Gordon Huddleston began biannual corporate offsite strategy sessions so that Aethon Energy’s senior leadership could evaluate short- and long-term business strategies. Huddleston created the strategy sessions to address the challenge of narrowing “the focus on those items that will have the highest positive impact on the business,” adding that in the short term, Aethon is focused on its existing operating business and creating “a robust development program.” Maintaining existing relationships with institutional investors and fostering new ones is a strategic, long-term plan.
The firm, started by Gordon’s father, Albert Huddleston, is managing its second private equity fund for institutional investors, which includes new relationships such as Ontario Teachers’ Pension Plan and repeat investors such as Aegon N.V.
Quotable: “In a commodity business, it’s important to always keep in mind that our only real competitive advantage rests in our ability to be a low-marginal- cost player.”
Career path: Huddleston began his career as an investment banker, before joining his father in the leadership of Aethon Energy. Presently Huddleston serves as co-president and partner of Aethon.
Huddleston is on the Dallas Council of the Maguire Energy Institute at Southern Methodist University’s Cox School of Business. “The Maguire Energy Institute’s focus is growing our industry talent base by encouraging the study of management, marketing and policy issues related to the energy industry. It provides an opportunity for direct application of what is being taught in the classroom by building relationships with people actively working in the energy industry and its support systems.” Additionally, he sits on the board of the public company Veritex Bank.