Iapetus Holdings LLC Announces Strategic Hire of New Chief Financial Officer
HOUSTON – June 09, 2020 – Iapetus Holdings LLC (Iapetus), a portfolio of energy services businesses and alternative investments, announced today it has enhanced and expanded its senior management team with the addition of Raymond (Ray) Shih as Chief Financial Officer. Based in the Houston headquarters, Shih will be responsible for managing the financial performance and growth of Iapetus’ suite of operating companies in the retail energy, risk management and commodities brokerage sectors.
Craig Taylor, Founder and Chief Executive Officer of Iapetus Holdings LLC, said, “We’re extremely pleased to expand our senior leadership team, and Ray brings a significant amount of financial and executive leadership experience to the Iapetus portfolio. We’re accelerating our growth strategy across our operating companies as well as our investments, and Ray’s appointment and proven track record will be essential to helping us drive performance, optimization and value across the organization.”
Most recently, Shih served as the Director of Treasury at Cheniere Energy, Inc. where he was responsible for debt financing, liquidity management and compliance for the Sabine Pass liquefaction, Corpus Christi liquefaction, and the company’s Midship pipeline project. Shih also brings expertise from prior roles in treasury, finance and accounting roles in the energy and investment management space.
Shih holds a Master of Business Administration from The University of Texas at Austin and a Master of Accounting from the University of Southern California. He is a licensed Certified Public Accountant in the State of Texas.
The Iapetus suite of operating companies is a multimillion-dollar portfolio with more than 200 employees across six U.S. offices, efficiently structured to deliver optimum results for clients. Operating companies include Atlas Commodities, Atlas Field Services and Atlas Retail Energy.
About Iapetus Holdings
Iapetus Holdings LLC is a privately held portfolio company with a suite of energy services businesses and alternative investments. Headquartered in Houston, Texas, Iapetus brings an entrepreneurial, forward-thinking approach and a deep bench of experienced individuals with diverse backgrounds in finance, energy, sales, safety, risk management and various other spectrums. Its operating companies include Atlas Commodities, Atlas Field Services and Atlas Retail Energy. For more information, visit iapetusllc.com.