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Cobalt International Energy Inc (CIE.N)

CIE.N on New York Stock Exchange

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23 Jun 2017
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Summary

Name Age Since Current Position

William Utt

60 2016 Non-Executive Chairman of the Board

Timothy Cutt

56 2016 Chief Executive Officer, Director

David Powell

58 2016 Chief Financial Officer

Rodney Skaufel

54 2016 President, Operations

Jeffrey Starzec

40 2015 Executive Vice President, General Counsel, Corporate Secretary

Richard Smith

57 2016 Senior Vice President, Strategy and Business Development

Jack Golden

68 2010 Independent Director

John Hagale

60 2016 Independent Director

Kay Hutchison

73 2013 Independent Director

Jon Marshall

65 2010 Independent Director

Kenneth Moore

47 2011 Independent Director

Myles Scoggins

69 2010 Independent Director

D. Jeff van Steenbergen

61 2005 Independent Director

Martin Young

63 2009 Independent Director

Biographies

Name Description

William Utt

Mr. William P. Utt is Non-Executive Chairman of the Board of the Company. Mr. Utt currently serves as our Non-executive Chairman of the Board. Mr. Utt also serves on the Board of Directors of Teekay Corporation, an international crude oil and gas marine transportation services company, and effective as of June 15, 2017 will become its Chairman. Prior to his retirement in 2014, Mr. Utt was the Chairman, President and Chief Executive Officer of KBR, Inc. Prior to joining KBR in 2006, Mr. Utt was President and CEO of SUEZ Energy North America and its predecessor companies from 1995 to 2006, with responsibility for the LNG, retail energy, energy marketing and trading, power generation and development businesses. Mr. Utt holds a B.S. and an M.E. in mechanical engineering from the University of Virginia and has an M.B.A. from, and is also currently an adjunct lecturer for, The Colgate Darden Graduate School of Business Administration at the University of Virginia. Mr. Utt brings extensive experience in the energy sector to our Board, including his prior service as the Chairman and Chief Executive Officer of KBR, Inc., a NYSE-listed public company.

Timothy Cutt

Mr. Timothy J. Cutt is appointed as Chief Executive Officer, Director of the Company. Prior to joining Cobalt, Mr. Cutt served as President, Petroleum of BHP Billiton, accountable for its global oil and gas business from July 2013 until March 2016. Prior to being appointed President, Petroleum of BHP, Mr. Cutt served as BHP’s President, Diamonds and Specialty Products from 2011 to 2013 and BHP’s President of Production Division in the Petroleum business from 2007 to 2011. Before joining BHP Billiton, Mr. Cutt held positions in engineering, operations and senior management for 24 years with Mobil Oil Corporation and then ExxonMobil. During this time he spent 10 years supporting exploration and production activities in the Gulf of Mexico and held positions of President Hibernia Management and Development Co. and President of ExxonMobil de Venezuela. Mr. Cutt has a Bachelor of Science Degree in Petroleum Engineering from Louisiana Tech University. With over 30 years of experience in the oil and gas exploration and production industry, including in senior management positions, Mr. Cutt brings to our Board a strong financial, technical and operational background and expertise in issues relating to exploration and production activities.

David Powell

Mr. David D. Powell is Chief Financial Officer of the Company. Mr. Powell has more than 35 years of experience in the oil and natural gas industry. He previously served as Chief Financial Officer for BHP Billiton – Petroleum and was accountable for all finance, accounting, commercial assurance, supply chain and information technology activities from March 2009 until May 2016. Mr. Powell joined BHP Billiton from Occidental Oil and Gas Corporation where he served as Vice President Houston Finance from November 2007 to February 2009. Mr. Powell began his employment with Occidental Oil and Gas Corporation in 1981 and held progressively more senior roles in the United States, Argentina, Russia, Malaysia and Qatar until he joined BHP Billiton - Petroleum. Mr. Powell started his career in 1980 with the public accounting firm Deloitte, Haskins and Sells. Mr. Powell holds a Bachelor of Science in Accounting, graduating summa cum laude from William Jewell College, he completed the Advanced Management Program at the Harvard Business School and he holds a Certified Public Accountant certificate from the state of Missouri.

