Corporate Governance
 

Board Committees

Audit and Conflicts Committee

The Audit and Conflicts Committee was established by the Board of Directors of our general partner and is comprised of three independent members of the Board. The Committee's primary purpose is to assist Board oversight of the integrity of the financial statements of the Partnership, the compliance by the Partnership with legal and regulatory requirements, the independence and qualifications of the Partnership's independent auditors, and the performance of the Partnership's internal audit function and of its independent auditors. The Audit and Conflicts Committee also reviews and approves certain related party transactions.

The members of the Audit and Conflicts Committee are:

  • Charles E. McMahen, Chairman
  • Thurmon M. Andress
  • Richard S. Snell

Governance Committee

The Governance Committee was established by the Board of Directors of our general partner and is comprised of two independent members of the Board and one member of the Board who is also an officer of one or more of our affiliates. The Committee's primary purpose is to develop and recommend to the Board a set of governance guidelines applicable to the Partnership, to review such guidelines from time to time and to oversee governance matters relating to the Company and the Partnership, including Board and Committee composition, qualifications of Board candidates, director independence, succession planning and other related matters. The Committee was also established to assist Board oversight of management's establishment and administration of the Partnership's environmental, transportation compliance, health and safety policies, procedures, programs and initiatives, and other related matters.

The members of the Governance Committee are:

  • E. William Barnett, Chairman
  • James T. Hackett
  • Randa Duncan Williams