Natural Gas Services Group, Inc. Announces the Appointment of Jean Holley to its Board of Directors
Natural Gas Services Group (NGS) has appointed Jean Holley to its Board of Directors, expanding the board from six to seven members effective November 1, 2024. Holley, currently serving on the boards of Herc Holdings and Accord Financial Corp, brings extensive experience as a former CIO and board director. Her expertise spans digital transformations, operational efficiency, M&A, and cybersecurity programs. The appointment aligns with NGS's strategy to grow its large horsepower rental fleet and expand its customer base. Holley will contribute to the company's technology infrastructure, cybersecurity programs, and data analytics capabilities.
Natural Gas Services Group (NGS) ha nominato Jean Holley nel suo Consiglio di Amministrazione, ampliando il consiglio da sei a sette membri a partire dal 1° novembre 2024. Holley, attualmente membro dei consigli di Herc Holdings e Accord Financial Corp, porta con sé una vasta esperienza come ex CIO e direttore di consiglio. La sua esperienza comprende trasformazioni digitali, efficienza operativa, fusioni e acquisizioni, e programmi di cybersicurezza. La nomina si allinea con la strategia di NGS di far crescere la sua flotta di noleggio ad alta potenza e di ampliare la propria base clienti. Holley contribuirà alle infrastrutture tecnologiche dell’azienda, ai programmi di cybersicurezza e alle capacità di analisi dei dati.
Natural Gas Services Group (NGS) ha nombrado a Jean Holley en su Junta Directiva, ampliando la junta de seis a siete miembros a partir del 1 de noviembre de 2024. Holley, que actualmente sirve en los consejos de Herc Holdings y Accord Financial Corp, aporta una amplia experiencia como ex CIO y directora de junta. Su experiencia abarca transformaciones digitales, eficiencia operativa, fusiones y adquisiciones, y programas de ciberseguridad. La nombramiento se alinea con la estrategia de NGS de aumentar su flota de alquiler de gran potencia y expandir su base de clientes. Holley contribuirá a la infraestructura tecnológica de la empresa, programas de ciberseguridad y capacidades de análisis de datos.
내추럴 가스 서비스 그룹 (NGS)는 2024년 11월 1일부터 이사회를 6명에서 7명으로 확대하기 위해 잔 홀리를 이사로 임명했습니다. 현재 헐크 홀딩스와 아코드 파이낸셜 코퍼레이션의 이사로 활동하고 있는 홀리는 전 CIO이자 이사로서 풍부한 경험을 제공합니다. 그녀의 전문 분야는 디지털 전환, 운영 효율성, 인수합병 및 사이버 보안 프로그램에 걸쳐 있습니다. 이번 임명은 NGS의 대형 동력량 렌탈 플릿을 성장시키고 고객 기반을 확장하려는 전략과 일치합니다. 홀리는 회사의 기술 인프라, 사이버 보안 프로그램 및 데이터 분석 능력에 기여할 것입니다.
Natural Gas Services Group (NGS) a nommé Jean Holley à son Conseil d'Administration, augmentant le conseil de six à sept membres à compter du 1er novembre 2024. Holley, actuellement membre des conseils d'administration d'Herc Holdings et d'Accord Financial Corp, apporte une vaste expérience en tant qu'ancienne CIO et directrice de conseil. Son expertise couvre les transformations numériques, l'efficacité opérationnelle, les fusions et acquisitions, et les programmes de cybersécurité. La nomination s'inscrit dans la stratégie de NGS de développer sa flotte de location à forte puissance et d'élargir sa base de clients. Holley contribuera à l'infrastructure technologique de l'entreprise, aux programmes de cybersécurité et aux capacités d'analyse de données.
Natural Gas Services Group (NGS) hat Jean Holley in seinen Vorstand berufen und erweitert diesen von sechs auf sieben Mitglieder, beginnend am 1. November 2024. Holley, die derzeit in den Vorständen von Herc Holdings und Accord Financial Corp sitzt, bringt umfassende Erfahrung als ehemalige CIO und Vorstandsmitglied ein. Ihr Fachwissen umfasst digitale Transformationen, operative Effizienz, Fusionen und Übernahmen sowie Cybersicherheitsprogramme. Die Ernennung steht im Einklang mit der Strategie von NGS, ihre große Mietflotte zu vergrößern und ihren Kundenstamm zu erweitern. Holley wird zur technologischen Infrastruktur, den Cybersicherheitsprogrammen und den Datenanalyse-Fähigkeiten des Unternehmens beitragen.