Rodney Skaufel

Mr. Rodney M. Skaufel is President, Operations of the Company. Mr. Skaufel has more than 30 years of experience in the oil and natural gas industry and brings deep technical capability and strategic focus. Prior to joining Cobalt, Mr. Skaufel served as Head of Strategic Planning, Corporation for BHP Billiton and was the head of strategic planning, value management and the investment office. Mr. Skaufel joined BHP Billiton in 2007 and, prior to his promotion to his most recent position there, he served as President, North America Shale from 2013 to 2015. Prior to that, in 2012 he held the title of President, Conventional Business. He also led BHP Billiton’s engineering function and Central Engineering organization comprised of subject matter experts in deepwater floating systems including subsea, subsurface, and umbilicals. Mr. Skaufel joined BHP Billiton from ExxonMobil where he served as Technical Operations Manager – Chad–Cameroon from 2003 to 2007 and Planning Advisor from 2000 to 2003. Mr. Skaufel began his career in 1985 with Mobil Oil Corporation and held progressively more senior roles until he joined ExxonMobil. Mr. Skaufel holds a Bachelor of Science in Petroleum Engineering from the Colorado School of Mines.

Jeffrey Starzec

Mr. Jeffrey A. Starzec is the Executive Vice President, General Counsel and Corporate Secretary of Cobalt International Energy Inc. Mr. Starzec also serves as our Corporate Secretary. Mr. Starzec served as our Senior Vice President and General Counsel from January 2012 to February 2015. From June 2009 until December 2011, Mr. Starzec served as our Associate General Counsel and Corporate Secretary. Prior to joining Cobalt, Mr. Starzec practiced corporate and securities law at Vinson & Elkins LLP from 2006 until 2009, where he represented a variety of energy companies, including Cobalt in connection with its strategic alliance with Total in the U.S. Gulf of Mexico. Mr. Starzec began his legal career at Baker Botts LLP and holds a Bachelor of Science in Economics from Duke University and a J.D. from Harvard Law School.

Richard Smith

Mr. Richard Anthony Smith is Senior Vice President, Strategy and Business Development of Cobalt International Energy, Inc. Mr. Smith previously served as Senior Vice President from September 2014 until July 2016. Prior to that, Mr. Smith served as Senior Vice President and President of Cobalt Angola from November 2013 to September 2014. Mr. Smith served as Vice President, Investor Relations, Compliance and Risk Management from December 2012 until November 2013. Before that, Mr. Smith served as Vice President, Investor Relations and Planning from October 2011 until December 2012. Mr. Smith served as Vice President, International Business Development, Commercial and Finance from September 2010 until October 2011. From October 2007 until September 2010, Mr. Smith served as our Vice President, International. Mr. Smith has over 34 years of oil and natural gas industry experience in North American and international markets. Prior to joining Cobalt, from September 2005 to September 2007, Mr. Smith was Vice President, Joint Venture Development Corporate Affairs for the BP Russia Offshore Strategic Performance Unit, an oil and natural gas exploration and production unit of BP. From February 2002 to August 2005, he held the position of Vice President and then Executive Director for BP Exploration (Angola) Limited, an oil and natural gas exploration and production company operating in Angola. Mr. Smith’s additional industry experience includes leadership positions at various companies in the oil and natural gas industry operating in Azerbaijan, Georgia, Turkey, the United Kingdom, the United States and Canada. Mr. Smith holds a Bachelor of Commerce from the University of Calgary.

