Robert E. Rasmus
Chief Executive Officer, Hi-Crush Inc.
Mr. Rasmus is a co-founder of Hi-Crush Proppants LLC and currently serves as Chief Executive Officer of Hi-Crush Inc. Mr. Rasmus was a founding member of Red Oak Capital Management LLC (“ROCM”) in June 2002 and has served as Managing Director since inception. ROCM’s business model centered on partnering with the largest oil services companies in unconventional basins in the United States. Prior to the founding of ROCM, Mr. Rasmus was the President of Thunderbolt Capital Corp., a venture firm focused on start-up and early stage private equity investments. Previously, Mr. Rasmus started, built and expanded a variety of domestic and international capital markets and corporate finance businesses. Mr. Rasmus was the Senior Managing Director of Banc One Capital Markets, Inc. (formerly First Chicago Capital Markets, Inc.) where he was responsible for the high yield and private placement businesses while functioning as a member of the management committee. Prior thereto, Mr. Rasmus was the Managing Director and Head of Investment Banking in London for First Chicago Ltd. Mr. Rasmus holds a BA in Government and International Relations from the University of Notre Dame.
Marcus Rowland was appointed as a member of the board of directors in October 2020. Mr. Rowland is the Founder & Senior Managing Director of IOG Capital, LP where he leads the company’s investment team through his 40+ years of experience in the oil & gas upstream and midstream industry.
Mr. Rowland is a seasoned oil and gas corporate executive, director, and investment manager with over 40 years of experience in all aspects of upstream and midstream business segments. Mr. Rowland is considered a leading industry expert in energy mergers, acquisitions, divestitures, public securities transactions, and derivatives facilities. He has won numerous awards for transactions, and has received recognition by Institutional Investor as Energy CFO of the Year.
Mr. Rowland is the former Executive Vice President and Chief Financial Officer of Chesapeake Energy Corporation, where he led the Company from its IPO in 1993 to a $40+ billion market cap oil and gas producer for 18 years. Notable financial achievements included numerous billions of volumetric production payments, internationally financed shale joint ventures, all varieties of securities issuances including the first Euro denominated bond financing for a US only oil and gas company, and the successful IPO of Chesapeake Midstream Partners, LP in August of 2010.
Mr. Rowland served as the Chief Executive Officer at FTS International, Inc. (formerly Frac Tech International, LLC) from May 2011- November 2012, and as the President and Chief Financial Officer of Frac Tech Services, LLC and Frac Tech International, LLC from November 2010 to May 2011. Mr. Rowland served as the Chief Financial Officer or equivalent positions of Chesapeake Energy Corporation from 1993, when the company became publicly traded, until October 2010. Mr. Rowland served as Chief Operating Officer of Anglo-Suisse, LP from 1990 to 1992 where he was assigned to the White Nights Russian Enterprise, a joint venture of Anglo-Suisse, LP and Phibro Energy Corporation, a major foreign operation which was granted the right to engage in oil and gas operations in Russia.
Mr. Rowland serves on a number of private and public boards, including as Chairman of the Board for SilverBow Resources (NYSE: SBOW). He is a 1975 alumnus of Wichita State University where he currently serves as a member of the Investment Committee.
Colin M. Leonard was appointed as a member of the board of directors in October 2020. Mr. Leonard is a Partner at Clearlake Capital Group and joined Clearlake in 2007. Prior to Clearlake, Mr. Leonard was an investment professional at HBK Investments L.P. where he focused on investments in the industrials and transportation/logistics sectors. Mr. Leonard currently serves, or has served, on the boards of several private companies including Globe Energy Services, Jacuzzi Brands and Sage Automotive. Mr. Leonard graduated cum laude with a B.S. in Economics (Wharton School) and a minor in Mathematics at the University of Pennsylvania.
Jacob Mercer was appointed as a member of the board of directors in October 2020.Mr. Mercer is a Senior Portfolio Manager at Whitebox Advisors LLC ("Whitebox"). Prior to joining Whitebox, Mr. Mercer worked for Xcel Energy as Assistant Treasurer and Managing Director. Before joining Xcel Energy, he was a Senior Credit Analyst and Principal at Piper Jaffray and a Research Analyst at Voyageur Asset Management. Mr. Mercer also served as a logistics officer in the United States Army. Mr. Mercer has served on a number of boards of directors including Par Pacific (NYSE: PARR), Piceance Energy, Platinum Energy Solutions, and Ceres Global Ag (TSX: CRP). Mr. Mercer holds a BA with a double major in economics and business management from St. John’s University. He also holds the Chartered Financial Analyst (CFA) designation.
Brad Kottman was appointed as a member of the board of directors in October 2020. Mr. Kottman is an investment professional at Clearlake Capital Group, and has been at Clearlake since 2017. Prior to Clearlake, Mr. Kottman was an investment professional at Trilantic Capital Partners, and prior to that, he served as an Investment Banking Analyst at Citi in Houston, Texas.