Enviva Partners, LP (NYSE:EVA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

ME Staff 8-k

6 years ago

Enviva Partners, LP (NYSE:EVA) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November26, 2018, James P. Geraghty, the Vice President, Operations Finance of Enviva Partners GP, LLC (the “General Partner”) and principal accounting officer of Enviva Partners, LP (the “Partnership”), began transitioning the portion of his role relating to day-to-day oversight of the Partnership’s accounting function to the General Partner’s Corporate Controller in order to focus on the Partnership’s operational financial matters, including those relating to production, sales, marketing, and procurement. The Corporate Controller currently reports to Shai Even, the Executive Vice President and Chief Financial Officer of the General Partner and the Partnership’s principal financial officer. Upon the completion of this transition process, which is expected to occur in 2019, Mr.Even will assume the additional role of principal accounting officer of the Partnership.

About Enviva Partners, LP (NYSE:EVA)
Enviva Partners, LP is a producer of wood pellets. The Company, through its interests in Enviva, LP and Enviva GP, LLC, supplies utility-grade wood pellets to power generators under long-term, take-or-pay off-take contracts. The Company procures wood fiber and processes it into utility-grade wood pellets. The Company loads the finished wood pellets into railcars, trucks and barges that are transported to deep-water marine terminals, where they are received, stored and ultimately loaded onto oceangoing vessels for transport to its Northern European customers. The Company owns and operates approximately six production plants in the Southeastern United States that have a combined wood pellet production capacity of approximately 2.3 million metric tons per year (MTPY). Wood pellets are exported from a deep-water marine terminal in Chesapeake, Virginia and from third-party deep-water marine terminals in Mobile, Alabama and Panama City, Florida under long-term contracts.