Board of Directors
Mr. Albrecht has more than 40 years of experience in the oil and gas industry, including multiple executive leadership roles. He most recently served as Executive Chairman of the Board of Directors of California Resources Corporation ("CRC"). Prior experience includes multiple positions at Occidental Petroleum where he had broad supervision of the exploration and production business as Vice President of Occidental Petroleum, President of Oxy Oil & Gas, Americas and President of Oxy Oil & Gas, USA. Earlier in his career, Mr. Albrecht was an executive at EOG Resources and an engineer for Tenneco Oil Company. He currently serves as a member of the Board of Directors of several publicly traded energy companies, including as Chairman of the Board of CRC and as a member of the Boards of Halliburton and Valaris. Additionally, he is a National Association of Corporate Directors Board Leadership Fellow. Mr. Albrecht’s educational background includes a Bachelor of Science from the United States Military Academy and a Master of Science from the University of Southern California.
Jason PigottPresident & Chief Executive Officer
Jason Pigott joined Laredo in May 2019 as President and a member of the Board of Directors. Mr. Pigott has more than 20 years of experience in the energy exploration and production industry, most recently serving as Executive Vice President - Operations and Technical Services for Chesapeake Energy where he led all drilling and completions operations, digital operations, supply chain and land efforts. Prior to joining Chesapeake in 2013, he was with Anadarko Petroleum for 14 years, serving in positions of increasing responsibility, focused primarily on onshore unconventional play development in the Eagle Ford Shale, Haynesville Shale, Delaware Basin and various tight-sand plays in East Texas. Mr. Pigott holds a Bachelor of Science in Petroleum Engineering from Texas A&M University and an MBA from the University of North Carolina, Kenan-Flagler School of Business.
Frances Powell HawesGrant Prideco, Inc., Former Chief Financial Officer
Ms. Powell Hawes has served as an independent director for Archrock, Inc. since 2015, recently became a director for PGT Innovations, Inc. and was previously on the Board of Directors of Energen Corporation and Express Energy Services, LLC. She has held numerous senior financial positions throughout her career, including serving as Chief Financial Officer of Grant Prideco, Inc. and NCI Building Systems, Inc. and as Chief Accounting Officer of Weatherford International, Inc. Ms. Powell Hawes is active on non-profit boards, including the Houston Area Women's Center and the Houston Chapter of Financial Executive International. Ms. Powell Hawes holds a Bachelor of Business Administration in Accounting from the University of Houston and is a Certified Public Accountant in the state of Texas.
Jarvis V. HollingsworthVice Chairman, Irradiant Partners L.P.
Mr. Jarvis V. Hollingsworth joined the Board of Directors of Laredo in November 2019. He is Vice Chairman of Irradiant Partners L.P., an investment advisor that focuses on investments in renewable energy and liquid and private credit. Previously, Mr. Hollingsworth served as the Secretary/General Counsel and served on the Board of Directors and the Executive Committee of Kayne Anderson Capital Advisors, L.P., a leading alternatives investment management firm with approximately $30 billion in assets. He is a former Partner of the law firm Bracewell LLP in Houston where he had a fiduciary practice counseling boards of directors and trustees on corporate governance and strategic matters. Mr. Hollingsworth served on the law firm’s Management Committee and was a member of its Finance Committee. He currently serves as Lead Director of Core Scientific, Inc., the largest Blockchain infrastructure, hosting provider and digital asset miner in North America, and also as Chairman of the board of trustees of the Teacher Retirement System of Texas, a Texas state agency which manages a $195 billion-plus pension trust fund and administers an array of benefits, including healthcare programs, for retirees, active teachers and employees of education-related institutions. Mr. Hollingsworth currently serves as a member of the Federal Reserve Bank of Dallas Financial Sector Advisory Council, the Memorial Hermann Hospital System’s Finance Committee and is a former director of several companies, including Frost Bank and its holding company, Cullen/Frost Bankers, Inc. (NYSE:CFR). He received his Bachelor of Science degree from the United States Military Academy at West Point and his Juris Doctorate from the University of Houston. Mr. Hollingsworth is a member of the Advisory Board of the Tri-Cities chapter of the National Association of Corporate Directors.
