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Sam Pruett in the President and Cofounder of J&L Laboratories, the premier independent laboratory in the Permian Basin, dedicated to the upstream oil and gas market. Under Sam's leadership, J&L Laboratories has become synonymous with precision, utilizing state-of-the-art instrumentation and automation to deliver the most accurate results with unmatched turnaround times. The lab stands out as the only facility in the region that combines the most advanced technology with the expertise of highly experienced personnel.For over five years, Sam has focused on delivering precise analytical methodologies, establishing J&L as the go-to authority for upstream market analysis in the Permian Basin. Drawing on experience in finance, business development and operations, Sam has driven J&L Laboratories to the forefront of innovation and reliability. The lab's commitment to excellence and strategic foresight ensures that clients' assets are not only evaluated and managed but truly maximized. J&L Laboratories is more than a service provider—it's the key to unlocking the full potential of your oil and gas operations. Potential Unlocked!
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PresidentJ&L Laboratories Apr 2019 - PresentMidland, Texas, UsJ&L Laboratories is the only true independent laboratory in the Permian Basin, focused primarily on the upstream market segment of the oil & gas industry. J&L Labs utilizes the latest in state-of-the-art instrumentation and automation to deliver the most accurate results and the fastest turn around times without compromises. J&L Laboratories employs far more accurate instrumentation such as being the only lab to utilize ion chromatography for anion and sulfate analysis, as well as employing instrumentation from Thermo Scientific, Rigaku, Gamry, PSL, PMAC and others. J&L Laboratories is your solution for evaluating, managing and maximizing the potential of your oil & gas producing assets - Potential Unlocked! -
North America New Business Development ManagerClariant Oct 2016 - Apr 2019Pratteln, Basel-Country, Ch -
Interim Director Us Oil Business LineClariant Jul 2016 - Oct 2016Pratteln, Basel-Country, Ch
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Commercial ManagerClariant Jun 2015 - Jul 2016Pratteln, Basel-Country, Ch
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District Manager - Permian BasinAegis Chemical Solutions Jun 2014 - Jun 2015Houston, Texas, UsManager for the Permian Basin region including five locations and over 80 employees. Recruited to turn around a struggling business that suffered from poor utilization of assets and inefficient manufacturing processes to a profitable and process driven organization.• Reorganized manufacturing and operations by recruiting top talent to improve manufacturing efficiency and security of supply, while implementing essential best practices to lower costs, achieve better quality and product performance.• Reorganized distribution to more effectively utilize high capacity assets, implemented new ordering and delivery systems reducing outages to customers, lead times and inventory levels while driving the organization to profitability.• Built processes and implemented best practices to support implementation of Microsoft Dynamics including order to cash process, materials management, and payables process resulting in a timely close and release of financials.• Became one of the employers of choice in the region by attracting top talent and organizing operations to support its employees allowing them growth and fulfillment in their positions through greater access to training, certifications and promotion. -
Finance Manager/ Controller - Aberdeen, Scotland, UkChampion Technologies Aug 2010 - Jun 2014Sugar Land, Tx, UsManage all finance, accounting and tax functions for Russia, the Caspian and Africa, with emphasis on new country entry, joint venture negotiations, and business/ risk analysis. Responsible for all business planning and capital projects in the Eastern Hemisphere and execution of strategic initiatives.• Led the SEC compliant balance sheet consolidation of the $2.4 billion merger of Nalco and Champion Technologies as part of the Ecolab acquisition of Champion Technologies, Inc.• Developed a turn-around business plan for Russia, overcoming pressure to exit through a five-year plan with clear market objectives, a performance management system to achieve goals, and leverage of existing infrastructure. Sales growth of 30% and earnings improvement of an additional 10% of sales realized in two years.• Developed, staffed and managed finance organizations in Caspian and West Africa, while simultaneously acting as chairman of the audit commission for the Kazakhstan JV, which holds the services and production chemistry contract for the Kashagan field in the Caspian Sea worth over $500 million in revenue over the next 10 years.• Advised on tax and cash flow strategies, including negotiating loan agreements with JV partners, compliant transfer of funds, and ensuring successful avenues for repatriation of funds from Kazakhstan and Angola. -
Manager Of Budgeting, Planning & Analysis/ Financial Consolidation ManagerChampion Technologies Sep 2004 - Jun 2014Sugar Land, Tx, UsManaged the finance team of over 12 direct and indirect reports responsible for strategic planning, budgeting, financial management training, long range forecasting, management reporting, annual reports, and bank compliance.• Addressed immediate need for assessment of the SAP reporting requirements fresh into implementation and developed a turn-around plan, including staffing a reporting team with two strategic hires to address immediate programming needs and a rapid response process to prioritize requirements, bring stabilization and increase morale. • Implemented and directed the first internal global strategic planning effort. After implementing the global strategic planning effort, the company grew from $350 million in sales $1 billion, achieving its highest levels of profitability.• Implemented a full suite of SAP Business Explorer/Excel based financial and operational reports, custom ABAP reports, dashboards, customer profitability reporting that continue to be key elements of the company’s order to cash process.• Evaluated multiple consolidation and reporting tools and selected to implement SAP’s SEM-BCS tool. Directed the system configuration and consolidation of a complicated legal structure with over 40 companies in 17 different currencies. The result was a process that delivered GAAP/IFRS compliant year-end reports in one-third of the time, returning ownership of the company’s books and saving the company nearly $1 million in audit fees annually.
