DHR International has placed Julian Bott as the new executive vice president and chief financial officer of Southwestern Energy in Houston. DHR managing partners Rick Walker and Jeff Smith headed the assignment.
“We welcome Julian to Southwestern Energy,” said Bill Way, the organization’s president and chief executive officer. “We are fortunate to have the addition of his collective expertise as we reposition the company to accelerate value from our highest return assets, strengthen our balance sheet and enhance our financial performance.”
Previously, Mr. Bott served as EVP and CFO for SandRidge Energy in Oklahoma. He has held various leadership positions throughout his career, and as a result, has developed extensive experience in both finance and the capital markets and built strong relationships throughout the energy and investment banking industries.
Prior to SandRidge, Mr. Bott was CFO at Texas American Resources and 3DMD Technologies and managing partner at Kensington Energy Partners. He also held executive positions at the Toronto Dominion Bank and Bankers Trust Company. Early in his career, he served as the group head of TD Securities. Mr. Bott currently serves on the board of EQT Midstream Partners.
Southwestern Energy is an independent energy company whose wholly-owned subsidiaries are engaged in natural gas and oil exploration, development and production, natural gas gathering and marketing.
DHR’s Mr. Walker has over 10 years of experience as a senior consultant in the firm’s energy sector, financial services, CFO and board of director practices. His clients include energy companies, private equity firms and corporate and investment banking groups. Prior to joining DHR in 2005, he spent 24 years working as a banker, principally focused on the energy sector.
Mr. Smith is the global co-leader of DHR’s energy sector and senior member of the financial officer, financial services, and board of directors practice groups. He has conducted numerous senior-level searches for a broad range of energy clients including E&P, midstream pipelines/MLPs, oilfield services, utilities and commodity trading sectors. In addition to industry assignments, he has brought technical energy expertise to investment banking, private equity, hedge funds, and other commodity focused clients.
A report issued by ManpowerGroup, “Strategies to Fuel the Energy Workforce,” found that 58 percent of energy executives said they struggle to find the talent they need and 74 percent believe the problem will worsen over the next five years. Job categories identified as being in greatest demand included field workers, skilled trades, and highly educated professionals.
The study also found that the talent shortage may already be slowing growth and expansion throughout the sector. By some estimates, there will be three million energy sector jobs by 2020. In the utilities subsector, where half of the workforce is already over the age of 40, 100,000 net new jobs are projected. Many of the positions, according to recruiters, will require tech-savvy candidates to keep pace with future developments.