The letter concludes by touting the experience and acumen of the individuals Hess has nominated to join its board. Hess' proposed new nominees are John Krenicki Jr., Dr. Kevin Meyers, Fredric Reynolds, William Schrader and Dr. Mark Williams, who combined have served a variety of companies including ConocoPhillips Inc., Royal Dutch Shell plc and General Electric Co. "Hess' slate comprises some of the best business executive in the world with the right experience and expertise for Hess," stated the letter, signed by Chairman and CEO John Hess. "The entire Hess slate is new and independent; they agreed to work on behalf of all Hess shareholders and evaluate both Hess' plan and Elliott's plan." Currently, John Hess owns 10 percent of the New York City-based oil company's shares, making him the only person or entity that owns more of the company's stock than Elliott Management.