•  
  •  
  •  
  •  
  •  
  • Untitled Document
    Untitled Document

    ONEOK, ONEOK Partners make management, board changes

    ONEOK Inc. and ONEOK Partners have made changes to management and the board of directors. Terry K. Spencer, currently COO of ONEOK Partners, will be promoted to president of ONEOK and ONEOK Partners.  Spencer will remain a member of the ONEOK Partners board of directors.

    Pierce H. Norton II, currently COO of ONEOK, will be promoted to executive vice president and COO of ONEOK and ONEOK Partners. Robert F. Martinovich  will be promoted to executive vice president, CFO and treasurer of ONEOK and ONEOK Partners. He previously was senior vice president, CFO and treasurer of both entities. Martinovich will continue as a member of the ONEOK Partners board of directors.

    All three promotions are effective on Jan. 1, 2012.

    Spencer also will assume responsibility for the organization's support functions, including corporate planning and development, human resources, information technology, corporate services, and investor relations and public affairs.

    Steven J. Malcolm has been selected to represent the board of directors of both ONEOK Inc. and ONEOK Partners, effective Jan. 1, 2012. With his election, the ONEOK board of directors now has 12 members, 11 of whom are independent. The ONEOK Partners board now has 11 members, eight of whom are independent.  Malcolm, retired as chairman, president and CEO of Tulsa-based Williams on Jan. 3, 2011.  He was named chairman of Williams in May 2002, CEO in January 2002 and president and COO of Williams in September 2001.

     

    Most Popular

    Related Articles

    ONEOK prices $500 million notes offering

    08/19/2015 ONEOK Inc. has priced an offering to sell $500 million of 7.50% senior notes due 2023. The notes will be issued under ONEOK's existing shelf registration statement previously filed with the US...

    ONEOK agrees to purchase 21.5M common units from ONEOK Partners

    08/13/2015 ONEOK Inc. has agreed to purchase 21.5 million common units representing limited partner interests, for a total purchase price of $650 million, in a private placement from ONEOK Partners LP, of whi...

    ONEOK Partners to further expand Permian Basin capacity to serve NG markets in Mexico

    07/31/2015 ONEOK Partners LP plans to invest $70 million to $100 million to expand its ONEOK WesTex Transmission intrastate natural gas pipeline system by increasing its throughput capacity by 260 million cub...

    ONEOK Partners raises $277M through ATM equity program

    07/02/2015

    ONEOK Partners LP has sold approximately 7.2 million common units totaling $277 million through its at-the-market (ATM) equity program in the first half of 2015.

    Hutchinson joins ONEOK Partners board of directors

    04/17/2015

    Michael G. Hutchinson has joined the board of directors of ONEOK Partners LP, effective April 16.

    ONEOK Partners and Fermaca to construct export NG pipeline from West Texas to Mexico

    04/02/2015 ONEOK Partners LP has entered into a 50-50 joint venture with a subsidiary of Fermaca Infrastructure BV, a Mexico City-based natural gas infrastructure company, to construct a pipeline that would t...

    More Oil & Gas Financial Articles

    ONEOK prices $500 million notes offering

    Wed, Aug 19, 2015

    ONEOK Inc. has priced an offering to sell $500 million of 7.50% senior notes due 2023. The notes will be issued under ONEOK's existing shelf registration statement previously filed with the US Securities and Exchange Commission.

    ONEOK agrees to purchase 21.5M common units from ONEOK Partners

    Thu, Aug 13, 2015

    ONEOK Inc. has agreed to purchase 21.5 million common units representing limited partner interests, for a total purchase price of $650 million, in a private placement from ONEOK Partners LP, of which it is the parent company of ONEOK Partners GP LLC, the sole general partner of ONEOK Partners.    

    ONEOK Partners to further expand Permian Basin capacity to serve NG markets in Mexico

    Fri, Jul 31, 2015

    ONEOK Partners LP plans to invest $70 million to $100 million to expand its ONEOK WesTex Transmission intrastate natural gas pipeline system by increasing its throughput capacity by 260 million cubic feet per day (MMcf/d) of natural gas by the first quarter of 2017.

    ONEOK Partners raises $277M through ATM equity program

    Thu, Jul 2, 2015

    ONEOK Partners LP has sold approximately 7.2 million common units totaling $277 million through its at-the-market (ATM) equity program in the first half of 2015.

    Hutchinson joins ONEOK Partners board of directors

    Fri, Apr 17, 2015

    Michael G. Hutchinson has joined the board of directors of ONEOK Partners LP, effective April 16.

    OGFJ photo of the day


    Click to view slideshow

    Oil & Gas Jobs

    Search More Job Listings >>
    Subscribe to OGFJ