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REMARKS FOR THE NEW EMPLOYEE MEETING
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Roll Call
— Ronnie Andrews
— Linda Dominiguez
— John East
— Jeffrey Elkin
— Sylvia Emerick
— Glenn Fleming
— Patricia Grabber
— Susan Gwynn
— Sharon Hagler
— Eldon Jobe
— Erika Lucero
— Vickie Mulherin
— Jennifer Nolan
— Lazlie Pendergraft
— Deborah Pittman
— Susan Prosser
— Ty Richmond
(Lonnie’s son)
— Darlene Roach
— Barbara Sanford
— Susan Scherer
— Brian Scroggins (Ben’s son)
— Curtis Smith
— John Smith
— Elles Stewart
— Myron Stewart
— and Jannie (Janey) Wiegand
Mesa draws most of its employees from the local area... only 5 of you from outside the Panhandle:
— 5 of 26 from WTSU, 4 from Amarillo College... People ask why I’m so interested in area schools
Purpose of meeting... Acquaint you with MLP... Management’s philosophies and goals.
I’ll talk for a little while, then I’d like to hear what’s on your minds.
Partnership structure (Explain uniqueness).
Obligation to unitholders, employee ownership... 1956 — $2,500. Today — $310 million (Explain)
Conviction that Mesa is the best company in the industry... model for Corporate America.
Mesa is a young, progressive company providing excellent opportunities for all employees (Average age is 36).
Management commitment... to recruit and retain only top-quality personnel... you’re the cream of the crop.
Simple operation:
— Nothing manufactured
— Explore for, acquire and develop oil and gas
(Give update on the petroleum industry)
Organization; became public in 1964.
Growth:
— American Stock Exchange 1967
— New York Stock Exchange 1969
— Hugoton 1969
— Pubco 1973
— Ashland 1979
— Mesa Royalty Trust 1979
— Texaco/Seqoia Partnership 1980
— Mesa Offshore Trust 1982
— Pioneer 1986
— Tenneco Mid-Continent 1988
Total of 671 employees... we added 83 in December:
— 410 in Amarillo/Fain
— 261 in various field operations
Outstanding employee benefits package, ranked top of the industry in independant surveys for the past two years:
— #1 in ’87, #2 in ’88... Would’ve been #1 in ’88 but for an unusual, one-time situation.
Maximum participation encouraged.
Benefits include:
— Medical, dental, life insurance
— Profit sharing plan
— Educational assistance
— Physical fitness program (Explain the origin and importance)
— WellPlan
— Chemical Dependency Program
Since Mesa does not have a large number of employees, maximum effor and efficiency are essential (explain philosophy).
Supportive attitude.
Fit-Time schedule for physical fitness... don’t abuse the policy.
Personal telephone calls.
Proper attire... look like bush league, play like bush league.
Political awareness; be informed and active.
— Mesa PAC; importance of; management gives 2%; information in your packets
Professionalism; don’t be a griper. Be above office gossip and speculation... Mesa management will keep you informed... No surprises.
Community involvement encouraged; despite what you may read in the paper, Mesa is a major contributor to the Panhandle area.
— $224,040 in corporate contributions to the Panhandle last year alone.
— $645,000 to Amarillo Independent School District since August of 1988.
— That includes $471,300 to te magnet school — Carver Elementary Academy.
— That figure also includes more than $100,000 for tee shirts for children in Kindergarten through eighth grade in AISD’s
Drug Free educational program.
Mesa and employees injected $94 million directly into the Amarillo economy last year... payroll, purchases from local businesses, cash distributions to local unitholders, taxes and charitable conributions.
U.S. Chamber of Commerce multiplier effect... $94 million equates to about $376 million impact on the economy and creates hundreds of other jobs.
Mesa employees are the best paid, most skilled group of workers in the area... we’re high profile. This will be a problem for you.
City’s lawsuit against Mesa... (Brief outline — settled and dismissed by judge).
Get to know the company... be able, willing and proud to talk about it.
You can be proud of Mesa’s and your significant contributions to the area.
But most important... Enjoy your work; be happy or leave; you owe it to yourself, family.
Football coach; assemble the players, make the team. #1 company; we expect more and we provide more.