DENVER, April 18, 2017 /PRNewswire/ -- Antero Midstream Partners LP (NYSE: AM) ("Antero Midstream" or the "Partnership") today announced that John C. Mollenkopf has been appointed to the board of directors of Antero Midstream Partners GP LLC, the general partner of Antero Midstream (the "Board").
Appointment of John C. Mollenkopf to the Board of Directors
Mr. Mollenkopf retired from MPLX, L.P. (NYSE: MPLX) in October 2016. He previously served MPLX as Executive Vice President and Chief Operating Officer, MarkWest operations, from December 2015 through September 2016 following the merger of MPLX and MarkWest Energy Partners, L.P. ("MarkWest Energy Partners"). From 2011 through 2015, he served as Executive Vice President and Chief Operating Officer of MarkWest Energy Partners. Between 2002 and 2011, Mr. Mollenkopf served MarkWest Energy Partners as Vice President – Business Development, Senior Vice President – Southwest Business Unit, Senior Vice President and Chief Operations Officer, Senior Vice President and Chief Operating Officer. Mr. Mollenkopf holds a Bachelor of Science degree in mechanical engineering from the University of Colorado at Boulder 1983. He serves on the Engineering Advisory Council for the college of engineering at the University of Colorado at Boulder.
The Board has determined that John C. Mollenkopf qualifies as an independent director under the director independence standards set forth in the rules and regulations of the Securities and Exchange Commission and the applicable listing standards of the New York Stock Exchange ("NYSE").
Paul M. Rady, Chairman and CEO of Antero Midstream commented, "We are very excited to announce the addition of John to the board of directors. We have known and worked with John for many years in his various roles with MarkWest and MPLX. He has a deep knowledge of and expertise in midstream operations and business development, particularly in the Northeast, and will be a valuable asset for Antero Midstream and its unitholders."
Conditional Resignation of Brooks J. Klimley from the Board of Directors
In connection with the proposed offering of Common Shares representing limited partner interests ("Common Shares") in Antero Midstream GP LP ("AMGP"), effective as of and conditioned upon the listing of the Common Shares on the NYSE and his appointment to the board of directors of AMGP GP LLC, a Delaware limited liability company that will serve as general partner of AMGP, Brooks J. Klimley resigned as a member of the Board. If the Common Shares are not listed on the NYSE, Mr. Klimley will remain a member of the Board of Antero Midstream. This resignation was not the result of any disagreements with the Partnership regarding any matter related to its operations, policies, practices or otherwise.
Antero Midstream is a limited partnership that owns, operates and develops midstream gathering, compression, processing and fractionation assets as well as integrated water assets that primarily service Antero Resources' properties located in West Virginia and Ohio.
For more information, contact Michael Kennedy – CFO of Antero Midstream at (303) 357-6782 or email@example.com.
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SOURCE Antero Midstream Partners LP