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Friday, 6 January 2017

Calumet Specialty appoints new EVP, chief financial officer

INDIANAPOLIS, US: Calumet Specialty Products Partners LP has named longtime energy industry professional West Griffin as the company's executive VP & chief financial officer (CFO).
Griffin brings with him over 30 years of industry experience where he has served in executive management roles for a number of high profile energy-related corporations. As CFO, he will be responsible for executing Calumet's ongoing deleveraging strategy, as well as all financing and capital markets activities. He will also be charged with managing the company's balance sheet and improving upon its financial planning capabilities.
Griffin joins Calumet from Energy XXI, a publicly listed energy E&P company where he was one of the three founders and also served as CFO from 2005 to 2014. Throughout his tenure with Energy XXI, Griffin employed his extensive background in debt refinancing and capital markets solutions to oversee the refinancing of the firm's capital structure and numerous growth-oriented acquisitions.
In addition, the company also announced that Patrick Murray, the company's former CFO, will serve in the new position of VP & chief accounting officer (CAO) at Calumet. This new leadership position will be responsible for further developing key organisational functions including all accounting, IT, and external reporting.
“West's deep energy experience and history of navigating numerous energy cycles make him a perfect fit for Calumet at this time. West's significant capital markets and corporate transformation background will help drive Calumet's strategy to both deliver the business in the near-term and to grow the partnership over the long-term, as we reposition Calumet as the premier producer of speciality petroleum products. We are very excited to welcome West to our growing leadership team and look forward to working with him,” said Timothy Go, CEO.
© Worldofchemicals News
Read More: Calumet Specialty appoints new EVP, chief financial officer

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