SandRidge shareholder calls for new directors

BY ADAM WILMOTH Published: December 27, 2012
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One of the largest shareholders of SandRidge Energy Inc. on Wednesday formally called for shareholders to oust the Oklahoma City energy company’s directors, and submitted its list of proposed directors.

TPG-Axon is seeking...

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At a glance

Proposed new directors

SandRidge shareholder TPG-Axon has called for shareholders to oust SandRidge’s directors and replace them with a panel of its choosing. Following are the proposed new directors:

•Stephen C. Beasley, 61, founder and CEO of Houston-based investment firm Eaton Group Inc. and former president of El Paso Corp.’s Eastern Pipeline Group.

•Edward W. Moneypenny, 70, retired senior vice president of finance and chief financial officer of 7-Eleven Inc. He is also former executive vice president of finance and chief financial officer of Covanta Energy Corp.

•Fredric G. Reynolds, 62, retired executive vice president and chief financial officer of CBS Corp.

•Peter H. Rothschild, 57, managing member of financial services company Daroth Capital LLC and president and chief executive officer of its banking subsidiary Daroth Capital Advisors LLC.

•Dinakar Singh, 43, founder and CEO of TPG-Axon Capital and a former partner at Goldman Sachs and Co., where he was co-head of the principal strategies department

•Alan J. Weber, 63, CEO of investment management firm Weber Group LLC and operating partner and chairman of the financial services advisory board at Arsenal Capital Partners LLC.

•Dan A. Westbrook, 60, director at Canadian pipeline company Enbridge Energy Co.

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