11/10/16 | Houston | The New Normal for the Oil & Gas Industry
Please join JP Morgan and the National Association of Corporate Directors (NACD) in Houston on November 10, 2016, for a complimentary breakfast forum that will examine the latest executive and director challenges and trends impacting the oil and gas industry given the current distressed environment. Oil and gas corporate directors Bill Albrecht and Stacy Methvin alongside JP Morgan’s Kevin Willsey and Paschall Tosch will lead a robust exchange of insights around this topic.
Conversation catalysts include:
- The M&A landscape and value creation.
- How much consolidation will there be in the next 12 month
- Board oversight challenges and complexities in financial restructuring.
- Are the majors eyeing the independents in a takeover wave?
- What is the appetite of banking and private equity to get back into oil and gas?
This program is exclusive to C-Suite and Directors in the oil and gas industries.
Location and Time
111 N Post Oak Blvd
Houston, TX 77024
7:00 A.M. – Registration/Networking
8:00 A.M. – 9:15 A.M. – Panel Discussion & Audience Participation
9:15 A.M. – Program Adjourns
William AlbrechtChairman, California Resources Corporation
Director, Rowan Companies, plc., Halliburton
Mr. Albrecht was appointed as Chairman of the Board of California Resources Corporation in May 2016. He served as Executive Chairman of the Board from July 2014 to May 2016. Mr. Albrecht served as Vice President of Occidental Petroleum Corporation from May 2008 to July 2014 and as President, Oxy Oil & Gas, Americas from January 2012 to July 2014. He also served as President—Oxy Oil & Gas, USA from April 2008 to January 2012. During his tenure with Occidental, Mr. Albrecht had managerial oversight over its upstream assets. Mr. Albrecht has more than 35 years of experience in the domestic oil and gas industry, having previously served as an executive officer for domestic energy producer EOG Resources, and as a petroleum engineer for Tenneco Oil Company. Mr. Albrecht serves on the board of directors of Halliburton, one of the world's largest providers of products and services to the energy industry, and is a member of its Compensation and Health, Safety and Environment Committees. Mr. Albrecht also serves on the board of directors of Rowan Companies, an international offshore drilling contractor, and is a member of its Audit and Health, Safety and Environment Committees. Mr. Albrecht holds a Master of Science degree from the University of Southern California and a Bachelor of Science degree from the United States Military Academy and is a National Association of Corporate Directors Board Leadership Fellow.
Stacy MethvinDirector, Pioneer Natural Resources Company, Marquard & Bahls, Magellan Midstream Partners, and xF Technologies
Stacy recently retired from Shell Oil Company after a distinguished career spanning 33 years in which she held numerous senior positions including VP Refinery Margin Optimization, VP Global Distribution, VP Strategy and Portfolio and VP Base Chemicals. She also served as the President of Shell Chemical LP, President of Shell Pipeline Company, President of Shell Deer Park Refining Company and President of Shell Louisiana E&P Co. Stacy is a director for Pioneer Natural Resources Company in Dallas, Marquard & Bahls in Germany, Magellan Midstream Partners in Tulsa, and xF Technologies based in Albuquerque. She is past Chair of the Girl Scouts San Jacinto Council, current Chair of the Houston Zoo and a trustee for Springside Chestnut Hill Academy in Philadelphia. She is also an appointee on the Louisiana Governor's Commission on Coastal Protection, Restoration and Conservation and serves on Board committees for Memorial Hermann Healthcare System. Stacy graduated cum laude in 1979 from Princeton University where she earned an AB in Geological and Geophysical Sciences.
Kevin WillseyChairman of Global Capital Markets, J.P. Morgan
Kevin D. Willsey is Chairman of Global Capital Markets for J.P. Morgan. He is a member of the Investment Bank Management Committee and sits on J.P. Morgan & Co.’s Executive Committee. He also is a member of the Investment Committee for One Equity Partners, a private equity investment firm which has managed approximately $14BN in committed capital for J.P. Morgan Chase & Co. since its inception in 2001.
Prior to his current role from 2010-2012, Mr. Willsey was Co-Head of Investment Banking where he was responsible for managing the firm’s Mergers & Acquisitions, Debt and Equity Capital Markets underwriting activities (both High Grade and High Yield) and Investment Banking Coverage groups. He has managed many of J.P. Morgan’s most important corporate financing and advisory mandates for clients over the last decade. From 2001-2010, Mr. Willsey was Head of Equity Capital Markets for J.P. Morgan. In both 2008 and 2009, J.P. Morgan’s Equity Capital Markets group was named “Global Equity House” and “Americas Equity House” by International Financing Review (IFR) and has been ranked #1 in the US and Global Equity League Tables every year since 2008.
Mr. Willsey began his career with J.P. Morgan in 1989 working in the firm’s Latin American Corporate Finance/Mergers & Acquisitions group. He worked throughout the region until 1995. He then was asked to join J.P. Morgan’s Equity Capital Markets group in the period where J.P. Morgan was rapidly building out its equity underwriting franchise. In 1999, Mr. Willsey was named Head of Equity Capital Markets for J.P. Morgan. In early 2000, he was recruited away to join Goldman Sachs as a Managing Director in Equity Capital Markets, later rejoining J.P. Morgan as Head of Equity Capital and Derivative Markets in late 2001 following its merger with Chase Manhattan.
Mr. Willsey graduated in 1985 from Miami University with degrees in Finance and Spanish. He studied for one year at The Universidad de Sevilla in Seville, Spain and is fluent in Spanish. He received his MBA from Carnegie Mellon University’s Tepper School of Business in 1989. Mr. Willsey sits on the Business Advisory Council of the Farmer School of Business at Miami University and is on the Carnegie Mellon Tepper School of Business Board of Advisors. Kevin and his wife have two children and live in Summit, NJ.
Paschall ToschManaging Director and Global Co-Head Oil and Gas Investment Banking, J.P. Morgan
Paschall Tosch was named Global Co-Head of Oil & Gas Investment Banking for J.P. Morgan in May 2016, responsible for a global team of 100 oil & gas investment bankers. He previously served as Head of North American Oil & Gas Investment Banking from 2012 with a primary focus on the upstream sector.
Mr. Tosch joined J.P. Morgan in 1988 from InterFirst Bank where he started his career as an oil & gas banker in 1980. Mr. Tosch has held a number of positions in the Oil & Gas group both in Dallas and in Houston where he relocated in 1997. Additionally, he also sits on the National Petroleum Council, an advisory committee to the Secretary of Energy with respect to matters related to the oil and gas industry.
With over 30 years in Oil & Gas banking, Mr. Tosch has extensive transaction experience in M&A, Equity and Debt Capital Markets for energy clients. Select clients include Anadarko, Apache, Cabot, Continental, EOG, Hunt Oil, Newfield, Noble, Oasis, Plains Exploration, Valero and many private equity backed companies.
Mr. Tosch received both his MBA and BBA degrees from the University of Texas at Austin. He and his wife Paula live in Houston and have two twin children who are recent graduates from the University of Texas and the University of Georgia. Mr. Tosch enjoys golfing and wake surfing on Lake Austin where he and his wife have a second home.