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Western Midstream Partners Announces Leadership Transition

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Western Midstream Partners Announces Leadership Transition

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Western Midstream Partners ( (WES) ) has issued an announcement.

On February 18, 2025, Robert W. Bourne, Senior Vice President and Chief Commercial Officer of Western Midstream Holdings, LLC, entered into a Retirement Agreement with Western Midstream Partners, LP, under which he will transition to an advisory role until March 3, 2025, and then serve as a consultant for six months. The agreement outlines various retirement benefits, including pro rata bonuses, equity vesting, and participation in benefit plans, along with confidentiality and non-compete clauses, potentially impacting stakeholder interests and company operations.

More about Western Midstream Partners

Western Midstream Partners, LP is involved in the energy industry, focusing on gathering, processing, and transporting natural gas and crude oil. The company aims to serve producers and deliver energy products efficiently.

YTD Price Performance: 7.89%

Average Trading Volume: 1,239,020

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $15.44B

Find detailed analytics on WES stock on TipRanks’ Stock Analysis page.

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