Superior Energy Services Enhances Leadership with New CFO
Superior Energy Services Welcomes a New Vice President
Superior Energy Services, Inc. has taken a significant step in fortifying its financial leadership by appointing Josh Shapiro as the Vice President of Treasury and FP&A. This strategic move reflects the company's commitment to excellence in the energy services sector.
Expertise in Oilfield Services and Finance
Josh Shapiro arrives at Superior with an impressive background of over 15 years in both oilfield services and investment banking. His wealth of experience is expected to play a pivotal role in advancing the company's financial initiatives, particularly in areas such as mergers and acquisitions (M&A) and capital markets.
Josh Shapiro's Career Journey
Before joining Superior Energy Services, Shapiro was the Chief Financial Officer at Alpine Silica, where he adeptly managed the company's financial strategy and developed key relationships with senior lenders. His extensive experience also encompasses leadership roles at Enchanted Rock and various positions within U.S. Well Services, including CFO.
A Track Record of Success
Josh's background in investment banking, which includes roles at prominent firms like Piper Sandler & Co., FBR & Co., and RBC Capital Markets, adds significant value to his new role at Superior. His financial acumen is expected to help navigate the complex landscape of financial management and strategy integration.
Optimizing Financial Strategies
The Chairman and CEO of Superior Energy Services, Dave Lesar, expressed confidence in Shapiro's abilities, stating, "Josh's extensive financial expertise in the energy services sector will be invaluable as we continue to execute our strategic growth initiatives and drive value for our shareholders." His proven capabilities in M&A and banking relationships surely make him a valuable asset to the leadership team.
Educational Background
Shapiro earned an MBA from Northwestern University's Kellogg School of Management along with a BSBA in Finance from Georgetown University, underscoring his robust foundation in financial principles and practices.
About Superior Energy Services
Superior Energy Services provides a comprehensive array of services catering to the drilling, completion, and production needs of oil and gas companies. Its diverse portfolio of specialized oilfield services and equipment is crucial during all phases of the oil and gas well lifecycle. The company operates extensively within North America, both on land and offshore, and maintains a presence in around 47 countries worldwide, cementing its status in the global market.
Frequently Asked Questions
What role has Josh Shapiro taken on at Superior Energy Services?
Josh Shapiro has been appointed as the Vice President of Treasury and FP&A, focusing on strategic growth and financial management.
What experience does Josh Shapiro bring to the company?
Shapiro has over 15 years of experience in oilfield services and investment banking, including leadership roles at several energy firms.
How will Shapiro's appointment benefit Superior Energy Services?
His financial expertise and experience in M&A and capital markets will enhance the company's growth strategies and shareholder value.
What educational background does Josh Shapiro have?
Shapiro holds an MBA from the Kellogg School of Management and a BSBA in Finance from Georgetown University.
What services does Superior Energy Services provide?
The company offers a comprehensive range of oilfield services, equipment, and solutions for drilling, completion, and production needs.
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