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Exterran Partners (EXPL) Hires Edmund P. Segner III to Board of Directors

June 1, 2009 4:45 PM EDT
EXLP Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

Dividend Yield: 9.6%
The managing general partner of Exterran Partners, L.P. (NASDAQ: EXLP) announced changes to its board of directors. Edmund P. Segner III has been appointed as an independent board member and will serve on the board's audit, compensation and conflicts committees, and Mark A. McCollum has resigned as an independent board member, both effective May 28, 2009.

Mr. Segner is Professor in the Practice of Civil Engineering Management at Rice University. Mr. Segner retired from EOG Resources, Inc. (NYSE: EOG) in 2008 and among the positions he served was President and Chief of Staff and Director from 1999 to 2007. He served on the board of directors of Universal Compression Holdings, Inc, one of the predecessor companies of Exterran Holdings, Inc. (NYSE: EXH), from 2000 to 2002.

Mr. McCollum has been appointed to the board of directors of Exterran Holdings, Inc., effective May 28, 2009. [SM]

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