Enerflex shakes up senior ranks
Enerflex Ltd. has announced the appointment of Sanjay Bishnoi as senior vice president and CFO, and David H. Izett as senior VP, general counsel, effective September 9.
“Sanjay has a demonstrated track-record of enhancing shareholder value through financial discipline, strategic corporate development, and the adoption of performance measurements, driving growth. Most recently his success in building a natural gas compression, gathering, and processing business in the Permian basin will deepen Enerflex’s understanding of its customers, markets, and growth opportunities,” said Marc Rossiter, Enerflex’s president and CEO. “Most importantly, Sanjay is a values-based individual with a strong commitment to serving shareholders, employees, and clients.”
Bishnoi will be responsible for leading Enerflex’s finance, treasury, corporate development, capital markets, enterprise risk management, internal audit, and investor relations functions.
“I believe that the potential growth and value creation for Enerflex is tremendous, given the dedicated employees, strong product and service offering, and global footprint of the Company,” stated Bishnoi. “Marc has assembled a strong leadership and operational team and I look forward to working alongside the team to drive Enerflex’s growth across the natural gas value chain and geographies.”
He will be returning to Calgary, Alta., joining Enerflex from Caprock Midstream, a Houston-based, private-equity natural gas, oil, and water oriented midstream venture, where he was the co-founder and CFO for five years.
Prior to this role at Caprock Midstream, Bishnoi served as managing director for GE Corporate Ventures, and vice president with GE Energy financial services natural resources platform.
Bishnoi succeeds Ben Park, current interim CFO of Enerflex.
“I want to thank Ben for his contributions while serving as interim chief financial officer,” added Rossiter. “His efforts and valuable financial leadership has provided for a seamless transition.”
Also joining Enerflex’s executive leadership team is David H. Izett, a senior lawyer with over 17 years of North American and international experience in public oil and gas, manufacturing, and mining sectors.
As senior vice president, general counsel, Izett will lead Enerflex’s global legal and governance affairs and contribute to enterprise risk management.
“I look forward to joining this dynamic organization and contributing to the continuing growth of its global platform. I am excited to take part in transforming natural gas to meet the world’s energy needs in a way that promotes integrity, commitment, creativity, and success,” said Izett.
Izett joins Enerflex from Nutrien, the world’s largest provider of crop inputs, services, and solutions where he served for seven years, most recently as assistant general counsel, Nitrogen and International, and previously as chief legal counsel for the wholesale business unit of Agrium, one of Nutrien’s predecessor entities.
“David’s legal acumen, contract management, and operational expertise will serve Enerflex as we strengthen our asset ownership focus and the diversification of our business model,” stated Rossiter. “He brings a skill set that will enhance the company’s bench strength as we continue to execute on our long-term strategy.”