Director Experience and Qualifications
Directors are appointed annually by DCP Midstream, LLC and hold office for one year or until the earlier
of their death, resignation, removal or disqualification and until their successors have been elected and
qualified. DCP Midstream, LLC evaluates and recommends candidates for membership on the board of
directors based on criteria established thereby. When evaluating director candidates, nominees and incumbent
directors, DCP Midstream, LLC has informed us that it considers, among other things, educational background,
knowledge of our business and industry, professional reputation, independence, and ability to represent the best
interests of our unitholders. DCP Midstream, LLC and the board of directors believe that the above-mentioned
attributes, along with the leadership skills and experience in the midstream natural gas industry, provide the
Partnership with a capable and knowledgeable board of directors.
Thomas C. O’Connor
— We believe Mr. O’Connor is a suitable member of the board of directors, as he
brings to the company over two decades of industry experience, and has significant management experience in
natural gas and pipeline transmission operations.
Mark A. Borer
— We believe Mr. Borer is a suitable member of the board of directors as he brings to the
company extensive industry experience. In addition, because Mr. Borer has held management positions with the
company or one of its subsidiaries since 1999 and because Mr. Borer has served as a director since 2006, he
brings to the board of directors, valuable historical perspective of board and company operations.
Paul F. Ferguson, Jr.
— We believe that Mr. Ferguson is a suitable member of the board of directors
because of his extensive industry experience. Mr. Ferguson has held various financial positions with PanEnergy
Corp., and the knowledge of industry accounting and financial practices he gained through such experience,
coupled with his accounting background and his CPA designation, make him valuable to the board of directors’
understanding of the Partnership’s financial data and its implications to the future strategic planning of the
Partnership. Mr. Ferguson also provides insight to the board of directors as to the Partnership’s financial
compliance and reporting obligations. Because Mr. Ferguson has served as a director since 2005, he brings to
the board of directors, valuable historical perspective of board and company operations.
Alan N
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Harris
— We believe that Mr. Harris is a suitable member of the board of directors because he has
over 30 years of leadership experience in the natural gas industry. In additional, Mr. Harris’ prior experience as
Chief Financial Officer of DEGT and his knowledge of industry accounting and financial practices are
invaluable to the board of directors’ understanding of the Partnership’s financial data and its implications to the
future strategic planning of the Partnership.
Donald G. Hrap
— We believe that Mr. Hrap is a suitable member of the board of directors because of his
extensive executive management experience within the energy industry, in particular, his experience with
ConocoPhillips and Gulf Canada, spanning over twenty years. In addition, Mr. Hrap’s experience in operations
with a global energy company is valuable to company operations and future strategic planning.
John E. Lowe
— We believe that Mr. Lowe is a suitable member of the board of directors because of his
extensive executive management and strategic planning experience in the industry. Mr. Lowe’s prior
management positions with ConocoPhillips in the corporate strategy area also provide the board with valuable
insight as the board of directors moves forward with its strategic planning initiatives.
Frank A. McPherson
— We believe that Mr. McPherson is a suitable member of the board of directors
because of his extensive industry and executive management experience, spanning over a period of 50 years. In
addition, Mr. McPherson’s prior public company board experience provides the board of directors with
valuable insight into corporate governance and compliance matters. Because Mr. McPherson has served as a
director since 2005, he also brings to the board of directors, valuable historical perspective of board and
company operations.
Thomas C. Morris
— We believe that Mr. Morris is a suitable member of the board of directors because of
the industry knowledge and experience gained during his 34 years of service with Phillips Petroleum Company.
In addition, Mr. Morris’ background in finance and accounting, coupled with his previous role as Chief
Financial Officer of Phillips Petroleum Company, are invaluable to the board of directors’ understanding of the
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