Board Nominations Committee

Summary

In 2016, the Legal Committee of the PPDM Board of Directors proposed the creation of an independent Nominations Committee to oversee the nomination process for eligibility for election to the position of Director of the PPDM Association. The committee has the role of vetting and endorsing candidates most qualified to lead the organization, but would not have the role of limiting member candidacy. The Nominations Committee is comprised of between three to five former members of the Board of Directors of the PPDM Association, or members of the PPDM community with established leadership capabilities who remain members in good standing of the Association. Accountable to the Board of Directors, this Committee was formed in early 2018. More information about this Committee is available in the Charter.

Directors Eligibility Guidelines

Disclaimer

Endorsement from the Nominations Committee does not provide confirmation that a given individual is a suitable candidate for the Board of Directors. Endorsement merely states that a candidate has been deemed qualified through an initial scrutiny based on the criteria in the Eligibility Guidelines.

Collaboration helps PPDM develop and implement holistic strategies.

PPDM’s objectives will be accomplished through collaboration between operators, regulators, vendors, service companies, and educators. A well-constructed board of directors contains representation from as many stakeholder groups as possible.

Global representation allows the Board of Directors to address the needs of its constituency

Social, economic and cultural differences between regions must be considered as global strategies are developed and implemented. The Board of Directors strives to ensure that, over time, global representation is achieved.

Only Members are eligible for positions on the Board of Directors

Membership in PPDM may be obtained as an individual, or through the corporate membership of employers. Since individuals may transition between companies during their term of office, PPDM recommends that candidates obtain membership that is independent of their corporate affiliation.

Independent candidate reviews help qualify prospective Directors

The Board of Directors is responsible for the strategic direction of PPDM, and for fiduciary oversight. Directors should have clear, demonstrated skills and experience in these areas, have experience at the executive or management level, and understand the oil and gas business. The Nominations Committee verifies candidate skills and experience; and may recommend those best qualified for a role as Director. The Nominations Committee may, at its discretion, advise some Board candidates to seek other roles in PPDM committees or workgroups before seeking nomination for the role of Director.

Involvement in PPDM activities help prepare prospective Board candidates

Individuals who have an established track record of direct engagement in PPDM or industry activities, committees, or workgroups are better positioned to participate in the ongoing stewardship and development of the PPDM plan.

Strength and stability are derived through a balance between experience and fresh ideas

PPDM values both the wisdom that Directors develop through participation in Board of Directors activities, and the fresh ideas that new Directors bring. A well-constructed Board of Directors should contain a balance of experienced and new members.

Clear expectations help ensure Directors understand their commitment

Directors are elected for a two-year term on the Board of Directors. During this term, Directors are expected to spend adequate time preparing for, participating in, and completing associated actions, for board meetings or agreed ancillary activities. Repeated failure to meet these expectations could result in removal from the Board. The position of director is unpaid, and Directors are responsible for their own expenses.

The following web page provides a more comprehensive Job Description.

PPDM must be independent of undue corporate influence

Directors must represent both the needs of individual data managers and the needs of industry. PPDM values this multifaceted input. A well-constructed Board of Directors represents all viewpoints without allowing any one constituency to have undue influence on the strategies or plans of PPDM. During nomination reviews, existing or potential corporate representation could be considered to ensure a healthy balance of Directors.

Directors must be neutral, and avoid any conflict of interest

Members must sign the PPDM Code of Ethics prior to participation on most work groups and committees, including the Board of Directors. Candidates must also declare any existing conflicts of interest and must avoid potential conflicts of interest or violation of applicable anti-trust legislation during their term in office.

Directors must protect the confidentiality of PPDM information

Directors have access to confidential information and must ensure that this information is not disseminated to others, even those in positions of authority over them, in any form, without consent from the Board of Directors, or authorized delegate.

Directors must abide by PPDM policies

In the context of their participation in the Board of Directors or other PPDM activities, Directors must follow its policies and practices. Directors represent PPDM Directors should take every opportunity to meet with members of PPDM to understand their needs and promote the benefits derived from membership. Directors promote the benefits of PPDM to the upstream petroleum industry and seek financial resources and volunteer participation in support of PPDM.

Members:

  • Yogi Schulz (Corvelle Consulting)
  • Janet Hicks (Retired)
  • Jim Crompton (Retired)