CALGARY, ALBERTA–(Marketwired – Feb. 2, 2016) – Gibson Energy Inc. (“Gibsons” or the “Company”) (TSX:GEI) announced today that Sean Brown will be appointed Chief Financial Officer (CFO), effective March 2, 2016. Sean comes to Gibsons from BMO Capital Markets where he most recently held the title of Managing Director. Prior to his role at BMO Sean worked in the energy group of J. P. Morgan Securities in New York. Sean has deep expertise in the midstream energy infrastructure sector and has been building his knowledge of Gibsons since his involvement in the 2011 IPO process. Sean holds a Business Degree from Acadia University, an MBA from the Ivey School of Business and is a Chartered Financial Analyst.
As CFO, Sean will oversee the financial management of the company, investor relations, treasury, human resources, legal, corporate planning and development, and capital market financings.
“We are very pleased to have Sean join the Gibsons’ team,” said Stewart Hanlon, Gibsons’ President and Chief Executive Officer. “Sean’s strong financial and business acumen will help Gibsons build on the Company’s solid financial position, support our focus on capital discipline and assist with strategy execution.”
“I would like to thank Donald Fowlis, who will retire from the CFO role after twenty-three years of service to the company, for his many valuable contributions and for agreeing to stay on at Gibsons through an appropriate transition period,” continued Hanlon.
Gibsons is a large independent midstream energy company with operations across major producing regions throughout North America. Gibsons is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids, water, oilfield waste, and refined products. The Company transports energy products by utilizing its integrated network of terminals, pipelines, storage tanks, and trucks located throughout western Canada and through its significant truck transportation and injection station network in the United States. Gibsons also provides emulsion treating, water disposal and oilfield waste management services in Canada and the United States and is the second largest industrial propane distribution company in Canada. The Company’s integrated operations allow it to participate across the full midstream energy value chain, from the hydrocarbon producing regions in Canada and the United States, through the Company’s strategically located terminals in Hardisty and Edmonton, Alberta, and injection stations and small terminals in the United States, to the end user or refineries of North America.