Crestone Peak Resources named Roger Huang, currently a member of the company’s board, as its executive vice president and chief development officer, the Denver-based company said June 12.
The appointment of Huang, who has more than 14 years of experience in the oil and gas industry in private equity, industry and investment banking, will complete the Denver-Julesburg Basin producer’s executive team. As a result, Huang stepped down from his previous role on the company’s board.
Additionally, James Trimble, who recently led Stone Energy Corp. as interim CEO and president through the company’s merger with Talos Energy Inc. (NYSE: TALO), was appointed as chairman of Crestone’s board of directors. Crestone’s previous chairman, Avik Dey, will transition to a director role on the board joining current board directors Benita Warmbold, Carl Peterson and John Crum.
“Since Crestone’s inception in July 2016, our team has had an eye on the future and a goal of attracting and retaining our industry’s most talented, forward-thinking professionals,” Tony Buchanon, Crestone’s president and CEO, said in a statement. “The addition of Roger to the executive team and Jim’s appointment as chairman, reflects our intent to be a leading operator and acquirer in the Rocky Mountain region.”
Huang joins Crestone from the Canada Pension Plan Investment Board (CPPIB), where he served as a principal in the group’s natural resources group. He was CPPIB’s first hire after its inception and helped start the group’s New York office and grow assets under management to $6.1 billion, according to the Crestone press release.
During this time, Huang also founded and led CPPIB’s investment into Crestone and served on the company’s board.
Before joining CPPIB, Huang served as vice president at First Reserve in the Hong Kong and Houston offices and started his career in investment banking for Banc of America Securities LLC.
Prior to Stone, Trimble served as CEO and president of PDC Energy Inc. (NASDAQ: PDCE) and was a member of its board. He has also held senior management positions at both public and private independent oil and gas companies, including CEO of Grand Gulf Energy Co. LLC, Elysium Energy, TexCal Energy, Cabot Oil and Gas Corp. (NYSE: COG).
Trimble currently serves on the board of directors of Callon Petroleum Co. (NYSE: CPE) and Seisgen Exploration, and formerly served on Blue Dolphin Energy’s board.
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