John Mingé
About John C. Mingé
Independent director at NPK International Inc. since 2017; age 63. Currently serves on the Audit, Compensation, and ESG Committees; previously chaired the Compensation Committee from May 2018–April 2023. Career includes Chairman and President of BP America (2013–2018), retirement from BP in 2019, and appointment as Interim COO of Crescent Energy in June 2024; he is also a Senior Advisor to KKR and McKinsey, a non-executive director of Lynden, Inc., chairs the Washington State University Foundation, and operates JC Mingé Energy Services, LLC .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| BP America, Inc. | Chairman and President | Feb 2013–May 2018 | Led U.S. businesses across E&P, refining, chemicals, trading, pipeline, shipping, alt energy |
| National Petroleum Council | Chairman of study into CCUS technologies | 2019 (post-retirement) | Oversight of carbon capture, utilization and storage study |
| BP (Alaska, Asia Pacific E&P, Indonesia, Vietnam/China) | Unit Head/President | Various (37-year BP career) | Global E&P leadership; operations and strategy across multiple geographies |
| Proserv Group Parent LLC | Non-executive director | Jul 2019–Jul 2022 | Board oversight (private company) |
External Roles
| Organization | Role | Tenure | Notes |
|---|---|---|---|
| Crescent Energy | Interim Chief Operating Officer | Appointed Jun 2024–present | Public company operating role (not a directorship) |
| KKR | Senior Advisor | Current | Advisory capacity (potential general PE exposure) |
| McKinsey & Company | Senior Advisor | Current | Advisory capacity |
| Lynden, Inc. | Non-executive director | Current | Board role (company type not disclosed) |
| Washington State University Foundation | Chairman | Current | Non-profit leadership |
| JC Mingé Energy Services, LLC | Principal/Consultant | Current | Consulting and advisory services |
Board Governance
- Independence: Board determined Mingé is independent under NYSE rules after reviewing commercial, consulting, charitable, familial, and other relationships; no disqualifying relationships identified .
- Committee assignments: Audit, Compensation, ESG member; prior Compensation Committee Chair (May 2018–Apr 2023) .
- Attendance: Board met 11 times in 2024; each director attended ≥90% of Board and applicable committee meetings; independent directors meet regularly in executive sessions overseen by the independent Board Chair .
- Governance safeguards: Majority vote with director resignation policy; mandatory retirement age 75; stock ownership guidelines; hedging/pledging prohibited; ESG Committee comprised solely of independent directors .
Fixed Compensation
| Item | 2024 Amount | Notes |
|---|---|---|
| Fees earned (cash) | $76,625 | Quarterly in advance; includes cash retainer and committee member retainers |
| Stock awards (grant-date fair value) | $124,998 | Annual restricted stock award; vests May 15, 2025 |
| 2025 structure (reference) | n/a | Board simplified cash retainers: $80,000 base for all non-employee directors; Board Chair add $50,000; Committee Chair retainers adjusted; equity retainer unchanged ($125,000 for directors, $155,000 for Chair) |
Performance Compensation
- None disclosed for directors; director equity grants are time-based restricted stock (no performance metrics) .
Other Directorships & Interlocks
| Company | Role | Public/Private | Potential Interlock/Exposure |
|---|---|---|---|
| Crescent Energy | Interim COO | Public | Operating role; no related-party transactions disclosed with NPKI |
| Lynden, Inc. | Non-executive director | Not disclosed | Board role; no related-party transactions disclosed |
| Washington State University Foundation | Chairman | Non-profit | Governance/leadership (no commercial conflict indicated) |
| Proserv Group Parent LLC | Non-executive director (past) | Private | Past role; no current interlock |
| KKR; McKinsey & Company | Senior Advisor | Private | Advisory roles; Board reviews director commitments for independence annually |
Independence review: NPKI’s Board annually evaluates directors’ external commitments and relationships for independence; seven of eight nominees are independent, including Mingé .
Expertise & Qualifications
- 38+ years in global oil and gas E&P; senior leadership across complex, multi-asset portfolios; strategy development, integrations, organizational structure, talent development, government affairs, crisis management .
- Board service and advisory experience across energy, infrastructure; contributes risk management and operational discipline to Audit and Compensation Committees .
Equity Ownership
| Holder | Shares Beneficially Owned | % Outstanding | Notes |
|---|---|---|---|
| John C. Mingé | 230,287 | <1% | As of Apr 1, 2025; none pledged; counts per beneficial ownership table |
| Director restricted stock outstanding | 16,108 | n/a | Mingé’s 2024 director grant; fully vests May 15, 2025 |
| Director stock ownership guidelines | 5x annual cash retainer | n/a | All non-employee directors in compliance as of Mar 24, 2025 |
| Hedging/Pledging | Prohibited | n/a | Applies to directors, officers, employees; no pledging allowed |
Governance Assessment
- Committee effectiveness: Multi-committee membership (Audit, Compensation, ESG) signals high engagement; prior Compensation Chair experience adds pay governance rigor. Compensation Committee uses independent consultant (Zayla) and evaluated potential conflicts arising from parent Arthur J. Gallagher’s benefits work; determined no conflict of interest .
- Independence & attendance: Independent status affirmed; ≥90% meeting attendance; robust executive-session practice under independent Board Chair builds investor confidence .
- Alignment: Material director equity grants alongside cash retainers; ownership guidelines enforced; Mingé holds 230,287 shares; no pledging—supports alignment and risk controls .
- Conflicts/related party: No related-person transactions disclosed involving Mingé; Board annually reviews director relationships; policy requires Audit Committee approval for covered transactions >$100,000 and excludes compensation from conflict analysis .
- Shareholder signals: Say-on-pay support at 91% in 2024; governance practices include majority voting with resignation policy and ongoing board refreshment, supporting credibility of oversight .