Shawn M. Canaday manages strategic planning, investor relations, procurement, treasury and tax functions
for the Denver-based E&P, soon to be acquired by Linn Energy Corp. The deal marks the first purchase of a public C-Corp by an upstream MLP or LLC.
During 10-year stint with Berry, he served as vice president and controller, interim chief financial officer, treasurer, and senior financial analyst. A CPA, Canaday was a senior auditor for Brown Armstrong Accountancy
Corp. before joining Berry. The California native began his career as an internal auditor and analyst for Chevron.
Accomplishments: Led the process for Berry’s first equity offering in 20 years and $1.4 billion of high-yield note offerings. Improved timeliness and usability of accounting information, going from 30-day to 10-business-day accounting close. In 2012, built out procurement function, allowing standardization at the corporate level and resulting
in $25 million in savings in 2012 capital program. Managed growth by building teams and adapting as company expanded from $300- to $500 million in market cap and 12,000 barrels a day of production to a $2.5-billion
market cap with 40,000 barrels per day. Holds MS in finance and MBA from Golden Gate University, and BS in business administration/accounting from California State University, Fresno.
On managing growth: “Having the team change as the organization changes is one of the biggest challenges.”
Goal: “Long term, to be in a position where I can help drive significant value, whether at a public or private company.”
Oil and Gas Investor is accepting nominations for the next installment in its 20 Under 40 series. Please submit nominations online at oilandgasinvestor.com/20under40, or email submissions to associate editor Caroline Evans, cevans@hartenergy.com.
Recommended Reading
Greenbacker Names New CFO, Adds Heads of Infrastructure, Capital Markets
2024-02-02 - Christopher Smith will serve as Greenbacker’s new CFO, and the power and renewable energy asset manager also added positions to head its infrastructure and capital markets efforts.
Humble Midstream II, Quantum Capital Form Partnership for Infrastructure Projects
2024-01-30 - Humble Midstream II Partners and Quantum Capital Group’s partnership will promote a focus on energy transition infrastructure.
SunPower Appoints Garzolini as Executive VP, Chief Revenue Officer
2024-03-14 - Tony Garzolini will oversee SunPower’s sales, including the direct, dealer and new homes channels, along with pricing and demand generation.
enCore Energy Appoints Robert Willette as Chief Legal Officer
2024-02-01 - enCore Energy’s new chief legal officer Robert Willette has over 29 years of corporate legal experience.
Sherrill to Lead HEP’s Low Carbon Solutions Division
2024-02-06 - Richard Sherill will serve as president of Howard Energy Partners’ low carbon solutions division, while also serving on Talos Energy’s board.