Western Midstream Operating, LP Announces Executive Changes
December 15, 2020 at 04:25 pm EST
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On December 15, 2020, Nicole E. Clark was appointed to the Board of Directors of Western Midstream Holdings, LLC, the general partner of Western Midstream Partners, LP (“ WES ”), effective immediately. Western Midstream Operating GP, LLC, the general partner of Western Midstream Operating, LP is a wholly owned subsidiary of WES. Ms. Clark presently holds the position of Vice President, Deputy General Counsel and Corporate Secretary at Occidental Petroleum Corporation. Ms. Clark was not appointed to the Board pursuant to any arrangement or understanding, and there are no related person transactions regarding Ms. Clark that require disclosure under Item 404(a) of Regulation S-K, other than through her employment with Occidental, which indirectly owns General Partner. Ms. Clark will have rights to indemnification by WES and WES GP pursuant to the organizational documents of WES and WES GP, and an Indemnification Agreement, the form of which has been previously filed by WES. Ms. Clark is not otherwise party to any material plan, contract or arrangement with WES, WES GP, the Partnership or the General Partner. On December 15, 2020, Jennifer M. Kirk was succeeded on the Board by Ms. Clark. Ms. Kirk did not serve on any committees of the Board, and her departure was not a result of any disagreement with WES or the Partnership regarding any matter related to its operations, policies, or practices.
Western Midstream Partners, LP acquires, owns, develops and operates midstream assets. The Company is engaged in the business of gathering, compressing, treating, processing, and transporting natural gas, gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil, and gathering and disposing of produced water. The Companyâs midstream assets are located in Texas, New Mexico, Colorado, Utah and Wyoming. In addition, in its capacity as a processor of natural gas, the Company also buys and sells natural gas, NGLs, and condensate on behalf of itself and as an agent for its customers under certain contracts. The Companyâs subsidiaries include Western Midstream Operating GP, LLC, Western Midstream Services, LLC, Western Midstream Services Holdings, LLC and Western Midstream Operating, LP.