Rose Rock Midstream Announces New Board Member
March 31 2016 - 3:15PM
Rose Rock Midstream, L.P. (NYSE:RRMS) announced today that Ronald
A. Ballschmiede has been appointed as the newest member of the
Board of Directors of the general partner of Rose Rock Midstream
effective April 1, 2016. He will also serve as an independent
director on the Audit Committee of the Board. Mr.
Ballschmiede replaces Mr. Mark E. Monroe on the Board and the Audit
Committee. As previously reported, Mr. Monroe resigned from the
Board effective April 1, 2016.
“We are extremely pleased to welcome Ron to our board,” said
Carlin Conner, chief executive officer of the general partner of
Rose Rock Midstream. “His energy experience and time spent as a
director for SemGroup Corporation, coupled with his background in
public accounting and audit, will provide a knowledgeable and
valuable perspective on the partnership’s business and growth
plans.”
Mr. Ballschmiede has served as a director of SemGroup
Corporation, which owns the general partner of Rose Rock Midstream,
since 2009. Since November 2015, Mr. Ballschmiede has served as the
executive vice president and chief financial officer of Sterling
Construction Company, Inc., a leading heavy civil construction
company that specializes in the building and reconstruction of
transportation and water infrastructure projects. From 2006 to
2015, Mr. Ballschmiede served as executive vice president and chief
financial officer of Chicago Bridge & Iron Co. N.V., a leading
engineering, procurement and construction company that focuses on
the energy and natural resource industry. Prior to joining
CB&I, Mr. Ballschmiede had a 29-year career in public
accounting, primarily focused on serving public companies in the
manufacturing and construction industry. Mr. Ballschmiede graduated
from Northern Illinois University with a Bachelor of Science degree
in accounting and is a certified public accountant.
Mr. Ballschmiede will continue to serve on the Board of
Directors of SemGroup Corporation.
About Rose Rock MidstreamRose Rock Midstream®,
L.P. (NYSE:RRMS) is a growth-oriented Delaware limited partnership
formed by SemGroup® Corporation (NYSE:SEMG) to own, operate,
develop and acquire a diversified portfolio of midstream energy
assets. Headquartered in Tulsa, OK, Rose Rock Midstream provides
crude oil gathering, transportation, storage and marketing services
with the majority of its assets strategically located in or
connected to the Cushing, Oklahoma crude oil marketing hub.
Contacts:
Investor Relations:
Alisa Perkins, 918-524-8081
investor.relations@semgroupcorp.com
Media:
Kiley Roberson, 918-524-8594
kroberson@semgroupcorp.com
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