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OILT > SEC Filings for OILT > Form 8-K on 13-Nov-2012All Recent SEC Filings

Show all filings for OILTANKING PARTNERS, L.P.



Change in Directors or Principal Officers, Regulation FD Disclosure, Fi

Item 5.02. Departure of Directors of Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 6, 2012, the board of directors (the "Board") of OTLP GP, LLC (the "General Partner"), the general partner of Oiltanking Partners, L.P. (the "Partnership") announced that Anne-Marie Ainsworth will become President and Chief Executive Officer of the General Partner, effective as of November 26, 2012. Ms. Ainsworth will also be appointed as a member of the Board by Oiltanking Holding Americas, Inc. ("OTA"), the sole member of the General Partner as of November 26, 2012. Ms. Ainsworth will also serve as the Chief Executive Officer of OTA.
Ms. Ainsworth will replace Carlin G. Conner as Chief Executive Officer of the General Partner, who previously accepted the position of Managing Director of OTA's foreign parent, Oiltanking GmbH. As previously announced, Mr. Conner will continue as the Chairman of the Board.
There are no understandings or arrangements between Ms. Ainsworth and any other person pursuant to which Ms. Ainsworth was selected to serve as an officer or director of the General Partner, other than her employment relationships set forth above. There are no existing relationships between Ms. Ainsworth and the General Partner, the Partnership or any of the Partnership's subsidiaries that would require disclosure pursuant to Item 404(a) of Regulation S-K or any familial relationship that would require disclosure under Item 401(d) of Regulation S-K.

Ms. Ainsworth, age 56, previously held the position of Senior Vice President of Sunoco Refining from November 2009 until July 2011. Prior to joining Sunoco, Anne-Marie was employed by Motiva Enterprises, LLC, where she was the General Manager of the Motiva refinery in Norco, Louisiana. Ms. Ainsworth holds a Master's degree in Business Administration from Rice University and a Bachelor's degree in Chemical Engineering from the University of Toledo.

Oiltanking GmbH is the sole owner of OTA, which owns and controls the General Partner of the Partnership. Oiltanking GmbH is a subsidiary of Marquard & Bahls AG, Germany, a privately owned company.

Item 7.01. Regulation FD Disclosures.
On November 6, 2012, the Partnership published a press release announcing the events described above, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. In accordance with General Instruction B.2 of Form 8-K, the information set forth in this Item 7.01 is deemed to be furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release dated November 6, 2012.

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