Michael D. Milligan—Mr. Milligan was appointed chairman of the board of
directors of our General Partner in July 2011. Mr. Milligan formerly served as
a member of the board of directors of our Predecessor and is the President &
Chief Executive Officer of Axel Johnson, a position he has held since 2003. Prior
to joining Axel Johnson, Mr. Milligan spent 17 years as a partner and member of
the board of directors of Monitor Group, a global consulting and merchant banking
group. While at Monitor, Mr. Milligan’s activities covered a broad range
of disciplines and industry sectors, including oil and gas, communications technology,
specialty chemicals and retail and consumer products. Mr. Milligan also serves
on the board of ConforMIS Inc., a medical technology company. Mr. Milligan holds
a Bachelor of Arts degree from Bowdoin College and a Masters in Business Administration
from Harvard University. We believe that Mr. Milligan’s more than 20 years
of experience in the energy industry, as well as his extensive management skills
he acquired through his involvement in the strategy, operations and governance
of Axel Johnson, brings substantial perspective and leadership to our board.
Ben J. Hennelly—Mr. Hennelly was appointed to the board of directors
of our General Partner in July 2011. Mr. Hennelly currently serves as President
and Chief Executive Officer of Decisyon Inc., an Axel Johnson portfolio company,
which develops and markets enterprise collaboration software in the U.S. and
Europe. Mr. Hennelly previously served as Chief Financial Officer for Axel Johnson
during the period of March 2007 through June 2012. Mr. Hennelly has held various
positions within the Axel Johnson Group since joining our Predecessor in April
2003, including Vice President, Business Development of our Predecessor and,
more recently, Vice President, Corporate Development at Axel Johnson. Before
joining the Axel Johnson Group, Mr. Hennelly was on the founding management
team of EPIK Communications, a provider of broadband telecom services, and previously
was a consultant with the Monitor Group, a global management strategy consulting
firm, where he advised clients across a range of industries, including the energy
industry. Mr. Hennelly holds a Bachelor of Arts degree from Cornell University
and a PhD from Brown University. We believe that Mr. Hennelly’s 19 years
of consulting and management experience in a variety of industries, together
with his deep understanding of our business from nearly three years of service
at our Predecessor, make Mr. Hennelly well-suited to serve on the board of directors
of our General Partner.
Sally A. Sarsfield—Ms. Sarsfield was appointed to the board of directors
of our General Partner in February 2015. She currently serves as Chief Financial
Officer of Axel Johnson, a position she has held since June 2012. Ms. Sarsfield
initially joined Axel Johnson as the VP Finance and Administration in July,
2010. Previously Ms. Sarsfield was the Chief Financial Officer of RA Capital
Management, LLC, an investment management firm operating a long/short equity
healthcare hedge fund. Prior to that, Ms. Sarsfield was a Partner and Co-Founder
of BlueStar Capital Management LP, a firm specializing in healthcare investing
via funds of hedge funds where she served as Chief Financial Officer, Partner
and investment analyst for seven years. Ms. Sarsfield spent the first seven
years of her career in a variety of roles with W.R. Grace & Co. including
Senior Financial Analyst, Project Manager, Business Development and Director
of Financial Planning and Analysis for one of its operating groups. Ms. Sarsfield
holds a Bachelor of Arts in Biology from the University of Virginia. She spent
a year in the University of Chicago Division of Biological Sciences Ph.D. program
in Molecular Genetics before going on to get a Master’s in Business Administration
from the University of Chicago. We believe the combination of Ms. Sarsfield’s
years of business and investment management experience, in addition to her expertise
in financial oversight, prepare her well to serve on the board of directors
of our General Partner.
C. Gregory Harper—Mr. Harper was appointed to the board of directors
of our General Partner in October 2013 in connection with our IPO. On January
30, 2014, Mr. Harper was appointed President, Gas Pipelines and Processing for
Enbridge Inc., a North American leader in delivering energy. On February 28,
2014, Mr. Harper was also appointed as the principal executive officer of Midcoast
Holdings, L.L.C. Before joining Enbridge, Mr. Harper served as Senior Vice President
of Midstream of Southwestern Energy Company, from August 2013 to January 2014.