Jack Golden

Dr. Jack E. Golden is Independent Director of the Company. Dr. Golden joined Shell in 1977 and later BP in 1982. He held numerous executive positions in North America, including President of BP’s North American E&P business. For much of his last decade with BP, he served as Group Vice President – Exploration and Production. During this period, he was involved with the development and operation of BP’s business in North America, Europe, South America, West Africa and Russia. Dr. Golden retired from BP at the beginning of 2006. He is currently Managing Director of Edgewater Energy LLC, a Texas based oil and gas company and serves on the Board of Sand Hill Petroleum B.V., an Amsterdam based oil and gas company, and of Atwood Oceanics, Inc., a public offshore drilling company. Dr. Golden is also President of Four Winds Consulting LLC, which served as advisor to the Board from March 2007 until December 2009. Dr. Golden holds a PhD in Physics. Dr. Golden brings over 20 years of public company oil and gas exploration and production management experience to our Board.

John Hagale

Mr. John E. Hagale is Independent Director of the Company. Mr. Hagale has been a member of the Board since March 2016 and serves on our Audit Committee. Mr. Hagale served as Executive Vice President and Chief Financial Officer of Rosetta Resources Inc. from November 2011 until its merger with Noble Energy, Inc. in July 2015. Prior to joining Rosetta, Mr. Hagale was Executive Vice President, Chief Financial Officer and Chief Administrative Officer of The Methodist Hospital System from June 2003 through October 2011. He was also employed with Burlington Resources Inc. and its predecessor Burlington Northern Inc. for 15 years where he held a series of executive financial positions with increasing responsibilities, including Executive Vice President and Chief Financial Officer of Burlington Resources Inc. Mr. Hagale began his career with Deloitte Haskins and Sells. Mr. Hagale holds a Bachelor of Business Administration degree in Accounting from the University of Notre Dame. He has more than 30 years of financial and accounting experience and is a certified public accountant. Mr. Hagale also currently serves on the Board of Oasis Petroleum Inc. and is a member of its Audit Committee and Nominating and Governance Committee.

Kay Hutchison

Sen. Kay Bailey Hutchison is an Independent Director of the Company. From 1993 to 2013, she served as a U.S. Senator. In the history of the Senate, Senator Hutchison was one of only two women ever elected to Republican leadership. She also served as the Ranking Member on the Senate Committee on Commerce, Science and Transportation, as well as the Appropriations Subcommittee for Commerce, Justice, and Science. She was the Chairman of the Military Construction Appropriations Subcommittee and served on the Defense Appropriations Subcommittee. Prior to her Senate service, Senator Hutchison was elected Texas State Treasurer in 1990 and to the Texas House of Representatives in 1972. She served in the Texas House until 1976 when she was appointed by President Gerald Ford to serve as Vice-Chairman of the National Transportation Safety Board. In addition to her political career, Senator Hutchison is also a former bank executive, journalist and small business owner. Senator Hutchison holds a Bachelor of Arts degree from the University of Texas at Austin, and a J.D. from the University of Texas School of Law. Senator Hutchison brings decades of leadership experience in the public and private sectors to our Board, including extensive experience in governmental affairs.

Jon Marshall

Mr. Jon A. Marshall is an Independent Director of the Company. Mr. Marshall served as President and Chief Operating Officer of Transocean Inc. from November 2007 until May 2008 and was a member of Transocean’s Board of Directors from November 2007 until December 2008. Mr. Marshall served as a director and Chief Executive Officer of GlobalSantaFe Corporation from May 2003 until November 2007, when it merged with a subsidiary of Transocean, and served as the Executive Vice President and Chief Operating Officer of GlobalSantaFe from November 2001 until May 2003. From 1998 to November 2001, Mr. Marshall was employed with Global Marine Inc. where he held the same position. Mr. Marshall currently serves as a director of Noble Corporation and of Southwestern Energy Company. Mr. Marshall received his B.S. degree from the United States Military Academy. Mr. Marshall brings to our Board extensive experience in executive positions and experience as a director for public offshore drilling companies.

