New Controller Mike Marx Joins the Growing Ranks of Iapetus Holdings

HOUSTON – September 17, 2021 – Mike Marx joins Iapetus Holdings LLC and its operating companies as Controller, effective September 20, 2021. Marx has approximately twenty years of experience in accounting and finance and holds the Chartered Financial Analyst (CFA) designation.

Regarding his motivation to join the company, Marx stated: “Iapetus Holdings has a demonstrated history of innovation, growth, and leadership. I’m looking forward to working with this dynamic group and being a part of its continued success.”

“At the pace Iapetus companies are growing, we needed someone with Mike’s background. We found a great fit in Mike for the accounting and financial demands of our holding company. Because of the entrepreneurial nature of our business, we are unique. His skills and expertise will be very valuable in managing the demands of Iapetus’ various businesses. Mike will be a critical team member continuing to champion our overall ESG (environmental, social, governance) initiatives,” stated Tej Singh, Chief Operating Officer of Iapetus.

After receiving his MBA, Marx spent three years in public accounting with UHY LLP where he worked on a variety of projects including preparing the lead plaintiff for the Enron securities litigation. Following UHY, he worked for twelve years at ConocoPhillips in several roles including managing accounting and finance teams in the Commercial Power Generation and Corporate Treasury Groups. More recently, Marx managed all aspects of the accounting, finance, and treasury functions for Matlack Transportation, a large equipment provider to the chemical, oil field services, and waste management industries.

Marx has a Bachelor of Business Administration degree in Accounting and Finance from Southern Methodist University and a Master of Business Administration degree from Rice University. Marx is a member of the Rice Alumni Association, Houston Society of Financial Analysts (HSFA), and he serves as a volunteer little league coach.