Stabilis Solutions, Inc. Appoints Westervelt T. “Westy” Ballard, Jr. as Its President
August 24, 2021 at 11:11 am
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Stabilis Solutions, Inc. announced that it has appointed Westervelt T. “Westy” Ballard, Jr. as its president and chief executive officer, effective August 23, 2021. Mr. Ballard will replace James C. “Jim” Reddinger, who has resigned as the Company’s president, chief executive officer and director to pursue other opportunities. Mr. Ballard has also been appointed to the Company’s board of directors (the “Board”). Simultaneously, the Company’s founder and executive chairman, J. Casey Crenshaw, will relinquish his operational responsibilities and become the non-executive chairman of the Board. Prior to joining the Company, Mr. Ballard served from 2018 to 2021 as executive vice president, chief financial officer and treasurer of Superior Energy Services, Inc.
Stabilis Solutions, Inc. and its subsidiaries is an energy transition company. The Company provides turnkey clean energy production, storage, transportation and fueling solutions primarily using liquefied natural gas (LNG) to multiple end markets. The Company provides liquefied natural gas (LNG) solutions to customers in diverse end markets, including aerospace, agriculture, energy, industrial, marine bunkering, mining, pipeline, remote power, and utility markets. It builds and operates cryogenic natural gas processing facilities, called liquefiers, which convert natural gas into LNG through a purification and multiple stage cooling process. It owns and operates a liquefier that can produce up to 100,000 LNG gallons per day in George West, Texas and a liquefier that can produce up to 30,000 LNG gallons per day in Port Allen, Louisiana. It offers its customers a virtual natural gas pipeline by providing turnkey LNG transportation and logistics services in North America.