RODMAN D. PATTON, 73, joined the company’s board of directors in December 1999. He is a member of the Audit Committee.
Patton has over 30 years of experience in oil and gas investment banking and corporate finance activity.
From 1993 until April 1999, Patton served as managing director in the Merrill Lynch Energy Group. Prior to joining Merrill Lynch, he was with The First Boston Corporation (later Credit Suisse First Boston) and Eastman Dillon, Union Securities (later Blyth Eastman Dillon).
From 2001 until his retirement in April 2015, Patton served as a director of NuStar GP, LLC (formerly Valero GP, LLC), San Antonio, Texas, most recently as lead independent director, chairman of its audit committee, and a member of its compensation committee. NuStar GP LLC is the general partner of NuStar Energy L.P. (formerly Valero L.P.), owner and operator of crude oil and refined products pipeline, terminalling and storage assets.
As a managing director at Merrill Lynch, First Boston (later Credit Suisse), and other investment banks, Patton gained extensive experience advising oil and gas companies on capital structure, strategy and direction. Patton also gained valuable experience in the assessment and management of risks faced by oil and gas companies. As a former investment banker and as chairman of NuStar GP’s audit committee, Patton brings to the board extensive financial reporting expertise.