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AEGIS Energy Risk Realigns Executive Responsibilities to Support Growth

By June 10, 2019 No Comments

THE WOODLANDS, TX – AEGIS Energy Risk, the leading fintech and advisory solutions provider for energy derivatives, is realigning executive responsibilities to coincide with its recently announced minority investment from Baird Capital.

Bryan Sansbury, currently Chief Operating Officer of AEGIS, will assume the role of Chief Executive Officer. Bryan has been involved with AEGIS since its founding but joined the firm full-time in October 2017 with a focus on scaling the business and launching FLOW, AEGIS’ fintech platform for bilateral derivative management. Prior to joining AEGIS, Bryan spent 22 years in numerous operational and technology executive roles for Aon Hewitt (now Alight Solutions). Bryan also serves as the Lead Independent Director and Chairman of the Compensation Committee for LGI Homes.

Chris Croom, currently Chief Executive Officer of AEGIS, will assume the role of President. Chris has led the firm since its founding and overseen its growth from start-up to industry leader. Prior to AEGIS, Chris served as President of an AEGIS competitor and held executive and trading positions at Bear Stearns, National Bank of Canada and Enron. Chris is well known in the oil and gas industry and will focus his time on business development, marketing, and client relationship management.

Bryan and Chris will serve on the AEGIS board alongside Benedict Rocchio of Baird Capital.

“We have developed the leading platform in the industry and as we take the next step in our evolution, the time was right to transition the CEO role to Bryan given his experience in strategy, M&A, managing large businesses and leading boards. Time in the field with clients, prospects, partners and industry leaders has always been my passion and I look forward to focusing my time there,” said Chris Croom of his new leadership responsibilities.

Justin McCrann, currently President of AEGIS, will assume the role of Chief Operating Officer. Justin has been with the firm since inception and has played a key role in developing every function within AEGIS, making him ideally suited to oversee the operations of the firm. Prior to AEGIS, Justin served in executive and leadership roles with BNP Paribas and Merrill Lynch/Allegheny Energy Global Markets and is widely known for his knowledge of the energy markets.   

Speaking about the leadership changes, Bryan Sansbury added, “Chris has been instrumental in establishing AEGIS as the leader in our market. Realigning the executive team is a natural step and positions us well to capitalize on our customer growth, fintech development and industry recognition. Chris, Justin and I will continue to work closely to bring customers the capabilities they need to deploy and protect capital.”

About AEGIS Energy Risk

AEGIS Energy Risk is the leading fintech and advisory solutions provider for energy derivatives, having been recognized as the Hedge Advisor of the Year for the last 3 years by Energy Risk Magazine. AEGIS’ proprietary FLOW software and unmatched depth in the energy and trading markets combine to power energy producers, investors and lenders as they deploy, grow and protect capital. With over 150 oil and gas entities producing over 2.4 million BOE/d, the AEGIS platform provides unmatched scale and insight for each of its users. For more information, please visit www.aegis-energy.com.