Summit Midstream Partners, LP (NYSE:SMLP) 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 December 10, 2018, Summit Midstream Partners, LP (“SMLP”) announced that Matthew Harrison, the Executive Vice President and Chief Financial Officer of Summit Midstream Partners, LLC (“Summit Investments”) and Summit Midstream GP, LLC (collectively with Summit Investments, the “Company”), will be departing the Company to pursue other interests. Summit Midstream GP, LLC, which is owned by Summit Investments, manages and operates SMLP. Mr. Harrison’s employment with the Company will terminate effective January 4, 2019.
SMLP also announced that the Company is promoting Marc D. Stratton to Executive Vice President and Chief Financial Officer and principal accounting officer, effective immediately. Mr. Stratton, 41, joined the Company as a founding member in 2009 and has held various senior management roles at the Company including, since 2015, Senior Vice President of Finance, Treasurer and Head of Investor Relations. Prior to joining the Company, Mr. Stratton served as a midstream infrastructure investment analyst at ING Investment Management and, prior to that, as Vice President of Project Finance at SunTrust Robinson Humphrey. Mr. Stratton has over 15 years of oil and gas industry experience in corporate finance and holds a Bachelor of Arts degree in Economics from Denison University.
A copy of the press release announcing the departure of Mr. Harrison and the appointment of Mr. Stratton is filed as Exhibit 99.1 hereto.
Item 9.01 Financial Statements and Exhibits.
Summit Midstream Partners, LP ExhibitEX-99.1 2 smlp-ex991_8.htm EX-99.1 smlp-ex991_8.htm EXHIBIT 99.1 Summit Midstream Partners,…To view the full exhibit click
About Summit Midstream Partners, LP (NYSE:SMLP)
Summit Midstream Partners, LP is a limited partnership focused on developing, owning and operating midstream energy infrastructure assets. The Company’s segments include the Marcellus Shale, which is served by Mountaineer Midstream; the Williston Basin, which is served by Bison Midstream; the Barnett Shale, which is served by DFW Midstream; the Piceance Basin, which is served by Grand River, and Corporate. It provides natural gas gathering, treating and processing services pursuant to long-term and natural gas gathering and processing agreements. The Company operates in approximately four resource basins, including the Appalachian Basin, the Williston Basin, the Fort Worth Basin and the Piceance Basin. Its midstream assets gathering systems include Mountaineer Midstream in northern West Virginia; Bison Midstream in northwestern North Dakota; Polar and Divide in northwestern North Dakota; DFW Midstream in north-central Texas, and Grand River in western Colorado and eastern Utah.