targaintadvance

Board of Directors

INTRODUCTION

Below are the members of the board of directors of Targa Resources Corp. ("TRC"), the parent of Targa Resources GP LLC (the "General Partner of TRP"), which is the general partner of Targa Resources Partners LP ("TRP"). The General Partner of TRP manages the business and affairs of TRP.
  Audit Committee Compensation Committee Nominating and Governance Committee Risk Management Committee
   Rene R. Joyce       Member of Risk Management Committee (TRGP)

Rene R. Joyce has served as a director of TRC since its formation on October 27, 2005 and of the General Partner of TRP since October 2006. Mr. Joyce previously served as Executive Chairman of the Board of TRC, the General Partner of TRP and TRI between January 1, 2012 and December 31, 2014.  He also served as Chief Executive Officer of TRC between October 27, 2005 and December 31, 2011, the General Partner of TRP between October 2006 and December 31, 2011 and TRI between February 2004 and December 31, 2011. He also served as director of TRI between 2004 and December 31, 2011 and was a consultant for the TRI predecessor company during 2003. He also served as a member of the supervisory directors of Core Laboratories N.V. until May 2013.  Mr. Joyce served as a consultant in the energy industry from 2000 through 2003 providing advice to various energy companies and investors regarding their operations, acquisitions and dispositions. Mr. Joyce served as President of onshore pipeline operations of Coral Energy, LLC, a subsidiary of Shell Oil Company ("Shell") from 1998 through 1999 and President of energy services of Coral Energy Holding, L.P. ("Coral"), a subsidiary of Shell which was the gas and power marketing joint venture between Shell and Tejas Gas Corporation ("Tejas"), during 1999. Mr. Joyce served as President of various operating subsidiaries of Tejas, a natural gas pipeline company, from 1990 until 1998 when Tejas was acquired by Shell.

   Michael A. Heim        

Michael A. Heim has served as Vice Chairman of the board of directors of Targa Resources GP LLC, the general partner of TRP and as a full-time member of the executive team acting in an advisory role on commercial and operational matters, leading special projects, and utilizing his vast network of industry relationships and experience to support Targa since November 13, 2015. Mr. Heim served as President and Chief Operating Officer of TRC, the General Partner of TRP and TRI since January 1, 2012. Mr. Heim previously served as Executive Vice President and Chief Operating Officer of TRC between the date of its formation on October 27, 2005 and December 2011, of the General Partner of TRP between October 2006 and December 2011 and of TRI between April 2004 and December 2011 and was a consultant for the TRI predecessor company during 2003. Mr. Heim also served as a consultant in the energy industry from 2001 through 2003 providing advice to various energy companies and investors regarding their operations, acquisitions and dispositions. Mr. Heim served as Chief Operating Officer and Executive Vice President of Coastal Field Services, a subsidiary of The Coastal Corp. ("Coastal") a diversified energy company, from 1997 to 2001 and President of Coastal States Gas Transmission Company from 1997 to 2001. In these positions, he was responsible for Coastal's midstream gathering, processing, and marketing businesses. Prior to 1997, he served as an officer of several other Coastal exploration and production, marketing and midstream subsidiaries.

   James W. Whalen       Member of Risk Management Committee (TRGP)

James W. Whalen has served as Executive Chairman of the Board of TRC, the general partner of TRP, and TRI Resources Inc. (“TRI”) since January 1, 2015 and as a director of TRC since its formation on October 27, 2005, of the General Partner of TRP since February 2007 and of TRI between 2004 and December 2010. Mr. Whalen previously served as Advisor to Chairman and CEO of TRC since January 1, 2012 and served as Executive Chairman of the Board of TRC and TRI between October 25, 2010 and December 31, 2011 and of the General Partner of TRP between December 15, 2010 and December 31, 2011. He also served as President-Finance and Administration of TRC and TRI between January 2006 and October 2010 and the General Partner of TRP between October 2006 and December 2010 and for various Targa subsidiaries since November 2005. Between October 2002 and October 2005, Mr. Whalen served as the Senior Vice President and Chief Financial Officer of Parker Drilling Company. Between January 2000 and October 2002, he was the Chief Financial Officer of Diversified Diagnostic Products, Inc. He served as Chief Commercial Officer of Coral from February 1998 through January 2000. Previously, he served as Chief Financial Officer for Tejas from 1992 to 1998.

   Joe Bob Perkins        

Joe Bob Perkins has served as Chief Executive Officer and director of TRC, the General Partner of TRP and TRI since January 1, 2012. Mr. Perkins previously served as President of TRC between the date of its formation on October 27, 2005 and December 31, 2011, of the General Partner of TRP between October 2006 and December 31, 2011 and of TRI between February 2004 and December 31, 2011. He was a consultant for the TRI predecessor company during 2003. Mr. Perkins was an independent consultant in the energy industry from 2002 through 2003 and was an active partner in an outdoor advertising firm during a portion of such time period. Mr. Perkins served as President and Chief Operating Officer for the Wholesale Businesses, Wholesale Group and Power Generation Group of Reliant Resources, Inc. and its parent/predecessor companies, from 1998 to 2002 and Vice President, Corporate Planning and Development, of Houston Industries from 1996 to 1998. He served as Vice President, Business Development, of Coral from 1995 to 1996 and as Director, Business Development, of Tejas from 1994 to 1995. Prior to 1994, Mr. Perkins held various positions with the consulting firm of McKinsey & Company and with an exploration and production company. Mr. Perkins graduated with honors from Texas A&M University and with distinction from Harvard Business School.

