SEMGROUP CORPORATION (NYSE:SEMG) 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.
SEMGROUP CORPORATION (NYSE:SEMG) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) As previously reported, Ms. Candice L. Cheeseman, age 61, advised SemGroup Corporation (the “Company”) that she intended to retire as Vice President and General Counsel of the Company. Ms. Cheeseman retired as an officer of the Company effective June 19, 2017. Following Ms. Cheeseman’s retirement as an officer of the Company, she will continue her employment as an at-will employee of SemManagement, L.L.C. (“SemManagement”), a subsidiary of the Company, in order to facilitate a smooth transition of leadership responsibilities until such time as either SemManagement elects to terminate Ms. Cheeseman’s employment or Ms. Cheeseman resigns (the “End Date”).
(e) Following the End Date and subject to certain conditions, Ms. Cheeseman’s 15,732 shares of Company restricted stock will vest in full together with associated unvested dividends and she will be eligible to participate in the Company’s short-term incentive program on a pro-rated basis with respect to any award that may be granted to such program for the year ending December 31, 2017.
Item 7.01 Regulation FD Disclosure.
The Board of Directors of the Company appointed Susan Lindberg, age 52, as Vice President and General Counsel of the Company effective June 19, 2017.
About SEMGROUP CORPORATION (NYSE:SEMG)
SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services. The Company’s segments include Crude Transportation, which operates crude oil pipelines and truck transportation businesses in the United States; Crude Facilities, which operates crude oil storage and terminal businesses in the United States; Crude Supply and Logistics, which operates a crude oil marketing business; SemLogistics, which owns an independent petroleum products storage facility in the United Kingdom; SemCAMS, which owns and operates over four natural gas processing and gathering facilities in Alberta, Canada; SemMexico, which provides a range of liquid asphalt cement products and product application services to the Mexican market; SemGas, which provides natural gas gathering and processing services, and SemStream, which owns interest in NGL Energy Partners LP and NGL Energy Holdings LLC.
SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services. The Company’s segments include Crude Transportation, which operates crude oil pipelines and truck transportation businesses in the United States; Crude Facilities, which operates crude oil storage and terminal businesses in the United States; Crude Supply and Logistics, which operates a crude oil marketing business; SemLogistics, which owns an independent petroleum products storage facility in the United Kingdom; SemCAMS, which owns and operates over four natural gas processing and gathering facilities in Alberta, Canada; SemMexico, which provides a range of liquid asphalt cement products and product application services to the Mexican market; SemGas, which provides natural gas gathering and processing services, and SemStream, which owns interest in NGL Energy Partners LP and NGL Energy Holdings LLC.
