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
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
As previously announced, James P. Geraghty, Vice President, Operations Finance of Enviva Partners GP, LLC (the “General Partner”), began transitioning the portion of his role relating to day-to-day oversight of Enviva Partners, LP’s (the “Partnership”) accounting function to the General Partner’s Corporate Controller in November2018. The Corporate Controller reports to Shai Even, Executive Vice President and Chief Financial Officer of the General Partner and principal financial officer of the Partnership. This transition process was completed on March5, 2019 and Mr.Even assumed the additional role of principal accounting officer of the Partnership on such date. Information regarding the business experience of, and compensation arrangements for, Mr.Even is included in the Partnership’s Annual Report on Form10-K for the year ended December31, 2018 as filed with the Securities and Exchange Commission on March4,2019.
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.