Kuchta, Masters and Peters, are independent as defined under the independence standards established by the New York Stock Exchange (the "NYSE") The NYSE does not require a listed limited partnership, like TransMontaigne Partners, to have a majority of independent directors on the board of directors of its general partner or to establish a compensation committee or a nominating or governance committee.
Henry M. Kuchta
Henry M. Kuchta was elected as a director of our general partner on January 7, 2010, and serves as a member of the audit and conflicts committees of the board of directors of our general partner.
Mr. Kuchta was asked to join the board of directors, in part, based on his executive management experience in the energy industry and because he qualified as an independent director.
Since September 2006, Mr. Kuchta has served as a Partner in NTR Partners, LLC and served as Director, President and Chief Operating Officer of NTR Acquisition Co. from September 2006 to January 2009.
Mr. Kuchta served as President and Chief Operating Officer of Premcor Inc. from January 2003 through September 2005 and as Executive Vice President of Premcor Inc. from May 2002 to December 2002.
Previously, Mr. Kuchta served as Business Development Manager for Phillips 66 Company from October 2001 to April 2002.
Prior to that time, Mr. Kuchta served in various senior management and executive positions at Tosco Corporation from May 1993 to September 2001, as well as at Exxon Corporation from May 1980 to April 1992.
Mr. Kuchta holds a Bachelor of Science degree in Chemical Engineering from Wayne State University.
The audit committee currently has three members, Jerry R. Masters, David A. Peters and Henry M. Kuchta
, each of whom is able to understand fundamental financial statements and at least one of whom has past experience in accounting or related financial management.
Kuchta, Masters and Peters currently serve on the conflicts committee of the board of directors of our general partner.