Magnolia Oil & Gasoline Corp. has appointed R. Lewis Ropp to its board as an unbiased director with fast impact. The corporate mentioned in a media launch that Ropp may even function a member of the Audit Committee.
“Lewis’s robust background in finance, capital markets, and funding administration in addition to his expertise in oil and gasoline operations and engineering present beneficial abilities to Magnolia’s board”, Dan Smith, Chairman of the board, mentioned. “We look ahead to Lewis becoming a member of our board and sharing his distinctive perspective gained from having labored in administration positions in each the oil service business and for a serious built-in oil firm, in addition to his experience in security and environmental compliance within the vitality business”.
Starting his profession in 1981, Ropp labored in operations administration at The Hargett Firms (later acquired by Weatherford Inc.) and as an affiliate challenge engineer at Baker Hughes Co. From 1990 to 1997, he was a course of crew chief at Shell Oil Co., overseeing discipline growth and analysis, well-stimulation and workover operations, financial evaluation, and completion design, Magnolia mentioned.
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He then transitioned to the monetary sector, working as a analysis analyst protecting exploration and manufacturing corporations at Howard, Weil, Labouisse, Freidrichs Inc., and later at Frost Securities Inc., Magnolia famous.
From October 2001 till his retirement in June 2024, Ropp served as a Senior Managing Director and Senior Fairness Associate at Barrow Hanley International Buyers, a diversified funding administration agency, the place his duties included lead fairness portfolio administration, technique growth, new enterprise acquisition, advertising, and shopper service, Magnolia mentioned.
Since 2024, Ropp served on the advisory board of Gasology LLC, a personal equity-backed vitality expertise firm. He additionally served on the board of trustees of SAMS, USA (2007-2024), the board of administrators of Leukemia Texas (2009-2024), and the board of Texas Water Mission (2010-2016),. Magnolia mentioned.
To contact the writer, e mail andreson.n.paul@gmail.com
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