Ex-Shell manager becomes new Talos CFO

Houston-based oil and gas player Talos Energy has named a new Chief Financial Officer (CFO), after its current one decided to step down from the role.

Talos Energy has appointed Sergio L. Maiworm Jr. as its new CFO and Senior Vice President, effective from 1 July 2023, to replace Shannon E. Young III, who has accepted a similar role with an undisclosed independent E&P company. Maiworm, who joined Talos in 2018, most recently served as Vice President – Finance, Investor Relations and Treasurer.

Timothy S. Duncan, Talos’ President and Chief Executive Officer, commented: “Talos has always developed dynamic, talented leaders in the industry. Sergio brings significant experience, knowledge and expertise in finance, treasury, investor relations and accounting and a deep understanding of our business to position him well to take on the role of CFO. Shane has been an invaluable member of Talos’s leadership team as we have grown the company. We wish him the very best in his next endeavour.”

Moreover, Maiworm earned a B.S. in Business Administration from the Pontificia Universidade Catolica do Rio de Janeiro and an M.B.A. from the McCombs School of Business at the University of Texas at Austin. He is also a graduate of Harvard Business School’s General Management Programme.

According to the U.S. player, Maiworm, who brings over 20 years of energy and finance experience to the role of CFO, previously served as an energy investment banker at Deutsche Bank, as a manager in the Mergers & Acquisitions group of Royal Dutch Shell, in various accounting and finance roles at Transocean, and began his career in the audit practice at Deloitte & Touche.

While advancing Pemex-operated Zama development towards FID, Talos Energy recently made arrangements with Zamajal, a wholly owned subsidiary of the Mexico-headquartered Grupo Carso conglomerate, to divest a partial stake in its subsidiary, Talos Mexico, which holds an interest in this oil field off Mexico.