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Quotes & Info
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| WES > SEC Filings for WES > Form 8-K on 3-Mar-2009 | All Recent SEC Filings |
3-Mar-2009
Change in Directors or Principal Officers
(b), (d) On February 25, 2009, Mr. Karl F. Kurz was replaced as a director of
Western Gas Holdings, LLC, the general partner of Western Gas Partners, LP (the
"Partnership") by Mr. Charles A. Meloy. Mr. Kurz is leaving Anadarko Petroleum
Corporation, the general partner's ultimate parent ("Anadarko"), to pursue other
interests. Mr. Meloy currently serves as Anadarko's Senior Vice President of
Worldwide Operations.
(e) On February 25, 2009, Anadarko's Board of Directors named Robert G. Gwin as
Anadarko's Senior Vice President, Finance and Chief Financial Officer, effective
March 1, 2009. No changes were made to Mr. Gwin's position at Western Gas
Holdings, LLC. In connection with his appointment, the following changes were
made to Mr. Gwin's compensation at Anadarko, a portion of which will be
allocable to the Partnership under the terms of the Omnibus Agreement between
the Partnership and Anadarko: (i) an increase in base salary from $475,000 to
$575,000; (ii) an increase in his 2009 bonus target opportunity under Anadarko's
annual incentive program from 90% of base salary to 95% of base salary; (iii) a
grant of a total of 29,900 shares of restricted stock units and options to
purchase 66,200 shares of Anadarko's common stock under Anadarko's 2008 Omnibus
Incentive Compensation Plan. The restricted stock units will vest equally over
three years beginning on the first anniversary of the grant. The options will
have a term of seven years and will vest equally over three years beginning on
the first anniversary of the grant.
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