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RGP > SEC Filings for RGP > Form 8-K on 15-May-2013All Recent SEC Filings

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Change in Directors or Principal Officers

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective May 15, 2013, the Board of Directors of Regency GP LLC ("Company"), the general partner of Regency GP LP, the general partner of Regency Energy Partners LP (the "Partnership"), approved the election of Rich S. Rehm as Executive Vice President of Operations of the Company. Mr. Rehm will receive an annual base salary of $275,000. In addition, Mr. Rehm will be eligible to receive a cash bonus for 2013 of up to 100% of his base salary on the same basis that incentive cash bonuses are paid to the Company's other senior executives. Mr. Rehm will also be eligible to participate in the Company's other benefit plans on terms consistent with those applicable to other executives of the Company generally.

Mr. Rehm is 54 years old. Prior to joining the Company he had been employed since 2012 by Energy Transfer Partners, LP (ETP) as Executive Vice President for Commercial Supply, Permian Basin Assets. Prior to that, he served as Vice President - Supply and Marketing for Southern Union Gas Services (SUGS), from 2010 to 2012. Prior to that, he had served since 1980 in various capacities for DCP Midstream and its legacy companies, most recently as Vice President for the Southern Region Business Unit. Mr. Rehm's business experience during this entire period has been with midstream gas gathering and processing businesses. ETP is an affiliate of the Partnership and the Partnership acquired SUGS on April 30, 2013.

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