United Fuel & Energy, a distributor of gasoline, diesel, propane and lubricant products, has appointed Lyndon James as its interim chief financial officer.
Mr James, a partner of Tatum, has served as senior vice president, CFO and controller for companies in the oil and gas, mining, manufacturing and insurance sectors.
Mr James replaces Valerie Newsom, the company’s interim CFO. Ms Newsom will continue to serve in her prior role as the company’s controller. Ms Newsom served as the company’s interim CFO since the retirement of Bobby Page earlier this month.
Mr James also served as CEO of Sola Communications in Scott, Louisiana, a satellite communications provider to the onshore and offshore oil and gas industry. Prior to joining Tatum in 2005, Mr James was CFO of Insurance Team One Services in Irving, Texas and senior vice president and CFO for The Henry Group, a privately owned manufacturing and installation company servicing the food industry.
Chuck McArthur, president and CEO of United Fuel & Energy, said: We are pleased to have Lyndon James join the United Fuel & Energy Team. His experience at managing large credit facilities, financial restructurings and significant financings, as well as his expertise at establishing financial controls and processes for large and complex organizations will be a great asset for us at this time of substantial expansion.