Craig JarchowPresident and CEO, Castleton Resources, LLC
Mr. Jarchow has more than 25 years of energy industry experience, serving in upstream operational roles, advising financial services firms on energy focused investments and building and leading an operating company. He is currently President, CEO and board member of Castleton Resources, LLC, a natural gas focused company operating upstream and midstream assets in East Texas. Previously, Mr. Jarchow served as a Managing Director and Partner of Pine Brook Road Partners, LLC and First Reserve Corporation, sourcing and advising on energy transactions. He began his career at Amoco Corporation and Apache Corporation, serving in operational roles at both companies. Mr. Jarchow's educational experience includes a Bachelor of Arts in Geology from the University of California, Santa Barbara, a Masters of Science and Doctorate in Geophysics from Stanford and a Masters of Business Administration from the Massachusetts Institute of Technology.
Lisa LambertFounder and President, National Grid Partners
Ms. Lambert has extensive experience in the technology industry, leading innovation efforts and global investment initiatives. She currently serves as Chief Technology and Innovation Officer at National Grid and Founder and President of National Grid Partners. Prior experience includes two years as Managing Partner at The Westly Group, 19 years at Intel Corporation in various positions, including Managing Director of both Intel Capital’s Software and Services Fund and Diversity Fund, and six years at Owens Corning Corporation. Ms. Lambert served on the boards of multiple portfolio companies while at Intel Capital, was on the board of directors of the National Venture Capital Association for four years and is the founder, CEO and Chairman of UPWARD, a non-profit global network of executive women. Her educational background includes a Bachelor of Science in Management Information Systems from The Pennsylvania State University and a Master of Business Administration from Harvard Business School.
Lori LancasterUBS Securities, Former Managing Director, Global Energy Group
Ms. Lancaster has extensive experience in the oil and gas sector and is a former Managing Director of the Global Energy Group at UBS Securities, a position she held from December 2013 to August 2016. Prior to UBS she was a Managing Director in the Global Natural Resources groups at Goldman, Sachs & Co. from July 1999 to July 2008 and Nomura Securities from June 2010 to September 2013. During her 18-year tenure in investment banking, she led or was a key member of the execution team on more than $60 billion of announced energy M&A deals and led the structuring and execution of numerous capital markets transactions. She has served as an independent director for HighPoint Resources since December 2018 and previously served as an independent director for Energen Corporation from July 2017 until the company’s merger with Diamondback Energy in November 2018. Ms. Lancaster earned a bachelor’s degree from Texas Christian University and a Master of Business Administration degree from the University of Chicago’s Booth School of Business.
Pamela S. PierceZtown Investments, Inc., Partner
A board member with Laredo since 2007, Pierce has been a partner with Ztown Investments since 2005. She also serves on boards at Scientific Drilling International and Shawcor. She was president of Huber Energy and prior to that was president and CEO of Houston-based Mirant Americas Energy Capital and Production Co. She has an MBA from the University of Dallas and a bachelor’s degree in petroleum engineering from the University of Oklahoma.
Ms. Pierce is a highly experienced business executive with extensive knowledge of the energy industry. Her business acumen enhances the board of directors' discussions on all issues affecting us and her leadership insights contribute significantly to the board of directors' decision making process.
Edmund P. Segner, IIIEOG Resources, Former President, Chief of Staff & Director
Edmund P. Segner, III joined our board of directors in August 2011. Mr. Segner currently is a professor in the practice of engineering management in the Department of Civil and Environmental Engineering at Rice University in Houston, Texas, a position he has held since July 2006 and full time since July 2007. In 2008, Mr. Segner retired from EOG Resources, Inc. (''EOG''), a publicly traded independent oil and gas exploration and production company. Among the positions he held at EOG were President, Chief of Staff, and director from 1999 to 2007. From March 2003 through June 2007, he also served as the Principal Financial Officer of EOG. He has been a member of the board of directors of Bill Barrett Corporation, an oil and gas company primarily active in the Rocky Mountain region of the United States, since August 2009, and of Exterran Partners, L.P., a master limited partnership that provides natural gas contract operations services, since May 2009. From August 2009 until October 2011, Mr. Segner was a member of the board of directors of Seahawk Drilling, Inc., an offshore oil and natural gas drilling company. He also currently serves as a member of the board or as a trustee for several non-profit organizations. Mr. Segner graduated from Rice University with a Bachelor of Science degree in civil engineering and received an M.A. degree in economics from the University of Houston. He is a certified public accountant.
Mr. Segner's service as President, Principal Financial Officer and director of publicly traded oil and gas exploration and development companies provides our board of directors with a strong operational, financial, accounting and strategic background and provides valuable business, leadership and management experience and insights into many aspects of the operations of exploration and production companies. Mr. Segner also brings financial and accounting expertise to the board of directors, including through his experience in financing transactions for oil and gas companies, his background as a certified public accountant, his service as a Principal Financial Officer, his supervision of principal financial officers and principal accounting officers, and his service on the audit committees of other companies.