Hi-Crush is managed and operated by the board of directors and executive officers of Hi-Crush Proppants LLC.
The board of directors of Hi-Crush Partners LP is comprised of the members of the board of directors of Hi-Crush Proppants and three independent directors. Our management team has extensive experience investing and operating in the oil and gas industry and will be focused on optimizing our current business and expanding our operations through disciplined development and accretive acquisitions. We believe their unique frac sand mining and processing facility development experience has allowed us to more quickly design and develop state-of-the-art operations. We intend to utilize the significant experience of our management team to take advantage of favorable frac sand market dynamics and to execute our growth strategy, while maintaining our dedication to the needs of our customers and sustaining the safety and health of our key stakeholders – our employees, customers and the communities where we live and work.
Robert Rasmus Chief Executive Officer
Mr. Rasmus is a co-founder of Hi-Crush Proppants LLC and has served as its Co-Chief Executive Officer since its formation in October 2010 until November 2015 when he became sole Chief Executive Officer. Mr. Rasmus was named Co-Chief Executive Officer and appointed to the board of directors of our general partner in May 2012 until November 2015 when he became sole Chief Executive Officer. Mr. Rasmus was a founding member of Red Oak Capital Management LLC (“ROCM”) in June 2002 and has served as Managing Director since inception. ROCM’s business model centered on partnering with the largest oil services companies in unconventional basins in the United States. Prior to the founding of ROCM, Mr. Rasmus was the President of Thunderbolt Capital Corp., a venture firm focused on start-up and early stage private equity investments. Previously, Mr. Rasmus started, built and expanded a variety of domestic and international capital markets and corporate finance businesses. Mr. Rasmus was the Senior Managing Director of Banc One Capital Markets, Inc. (formerly First Chicago Capital Markets, Inc.) where he was responsible for the high yield and private placement businesses while functioning as a member of the management committee. Prior thereto, Mr. Rasmus was the Managing Director and Head of Investment Banking in London for First Chicago Ltd. Mr. Rasmus holds a BA in Government and International Relations from the University of Notre Dame.
Laura Fulton Chief Financial Officer
Ms. Fulton has served as Chief Financial Officer of Hi-Crush Proppants LLC since April 2012. In May 2012, Ms. Fulton was appointed to Chief Financial Officer of our general partner. On February 26, 2013, Ms. Fulton was elected director of Targa Resources Corp. and serves on the audit committee and compensation committee. From March 2008 to October 2011, Ms. Fulton served as the Executive Vice President, Accounting and then Executive Vice President, Chief Financial Officer of AEI Services, LLC (“AEI”), an owner and operator of essential energy infrastructure assets in emerging markets. Prior to AEI, Ms. Fulton spent 12 years with Lyondell Chemical Company in various capacities, including as general auditor responsible for internal audit and the Sarbanes-Oxley certification process, and as the assistant controller. Previously, Ms. Fulton worked for Deloitte & Touche in its audit and assurance practice for 11 years. Ms. Fulton is a CPA and graduated cum laude from Texas A&M University with a BBA in Accounting. Ms. Fulton is a member of the American Institute of Certified Public Accountants and serves on the Accounting Department Advisory Board at Texas A&M University.
Mark Skolos General Counsel
Mr. Skolos was appointed General Counsel of Hi-Crush Proppants LLC in April 2012 and named General Counsel and Secretary of our general partner in May 2012. Prior to joining Hi-Crush Proppants LLC, Mr. Skolos was a shareholder at the law firm of Weld, Riley, Prenn and Ricci S.C. (“Weld Riley”) from September 2011 to April 2012. Mr. Skolos worked as an attorney for Skolos, Millis and Matousek, S.C., or its predecessor firms (“Skolos Millis”), for 26 years prior to its merger with Weld Riley in April 2012. Mr. Skolos was made a shareholder at Skolos Millis in 1990. In his private practice, Mr. Skolos represented developers, businesses and local units of government on issues of government regulation, land use and real estate. Mr. Skolos has extensive experience representing companies in the non-metallic mining and processing industry on a wide spectrum of issues, including permitting, land acquisition and government relations. He graduated from the University of Wisconsin Law School in 1985 with a JD. Mr. Skolos has served as President of the Tri-County Bar Association of Wisconsin and acted as both Circuit Court and Family Court Commissioner in the State of Wisconsin.
William Barker Vice President
Mr. Barker has served as Vice President of Logistics and Site Development of Hi-Crush Proppants LLC since March 2015. From September 2013 to February 2015, he served as Assistant General Counsel of Hi-Crush Proppants LLC. Prior to joining Hi-Crush Proppants LLC, from September 2008 to September 2013, Mr. Barker specialized in securities law and mergers and acquisitions for the law firm of Norton Rose Fulbright US LLP. Mr. Barker holds a Bachelor of Arts degree in Economics from Rice University, where he graduated magna cum laude, and a Juris Doctorate from the University of Houston Law Center, where he graduated as a member of the Order of the Coif.
Joe Welsh Vice President
Mr. Welsh was named Vice President of Midstream and PropStream™ logistics solution for Hi-Crush in July 2017. Prior to Hi-Crush, Mr. Welsh was President of Cardinal Advisory Group, a company he started in 2015 to advise clients on business strategy, mergers and acquisitions, and fundraising. In addition, he recently sourced, developed, negotiated and closed a contract to provide final-mile logistics for a major frac sand provider for a Houston-based oilfield services company. He has advised numerous oilfield services companies on business expansion and financing strategies. Mr. Welsh has held several executive and management roles in the industry, including Managing Director at Pelican Energy Partners and a significant stint at Complete Production Services until its merger with Superior Energy Services in 2012. He received an MBA from Stanford University, where he also did post-graduate work in course development for entrepreneurial finance and management, and a BS in electrical engineering from Rensselaer Polytechnic Institute.