WILLIAM D. SULLIVAN - Corporate Board Profile

SM Energy Co

Filing Date	Source Excerpt
2013-04-11	Mr. Sullivan was paid a retainer for his service as non-executive Chairman of the Board of $75,000 for the 2012-2013 annual service period. The retainer was paid in the form of shares of our common stock on May 24, 2012, which resulted in a grant of 1,352 shares of our common stock. The retainer was in addition to his basic non-employee director compensation. Non-employee directors may participate in our matching charitable gift program, maintained for current and former employees to encourage financial support for charitable organizations that are exempt from federal income taxation. Our annual charitable gifts budget, which includes this matching program, is determined prior to the commencement of each year as a percentage of the average of the prior three years' total income, before taxes and charitable contributions, and all annually budgeted funds are expended for charitable purposes. Ms. Baumann, Dr. Bickle, Mr. Seidl, and Mr. Sullivan participated in this program during 2012, and we matched a total of $33,417 in non-employee director contributions for 2012 under this program. We may suspend, change, revoke or terminate the program at any time. Our directors are eligible to participate in our health, pharmacy, dental, and vision insurance programs. Directors are charged a premium that is equal to the COBRA rates associated with our plan. Participation in this plan is considered non-compensatory. The Compensation Committee has established equity ownership guidelines for the non-employee directors of three times their annual stock-based retainer. Equity holdings include the value of vested and unvested RSUs for purposes of these calculations. New directors are allowed time to meet this guideline and are not required to acquire shares in the open market for this purpose. The following table sets forth the annual and long-term compensation paid during 2012 to our non-employee directors. The stock based component of the compensation reflects the grant date fair value. Cash based compensation is recorded based on the monetary amount paid to the individual director. Annual compensation: $294,102.
2014-04-10	Mr. Sullivan is a retired oil and gas executive who was with Anadarko Petroleum Corporation, a large independent oil and natural gas exploration and production company, for over 20 years. Mr. Sullivan retired from Anadarko in August 2003. Since March 2006, Mr. Sullivan has been a director of Legacy Reserves GP, LLC, which is the general partner of Legacy Reserves LP (NASDAQ: LGCY), a limited partnership focused on the acquisition and development of producing oil and natural gas properties. Since February 2007, Mr. Sullivan has been a director of Targa Resources GP LLC, which is the general partner of Targa Resources Partners LP (NYSE: NGLS), a midstream natural gas limited partnership engaged in the business of gathering, compressing, treating, processing, and selling natural gas, and fractionating and selling natural gas liquids and NGL products. Since August 2007, Mr. Sullivan has been a director of Tetra Technologies, Inc. (NYSE: TTI), an oil and gas services company. Since June 2011, Mr. Sullivan has been a director and member of the audit committee of Compressco Partners GP, Inc., which is the general partner of Compressco Partners, L.P. (NASDAQ: GSJK), a publicly traded limited partnership providing wellhead compression-based production enhancement services. Compressco Partners GP, Inc. is a majority-owned subsidiary of Tetra Technologies, Inc. Mr. Sullivan was with Anadarko Petroleum Corporation from 1981 to August 2003. From August 2001 to August 2003, Mr. Sullivan was Executive Vice President, Exploration and Production at Anadarko. Mr. Sullivan also served Anadarko as Vice President, Operations-International, Gulf of Mexico, and Alaska in 2001, Vice President-International Operations from 1998 to 2000, Vice President-Algeria from 1995 to 1998, and Vice President-U.S. Onshore Operations from 1993 to 1995. Mr. Sullivan brings to the Board over 31 years of strong and broad experience in the oil and gas industry, with particular expertise in the exploration and production side of the industry. His experience as an exploration and production senior executive enables him to contribute significant independent insights on our business and operations, and the economic environment and long-term strategic issues that we face. In addition, his human resources management skills and experience are important in the oversight of our compensation management functions, and his service on other public company boards of directors provides a strong corporate governance background.
