GreenHunter Resources Inc. (NYSE: GRH) appointed Ronald “Ron” McClung as its senior vice president and chief financial officer effective Sept. 1.
McClung, who is a certified public accountant (CPA) in good standing with the Texas State Board of Public Accountancy, brings more than 25 years of both public and private company audit, treasury, risk management, SEC public company reporting, Sarbanes-Oxley compliance, due diligence and acquisition integration experience. McClung initiated his career as an audit manager while at public accounting firms KPMG and Robinson Burdette Martin & Cowan LLP, and as a corporate controller while at Key Energy Services Inc. and as a chief financial officer at Basic Energy Services Inc. Most of his experience has been in the oilfield service sector with companies that are heavily involved in both salt water disposal and trucking operations associated with this business. Most recently, McClung served as corporate controller for Patterson-UTI Energy Inc. McClung earned a Bachelor of Accounting degree from Texas Tech University where he graduated Summa Cum Laude.
“We look forward to Ron’s arrival and subsequent implementation of the necessary improvements we are seeking in our accounting and finance department which we anticipate will vastly improve both the timing and internal financial reporting necessary for management oversight,” said Jonathan D. Hoopes, interim CEO, president and COO of GreenHunter Resources, in the release.
GreenHunter Resources Inc. is a diversified water resource, waste management and environmental services company specializing in the unconventional oil and natural gas shale resource plays. The company is based in Grapevine, Texas.