Natural Gas Services Group, Inc. Announces the Addition of a New Director to its Board of Directors
31 10월 2023 - 5:07AM
Natural Gas Services Group, Inc. (NYSE:NGS) (the "Company" or
"NGS"), a leading provider of natural gas compression equipment,
technology and services to the energy industry, announced today the
appointment of energy industry veteran Georganne Hodges to its
Board of Directors, effective October 26, 2023.
In connection with the appointment, the Company
increased the size of its Board from five to six. Ms. Hodges will
join the class of directors whose term is set to expire at the 2025
annual meeting of shareholders. She will also immediately join the
Company’s Audit Committee.
“We are pleased to welcome Georganne as a
director,” said Company Chairman and Interim Chief Executive
Officer Stephen C. Taylor. “Given her industry background,
financial expertise, and public board experience we feel she will
be an extremely valuable member of our Board.”
Ms. Hodges added, "I'm thrilled to join the
Board of Directors at Natural Gas Services, Inc. This is an
incredible team with valuable assets driving essential work in the
oil and natural gas industry. The potential for growth and
innovation are exciting and I'm eager to bring my experience and
energy to the table.”
Ms. Hodges has more than 30 years of wholesale
and retail energy experience, including national public accounting
firm experience and extensive experience across the energy industry
value chain. She was most recently Executive Vice President of
Supply, Trading & Logistics at Motiva Enterprises, LLC,
until January 2023. Prior to joining Motiva, she held the
position of CFO with Spark Energy, where she successfully completed
the company’s initial public offering as well as several
acquisitions. She also held the position of CFO with Direct Energy,
as well as other senior financial roles since beginning her career
with Arthur Andersen in 1987. Since March 2023, she has served as a
member of the board of directors and Audit Committee of PBF Energy
(NYSE:PBF). Since 2022, she has served as a member of the board of
directors of BWC Terminals LLC, where she serves on the Audit
Committee and the Nominating and Corporate Governance Committee.
Beginning in May 2021, she served as a member of the board of
directors of TransAlta Renewables Inc. (formerly (TSX: RNW)) where
she was the Chair of the Audit Committee until her resignation from
the Board in early October 2023 in connection with an acquisition
of that company. Ms. Hodges holds a BBA in Accounting and
Finance from the Hankamer School of Business at Baylor
University.
About Natural Gas Services Group, Inc.
(NGS)
NGS is a leading provider of natural gas
compression equipment, technology and services to the energy
industry. The Company manufactures, fabricates, rents, sells and
maintains natural gas compressors for oil and natural gas
production and plant facilities. NGS is headquartered in Midland,
Texas, with fabrication facilities located in Tulsa, Oklahoma and
Midland, Texas, and service facilities located in major oil and
natural gas producing basins in the U.S. Additional information can
be found at www.ngsgi.com.
Cautionary Statements
This news release contains certain
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Statements that do not
relate strictly to historical or current facts are forward-looking
and are subject to known and unknown risks and uncertainties that
may cause actual results to differ materially from those expressed
in such forward-looking statements. Any forward-looking statement
speaks only as of the date on which such statement is made, and the
Company does not intend to correct or update any forward-looking
statement, whether as a result of new information, future events or
otherwise, except as required by law.
For Additional Information
Investor Relations(432)
262-2700ir@ngsgi.comwww.ngsgi.com
Natural Gas Services (NYSE:NGS)
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