HOUSTON--(BUSINESS WIRE)--Asset Risk Management, LLC (ARM) announced today that Christopher S. Lang has joined the company as senior vice president and will lead ARM’s Chicago office. The company also has offices in Houston and Pittsburgh. Founded in 2004, ARM provides dynamic risk management services to oil and gas producers with a focus on the development and implementation of hedging strategies and natural gas marketing.
“ARM is aggressively responding to the needs of our customer base by expanding our physical footprint and recruiting people with exceptional talent like Chris Lang,” said ARM Chairman Gil Burciaga. “Chris has unparalleled experience in energy and commodities. He brings a powerful combination to ARM and our clients: a deep, first-hand understanding of the challenges that oil and gas producers face every day and a keen understanding of market fundamentals. Chris has a distinguished track record of success when it comes to developing and implementing risk management solutions that create value. We are very pleased to have Chris on our team.”
Mr. Lang has more than 20 years of energy industry experience, the past 18 focused on providing energy risk management services to a broad array of energy market participants. Prior to joining Asset Risk Management, Mr. Lang served as a director at Barclays Capital, where he was responsible for energy derivative sales to North American oil and gas producers and managed coverage for Canadian clients. Prior to Barclays Capital, Mr. Lang was head of commodity sales at UBS AG. While at UBS AG, he developed and led a client coverage team focused on creating and executing commodity risk management and structured commodity financing and investor solutions for a broad array of market participants. Mr. Lang began his career in energy banking at Bank One N.A. During his 14-year tenure at Bank One, he worked in a variety of energy-related roles, including managing director and team lead for interest rate and commodity derivative sales to large corporations and head of commodity sales. Mr. Lang earned a Bachelor of Science degree from Marquette University and a Master of Business Administration degree from the University of Notre Dame.
Mr. Lang said of his new position, “I am very excited to be joining a team with such deep experience in the energy industry. ARM provides independent oil and gas producers the opportunity to significantly improve their hedging performance with a rigorous framework and methodology that is grounded in fundamental market analytics. I look forward to working with my new colleagues at ARM to offer this expertise across a broad geographic base.”
About Asset Risk Management, LLC
Headquartered in Houston
with offices in Chicago and Pittsburgh, Asset Risk Management has been
helping oil and gas producers make better hedging decisions since 2004.
ARM takes a dynamic approach to risk management by implementing
strategies that not only provide protection but also create value as the
market provides opportunity. ARM represents more than 65 public and
private companies and interacts with all major energy commodity
counterparties. ARM’s Gas Marketing division focuses on physical assets
in the natural gas market. ARM is led by Chairman Gil Burciaga, who was
a founding member of Natural Gas Clearinghouse (now DYNEGY, NYSE: DYG),
CEO Zach Lee and President Chris Croom. Each senior member of ARM’s
executive management team has more than 20 years of experience in the
energy industry. This experience and deep knowledge of the market
distinguishes ARM in the marketplace and enables the company to deliver
faster service, dynamic market opportunities and reliable,
cost-effective marketing services. For more information please visit www.asset-risk.com.