8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (date of earliest event reported): April 9, 2012

DCP MIDSTREAM PARTNERS, LP

(Exact name of registrant as specified in its charter)

Delaware	001-32678	03-0567133
(State or other jurisdiction of incorporation)	(Commission File No.)	(IRS Employer Identification No.)

370 17th Street, Suite 2775

Denver, Colorado 80202

(Address of principal executive offices) (Zip Code)

(303) 633-2900

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 12, 2012, DCP Midstream Partners, LP (the “Partnership”) issued a press release, announcing that Angela A. Minas, Vice President and Chief Financial Officer of DCP Midstream GP, LLC (“DCP Midstream GP”), the Partnership’s general partner, has decided to leave the Partnership effective May 11, 2012 to pursue other interests, and that Rose M. Robeson was appointed Senior Vice President and Chief Financial Officer of DCP Midstream GP, also effective May 11, 2012.

Ms. Robeson, age 51, is currently the Group Vice President, Chief Financial Officer of DCP Midstream, LLC, the owner of DCP Midstream GP, and has served in that position since 2002. Prior to that time she was Vice President, Treasurer of DCP Midstream, LLC from 2000 to 2002. Prior to joining DCP Midstream, LLC, Ms. Robeson was with Kinder Morgan (formerly KN Energy) from 1996 to 2000, where she served as Vice President and Treasurer from 1998 to 2000. Prior that time she served in a number of finance positions at Total Petroleum from 1987 to 1996. She began her career as a certified public accountant with Ernst & Young. Ms. Robeson has nearly 30 years of experience in finance and 25 years of experience in the energy industry.

Ms. Robeson will receive an annual base salary of $293,000 in her new position. In addition, she will participate in the Partnership’s short term cash incentive program with a target incentive opportunity of 50% of her base salary, pro-rated for 2012 based on the percentage of the year she works for the Partnership. Ms. Robeson will participate in the DCP Midstream, LLC long term incentive plan for 2012 and is then expected to participate in the Partnership’s long term incentive plan for 2013.

The press release announcing Ms. Minas’ departure and the appointment of Ms. Robeson is attached hereto as Exhibit 99.1. The information in Exhibit 99.1 is being furnished pursuant to this Item 5.02.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Press Release dated April 12, 2012.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: April 13, 2012

DCP MIDSTREAM PARTNERS, LP
By:	DCP MIDSTREAM GP, LP,
	its General Partner
	By:	DCP MIDSTREAM GP, LLC,
		its General Partner
		By:	/s/ Michael S. Richards
		Name:	Michael S. Richards
		Title:	Vice President, General Counsel, and Secretary

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release dated April 12, 2012.

EX-99.1

Exhibit 99.1

		News Release 370 17th Street, Suite 2500 Denver, CO 80202 www.dcppartners.com www.dcpmidstream.com
April 12, 2012	DCP Midstream Partners CONTACT:	Jonni Anwar 303-605-1868
	DCP Midstream CONTACT:	Lisa Newkirk 303-605-1837 303-829-1953

DCP MIDSTREAM PARTNERS, LP AND DCP MIDSTREAM, LLC

ANNOUNCE MANAGEMENT CHANGES

DENVER, April 12, 2012 — DCP Midstream Partners, LP (NYSE: DPM) (the Partnership) and DCP Midstream, LLC (DCP Midstream), the owner of the general partner of the Partnership, announced today that effective May 11, 2012, Angela A. Minas, the Partnership’s vice president and CFO, has decided to leave the Partnership to pursue other interests and Rose M. Robeson, currently group vice president and CFO of DCP Midstream, will be appointed to the position of senior vice president and CFO of the Partnership. In conjunction with this move and as part of periodic rotational management changes within the overall DCP enterprise, Sean O’Brien, currently vice president financial planning and analysis and treasurer of DCP Midstream, will be appointed to the position of senior vice president and CFO of DCP Midstream. O’Brien joined DCP Midstream in 2009 from Duke Energy, where O’Brien served in several senior financial leadership positions. In addition, Scott Delmoro, who is currently in a developmental role in the commercial organization, will become vice president and treasurer of DCP Midstream. Delmoro also previously served as the vice president and controller of DCP Midstream.

“We would like to thank Angela for her significant contributions to the Partnership’s successful execution of its growth strategy. During Angela’s three years with the Partnership she performed a crucial role in the design and execution of our financing plan and positioning the Partnership for success. We are also very pleased to have Rose, who has overseen DCP Midstream’s overall financial plans and relationships with its investors and commercial banks, rotate within the DCP enterprise to provide a seamless transition to the role of senior vice president and CFO of the Partnership. Rose brings a wealth of experience to the Partnership having over 25 years of industry experience, most recently as the group vice president and CFO of DCP Midstream for the past 10 years,” said Mark Borer, president and CEO of the Partnership. Robeson also previously served in leadership positions at Total Petroleum and Kinder Morgan (formerly KN Energy).

About DCP Midstream Partners, LP

DCP Midstream Partners, LP (NYSE: DPM) is a midstream master limited partnership engaged in the business of gathering, compressing, treating, processing, transporting, storing and selling natural

gas; producing, fractionating, transporting, storing and selling NGLs and condensate; and transporting, storing and selling propane in wholesale markets. DCP Midstream Partners, LP is managed by its general partner, DCP Midstream GP, LLC, which is wholly owned by DCP Midstream, LLC, a joint venture between Spectra Energy and ConocoPhillips. For more information, visit the DCP Midstream Partners, LP website at http://www.dcppartners.com.

About DCP Midstream, LLC

DCP Midstream, LLC with headquarters in Denver, leads the midstream segment as the second-largest natural gas gatherer and processor, the largest natural gas liquids producer and one of the largest marketers in the United States. DCP Midstream operates in 18 states across major producing regions. DCP Midstream is a 50:50 joint venture between Spectra Energy and ConocoPhillips. The company owns the general partner of DCP Midstream Partners LP, a master limited partnership, and provides operational and administrative support to the partnership. DCP Midstream is the largest oil and gas company, the largest private company and one of the “Best Places to Work” in Denver as ranked by the Denver Business Journal. For more information, visit the DCP Midstream website at www.dcpmidstream.com.

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