Douglas L. Foshee – NextOp Veterans

Douglas L. Foshee

Sallyport Investments, LLC

Doug has spent over thirty years in the Energy Industry and is founder and owner of Sallyport Investments, LLC.

Previous Experience

Foshee was the Chairman and Chief Executive Officer of El Paso Corporation and a director of El Paso Pipeline GP Company, L.L.C., the general partner of El Paso’s publicly traded master limited partnership, El Paso Pipeline Partners, L.P. until May 2012 when El Paso was acquired by Kinder Morgan. Foshee served as Chief Financial Officer and Chief Operating Officer of Halliburton Company. Prior to Halliburton, he was President, CEO and Chairman of Nuevo Energy Company and CEO and Chief Operating Officer of Torch Energy Advisors Inc. He held various positions in finance and new business ventures with ARCO International Oil and Gas Company and spent several years in energy banking. He formerly chaired the board of directors of The Federal Reserve Bank of Dallas, Houston Branch. In 2009, Foshee was appointed by the U.S. Treasury and the Federal Reserve Bank of New York to serve in a leadership role as an independent trustee of the AIG Credit Facility Trust. The Trust was established by the U.S. Treasury to hold a 77.9 percent equity interest in American International Group (AIG).

Foshee earned an MBA from the Jesse H. Jones School at Rice University in 1992 and a Bachelor of Business Administration degree from Southwest Texas State University in 1982. He is also a graduate of the Southwestern Graduate School of Banking at Southern Methodist University.