2015-04-09	Mr. Sullivan, an independent director serving on our Board since 2004, ... serves as our Chairman of the Board. ... Mr. Sullivan does not serve on any committee of our Board, other than the Executive Committee. ... The following table sets forth the annual and long-term compensation paid during 2014 to our non-employee directors. ... William D. Sullivan $0 Fees Earned or Paid in Cash, $355,115 Stock Awards, Total $360,115.
2016-04-13	Mr. Sullivan is a director since 2004 and serves as Chairman of the Board. He serves on the Executive Committee. He received $263,048 in stock awards in 2015 and no cash fees.
2017-04-13	Mr. Sullivan is a retired oil and gas executive who was with Anadarko Petroleum Corporation for over 20 years. ... Mr. Sullivan has been a director since 2004 and Non-executive Chairman of the Board since May 2015. ... 2016 Director Compensation: William D. Sullivan Fees Earned or Paid in Cash $0, Stock Awards $355,063, All Other Compensation $5,000, Total $360,063.
2018-04-12	Mr. Sullivan is a director and Non-executive Chairman of the Board. He serves on the Executive Committee. 2017 Director Compensation table shows $390,020 total compensation.
2019-04-15	William D. Sullivan Director since 2004 Chairman of the Board of Directors Member, Executive Committee Age: 62 Mr. Sullivan is a retired oil and gas executive who was with Anadarko Petroleum Corporation, a large independent oil and natural gas exploration and production company, for over 20 years. ... Mr. Sullivan brings to the Board over 39 years of strong and broad experience in the oil and gas industry, with particular expertise in the exploration and production sector of the industry. ... These skills and experiences provide a strong foundation for Mr. Sullivan's role as Chairman of the Board.
2020-04-17	William D. Sullivan, Director since 2004, Chairman of the Board of Directors, Member, Executive Committee, Age: 63. 2019 Director Compensation: Fees Earned or Paid in Cash $0, Stock Awards $296,023, All Other Compensation $5,000, Total $301,023.
2021-04-16	William D. Sullivan is a retired oil and gas executive. ... Director since 2004. Chairman of the Board of Directors. Member, Executive Committee. Age: 64. ... 2020 Non-Employee Director Compensation: William D. Sullivan Fees Earned or Paid in Cash: $110,000, Stock Awards: $180,005, All Other Compensation: $5,000, Total: $295,005.
2022-04-14	William D. Sullivan Director since 2004 Chairman of the Board of Directors Member, Executive Committee Number of other public company boards: One Age: 65 2021 Non-Employee Director Compensation William D. Sullivan $90,000 $260,033 — — $5,000 $355,033
2023-04-13	William D. Sullivan Director since 2004 Chairman of the Board of Directors Member, Executive Committee (Chair) Number of other public company boards: None Age: 66 2022 Non-Employee Director Compensation Fees Earned or Paid in Cash: $90,000 Stock Awards: $295,038 All Other Compensation: $5,000 Total: $390,038
2024-04-04	William D. Sullivan Director since 2004 Member, Compensation and Environmental, Social and Governance Committee Age: 67 2023 Non-Employee Director Compensation William D. Sullivan $270,026 Stock Awards, $5,000 All Other Compensation, Total $275,026
2025-04-07	William D. Sullivan Director since 2004 Member, Compensation and G&S Committee Age: 68 2024 Non-Employee Director Compensation: $285,031

TETRA TECHNOLOGIES INC

Filing Date	Source Excerpt
2013-03-22	William D. Sullivan has served as a member of our Board of Directors since August 2007. Mr. Sullivan currently serves on our Management and Compensation Committee and our Nominating and Corporate Governance Committee. ... Director Compensation Table shows $62,500 fees earned or paid in cash and $100,005 stock awards for William D. Sullivan, totaling $162,505.
