HOUSTON--(BUSINESS WIRE)--Sep. 15, 2014--
Exterran Holdings, Inc. (NYSE:EXH) today announced the appointment of
Jon C. Biro as Senior Vice President and Chief Financial Officer,
effective on Sept. 22, 2014. Biro most recently served as Executive Vice
President and Chief Financial Officer of Consolidated Graphics, Inc., an
international commercial printer previously listed on the New York Stock
Exchange, until its acquisition by R.R. Donnelley & Sons Company earlier
this year.
Prior to joining Consolidated Graphics in 2008, Biro held several
executive positions with ICO, Inc., an international oilfield services
and specialty polymers business previously traded on Nasdaq. He was
Chief Financial Officer and Treasurer of ICO from 2002 to 2008 and
served as its Interim Chief Executive Officer from July 2003 to February
2004. Biro was also a member of the ICO board of directors from 2003 to
2008.
“Jon brings extensive experience as a public-company financial
executive,” said Brad Childers, Exterran’s President and Chief Executive
Officer, “and he is well positioned to help lead our efforts to drive
performance improvement, growth and shareholder value.”
Prior to being named Chief Financial Officer of ICO, Inc., Biro served
as ICO’s Senior Vice President, Chief Accounting Officer and Treasurer.
He began his career with ICO in 1994, as Controller. Prior to his
employment with ICO, Biro was employed by PriceWaterhouse Coopers LLP.
“I’m excited to step into this role and look forward to working closely
with Exterran’s management team,” Biro said. “I am ready to continue the
company’s strong financial discipline and focus on delivering value to
our investors.”
About Exterran Holdings
Exterran Holdings, Inc. is a global market leader in full service
natural gas compression and a premier provider of operations,
maintenance, service and equipment for oil and gas production,
processing and transportation applications. Exterran Holdings serves
customers across the energy spectrum – from producers to transporters to
processors to storage owners. Headquartered in Houston, Texas, Exterran
has approximately 10,000 employees and operates in approximately 30
countries. Exterran Holdings owns an equity interest, including all of
the general partner interest, in Exterran Partners, L.P. (NASDAQ: EXLP),
a master limited partnership, the leading provider of natural gas
contract compression services to customers throughout the United States.
For more information, visit www.exterran.com.
Forward-Looking Statements
All statements in this release (and oral statements made regarding the
subjects of this release) other than historical facts are
forward-looking statements within the meaning of Section 21E of the
Securities Exchange Act of 1934, as amended. These forward-looking
statements rely on a number of assumptions concerning future events and
are subject to a number of uncertainties and factors, many of which are
outside Exterran Holdings’ control, which could cause actual results to
differ materially from such statements. Forward-looking information
includes, but is not limited to: Exterran Holdings’ financial and
operational strategies and ability to successfully effect those
strategies; Exterran Holdings’ expectations regarding future economic
and market conditions; Exterran Holdings’ financial and operational
outlook and ability to fulfill that outlook; and demand for Exterran
Holdings’ products and services and growth opportunities for those
products and services.
While Exterran Holdings believes that the assumptions concerning future
events are reasonable, it cautions that there are inherent difficulties
in predicting certain important factors that could impact the future
performance or results of its business. Among the factors that could
cause results to differ materially from those indicated by such
forward-looking statements are: local, regional, national and
international economic conditions and the impact they may have on
Exterran Holdings and its customers; changes in tax laws that impact
master limited partnerships; conditions in the oil and gas industry,
including a sustained decrease in the level of supply or demand for oil
or natural gas or a sustained decrease in the price of oil or natural
gas; Exterran Holdings’ ability to timely and cost-effectively execute
larger projects; changes in political or economic conditions in key
operating markets, including international markets; any non-performance
by third parties of their contractual obligations; changes in safety,
health, environmental and other regulations; and the performance of
Exterran Partners.
These forward-looking statements are also affected by the risk factors,
forward-looking statements and challenges and uncertainties described in
Exterran Holdings’ Annual Report on Form 10-K for the year ended
December 31, 2013, and those set forth from time to time in Exterran
Holdings’ filings with the Securities and Exchange Commission, which are
available at www.exterran.com.
Except as required by law, Exterran Holdings expressly disclaims any
intention or obligation to revise or update any forward-looking
statements whether as a result of new information, future events or
otherwise.
Source: Exterran Holdings, Inc.
Exterran Holdings, Inc.
Media
Susan Moore, 281-836-7398
or
Investors
David
Oatman, 281-836-7035
or
David Miller, 281-836-7895