SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 29, 2018
NOBLE ENERGY, INC.
(Exact name of Registrant as specified in its charter)
(State or other jurisdiction of
incorporation or organization)
1001 Noble Energy Way,
(Address of principal executive offices)
Registrant’s telephone number, including area code: (281) 872-3100
(Former name, former address and former fiscal year, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Election of Director.
On May 29, 2018, the board of directors (the “Board”) of Noble Energy, Inc. (the “Company”) elected Barbara J. Duganier as a member of the Board effective as of May 30, 2018 to serve until the next meeting of the Company’s shareholders, at which time she will stand for reelection. As of the date of this report, Ms. Duganier has not been appointed to any committee of the Company’s Board. The Company will file an amendment to this report to disclose any such appointment within four business days after the information is determined or becomes available.
In connection with her election as a non-employee director, Ms. Duganier will receive an annual retainer of $85,000 (pro rated for her period of service) and a one-time grant of restricted stock with an aggregate value of $250,000 under the Company’s 2015 Stock Plan for Non-Employee Directors. Ms. Duganier also entered into the Company’s customary form of indemnity agreement on May 30, 2018 upon the effective date of her election to the Board.
Ms. Duganier was not appointed pursuant to any arrangement or understanding with any other person and there are no family relationships between Ms. Duganier and the other directors or executives of the Company. There are no transactions with Ms. Duganier that would be reportable under Item 404(a) of Regulation S-K.
A copy of the press release announcing Ms. Duganier's election to the Board is attached to this report on Form 8-K as Exhibit 99.1.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits. The following exhibit is furnished as part of this report on Form 8-K.
99.1 Press release dated May 30, 2018.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
NOBLE ENERGY, INC.
May 31, 2018
/s/ Pamela L. Taylor
Pamela L. Taylor
INDEX TO EXHIBITS
NOBLE ENERGY ELECTS BARBARA J. DUGANIER TO BOARD OF DIRECTORS
Houston, May 30, 2018 (GLOBE NEWSWIRE) - Noble Energy, Inc. (NYSE: NBL) (“Noble Energy” or "the Company") announced the election of Barbara J. Duganier to its Board of Directors, effective today. With the addition of Ms. Duganier, Noble Energy's Board now totals 10 members.
Prior to her retirement in 2013, Ms. Duganier held various leadership and management positions with Accenture PLC, where she was most recently a Managing Director and also served as Global Chief Strategy Officer and Global Growth and Offering Development Lead for the consulting business. For more than 20 years, Ms. Duganier was with the public accounting firm Arthur Andersen, where she was an equity partner and served as an auditor and financial consultant primarily in the energy industry. She also held various leadership roles, including as Global Chief Financial Officer of Andersen Worldwide. She hold a B.S.B.A in accounting from John Carroll University and is a licensed certified public accountant. Ms. Duganier currently serves as a director of the general partner of Buckeye Partners, L.P. and is also a director of MRC Global Inc.
David L. Stover, Noble Energy’s Chairman, President and CEO, commented: “Our Board is excited to add Barbara to the Noble Energy team. She brings significant financial and strategy expertise to the Board, along with extensive experience in helping numerous upstream and midstream energy companies accelerate and transform their business performance.”
Noble Energy (NYSE: NBL) is an independent oil and natural gas exploration and production company with a diversified high-quality portfolio of both U.S. unconventional and global offshore conventional assets spanning three continents. Founded more than 80 years ago, the company is committed to safely and responsibly delivering our purpose: Energizing the World, Bettering People’s Lives®. For more information, visit www.nblenergy.com.