ENBRIDGE ENERGY MANAGEMENT, L.L.C. (NYSE:EEQ) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 27, 2017, following closing of the Enbridge Inc. merger with Spectra Energy Corp, the following officer and director positions were realigned, effective February 27, 2017, to reflect changing roles.
Specifically, C. Gregory Harper no longer serves as a director of Enbridge Energy Management, L.L.C. (“EEM”) or Enbridge Energy Company, Inc. (“EECI”), which is the general partner of Enbridge Energy Partners, L.P. Laura Sayavedra and Stephen Neyland were each elected as a director of each of EEM and EECI.
In addition, Noor Kaissi no longer serves as Controller and principal accounting officer of each of EEM and EECI. Allen Capps was appointed Controller and principal accounting officer of each of EEM and EECI. Mr. Capps, 46, is also Controller of Spectra Energy Partners GP, LLC and was appointed Vice President and Controller of Spectra Energy Corp in January 2012. He previously served as Vice President, Business Development, Storage and Transmission, for Union Gas from April 2010. Prior to such time, Mr. Capps served as Vice President and Treasurer for Spectra Energy Corp from December 2007 until April 2010. Mr. Capps has a strong knowledge of the energy industry and years of experience in senior finance and treasury roles.
Mark Maki’s title of President & Principal Executive Officer changed to President. Mr. Maki continues to serve as EEM’s principal executive officer.
About ENBRIDGE ENERGY MANAGEMENT, L.L.C. (NYSE:EEQ)
Enbridge Energy Management, L.L.C. is a limited partner of Enbridge Energy Partners, L.P. (the Partnership). The Company owns i-units, a special class of the Partnership’s limited partner interests. The Company manages the business and affairs of the Partnership. The Partnership owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States. ENBRIDGE ENERGY MANAGEMENT, L.L.C. (NYSE:EEQ) Recent Trading Information
ENBRIDGE ENERGY MANAGEMENT, L.L.C. (NYSE:EEQ) closed its last trading session down -0.33 at 17.40 with 644,244 shares trading hands.