|TEPPCO Partners, L.P. Names William G. Manias Chief Financial Officer|
HOUSTON--(BUSINESS WIRE)--Jan. 13, 2006--Texas Eastern Products Pipeline Company, LLC, the general partner of TEPPCO Partners, L.P. (NYSE:TPP), announced today that William G. Manias has joined the company as chief financial officer (CFO), effective Jan. 13, 2006. In this role, he will serve as the principal financial and accounting officer of the company.
"I am pleased to announce Bill's appointment as TEPPCO's chief financial officer," said Lee W. Marshall, Sr., acting chief executive officer of the general partner of TEPPCO. "His strong financial background and experience, together with his knowledge of the pipeline industry, will be a tremendous asset as we continue to grow the Partnership."
Manias comes to TEPPCO from Enterprise Products Partners L.P., where he served as vice president of Corporate Development from October 2004 to January 2006. From February 2004 to October 2004, he was CFO of GulfTerra Energy Partners, L.P. Manias also served as vice president, Business Development and Strategic Planning for El Paso Field Services from October 2001 to February 2004. Prior to joining El Paso Field Services, he held various positions with J.P. Morgan from 1992 to 2001.
Manias holds a bachelor of science degree in Civil Engineering from Princeton University, a master of science degree in Petroleum Engineering from Louisiana State University and a master's degree in Business Administration from Rice University.
TEPPCO Partners, L.P. is a publicly traded partnership, which conducts business through various subsidiary operating companies. TEPPCO owns and operates one of the largest common carrier pipelines of refined petroleum products and liquefied petroleum gases in the United States; owns and operates petrochemical and natural gas liquid pipelines; is engaged in crude oil transportation, storage, gathering and marketing; owns and operates natural gas gathering systems; and owns 50-percent interests in Seaway Crude Pipeline Company, Centennial Pipeline LLC and Mont Belvieu Storage Partners, L.P., and an undivided ownership interest in the Basin Pipeline. Texas Eastern Products Pipeline Company, LLC, a wholly owned subsidiary of DFI GP Holdings L.P. (a privately owned partnership indirectly controlled by Dan L. Duncan), is the general partner of TEPPCO Partners, L.P. For more information, visit TEPPCO's Web site at www.teppco.com.
CONTACT: TEPPCO Partners, L.P., Houston
SOURCE: TEPPCO Partners, L.P.