AUSTIN, Texas--(BUSINESS WIRE)--Jul. 10, 2013--
USA Compression Partners, LP (NYSE: USAC) announced today that William
G. “Bill” Manias will replace Kevin M. Bourbonnais as Vice President and
Chief Operating Officer. Mr. Bourbonnais has given notice of resignation
to pursue new opportunities outside the compression industry. To ensure
a smooth transition, Mr. Bourbonnais has agreed to remain available to
the Company through at least the end of August. Mr. Manias will start in
his new role effective July 15.
“I want to personally thank Kevin for his accomplishments since he
joined USA Compression over two years ago,” said Eric D. Long, President
and Chief Executive Officer. “He has made significant contributions to
our organization by expanding our service offerings and driving new
processes that reflect our service commitment to our customers and
employees alike. We wish him success in the future.
“At the same time I am delighted that Bill Manias has accepted the
position of Chief Operating Officer. Bill has over 20 years of
experience in the midstream space as both a banker and corporate
executive working with four publicly traded MLPs to acquire and
integrate assets. His expertise in a broad range of strategic, financial
and operational matters and his significant experience as a C-suite
officer in high growth and larger public companies should benefit USA
Compression Partners and its unitholders and help our management team to
continue to implement our growth strategy,” Long added.
Mr. Manias, a current director of the Company’s general partner, will
relinquish his position on the Board to allow the Company to add another
independent director.
Mr. Manias has served as a director of USA Compression’s general partner
since February 2013. From October 2009 until January 2013, he served as
Senior Vice President and Chief Financial Officer of Crestwood Midstream
Partners LP. Before joining Crestwood in 2009, Mr. Manias was CFO of
TEPPCO Partners, L.P. from January 2006 through January 2009. From
September 2004 until January 2006, he served as Vice President of
Business Development and Strategic Planning at Enterprise Product
Partners L.P. He previously served as Vice President and CFO of
GulfTerra Energy Partners, L.P. from February 2004 to September 2004,
when GulfTerra Energy Partners, L.P. merged with Enterprise Product
Partners L.P. Earlier, Mr. Manias held several executive management
positions with El Paso Corporation and previously worked as an energy
investment banker for J.P. Morgan Securities Inc. and its predecessor
companies. Mr. Manias earned a B.S.E. in civil engineering from
Princeton University, an M.S. in petroleum engineering from Louisiana
State University, and an M.B.A. from Rice University.
About USA Compression Partners, LP
USA Compression Partners, LP is a growth-oriented Delaware limited
partnership that is one of the nation’s largest independent providers of
compression services in terms of total compression unit horsepower. The
company partners with a broad customer base composed of producers,
processors, gatherers and transporters of natural gas. USA Compression
focuses on deploying large-horsepower infrastructure applications
primarily in high volume gathering systems, processing facilities and
transportation applications. More information is available at www.usacpartners.com.
Source: USA Compression Partners, LP
Dennard-Lascar Associates
Jack Lascar, 713-529-6600
jlascar@dennardlascar.com
or
Anne
Pearson, 210-408-6321
apearson@dennardlascar.com