Kenneth Moore

Mr. Kenneth W. Moore is Independent Director of the Company. Mr. Moore served as Managing Director of First Reserve Corporation, a global private equity firm which invests exclusively in the energy industry, from 2004 through 2015. Prior to joining First Reserve, Mr. Moore spent four years with Morgan Stanley in New York. Mr. Moore served as a director of Enstar Group Limited from February 2014 to June 2015, Chart Industries, Inc. from October 2005 to November 2007 and Dresser-Rand Group Inc. from October 2004 to May 2007. Mr. Moore holds a B.A. from Tufts University and an M.B.A. from the Johnson School of Management at Cornell University. Mr. Moore brings significant capital markets and executive management experience to our Board.

Myles Scoggins

Dr. Myles W. Scoggins is an Independent Director of the Company. Dr. Scoggins has served on the Board of Directors of QEP Resources, Inc., a publicly traded independent onshore U.S. oil and gas exploration and production company, since 2010, and of Laredo Petroleum, a publicly traded independent oil and natural gas company, since 2012. Dr. Scoggins is also President Emeritus of the Colorado School of Mines and served as its President from June 2006 to July 2015. Prior to his appointment with the Colorado School of Mines, Dr. Scoggins had a 34-year career, collectively, with Mobil Corporation and Exxon Mobil Corporation where he held senior executive positions in the upstream oil and gas business. From 1999 to 2004 he served as Executive Vice President of Exxon Mobil Production Company. Prior to the merger of Mobil and Exxon in late 1999, he was President, International Exploration & Production and Global Exploration, and an officer and member of the executive committee of Mobil Oil Corporation. He retired from ExxonMobil in 2004. He was a director for Venoco, Inc. from June 2007 until October 2012, Trico Marine Services, Inc. from March 2005 until August 2011 and Questar Corporation from February 2005 until June 2010. Dr. Scoggins has a Ph.D. in Petroleum Engineering from The University of Tulsa and brings extensive experience in the exploration and production industry, including serving in various senior executive positions in the upstream oil and gas business, to our Board.

D. Jeff van Steenbergen

Mr. D. Jeff van Steenbergen is an Independent Director of the Company. Mr. van Steenbergen is a co-founder and managing partner of Azimuth Capital Management, a Calgary-based energy sector private equity firm. He has been with the firm since 2001 and serves on the boards of six of Azimuth’s international and Canadian portfolio companies. Prior to that, Mr. van Steenbergen was co-head of North American Oil & Gas with JPMorgan & Co. Mr. van Steenbergen has been active in the North American and international energy sector for 38 years and has a wide range of experience in oil and gas and energy infrastructure as a private equity investor, investment banker, and in operations and development planning roles with ExxonMobil and in field operations with Schlumberger. Mr. van Steenbergen holds a B.A.S.C. in Civil Engineering from Queen’s University and an M.B.A. from Dalhousie University, and attended executive programs at Harvard Business School, Stanford University and INSEAD. Mr. van Steenbergen brings extensive energy-related banking and private-equity experience to our Board.

Martin Young

Mr. Martin H. Young, Jr., is an Independent Director of the Company. Mr. Young has been the Senior Vice President and Chief Financial Officer of Falcon Seaboard Diversified, Inc. and its predecessor companies, Falcon Seaboard Holdings, L.P. and Falcon Seaboard Resources, Inc., since 1992. Falcon is a private energy company involved in natural gas exploration and production, real estate and private investments. In July 2007, Mr. Young retired as Chairman of the Board (a position he had held for 11 years) and as a member of the Board of the Texas Mutual Insurance Company (a position he had held for 12 years), the largest provider of workers' compensation insurance in the State of Texas. Prior to his employment with Falcon, Mr. Young had 13 years of banking experience, the last ten working for a major California bank as the Vice President/Area Manager for the corporate banking group. Until its sale in 2013, Mr. Young served as Chairman of the board of directors of the Berry Petroleum Company, an independent energy company, a position he has held for eight of the past thirteen years he has served on Berry Petroleum's board. Mr. Young holds a B.B.A. from Duquesne University and an M.B.A. from Southern Illinois University.

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