Western Midstream SVP/Chief Commercial Officer Bourne to retire effective March 3, 2025

Western Midstream Operating, LP

Robert W. Bourne steps down as SVP and Chief Commercial Officer on March 3, 2025, remaining as advisor.
Post-retirement, Bourne to serve as consultant for six months at $77,250/month.
Receives pro rata 2025 bonus, accelerated equity vesting, new $2.1M time-vested and $500K performance awards.
Non-compete and non-solicitation covenants extend two years after retirement date.
Retirement agreement includes general release of claims and supplemental release.

item 5.02

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Departed

Robert W. Bourne

Senior Vice President and Chief Commercial Officer

Western Midstream Operating, LP

Effective: 2025-03-03
Filed: February 18, 2025, 6:59 PM ET

On February 18, 2025, Robert W. Bourne, Senior Vice President and Chief Commercial Officer of Western Midstream Holdings, LLC (“WES GP”), the general partner of Western Midstream Partners, LP (“WES”), which owns Western Midstream Operating GP, LLC (the “General Partner”), the general partner of Western Midstream Operating, LP (the “Partnership”), entered into a Retirement Agreement and General Release (the “Retirement Agreement”) with WES.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Robert W. Bourne retired as Senior Vice President and Chief Commercial Officer at Western Midstream Operating, LP.

Action: retired
Role: Senior Vice President and Chief Commercial Officer

Exact text from the filing

On February 18, 2025, Robert W. Bourne, Senior Vice President and Chief Commercial Officer of Western Midstream Holdings, LLC (“WES GP”), the general partner of Western Midstream Partners, LP (“WES”), which owns Western Midstream Operating GP, LLC (the “General Partner”), the general partner of Western Midstream Operating, LP (the “Partnership”), entered into a Retirement Agreement and General Release (the “Retirement Agreement”) with WES.

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Source: SEC EDGAR

accession 0001414475-25-000005

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