DALLAS, Nov. 02, 2015 (GLOBE NEWSWIRE) — Bridger Logistics, an integrated crude oil midstream company based in Dallas, Texas, announced today the appointment of Todd Soiefer as Chief Financial Officer. In addition to his new responsibilities, Soiefer will continue to serve as Senior Vice President of Strategic Development for Bridger’s parent company, Overland Park, Kansas-based Ferrellgas Partners, L.P.
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“Todd’s track record speaks for itself. In a very short time he proved himself as the ideal candidate to help lead Bridger into the future,” said Julio Rios, President and Chief Executive Officer, Bridger Logistics & Executive Vice President, Ferrellgas. “He has been an integral member of excellent leadership teams, driving finance, M&A, and strategic business development. His unique energy, vision, and the respect he has garnered on Wall Street will be huge assets for us as we continue to pursue rapid strategic development and growth.”
Soiefer, who has worked closely with Bridger since the acquisition, joins the company effective immediately.
“Under the leadership of Julio Rios and Jeremy Gamboa, Chief Operating Officer, Bridger Logistics & Executive Vice President, Ferrellgas, Bridger Logistics has made tremendous progress in a remarkably short time,” Soiefer offered. “I feel privileged to join this team and to be offered the opportunity play a role in what I am confident will be an exceptional story of growth and success.”
Soiefer, who has been with Ferrellgas since January 2014, brings a decade of diverse financial and strategic leadership experience to his role with Bridger. Before assuming his current responsibilities, he served as a Director at international investment bank RBC Capital Markets, which is part of the Royal Bank of Canada. He came to RBC from Internet Marketing Inc., a San Diego-based full-service digital marketing agency, where he was the Northeast Region President. Prior, he held leadership roles at both Magnetar Capital and Deutsche Bank. He earned a Bachelor of Business Administration in Finance and Marketing from Emory University’s Goizuieta Business School.
Founded in 2010, Bridger operates an integrated portfolio of crude-focused midstream assets that generate fee-based income by providing crude oil transportation and logistics services on behalf of oil and gas producers, marketers, and end-users of crude oil. Bridger’s integrated portfolio of midstream assets consists of truck, pipeline terminal, storage, pipeline, rail, and maritime assets. Bridger’s cash flow is expected to be predominantly generated from fee-based commercial agreements and take-or-pay contracts.
Ferrellgas Partners, L.P., through its operating partnership, Ferrellgas, L.P., and subsidiaries, serves propane customers in all 50 states, the District of Columbia, and Puerto Rico, and provides midstream services to major energy companies in the United States. Ferrellgas employees indirectly own 22.8 million common units of the partnership, or 22.7% of the outstanding units, through an employee stock ownership plan. Ferrellgas Partners, L.P. filed a Form 10-K with the Securities and Exchange Commission on September 29, 2015. Investors can request a hard copy of this filing free of charge and obtain more information about the partnership online at www.ferrellgas.com.
The photo is also available via AP PhotoExpress.
CONTACT: Jack Herrold, Investor Relations, 913-661-1851 Jim Saladin, Media Relations, 913 661-1833 Scott Brockelmeyer, Media Relations, 913-661-1830