MMP » Topics » Board of directors

This excerpt taken from the MMP 8-K filed Dec 5, 2008.

Board of directors

Thomas Macejko and Thomas Souleles, both of Madison Dearborn Partners, LLC (“Madison Dearborn”), have resigned from the board following the governance changes announced yesterday for Magellan Midstream Holdings, L.P. (NYSE: MGG). Madison Dearborn no longer owns a controlling interest in MGG’s general partner and does not own an interest in MMP.

MMP’s board of directors will continue to consist of seven members. Three of these members, John DesBarres, James Montague and George O’Brien, will continue to serve as independent members as defined by the rules of the New York Stock Exchange. Don Wellendorf, the partnership’s president and chief executive officer, and Patrick Eilers of Madison Dearborn will remain on the board, with two vacancies to be filled over time.

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