ONEOK on Tuesday announced changes in its board of directors as one member retired and another returned.
Gerald B. Smith, founder, chairman and chief executive officer of Smith, Graham & Company Investment Advisors, a global investment management firm with offices in Houston, Texas, and New York City was elected to serve again on the board on Tuesday.
The 70-year old Smith previously served on the board from August 2009 to May of 2013. He also once served on the board of directors of ONEOK Partners, L.P. from 2006 to 2013.
He is also a former member of the board of trustees of the Charles Schwab Family of Funds, where he served as chairman of the investment oversight committee; current board member of the New York Life Insurance Company and chair of the Investment Committee; and board member and chair of the Audit Committee for Eaton, PLC. He also serves as a board member of the Federal Reserve Bank of Dallas and is chairman of the Texas Southern University Foundation Board, his alma mater.
Gary Parker, 75, resigned from the board effective Dec. 15, 2020, having served on the board since 1991. In accordance with its bylaws and Corporate Governance Guidelines, Parker would have been required to retire from the board immediately prior to ONEOK’s 2021 Annual Meeting of Shareholders due to his 75th birthday, which occurred in June 2020.