Simon Richards Email and Phone Number
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With 20+ years of experience leading up to my CEO tenure, I have utilized executive-level leadership to drive strategic business operations, including business development initiatives. Throughout my career, I have been integral to establishing people focused strategy & execution, while ensuring seamless M&A transactions.As a leader, I have focused on global cross-functional collaboration while overseeing thousands of employees. With an extensive people & culture focus, I have been able to drive high-level change management while delivering business process improvements & modernization.Some of my key achievements include:✅ Created Private Equity backed Joint Venture and successfully executed >$1B leveraged buyout of $2.3B, 200 store convenience retail business. As CEO delivered 50% EBITDA and 10% network growth in less than two years✅ Strategically negotiated 3 refined product terminals and oil pipeline joint ventures in conjunction with the Private Equity partner with >$500M deal value✅ Negotiated new terms with the Canadian government for access to cross border Canadian crude pipeline by adjusting capacity allocation regulations and securing $100M annually in crude supply cost reductions✅ Led the M&A process to carve out and sell BP’s 475 KBD Texas City Oil Refinery and 1200MW Cogeneration Power Plant securing and closing a $2.5B deal✅ Led multiple teams with 200+ consultants and employee business improvement program for BP’s then 5 US oil refineries, delivering $1.5B annual savings✅ Prepared for an IPO of BP’s Olefins and Derivatives Chemicals business, spanning 27 chemicals plants, 2 oil refineries, 8K employees, and marketing businesses across 3 continents, securing a subsequent $9B divestmentPlease contact me through this profile if you wish to connect.
Xpress Natural Gas
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Chief Executive OfficerXpress Natural Gas Oct 2021 - PresentAnodver, Ma, UsXpress Natural Gas (XNG) provides unparalleled service and technical expertise to help businesses and institutions join the energy revolution by transitioning to compressed natural gas (CNG). We want to help your business grow with safe, domestic natural gas if you cannot be connected to, or get enough supply from traditional pipeline gas. Depending on your current energy source, XNG can potentially halve your energy costs and GHG emissions overnight. As pioneers of the “virtual pipeline,” we are constantly introducing new lower carbon options for trucked CNG supply across New England and the Pacific Northwest. -
President & CeoThorntons Llc Feb 2019 - Oct 2021Louisville, Ky, Us• Oversee 3500 fantastic employees for a $2.3B sector leading U.S convenience store network with vertically integrated fuels, logistics, and fresh food operations. Initiated a joint venture and secured a >$1B leveraged buyout to transition the business from long term family ownership into joint venture with private equity and international oil company• Stabilized and modernized business processes while maintaining the family-based culture, leading to employee and customer retention and 50% EBITDA increase with a $175M in capital growth program in less than 2 years• Successfully led the business through the COVID-19 pandemic, achieving record business performance and financial stability -
Vp Corporate DevelopmentBp Apr 2015 - Feb 2019London, England, Gb• Directed a team of 5 to develop and implement North America business strategy by analyzing the asset portfolio to identify and secure portfolio transactions, successfully growing the downstream fuels business• Collaborated with Private Equity partner to plan and execute a joint venture and subsequent acquisition of Thorntons convenience retail company in a competitive leveraged buyout of $1B+• Strategically created 3 refined product terminals and pipeline JV’s with Private Equity partners, generating >$500M in cash proceeds• Integral in supporting the deployment of a successful convenience retail business in Mexico, influencing exponential growth• Developed, structured, and managed deal flow hopper resulting in numerous acquisition bids across convenience retail, midstream, and refined specialty products -
Vp Strategy & Business DevelopmentBp Feb 2013 - Apr 2015London, England, Gb• Led a team of 5-6 experts in finance and business strategy to redefine BPs $10B long-term U.S West Coast business strategy providing an investable proposition, resulting in significantly improving the ROI and business growth• Negotiated new access to Canadian crude pipelines by collaborating with the Canadian government to adjust the pipeline capacity allocation regulations, securing $100M annually in crude supply cost advantages• Developed and executed a capital investment plan between the refinery, midstream, and retail businesses, leading to $250M in annual allocations -
