USA Compression Partners Announces Appointment of Bill Manias as New Chief
Operating Officer and Resignation of Current Chief Operating Officer Kevin
AUSTIN, Texas -- July 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
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.
Jack Lascar, 713-529-6600
Anne Pearson, 210-408-6321
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