ONEOK Makes Organizational Changes

ONEOK, Inc.  and ONEOK Partners, L.P. have announced the following organizational changes:

• Walter S. Hulse III, currently executive vice president, strategic planning and corporate affairs, has been named chief financial officer and executive vice president, strategic planning and corporate affairs.
• Kevin L. Burdick, currently executive vice president and chief commercial officer, has been named executive vice president and chief operating officer.
• Derek S. Reiners, currently senior vice president, chief financial officer and treasurer, has been named senior vice president, finance, and treasurer.

“These changes consolidate key reporting responsibilities to me and are a reflection of the exceptional leadership and industry knowledge these individuals have demonstrated in their current roles, and I’m confident those attributes will aid them in their new roles,” said Terry K. Spencer, ONEOK president and chief executive officer. “Each of these individuals has made a substantial impact in their time with the company, and I expect these new responsibilities will provide even more opportunities to lead and develop their teams.”

Hulse joined ONEOK in 2015 from Spinnaker Strategic Advisory Services, LLC, which provided consulting services to mid-cap and large-cap publicly traded companies, including the review of merger and/or acquisition opportunities, debt and equity markets, corporate restructuring and potential divestitures. Hulse also served as a consultant to ONEOK for many years and assisted with its separation from ONE Gas. Previously, Hulse served as vice chairman of the Investment Banking Department, managing director, and head of the business development group at UBS Investment Bank where he oversaw the identification, evaluation and execution of new business initiatives across the three UBS business lines. Before that, he headed the company’s Global Utility Group.  Prior to joining UBS, Hulse was director of the mergers and acquisition department at PaineWebber and led the Global Energy and Mergers and Acquisitions group at J.P. Morgan. Hulse graduated from the Wharton School at the University of Pennsylvania with a Bachelor of Science in Economics.

Burdick joined ONEOK in 2007 as manager of information technology design integration. Since March 2017, he has served as executive vice president and chief commercial officer. During his tenure at ONEOK, Burdick has also held the following positions: vice president, natural gas gathering and processing, and vice president and chief information officer. He began his career at CITGO Petroleum in the information technology field and earned a Bachelor of Science in mathematics from the University of Oklahoma and a Master of Business Administration from Oklahoma State University.

Reiners joined ONEOK in 2009 as senior vice president and chief accounting officer. Previously, he worked for Grant Thornton LLP in Tulsa and Dallas, Texas, where he was a partner and served as the north Texas energy industry practice leader. He also worked for Arthur Andersen LLP in various roles with increasing levels of responsibility. A certified public accountant and a member of the American Institute of Certified Public Accountants, Reiners earned a Bachelor of Science degree in business administration from Oklahoma State University in Stillwater with majors in finance and economics.

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