Limetree Bay Energy announced Monday that Steve Tompsett has been named chief financial officer, effective May 10. Tompsett will reportedly be responsible for all finance and accounting activities for the Company. Tompsett succeeds Forgan McIntosh, who has been with the company since its inception.
According to a release from the company, Tompsett has more than 20 years of finance experience with a focus on capital markets, financial planning, risk management, investor relations, and strategy. Most recently, he served as the chief financial officer for EagleClaw Midstream Ventures, a large-scale integrated midstream operator in the Delaware Basin, and during his extensive career has served as a financial leader for companies including Andeavor (formerly Tesoro) and J.P. Morgan. Tompsett earned a Master of Business Administration and a Bachelor of Science in Biology and Mathematics from the University of Texas at Austin.
“I am thrilled to welcome Steve to our leadership team,” said Jeff Rinker, Limetree Bay CEO. “I am confident that his expansive knowledge of financial operations will make him an immediate asset in helping to drive the Company’s financial strategy and performance.”
“I am excited to join Limetree Bay during this pivotal time,” said Tompsett. “With the recent completion of its restart project, the Company is well-positioned for success, and I look forward to working with the Limetree team to build on that momentum and deliver sustainable growth.”
Rinker added, “I would like to express my gratitude to Forgan for his significant contributions to the Company. His expertise in financial management was key in the transformation of Limetree into the energy center it is today, and we wish him well as he embarks on the next chapter of his career.”