Before joining Southwestern Energy, Mr. Harper served as Senior Vice President
and Group President of CenterPoint Energy Pipelines and Field Services from
December 2008 to June 2013. Before joining CenterPoint Energy in 2008, Mr. Harper
served as President, Chief Executive Officer and as a Director of Spectra Energy
Partners, LP from March 2007 to December 2008. From January 2007 to March 2007,
Mr. Harper was Group Vice President of Spectra Energy Corp., and he was Group
Vice President of Duke Energy from January 2004 to December 2006. Mr. Harper
served as Senior Vice President of Energy Marketing and Management for Duke
Energy North America from January 2003 until January 2004 and Vice President
of Business Development for Duke Energy Gas Transmission and Vice President
of East Tennessee Natural Gas, LLC from March 2002 until January 2003. Mr. Harper
currently serves on the board of directors of the Interstate Natural Gas Association
of America, Midcoast Holdings, L.L.C., Enbridge Energy Company, Inc. and Enbridge
Energy Management, L.L.C. Mr. Harper received his Bachelor’s degree in
Mechanical Engineering from the University of Kentucky and his Master’s
degree in Business Administration from the University of Houston. We believe
Mr. Harper’s extensive industry background, particularly his financial
reporting and oversight expertise, will bring important experience and skill
to the board of directors of our General Partner.
Robert B. Evans—Mr. Evans was appointed to the board of directors of
our General Partner in October 2013 in connection with our IPO. Mr. Evans also
serves as a director of Targa Resources Corp. since March 1, 2016, as a director
of Targa Resources GP LLC since February 2007, as a director of New Jersey Resources
Corporation since 2009, and as a director of ONE Gas, Inc. since 2014. Mr. Evans
was the President and Chief Executive Officer of Duke Energy Americas, a business
unit of Duke Energy Corp., from January 2004 to March 2006, after which he retired.
Mr. Evans served as the transition executive for Energy Services, a business
unit of Duke Energy, during 2003. Mr. Evans also served as President of Duke
Energy Gas Transmission beginning in 1998 and was named President and Chief
Executive Officer in 2002. Prior to his employment at Duke Energy, Mr. Evans
served as Vice President of marketing and regulatory affairs for Texas Eastern
Transmission and Algonquin Gas Transmission from 1996 to 1998. Mr. Evans received
his Bachelor’s degree in Accounting from the University of Houston. We
believe Mr. Evans’s extensive energy industry background, particularly
his experience in senior leadership roles and board positions of other energy
companies, will provide the board of directors of our General Partner with valuable
knowledge and skill.
Beth A. Bowman—Ms. Bowman was appointed to the board of directors of
our General Partner in October 2014. Ms. Bowman served at Shell Energy North
America for seventeen years where she was the Senior Vice President for Sales
and Origination North America, retiring in September 2015. Prior to joining
Shell, Ms. Bowman held management positions at Sempra Energy Trading and Sempra’s
San Diego Gas & Electric utility. In 2014, Ms. Bowman was named one of the
Top 50 Most Powerful Women in Oil and Gas in the U.S. by the National Diversity
Council. Ms. Bowman served on the boards of the California Power Exchange and
the California Foundation of Energy and Environment. Ms. Bowman received her
Bachelor’s degree in Science Civil Engineering from the University of
Illinois, a Master’s degree in Civil Engineering from San Diego State
University and a Master’s degree in Business Administration Finance from
University of San Diego. We believe that Ms. Bowman’s extensive energy
industry background, particularly her experience in senior leadership roles
and board positions of other energy companies, will provide the board of directors
of our General Partner with valuable knowledge and skill.
David C. Glendon—Mr. Glendon was appointed to the board of directors
of our General Partner and was named President and Chief Executive Officer of
our General Partner in July 2011, a position he held with our Predecessor since
January 15, 2008. Mr. Glendon was hired by our Predecessor on June 30, 2003
as the Senior Vice President of Oil and Materials Handling, focusing on driving
the execution of a customer-centric approach across all elements of the business.