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Senior Business AnalystWestlake Chemical Jul 1997 - Aug 2004Houston, Texas, Us• Provided support to executive management, serving as a knowledgeable, reliable, and trusted source for successful execution of initiatives, information, economic analysis, recommendations, business plans and presentations.• Implemented reporting solution based on the balanced scorecard system and led the implementation of financial elements of the Stern Stewart EVA Program.• Contributed to operational performance through financial analysis, and recommendations leading to growth strategies and acquisitions to complete vertical integration consuming over one billion pounds of chemicals in end use products.• Directly managed the divestiture of two underperforming manufacturing facilities by preparing offering memorandum packages, soliciting buyers, facilitating site visits and using an auction style process to divest the properties at substantially better prices than expected.• Implemented Hyperion Essbase as part of an SAP implementation and designed reporting solutions leading to better decision making and accolades from the vice-chairman on improvements to reporting and leveraging SAP functionality.• Implemented Crystal Reports to provide even greater analytical capability for manufacturing to optimize performance. -
Sr. Financial AnalystUsi Net Jun 1996 - Jul 1997• Joined the company to provide financial analysis and subsequent financial management in a bid to acquire the Sesquinet Network from Rice University – the last internet hub from the original DARPA project in university hands to go private.• Contributed to winning the bid for the acquisition of the telecommunications network through creative and persuasive presentation of five year strategic plan to directors of Rice University. • Identified, setup and staffed new satellite office location in Austin, Texas, doubling capabilities while expanding the company’s market opportunities and gaining access to a larger talent pool.• Took over direction of development groups by analyzing customer base and focusing on highly profitable customers, resulting in billable time increasing over 30% and improved struggling project turn-around by over 50%.
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Operations DirectorFleming Franchise Development Apr 1995 - Jun 1996• Directed the management of two company owner storefronts while providing business support to over 40 franchisees including business planning, startup support, and operational consulting• Improved operating performance and license revenue by identifying key business drivers and developing business support services program.• Developed business plans for franchisees with little financial experience aiding them to understand business economics, such as preparing important cash flow forecasts.• Partnered with franchisees to develop automated real-time metrics for monitoring operations and performance against financial goals.
Sam Pruett Skills
Sam Pruett Education Details
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University Of Houston, C.T. Bauer College Of BusinessFinance And Accounting -
The University Of Texas At DallasOrganizational Leadership
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University Of Houston, C.T. Bauer College Of BusinessBusiness
Frequently Asked Questions about Sam Pruett
What company does Sam Pruett work for?
Sam Pruett works for J&l Laboratories
What is Sam Pruett's role at the current company?
Sam Pruett's current role is President - J&L Laboratories.
What is Sam Pruett's email address?
Sam Pruett's email address is sa****@****ech.com
What is Sam Pruett's direct phone number?
Sam Pruett's direct phone number is (713)-627*****
What schools did Sam Pruett attend?
Sam Pruett attended University Of Houston, C.t. Bauer College Of Business, The University Of Texas At Dallas, University Of Houston, C.t. Bauer College Of Business.
What skills is Sam Pruett known for?
Sam Pruett has skills like Forecasting, Management, Sap, Petroleum, Strategic Planning, Strategy, Financial Analysis, Analysis, Budgets, Project Management, Mergers And Acquisitions, Process Improvement.
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