Management ChangeJul 17, 2026, 06:07 AM
Targa Resources Appoints Thomas Mathiasmeier to Board
AI Summary
Targa Resources Corp. announced the appointment of Thomas Mathiasmeier to its Board of Directors, effective July 16, 2026. Mr. Mathiasmeier, who recently retired from ConocoPhillips, will serve as a Class II Director until the 2027 annual meeting and join the Board's Audit Committee. He brings extensive experience in the energy industry, including leadership roles in natural gas marketing, LNG, and midstream operations. As a non-employee director, he will receive compensation including a pro-rated restricted stock award of 477 shares and an indemnification agreement.
Key Highlights
- Thomas Mathiasmeier appointed to Targa Resources' Board of Directors.
- Designated as a Class II Director, with term expiring at 2027 annual meeting.
- Also appointed as a member of the Board's Audit Committee.
- Mr. Mathiasmeier previously served as President, Global Gas, Power & Emerging Markets at ConocoPhillips.
- Will receive compensation as a non-employee director, including a pro-rated restricted stock award.
- Expected Restricted Stock Award of 477 shares.
- Company entered into an indemnification agreement with Mr. Mathiasmeier.
Price Impact
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