M&A - Texas City Refinery Divestment - Project DirectorBp Feb 2011 - Feb 2013London, England, Gb• Led M&A process for BP’s 475 KBD Texas City Oil Refinery and 1200MW Cogen Power Plant and associated marketing assets• Secured, negotiated, and closed $2.5B cash deal with Industry competitor• Directed team of 200 cross functional specialists to execute complex and contentious carve out of business from BP, including renegotiating 1000s of shared assets and contracts, consolidating IT systems, and restructuring Cogen legal structure -
Us Refining Business Performance Improvement - Program DirectorBp Feb 2009 - Feb 2011London, England, Gb• Managed multiple teams with 200+ Consultants and employees collectively, developing and leading various projects for the Business Improvement Program for BP’s then 5 US oil refineries by identifying and implementing more efficient processes to improve the overall profitability, safety, regulatory compliance, and operating reliability, resulting in $1.5B savings and performance improvement -
Chief Of Staff, Global RefiningBp Dec 2006 - Feb 2009London, England, Gb• Supported the accountability of the Executive Vice President, organizing and managing their business agenda, directing their teams, and ensuring the efficient execution of all tasks and responsibilities, accelerating the overall business productivity• Redesigned fundamental business structure from industry verticals to cross business regionally focused fuels value chains -
Program Director - Us Refineries Independent Safety InvestigationBp Nov 2005 - Dec 2006London, England, Gb• Led the process between the company experts and Secretary James Baker’s panel of industry experts to manage the quasi-public inquiry “BP US Refineries Independent Safety Review” following the Texas City Refinery explosion in 2005 -
M&A - Program Director $9Bn Chemicals DivestmentBp Jul 2004 - Dec 2006London, England, Gb• Carved out and prepared for IPO, BP’s Downstream Chemicals business, spanning 27 chemicals plants, 2 oil refineries, 8000 employees, and marketing businesses across 3 continents, ultimately securing and delivering $9B private divestment -
M&A - Program Director. $100M Specialty Lubricants DivestmentBp Apr 2003 - Jul 2004London, England, Gb• Carved out and divested 7 manufacturing plants, 1 oil refinery and marketing businesses across 5 continents representing exit for BP’s Global Specialty Lubricants business, delivering $100M in deal value and managed complex multi-continent post-closing transition -
Sales Director Europe - Lubricant BaseoilsMobil Industrial Lubricants Feb 2002 - Apr 2003• Directed $200M revenue sales teams across 3 countries, generating increase in return on sales by 55% and cash flow by 25%• Board Member for the lubricant refining and marketing JV in Spain, partnering with the CEPSA Spanish National Oil Company -
Supply Chain Manager EuropeMobil Industrial Lubricants Jan 1998 - Feb 2002Led supply planning, logistics, customer service and back office for $500m revenue specialty lubricants business -
Refinery OperationsMobil Oil Sep 1994 - Feb 1998Dammam, Eastern, SaProcess Engineering & Refinery volume planning and economic optimization roles, Coryton Refinery.
Simon Richards Skills
Simon Richards Education Details
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The University Of SheffieldProcess Safety & Loss Prevention -
Massachusetts Institute Of TechnologyExecutive Education - Operations Management -
University Of SurreyChemical Engineering
Frequently Asked Questions about Simon Richards
What company does Simon Richards work for?
Simon Richards works for Xpress Natural Gas
What is Simon Richards's role at the current company?
Simon Richards's current role is CEO and Board Member, experienced in International Business Operations Leadership, Business Development and M&A across 5 Continents, Driving Multi-Billion-Dollar Business Outcomes.
What is Simon Richards's email address?
Simon Richards's email address is si****@****inc.com
What schools did Simon Richards attend?
Simon Richards attended The University Of Sheffield, Massachusetts Institute Of Technology, University Of Surrey.
What skills is Simon Richards known for?
Simon Richards has skills like Energy, Refining, Petroleum, Downstream Oil And Gas, Business Strategy, Change Management, Oil And Gas, Joint Ventures, Process Engineering, Mergers And Acquisitions, Corporate Restructuring, Energy Industry.
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