   Charles Crisp   Member of Compensation Committee (TRGP) Committee Chair for Nominating and Governance Committee (TRGP)  

Charles R. Crisp has served as a director of TRC since its formation on October 27, 2005 and of TRI between February 2004 and December 2010. Mr. Crisp was President and Chief Executive Officer of Coral Energy, LLC, a subsidiary of Shell Oil Company from 1999 until his retirement in November 2000, and was President and Chief Operating Officer of Coral from January 1998 through February 1999. Prior to this, Mr. Crisp served as President of the power generation group of Houston Industries and, between 1988 and 1996, as President and Chief Operating Officer of Tejas. Mr. Crisp is also a director of AGL Resources Inc., EOG Resources Inc. and IntercontinentalExchange, Inc. Mr. Crisp brings extensive energy experience, a vast understanding of many aspects of our industry and experience serving on the boards of other public companies in the energy industry. His leadership and business experience and deep knowledge of various sectors of the energy industry bring a crucial insight to the board of directors.

   Robert B. Evans   Member of Compensation Committee (TRGP)   Committee Chair for Risk Management Committee (TRGP)

Robert B. Evans has served as a director of the General Partner of TRP since February 2007. Mr. Evans is also a director of New Jersey Resources Corporation and Sprague Resources GP LLC. Mr. Evans was the President and Chief Executive Officer of Duke Energy Americas, a business unit of Duke Energy Corp., from January 2004 until his retirement in March 2006. Mr. Evans served as the transition executive for Energy Services, a business unit of Duke Energy, during 2003. Mr. Evans also served as President of Duke Energy Gas Transmission beginning in 1998 and was named President and Chief Executive Officer in 2002. Prior to his employment at Duke Energy, Mr. Evans served as Vice President of marketing and regulatory affairs for Texas Eastern Transmission and Algonquin Gas Transmission from 1996 to 1998.

   Laura Fulton Member of Audit Committee (TRGP)      

Laura C. Fulton has served as a director of TRC since February 26, 2013. Ms. Fulton has served as the Chief Financial Officer of Hi-Crush Proppants LLC since April 2012 and Hi-Crush GP LLC, the general partner of Hi-Crush Partners LP, since May 2012. From March 2008 to October 2011, Ms. Fulton served as Executive Vice President, Accounting and then Executive Vice President, Chief Financial Officer of AEI Services, LLC, an owner and operator of essential energy infrastructure assets in emerging markets. Prior to AEI, Ms. Fulton spent 12 years with Lyondell Chemical Company in various capacities, including as general auditor responsible for internal audit and the Sarbanes-Oxley certification process, and as the assistant controller. Prior to that she spent 11 years with Deloitte & Touche in public accounting, with a focus on audit and assurance.  

   Chris Tong Committee Chair for Audit Committee (TRGP)   Member of Nominating and Governance Committee (TRGP)  

Chris Tong has served as a director of TRC since January 2006 and of TRI between January 2006 and December 2010. Mr. Tong is a director of Kosmos Energy Ltd. He also served as a director of Cloud Peak Energy Inc. from October 2009 until May 2012. He served as Senior Vice President and Chief Financial Officer of Noble Energy, Inc. from January 2005 until August 2009. He also served as Senior Vice President and Chief Financial Officer for Magnum Hunter Resources, Inc. from August 1997 until December 2004. Prior thereto, he was Senior Vice President of Finance of Tejas Acadian Holding Company and its subsidiaries, including Tejas Gas Corp., Acadian Gas Corporation and Transok, Inc., all of which were wholly-owned subsidiaries of Tejas Gas Corporation. Mr. Tong held these positions from August 1996 until August 1997, and had served in other treasury positions with Tejas since August 1989.

   Ershel C. Redd, Jr. Member of Audit Committee (TRGP)      

Ershel C. Redd Jr. has served as a director of TRC since February 2011. Mr. Redd has served as a consultant in the energy industry since 2008 providing advice to various energy companies and investors regarding their operations, acquisitions and dispositions. Mr. Redd was President and Chief Executive Officer of El Paso Electric Company, a public utility company, from May 2007 until March 2008. Prior to this, Mr. Redd served in various positions with NRG Energy, Inc., a wholesale energy company, including as Executive Vice President – Commercial Operations from October 2002 through July 2006, as President – Western Region from February 2004 through July 2006, and as a director between May 2003 and December 2003. On May 14, 2003, NRG filed for protection under Chapter 11 of the Federal Bankruptcy Code. On November 24, 2003, NRG's Chapter 11 Plan of Reorganization was confirmed. Mr. Redd served as Vice President of Business Development for Xcel Energy Markets, a unit of Xcel Energy Inc., from 2000 through 2002, and as President and Chief Operating Officer for New Century Energy's (predecessor to Xcel Energy Inc.) subsidiary, Texas Ohio Gas Company, from 1997 through 2000.

   Waters Davis   Committee Chair for Compensation Committee (TRGP) Member of Nominating and Governance Committee (TRGP)  

Mr. Davis is currently the President of the National Christian Foundation Houston, serves as an Executive Advisor with CCMP Capital Advisors and also serves on the boards of ESOL, Newark Energy, and Milacron. Mr. Davis previously served as President of Reliant Energy Retail Services and Executive Vice President of Spark Energy, two of the early pioneers in the retail energy business, as well as energy practice leader at McKinsey & Company. He also served as a senior executive at a number of private companies, providing operational and strategic guidance.

Committee Member Member
Committee Chair Chair