Excelerate appoints Deborah Byers as independent director

US floating LNG player Excelerate Energy said that the company’s board of directors has increased its size from six to seven members and appointed Deborah Byers as a new independent director.

In addition, Byers will serve as chairperson of the company’s audit committee, according to a statement released on Wednesday.

Byers recently retired as a partner from Ernst & Young and brings 36 years of public accounting experience to Excelerate’s board, the statement said.

“Deborah’s extensive energy industry knowledge will be invaluable to the organization as we strive to grow the business globally,” Don Millican, chairman of the board, said in the statement.

“This addition also demonstrates our commitment to strengthening and diversifying our corporate governance. We thank her for accepting this responsibility to lead and provide independent management oversight,” Millican said.

Excelerate operates ten floating storage and regasification units (FSRUs), one of the world’s largest fleets of such vessels.

In April, the firm completed its initial public offering, raising about $416.2 million.

- Advertisements -

Most Popular

Excelerate inks deal with Hyundai Heavy for newbuild FSRU

US floating LNG player Excelerate Energy has signed a letter of intent with South Korea's Hyundai Heavy Industries for...

DSME wins single LNG carrier order worth about $239 million

South Korea’s shipbuilder Daewoo Shipbuilding and Marine Engineering has received an order for one liquefied natural gas (LNG) carrier...

Golar says Gimi FLNG 86 percent complete

Singapore's Keppel Shipyard continues to progress with the conversion works on the 2.5 mtpa Gimi FLNG and the vessel...

More News Like This

Excelerate inks deal with Hyundai Heavy for newbuild FSRU

US floating LNG player Excelerate Energy has signed a letter of intent with South Korea's Hyundai Heavy Industries for...

Excelerate pens deal with Engro to expand Pakistan LNG operations

US FSRU owner Excelerate Energy has signed a memorandum of understanding with a unit of Pakistan's Engro to expand...

Bulgaria’s Overgas to buy regasified LNG from Excelerate’s Vlora terminal in Albania

Bulgaria’s Overgas is looking to take regasified LNG from Excelerate Energy’s planned Vlora LNG terminal in Albania under a...

Finland’s first FSRU to work in Inkoo port

Finland's Gasgrid and Fortum said that the country's first FSRU-based LNG import facility would be located in the port...