Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 3, 2023, NGL Energy Partners LP (the "Partnership" or "NGL") announced the appointment of Brad Cooper to serve as the Executive Vice President and Chief Financial Officer of NGL Energy Holdings LLC (the "General Partner"), the general partner of the Partnership, effective January 13, 2023 (the "Effective Date"). Mr. Cooper will succeed Linda Bridges, who notified the Partnership on December 30, 2022, that she has resigned from her position of Executive Vice President and Chief Financial Officer effective January 13, 2023 to pursue other interests.

Mr. Cooper, 47, joined the Partnership in June 2021 as the Partnership's Senior Vice President of Administration and Risk Management. Mr. Cooper has over 20 years of experience in the energy space working for public companies with experience across upstream, midstream and downstream sectors. Most recently prior to joining the Partnership, Mr. Cooper spent 10 years with WPX Energy where he was Vice President of Finance and Treasurer. Prior to WPX Energy, he was at The Williams Companies where he held various corporate finance and risk management leadership roles.

In connection with the appointment of Mr. Cooper as the Executive Vice President and Chief Financial Officer of the General Partner, the Board of Directors of the General Partnership authorized a compensation arrangement that provides that during the term of his role as Executive Vice President and Chief Financial Officer, he receives an annual base salary of $500,000, effective January 13, 2023.

Mr. Cooper does not have any family relationships with any director, executive officer, or any person nominated to become a director or executive officer, of the General Partner and there are no arrangements or understandings between Mr. Cooper and any other person pursuant to which Mr. Cooper was appointed as the Executive Vice President, Chief Financial Officer. There are no transactions in which Mr. Cooper had or will have an interest that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K under the Securities Exchange Act of 1934, as amended.




Item 9.01.     Financial Statements and Exhibits.

(d) Exhibits.
Exhibit No.                                             Description

101                    Cover Page formatted as Inline XBRL.
                       Cover Page Interactive Data File (formatted as Inline XBRL and contained in
104                    Exhibit 101).


--------------------------------------------------------------------------------

© Edgar Online, source Glimpses