February 22, 2018 11:23 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Targa Resources GP LLC

Company Overview

Targa Resources GP LLC through the partnership engages in gathering, compressing, treating, processing, and selling natural gas. The company was incorporated in 2006 and is based in Dallas, Texas. Targa Resources GP LLC operates as a subsidiary of Targa Resources, Inc.

1000 Louisiana

Suite 4300

Houston, TX 77002

United States

Founded in 2006

Phone:

713-584-1000

Key Executives for Targa Resources GP LLC

Chief Executive Officer and Director
Age: 57
Executive Chairman
Age: 69
Chief Financial Officer, Executive Vice President and Treasurer
Age: 39
Executive Vice President of Engineering and Operations
Age: 57
Chief Accounting Officer and Senior Vice President
Age: 66
Compensation as of Fiscal Year 2017.

Targa Resources GP LLC Key Developments

Targa Resources GP LLC Announces Management Appointments, Effective March 1, 2018

On February 1, 2018, the board of directors of Targa Resources GP LLC appointed Matthew J. Meloy, age 39, President of the General Partner, effective March 1, 2018. Mr. Meloy has served as Executive Vice President and Chief Financial Officer of the General Partner since May 2015. Mr. Meloy previously served as Senior Vice President, Chief Financial Officer and Treasurer of the General Partner between December 2010 and May 2015. On February 1, 2018, the Board appointed Patrick J. McDonie, age 57, President—Gathering and Processing of the General Partner, effective March 1, 2018. Mr. McDonie has served as Executive Vice President – Southern Field Gathering and Processing of the General Partner since November 12, 2015. Mr. McDonie previously served as President of Atlas Pipeline Partners GP LLC between October 2013 and February 2015. On February 1, 2018, the Board appointed D. Scott Pryor, age 55, President – Logistics and Marketing of the General Partner, effective March 1, 2018. Mr. Pryor has served as Executive Vice President – Logistics and Marketing of the General Partner since November 12, 2015. Mr. Pryor previously served as Senior Vice President – NGL Logistics & Marketing of Targa Resources Operating LLC. On February 1, 2018, the Board appointed Robert M. Muraro, age 41, Chief Commercial Officer of the General Partner, effective March 1, 2018. Mr. Muraro has served as Executive Vice President—Commercial of the General Partner since February 22, 2017, Mr. Muraro previously served as Senior Vice President – Commercial and Business Development of Targa Midstream Services LLC. On February 1, 2018, the Board appointed Jennifer R. Kneale, age 39, Chief Financial Officer of the General Partner, effective March 1, 2018. Ms. Kneale has served as Vice President—Finance of the General Partner since December 16, 2015. She previously served as Senior Director, Finance between March 2015 and December 2015.

Targa Resources GP LLC Announces Executive Changes

On February 22, 2017, the board of directors of Targa Resources GP LLC appointed Robert Muraro, age 40, as Executive Vice President - Commercial of the General Partner, effective February 22, 2017. Mr. Muraro previously served as Senior Vice President - Commercial and Business Development of various subsidiaries of the Partnership between March 2016 and February 2017. On February 22, 2017, the Board appointed John R. Klein as Senior Vice President and Chief Accounting Officer of the General Partner, effective February 22, 2017. Mr. Klein previously served as Senior Vice President - Controller of the General Partner and various subsidiaries of the Partnership between December 2015 and February 2017. He also served as Vice President - Controller of the General Partner and various subsidiaries of the Partnership between March 2007 and December 2015. John R. Sparger, age 63, ceased to serve as Chief Accounting Officer of the General Partner. Mr. Sparger will serve as a Senior Vice President of the General Partner.

Targa Resources GP LLC Announces Resignation of Ruth I. Dreessen and Barry R. Pearl from the Board of Directors

On March 1, 2016, Ruth I. Dreessen and Barry R. Pearl resigned from the board of directors of Targa Resources GP LLC. Ms. Dreessen’s and Mr. Pearl’s resignations were not a result of any disagreement with the Partnership or the General Partner regarding any matter related to the operations, policies or practices of the Partnership or the General Partner. These resignations and the changes were made in connection with the completion on February 17, 2016 of the transactions contemplated by the Agreement and Plan of Merger, dated as of November 2, 2015, by and among Targa Resources Corp., Spartan Merger Sub LLC, the Partnership and the General Partner, pursuant to which TRC acquired all of the common units representing limited partner interests in the Partnership not already owned by TRC and its affiliates.

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