Energy XXI Gulf Coast gets new CFO
- Business & Finance
Energy XXI Gulf Coast, an oil and gas company focused on the U.S. Gulf of Mexico, has appointed Tiffany “T.J.” Thom as the company’s chief financial officer effective August 28, 2017.
The company said on Thursday that, due to Thom’s appointment, Hugh Menown resigned as executive vice president, chief accounting officer, and interim CFO to pursue other interests.
Menown has agreed to serve as an advisor to the company during a transition period.
Thom has more than 20 years of financial and operational experience in the energy industry, primarily offshore Gulf of Mexico operations. Most recently, she served as the CFO of KLR Energy Acquisition from January 2015 until April 2017, when it was combined with Tema Oil and Gas Company to form Rosehill Resources Inc.
Thom also served in positions of increasing responsibility for EPL Oil & Gas from October 2000 until its June 2014 acquisition by the predecessor of Energy XXI Gulf Coast. Her CV includes working for Exxon Production Company and ExxonMobil.
She was a member of the board of directors of Patterson-UTI Energy and Yates Petroleum Corporation. During her tenure as a Yates director, Energy XXI’s current president and CEO Douglas E. Brooks acted as the CEO of Yates.
Brooks said: “On behalf of our board of directors and the senior management team, we are extremely pleased to welcome T.J. as our CFO. Having worked with T.J. before when she served on the Yates board of directors, I have seen her talents, her breadth of knowledge about the oil and gas industry, and her commitment to strong corporate governance and controls.
“I would also like to thank Hugh for his valuable service to the company during his tenure here. For over 11 years, he has worked tirelessly in a number of key financial leadership roles and, most recently, was instrumental in facilitating the company’s emergence from restructuring. On behalf of all of us at EGC, we wish him well in his future endeavors.”