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Natural Gas Services Group Chairman Emeritus Stephen Taylor To Retire From Board At 2026 Annual Meeting

Benzinga·01/27/2026 21:12:17
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Natural Gas Services Group, Inc. ("NGS" or the "Company"), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced that Stephen Taylor, Chairman Emeritus and member of the Board of Directors, has informed the Company that he will retire as a Director at the 2026 Annual Meeting of Shareholders and not stand for re-election to the Board. His retirement will conclude over two decades of extraordinary leadership and service to the Company.

Mr. Taylor served as Chief Executive Officer and Chairman of the Board for nearly 20 years, a period during which NGS experienced significant growth, developed new operational capabilities, and navigated multiple challenging business cycles. Under his leadership, the Company expanded its national footprint, broadened its equipment portfolio, and established a large horsepower fleet.

During his tenure, NGS transformed from a small compression fabricator into a large-scale rental compression platform serving major U.S. oil and gas basins. The Company's growth in fleet size, service infrastructure, and customer reach under Mr. Taylor's direction played a central role in positioning NGS as an industry leader.

In February 2024, Mr. Taylor completed a planned leadership transition by successfully passing the role of Chief Executive Officer to Justin Jacobs. Following that transition, he continued to serve as a director and acted as an important advisor to the new CEO during Mr. Jacobs' early tenure. In June 2025, he transitioned from Chairman of the Board to Chairman Emeritus, continuing to provide institutional knowledge and guidance.