2014-03-24	William D. Sullivan has served as a member of our Board of Directors since August 2007. Mr. Sullivan currently serves on our Management and Compensation Committee and our Nominating and Corporate Governance Committee. Mr. Sullivan currently serves as a director of our Compressco Partners GP Inc. subsidiary, the general partner of Compressco Partners, L.P., also one of our consolidated subsidiaries and a publicly traded limited partnership subject to the reporting requirements of the Exchange Act. Mr. Sullivan is the non-executive chairman of the board of directors of SM Energy Company, a publicly traded exploration and production company that is subject to the reporting requirements of the Exchange Act. Mr. Sullivan is also a director and serves on the audit, nominating and corporate governance and conflicts, and compensation committees of Legacy Reserves GP, LLC, the general partner of Legacy Reserves, LP, a publicly traded limited partnership holding oil and gas producing assets, primarily in the Permian Basin and Rocky Mountain areas. Mr. Sullivan is a director and serves on the conflicts and audit committees of Targa Resources Partners GP, LLC, the general partner of Targa Resources Partners LP, a publicly traded limited partnership focused on mid-stream gas gathering, processing, liquids fractionation, and transportation. From 1981 through August 2003, Mr. Sullivan was employed in various capacities by Anadarko Petroleum Corporation, most recently as executive vice president, exploration and production. Mr. Sullivan has been retired since August 2005. Mr. Sullivan received his B.S. degree in Mechanical Engineering from Texas A&M University.
2015-03-24	William D. Sullivan has served as a member of our Board of Directors since August 2007. Mr. Sullivan currently serves as Chairman of our Nominating and Corporate Governance Committee and as a member of our Compensation Committee.
2016-03-18	Mr. Sullivan has served as a member of our Board of Directors since August 2007 and as Chairman since May 2015. ... As Chairman of the Board, Mr. Sullivan is an ex officio member of the Audit, Compensation, and Nominating and Corporate Governance Committees ... Director Compensation Table: William D. Sullivan - $226,792.
2017-03-23	Mr. Sullivan has served as a member of our Board of Directors since August 2007 and as Chairman since May 2015. ... As Chairman of the Board, Mr. Sullivan is an ex officio member of the Audit, Compensation, and Nominating and Corporate Governance Committees ... The following table discloses the cash, equity awards, and other compensation earned, paid, or awarded, as the case may be, to each of our Non-employee Directors during the fiscal year ended December 31, 2016. ... William D. Sullivan Fees Earned or Paid in Cash $113,080, Stock Awards $99,167, Total $212,247.
2018-03-22	William D. Sullivan • Age 61 • Independent Director since 2007 • Chairman of the Board Board Committees • As Chairman of the Board, Mr. Sullivan is an Ex-Officio member of all board committees ... Director Compensation Table Name Fees Earned or Paid in Cash Stock Awards Option Awards All Other Compensation Total William D. Sullivan $125,730.00 $163,782.72 — — $237,267.75
2019-03-21	Mr. Sullivan has significant management experience in mid-stream oil and gas operations and in the exploration and production of oil and gas on an international level. Mr. Sullivan also has substantial experience in corporate governance and executive compensation matters and in serving on the boards of publicly held corporations and publicly traded limited partnerships operating in the oil and gas industry. As Chairman of our Board of Directors, Mr. Sullivan serves as a critical mentor and advisor to our Chief Executive Officer and is pivotal in creating the conditions for overall board and individual director effectiveness, both inside and outside the boardroom. Mr. Sullivan has served as a member of our Board of Directors since August 2007 and as Chairman since May 2015. Director Compensation Table shows total compensation of $233,457 for 2018.
2020-03-23	William D. Sullivan • Age 63 • Independent Director since 2007 • Chairman of the Board Board Committees • As Chairman of the Board, Mr. Sullivan is an Ex-Officio member of all board committees ... Director Compensation Table Name Fees Earned or Paid in Cash Stock Awards All Other Compensation Total ($) ($) ($) ($) William D. Sullivan 232,000 — — 232,000
2021-04-13	William D. Sullivan • Age 64 • Independent Director since 2007 • Chairman of the Board Board Committees • As Chairman of the Board, Mr. Sullivan is an Ex-Officio member of all board committees ... Director Compensation Table ... William D. Sullivan $192,200 ... Fees for each non-employee director include an annual cash award of $80,000 granted on May 7, 2020.