Superior Energy Services Inc. President, CEO and Chairman of the Board Brian Moore is stepping down from his positions effective Aug. 19, the company announced Aug. 15.
David Lesar has been appointed to CEO and chairman of the board effective Aug. 19. Lesar has executive leadership experience at a number of energy companies, including Halliburton Co. and CenterPoint Energy Inc.
Superior’s board of directors also appointed James (“Jim”) Brown to president and COO. Brown was Halliburton’s Western Hemisphere president for over 10 years.
“Superior represents a unique platform to capitalize on both the opportunities as well as the challenges inherent in the sector,” Lesar said. “Jim and I look forward to working with the talented employees of Superior as we continue to strive to provide the best service possible to our customers.”
Recommended Reading
The ABCs of ABS: Financing Technique Shows Flexibility and Promise
2024-07-29 - As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.
Solaris Stock Jumps 40% On $200MM Acquisition of Distributed Power Provider
2024-07-11 - With the acquisition of distributed power provider Mobile Energy Rentals, oilfield services player Solaris sees opportunity to grow in industries outside of the oil patch—data centers, in particular.
Archrock Offers Common Stock to Help Pay for TOPS Transaction
2024-07-23 - Archrock, which agreed to buy Total Operations and Production Services (TOPS) in a cash-and-stock transaction, said it will offer 11 million shares of its common stock at $21 per share.
The ABCs of ABS: Financing Technique Shows Flexibility and Promise
2024-07-29 - As the number of ABS deals has grown, so have investors’ confidence with the asset and the types of deals they are willing to underwrite.
Cibolo Energy Closes Fund Aimed at Upstream, Midstream Growth
2024-09-10 - Cibolo Energy Management LLC closed its second fund, Cibolo Energy Partners II LP, meant to boost middle market upstream and midstream companies’ growth with development capital.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.