UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): November 7, 2016
ENTERPRISE PRODUCTS PARTNERS L.P.
(Exact name of registrant as specified in its charter)
Delaware
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1-14323
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76-0568219
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(State or Other Jurisdiction of
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(Commission File Number)
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(I.R.S. Employer
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Incorporation or Organization)
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Identification No.)
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1100 Louisiana Street, 10th Floor
Houston, Texas 77002
(Address of Principal Executive Offices, including Zip Code)
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(713) 381-6500
(Registrant’s Telephone Number, including Area Code)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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On November 7, 2016, the sole member of the general partner (the “General Partner”) of Enterprise Products Partners L.P. (the “Partnership”) elected Harry P. Weitzel as an additional member of the General Partner’s Board of Directors (the “Board”).
Mr. Weitzel (age 52) has served as the General Partner’s Senior Vice President, General Counsel and Secretary since April 2016. He previously served as Senior Vice President, Deputy General Counsel and Secretary of the General Partner from January 2015 to April 2016. Mr. Weitzel is responsible for all legal functions of the Partnership, including securities, litigation, employment, mergers and acquisitions, and commercial transactions. Mr. Weitzel has extensive experience as a commercial litigator, having practiced over 24 years in Texas and California. He has successfully represented individual, corporate and governmental clients as plaintiffs and defendants in a wide variety of business-related matters. Mr. Weitzel has tried cases in state and federal courts, as well as arbitrations under the AAA, JAMS and the ICC. He has handled appeals in state and federal courts. Prior to joining the Partnership, Mr. Weitzel was a commercial litigation partner with Pepper Hamilton LLP in Irvine, California. He earned a Bachelor of Arts degree in Political Science from Texas Christian University and a JD from Harvard Law School.
On November 7, 2016, the Board established its Capital Projects Committee to review and approve certain expenditures by the General Partner, the Partnership and/or their respective consolidated subsidiaries in connection with proposed capital projects. Concurrently with the establishment of the Capital Projects Committee, the Board elected the following directors as the initial committee members: Richard H. Bachmann, Carin M. Barth, W. Randall Fowler, James T. Hackett, Richard S. Snell, A. James Teague, Harry P. Weitzel and Randa Duncan Williams. Mr. Teague and Mr. Fowler were elected co-chairmen of the Capital Projects Committee.
On November 8, 2016, the Partnership issued a press release announcing the election of Mr. Weitzel to the Board. A copy of the press release is attached as Exhibit 99.1 to this report and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release dated November 8, 2016.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
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ENTERPRISE PRODUCTS PARTNERS L.P.
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By:
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Enterprise Products Holdings LLC,
its General Partner
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Date: November 8, 2016
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By:
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/s/ R. Daniel Boss
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Name:
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R. Daniel Boss
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Title:
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Senior Vice President – Accounting and Risk Control
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By:
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/s/ Michael W. Hanson
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Name:
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Michael W. Hanson
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Title:
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Vice President and Principal Accounting Officer
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EXHIBIT INDEX
Exhibit No. Description
99.1 Press Release dated November 8, 2016.
3
Exhibit 99.1
WEITZEL ELECTED TO ENTERPRISE BOARD OF DIRECTORS
Houston, Texas (November 8, 2016) -- Enterprise Products Partners L.P. (NYSE:EPD) today announced that Harry P. (“Hap”) Weitzel has been elected to the board of directors of its general partner (“GP”), effective November 7, 2016. Mr. Weitzel has served as senior vice president, general counsel and secretary for the GP of Enterprise since April of 2016 and is responsible for all legal functions of the partnership. He previously served as senior vice president, deputy general counsel and secretary of the GP from January 2015 to April 2016. Prior to joining Enterprise, Mr. Weitzel was a commercial litigation partner at the law firm Pepper Hamilton.
With more than 24 years of legal experience, Mr. Weitzel has successfully represented individual, corporate and governmental clients as plaintiffs and defendants in a wide variety of business-related matters. He earned a Bachelor of Arts degree from Texas Christian University and a JD from Harvard Law School. The addition of Mr. Weitzel increases the number of directors on the board to 11, including 5 independent members.
Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Our services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and import and export terminals; crude oil gathering, transportation, storage and terminals; petrochemical and refined products transportation, storage and terminals; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 49,000 miles of pipelines; 250 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.
Contacts: Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745
Rick Rainey, Media Relations (713) 381-3635