- Board expansion from 6 to 7 directors strengthens corporate governance
- Addition of director with relevant rental business model experience
- Strategic alignment with company's focus on large horsepower rental fleet growth
- None.
Midland, Texas, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE: NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, announced today that its Board of Directors has appointed Jean Holley as a Director, effective November 1, 2024. In connection with the appointment, the Company increased the size of its Board from six to seven directors.
“We are excited to welcome Jean to NGS’s Board of Directors,” stated Justin Jacobs, Chief Executive Officer of NGS. “Jean is an accomplished executive with significant expertise across a number of businesses and disciplines which we are confident will serve the Company well. She has served as CIO for several large global businesses and has led digital transformations, turnarounds, operational efficiency plans, M&A, and cybersecurity programs. Further, her role as an independent director and committee member of companies with a rental business model will add great value as we focus on growing our large horsepower rental fleet, expanding our customer base, and optimizing our operations. I look forward to Jean’s guidance and counsel as we work to create meaningful value for NGS shareholders.”
“I am excited for this opportunity as the Company embarks on such an important growth phase in its corporate evolution,” stated Ms. Holley. “I have been very impressed with NGS’s services, particularly the technology of their units and high levels of service provided to customers, as well as the commitment of the team in executing their large horsepower strategy. I hope to leverage my experience and provide value as it relates to NGS’s technology infrastructure, cybersecurity programs, and data analytic capabilities, all of which are essential in today’s business climate. I believe in NGS’s future and look forward to working with the board and management team to unlock value.”
“Jean’s addition to the Board of Directors of NGS adds talent that will enhance and support our long-term growth and success,” said Stephen Taylor, Chairman of the Board of NGS. “Her background, expertise and prior board service will blend well with the experience of our present board members. NGS has positioned itself well to execute on our vision and strategy, that being our continued expansion into the large horsepower, infrastructure portion of our industry. Quality additions to our board, like Jean, including expansion of the board to seven directors, support our continuing growth.”
Ms. Holley is a results-driven business executive with experience successfully leading companies as a Board Director, committee chair, and executive in a wide variety of industries. She is currently on the Board of Directors for Herc Holdings, Inc. (NYSE: HRI), a provider of equipment rentals and services, where she serves as Chairperson of the Compensation and a member of the Nominating and Governance committee. She is also a Board Director for Accord Financial Corp. (TSE: ACD), a leading commercial finance company, and is Chairperson of the Compensation Committee. Previously, Ms. Holley served as Board Director for OneSpan, Inc. (NASDAQ: OSPN), a global provider of enterprise-wide security solutions, also serving as Chairperson of the Nominating and Governance Committee. She has held the title of CIO for several global businesses, and was responsible for all aspects of IT operations, technical services and support, technology trends, and industry futures, including big data/analytics, cybersecurity, digital strategies, and disruptive technologies. Ms. Holley's numerous accolades include "Georgia CIO of the Year," and Chicago’s Spotlight Award. She was listed by ComputerWorld as a top CIO, and she was inducted into the Women in Science & Engineering Hall of Fame. Ms. Holley holds a BS from Missouri University of Science & Technology and an MS from Illinois Institute of Technology.
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 a fabrication facility located in Tulsa, Oklahoma, a rebuild shop located in 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.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements involve a wide variety of risks and uncertainties, and include, without limitations, statements with respect to the Company’s strategy and prospects. Such statements are subject to certain risks and uncertainties which are disclosed in the Company’s reports filed with the SEC, including its Form 10-K for the fiscal year ended December 31, 2023 and its other filings with the SEC. Readers and investors are cautioned that the Company’s actual results may differ materially from those described in the forward-looking statements due to a number of factors, including, but not limited to, fundamentals of the compression industry and related oil and gas industry, compressor demand assumptions, overall industry outlook, the ability of the Company to capitalize on any potential opportunities and general economic conditions.
For More Information, Contact:
Anna Delgado, Investor Relations
(432) 262-2700
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