HOUSTON, Mar 14, 2005 (BUSINESS WIRE) -- Hanover Compressor Company (NYSE:HC) announced today
that Anita Colglazier has been appointed Vice President, Controller
and Chief Accounting Officer and that Stephen York has been appointed
Vice President, Investor Relations and Technologies.
In making the announcement, John Jackson, President and Chief
Executive Officer, said the promotions further positioned Hanover
Compressor Company, a global market leader in compression technology,
to "help our organization respond quickly to opportunities in the U.S.
and global marketplace. The commitment and financial acumen that Anita
and Stephen have demonstrated in the past three years has been
instrumental in creating and maintaining a transparent financial
organization. Their work in supporting the continued growth of Hanover
Compressor and its associated companies is an indication of what I
believe will be future success for them and the organization."
Ms. Colglazier, prior to her appointment, served as Director,
Financial Reporting and Policy since April 2002. Before joining
Hanover, she held various management positions during 18 years with
Union Pacific Resources Company (UPRC) (acquired by Anadarko Petroleum
in July 2000), including Assistant Controller with UPRC, and then
worked as an accounting manager through the transition of UPRC into
Anadarko. Prior to UPRC, Anita was an auditor for five years with
Deloitte Haskins & Sells, now known as Deloitte. She is a graduate of
Texas A&M University and a CPA.
Mr. York's new role will include oversight of investor relations,
corporate communications and information technologies. Prior to his
appointment, Mr. York served as Vice President and Corporate
Controller for Hanover Compressor Company since April 2002.
Previously, he held various management positions with increasing
responsibility with Bank of America Corporation. He was a senior
accountant with KPMG Peat Marwick from 1979 to 1981. He is a graduate
of Baylor University and earned an MBA from Queens College.
"Anita and Stephen have distinguished themselves through their
leadership and success," said Lee Beckelman, Chief Financial Officer.
"Both individuals have led us through the transformation of the
company to a more disciplined financial process, to the Oracle(R)
Enterprise Planning System, and the establishment of a control
framework for Sarbanes-Oxley compliance."
About Hanover Compressor Company
Hanover Compressor Company (NYSE:HC) is a global market leader in
full service natural gas compression and a leading provider of
service, fabrication and equipment for oil and natural gas processing
and transportation applications. Hanover sells and rents this
equipment and provides complete operation and maintenance services,
including run-time guarantees for both customer-owned equipment and
its fleet of rental equipment. Founded in 1990 and a public company
since 1997, Hanover's customers include both major and independent oil
and gas producers and distributors as well as national oil and gas
companies. More information can be found on the Internet
(www.hanover-co.com).
SOURCE: Hanover Compressor Company
Hanover Compressor Company, Houston
Media Relations Inquiries:
Richard Goins, 832-554-4918
rbgoins@hanover-co.com
or
Investor Relations Inquiries:
Stephen York, 832-554-4856
syork@hanover-co.com