With 40 years of experience in the energy sector and a number of senior-level positions at companies such as Chesapeake Energy and ConocoPhillips, Mike Stice will now serve on the advisory board of EIM Capital, a private equity firm focusing on Mexico’s midstream sector.
“Mike is one of the most admired people in the energy industry, globally, in the US and in academia,” EIM Capital’s chief executive Franco Hamdan said in a statement. “His experience building out Chesapeake’s midstream division around unconventional plays and his global experience will be invaluable,” he added.
In addition to serving as president and chief operating officer of Chesapeake Midstream Development, Stice also held the position of senior vice president of natural gas projects at Chesapeake Energy. Before joining Chesapeake in 2008, Stice spent 27 years with ConocoPhillips and its predecessor companies.
Most recently, he served as chief executive of Access Midstream Partners, a growth-oriented midstream natural gas and liquids infrastructure provider that last year merged with Williams Cos.
EIM Capital, which stands for Energy and Infrastructure Mexico, according to the firm’s website, was “founded in anticipation of Mexico´s historic Constitutional Reform of 2013.”
In addition to Hamdan, other advisory board members include former Mexican President Vicente Fox and former Minister of Communication and Transportation Pedro Cerisola.
The firm is based in Mexico City and has an office in Dallas.
It is not clear when EIM was established nor its assets under management. The firm did not respond to requests for comment.