Tom Grasso Email & Phone Number

Houston, TX, US

Houston, TX, US

Houston, TX, US

Houston, TX, US

• Head of LyondellBasell's Corporate Finance team responsible for:
• Bank and Credit Rating Agency Relations
• Debt Capital Markets Transactions
• Corporate Liquidity Facilities
• M&A Evaluation and Financing
• Interest Rate Hedging

Houston, TX, US

• Senior member of the Corporate Finance team responsible for capital allocation decisions including:
• Investment valuation and M&A screening
• Derivative hedging portfolio management
• Debt placement in the bank and capital markets
• Share repurchase and dividend policy
• Credit Rating Agency relationship management

Houston, Texas, US

• Selected as the Treasury representative on the divestiture team that delivered the $13B sale of ConocoPhillips's Canadian assets. Responsibilities included developing the company's deleveraging strategy, advising on.
• Project lead for executing the company’s liability management efforts to reduce balance sheet debt by over $10B; deleveraging methods may include make-wholes, tenders and open market repurchases.
• Actively managing all activities related to credit ratings agencies including company strategy, detailed analysis of leverage metrics, and peer company comparisons.
• Primary adviser to executive management on liquidity positioning; Designed and implemented a cash flow-based stress test to continuously ensure adequate liquidity in the event of an extended price collapse.
• Primary interface for capital markets bankers from the 30+ banks in the company revolver.
• Advisor to executive management on share repurchase alternatives including Accelerated Share Repurchase (ASR), ratable open market repurchases, and grid-based approaches.

Houston, Texas, US

• Led a team of four responsible for the financial evaluations of new oil sands investments ranging from small efficiency projects to multi-billion-dollar greenfield production facilities.
• Standardized valuation reports to BU leadership ensuring consistency for projects involving central processing, well pads, increases to steam generation capacity, and operating efficiencies.
• Implemented a formal quality assurance process to ensure valuation consistency and accuracy.
• Coordinated investment authorization packages requiring corporate approval.

Houston, Texas, US

• Led a team of six responsible for all financial aspects of ConocoPhillips’s GOM Exploration business including reporting, budgeting, invoicing, planning, and funding authorizations.
• Provided financial review and advised on Exploration leasehold transactions totaling over $250MM, including acquisitions, farm-ins, farm-outs, and exchanges.
• Identified over $3MM of cash recoverable from partners due to errors in joint interest bills.
• Implemented multiple systems and accounting procedures including SAP drilling project set-up, inventory and materials management, and partner cash call procedures.

Houston, Texas, US

• Responsible for the economic framing and valuation of a diverse upstream portfolio including deepwater exploration, onshore L48 shale, onshore conventional exploration, LNG and oil sands.
• Coordinated the efforts of a multidisciplinary team of engineers and geotechnical experts to frame the value proposition to ConocoPhillips of appraising its Niobrara shale position under various scenarios.
• Negotiated delivery shortfall and pricing formula sections of the Brass LNG gas supply contract.
• Automated the economic evaluation process for deepwater Gulf of Mexico exploration dramatically improving processing times and expanding the company's ability to benchmark a variety of subsurface model outputs using.
• Taught a variety of corporate classes including Economics 101, Modeling Excellence and the Oil and Gas Value Chain.

Houston, Texas, US

• Coordinated ConocoPhillips’s policy positioning and advocacy efforts regarding the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
• Analyzed the National Commission on the BP Deepwater Horizon Oil Spill and Offshore Drilling’s final report and drafted insights and recommendations for executive management.
• Led ConocoPhillips’s verbal and written response efforts addressing multiple inquiries the company received from the U.S. House Energy and Commerce Committee.
• Managed ConocoPhillips’s Natural Gas Demand Advocacy task force. This cross-functional team of managers is responsible for developing globally consistent policy positions and advocacy strategies that promote increased.
• Drafted a corporate set of core energy principles to be used as a guide in developing specific energy policy positions.

Houston, Texas, US

• ConocoPhillips finance lead for the previously contemplated $8 BN Project Financing of Yanbu Export Refinery in Yanbu, Kingdom of Saudi Arabia.
• Analyzed and negotiated multiple credit facilities including export credit loans, bank term loans, U.S. project bond, Saudi government loans, and Islamic financing sources.
• Negotiated and closed operating leases for two Boeing 737-700s being used in Alaska.
• Primary finance contact for foreign exchange exposure management (2007-2008).
• Analyzed and briefed executive management on structured share repurchase options.
• Responsible for providing Treasury comments and approval for all upstream funding requests.

• Constructed finance and tariff models for the Alaska Gas Project – a pipeline designed to bring 4 BCF/day of natural gas from Alaska’s North Slope to North American markets.
• Performed commercial analysis around project financing the Alaska Gas Project.
• Served as a public ambassador educating Alaskans statewide during the public review period of the Alaska Gas Project’s Fiscal Contract.
• Familiarized employees with the project through information sessions held on the North Slope.
• Completed an internal education course on project valuation entitled “Modeling Excellence.”

Zurich, CH

• Led a team of three controllers and was one of the youngest employees promoted to Associate Director.
• Managed the risk analysis and reporting of profit and loss for UBS’s North American Structured Credit Derivative business ensuring accurate and timely financial reporting to senior management.
• Responsible for over ten portfolios including multiple one billion dollar credit derivative structures.
• Applied knowledge of correlation, Monte Carlo simulations, recovery assumptions, and structuring to manage trading reserves in excess of $20MM.
• Analyzed derivative contracts within the framework of International Swaps and Derivatives Association (ISDA) definitions to guarantee accurate product valuation and control.
• Hedged rate exposure of Credit Derivative Business’s industrials portfolio by trading over $100MM of treasury and interest rate products eliminating profit and loss caused by market asymmetries.

Mba, Finance And Strategy

Ba, Economics