Prior to joining our Predecessor, Mr. Glendon was a partner and global account
manager at Monitor Group. He was also a founder and managing director of Monitor
Equity Advisors, which worked with leading private capital providers in evaluating
transactions and enhancing the strategic positions of their portfolio investments.
Mr. Glendon received a Bachelor’s degree, cum laude, in Psychology from
Williams College and a Master’s degree in Business Administration from
the Stanford Graduate School of Business. As a result of his professional background,
we believe Mr. Glendon brings executive-level strategic and financial skills
along with significant operational experience that, when combined with his 15
years of consulting experience in a variety of industries and a deep knowledge
of our business, make Mr. Glendon well-suited to serve on the board of directors
of our General Partner.
Gary A. Rinaldi—Mr. Rinaldi was appointed to the board of directors of
our General Partner, and was named Senior Vice President, Chief Operating Officer
and Chief Financial Officer of our General Partner, in July 2011, a position
he held with our Predecessor since January 15, 2008. In such role, Mr. Rinaldi
has responsibility for all terminals, materials handling and trucking operations,
in addition to his duties as Chief Financial Officer. Mr. Rinaldi has been continuously
employed by our Predecessor since he was hired on April 27, 2003 as Senior Vice
President and Chief Financial Officer. Prior to joining our Predecessor, Mr.
Rinaldi was Managing Director and Chief Financial Officer for the SUN Group.
Prior to that, Mr. Rinaldi held several senior financial and operational management
positions at Phibro Energy, a division of Salomon Inc., including Vice President
and Chief Financial Officer and Director of Phibro Energy Production Inc. Mr.
Rinaldi received his Bachelor’s degree in Economics with a concentration
in Accounting from The Wharton School, The University of Pennsylvania and is
a former Certified Public Accountant. We believe that Mr. Rinaldi’s experience
with our Predecessor plus his 22 years of prior experience in a variety of senior
financial and operational management roles in the energy industry, when combined
with his past service on multiple boards of directors, allows him to bring substantial
experience and leadership skills to the board of directors of our General Partner.
John W. Moore—Mr. Moore was appointed Vice President, Chief Accounting
Officer of our General Partner in July 2011 and is responsible for our financial
reporting, a position he held with our Predecessor. Mr. Moore has been continuously
employed by our Predecessor since joining in June 1998 as the Chief Accounting
Officer and Controller. Prior to joining our Predecessor, Mr. Moore worked as
an auditor at Arthur Andersen LLP and in various senior accounting management
capacities at Phibro Energy and Valero Energy Corporation. Mr. Moore’s
accounting experience includes both his experience with our Predecessor plus
15 years of prior experience in the energy industry. Mr. Moore received a Bachelor’s
degree, magna cum laude, in Accounting from Texas Tech University and is a Certified
Public Accountant.
Thomas F. Flaherty—Mr. Flaherty was appointed Vice President, Refined
Products of our General Partner in February, 2014 with responsibility for all
activities in the business unit including Marketing, Supply, and Pricing. Previously,
Mr. Flaherty was appointed to the position of Vice President, Sales of our General
Partner in July 2011, a position he held with our Predecessor since November
28, 2006. In that role, Mr. Flaherty was responsible for all refined products
sales and marketing activities. Mr. Flaherty has served in various roles during
his continuous tenure with our Predecessor since he was hired as an Account
Executive in Coal Sales in July 1983, including Vice President, Commercial Sales
and subsequently Vice President, Industrial Marketing. Prior to joining our
Predecessor, Mr. Flaherty was employed by Eastern Associated Coal Corp, a Pittsburgh
based coal production company. Mr. Flaherty received his Bachelor’s degree
in Management from the University of Massachusetts and a Master’s degree
in Business Administration from the Whittemore School of Business, University
of New Hampshire.
Sprague Resources Lp currently has 600 employees.
