucadia National Corporation. Previously, Mr. Jacobs worked as a Vice President at The Carlyle Group. Prior to that, he was a corporate attorney at Davis, Polk & Wardwell. Mr. Jacobs received a B.A. from Columbia College and a J.D. from Harvard Law School. |
Robert Lindsay |
Mr. Robert D. Lindsay is Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since June 2011. Mr. Lindsay co-founded Lindsay Goldberg in 2001. Previously, he was the managing general partner of Bessemer Holdings and, prior to joining Bessemer Holdings in 1991, he was a managing director at Morgan Stanley Private Equity, where he played an integral role in founding the business in 1984. Mr. Lindsay holds a B.A. in English and American literature and language from Harvard College and an M.B.A. from Stanford University. He is President and Chief Executive Officer of Bessemer Securities LLC as well as a director of The Bessemer Group, Incorporated and its subsidiary banks, including Bessemer Trust Company, N.A. Mr. Lindsay serves as a director of Brightstar Corp., Pike Electric Corporation, FAPS Holdings, Inc., Maine Beverage Company, LLC, PL Olefins LLC, Continental Energy Systems LLC, Intermex Holdings, Inc., The Brock Group, Inc., Bell Nursery Holdings, LLC, Rosetta LLC, PL Propylene LLC, Ambulatory Services of America, Inc., Crane & Co., Inc., Scandza AS, PSC, LLC, Panadero Aggregates Holdings, LLC, Aviv REIT, Inc. and Pacific Architects and Engineers Incorporated. He serves as a Trustee of the Cold Spring Harbor Biological Laboratory and St. Paul's School in Concord, New Hampshire. |
Hallie Vanderhider |
Ms. Hallie A. Vanderhider has been appointed as Director of PetroLogistics GP LLC, the general partner of PetroLogistics LP effective April 26, 2013. |
Andrew Weinberg |
Mr. Andrew S. Weinberg is Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since June 2011. Mr. Weinberg is a partner at Lindsay Goldberg, which he joined in 2003. Previously, he was an associate at Goldman, Sachs & Co. in the Principal Investment Area. Mr. Weinberg began his career at Morgan Stanley in the mergers and acquisitions department in New York and in the leveraged finance group in London. Mr. Weinberg holds an M.B.A. from Stanford University, and an A.B. in Economics and History from Dartmouth College. He serves as a Director of Brightstar Corp., PL Olefins LLC, The Brock Group, Inc., PL Propylene LLC, RECON Holdings III Inc., Scandza AS, PSC, LLC, and Trygg Pharma Holding AS. |
Phillip Kramer |
Mr. Phillip D. Kramer is an Independent Director PetroLogistics GP LLC, General Partner of PetroLogistics LP., since July 17, 2012. Mr. Kramer has served as Executive Vice President of Plains All American Pipeline, L.P. (PAA) since November 2008 and previously served as Executive Vice President and Chief Financial Officer from PAA’s formation in 1998 until November 2008. In addition, he was Executive Vice President and Chief Financial Officer of Plains Resources Inc. from May 1998 to May 2001, and previously served Plains Resources as Senior Vice President / Vice President and Chief Financial Officer from 1992 to 1997. Mr. Kramer is a past certified public accountant and was on the Board of Directors of Crusader Energy from 2008 through 2009. He is on the Board of Advisors of the University of Oklahoma Price College of Business. |
John Walker |
Mr. John B. Walker is an Independent Director of PetroLogistics GP LLC, General Partner of PetroLogistics LP., since May 2012. Upon his appointment, Mr. Walker became a member of the audit committee of the board. Mr. Walker serves on the compensation committee of the board. In his early career on Wall Street, Mr. Walker was selected by Institutional Investor as an “All American” energy analyst for six years in a row. He holds a BBA (with honors) from Texas Tech University and a MBA (with distinction) from New York University. Mr. Walker served the Independent Petroleum Association of America (IPAA) as Chairman from 2003-2005. He is a member of the National Petroleum Council and All-American Wildcatters. He serves or has served on the boards of the Houston Producers’ Forum, Foundation for Energy Education, Petroleum Club of Houston, and the Texas Independent Producers and Royalty Owners Association. He is a member of the Board of Regents of the Texas Tech University System. |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
David Lumpkins |
640,000 |
Nathan Ticatch |
633,000 |
Sharon Spurlin |
1,443,010 |
Richard Rice |
2,823,200 |
Hank Jeans |
1,903,670 |
John Parkinson |
-- |
Randy Miller |
435,000 |
Jaime Buehl-Reichard |
-- |
Alan Goldberg |
-- |
Lance Hirt |
-- |
Zalmie Jacobs |
-- |
Robert Lindsay |
-- |
Hallie Vanderhider |
-- |
Andrew Weinberg |
-- |
Phillip Kramer |
-- |
John Walker |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
David Lumpkins |
0 | 0 |
Nathan Ticatch |
0 | 0 |
Sharon Spurlin |
0 | 0 |
Richard Rice |
0 | 0 |
Hank Jeans |
0 | 0 |
John Parkinson |
0 | 0 |
Randy Miller |
0 | 0 |
Jaime Buehl-Reichard |
0 | 0 |
Alan Goldberg |
0 | 0 |
Lance Hirt |
0 | 0 |
Zalmie Jacobs |
0 | 0 |
Robert Lindsay |
0 | 0 |
Hallie Vanderhider |
0 | 0 |
Andrew Weinberg |
0 | 0 |
Phillip Kramer |
0 | 0 |
John Walker |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
VANDERHIDER HALLIE A |
7,819 | $12.79 |
WALKER JOHN B |
7,819 | $12.79 |
SPURLIN SHARON |
77,761 | $0.00 |
LUMPKINS DAVID |
968,000 | $0.00 |
LUMPKINS DAVID |
968,000 | $0.00 |
RICE RICHARD |
28 | $15.72 |
RICE RICHARD |
219,824 | $0.00 |
LUMPKINS DAVID |
768,000 | $0.00 |
LUMPKINS DAVID |
768,800 | $0.00 |
LUMPKINS DAVID |
4,000,000 | $0.00 |
LUMPKINS DAVID |
4,000,000 | $0.00 |
KRAMER PHILLIP D |
8,091 | $0.00 |
WALKER JOHN B |
8,091 | $0.00 |
TICATCH NATHAN |
6,485,760 | $0.00 |
SPURLIN SHARON |
70,748 | $0.00 |
YSOF PROPYLENE INVESTOR L L C |
16,282,081 | $0.00 |
LUMPKINS DAVID |
7,927,040 | $0.00 |
PL MANUFACTURING L L C |
97,493,750 | $0.00 |
JEANS HANK |
265,306 | $0.00 |
LG PROPYLENE L L C |
32,365,427 | $0.00 |
PARKINSON JOHN |
176,871 | $0.00 |
MILLER RANDY |
353,742 | $0.00 |
PL MANUFACTURING L L C |
5,250,000 | $0.00 |
PL MANUFACTURING L L C |
33,500,000 | $17.00 |
PROPYLENE HOLDINGS L L C |
97,375,000 | $0.00 |

