New SandRidge board members

by Jay F. Marks Modified: March 13, 2013 at 10:05 pm •  Published: March 14, 2013
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New SandRidge board members

SandRidge Energy Inc. on Wednesday added four new board members who had been nominated by hedge fund TPG-Axon Capital, one of the company's largest shareholders.


• Steven C. Beasley, 61, is CEO of Houston-based executive leadership and strategic investments firm Eaton Group Inc., which he founded in 2008. He is the former president of El Paso Corp.'s Eastern Pipeline Group. Beasley also served on the board of Williams Pipeline Partners LP from January 2008 to August 2009. He will lead the SandRidge board's compensation committee.

• Edward W. Moneypenny, 70, retired in 2006 as chief financial officer of convenience store chain 7-Eleven Inc. The New York resident also served as CFO to two Fortune 500 energy companies, including Oryx Energy Corp. He was on the board at Oryx when it completed a multibillion dollar merger with Kerr-McGee Corp. in 1999. He will be a member of the SandRidge board's strategy and planning and audit committees.

• Alan J. Weber, 63, is CEO of investment management firm Weber Group LLC. The Connecticut resident spent 27 years with Citibank, managing businesses in about 30 countries. He will lead the SandRidge board's nominating and governance committee.

• Dan A. Westbrook, 60, is an energy industry veteran who has been on the board of Enbridge Energy Co. since 2007. He is a former division-level executive for BP and Amoco Corp. He will lead the SandRidge board's strategy and planning committee, while serving on the nominating and governance committee.


by Jay F. Marks
Energy Reporter
Jay F. Marks has been covering Oklahoma news since graduating from Oklahoma State University in 1996. He worked in Sulphur and Enid before joining The Oklahoman in 2005. Marks has been covering the energy industry since 2009.
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