JP Energy Partners, LP (JPEP) announced last week the appointment of Patrick Welch as the company’s Executive Vice President and Chief Financial Officer. Mr. Welch has been serving as the interim Chief Financial Officer for the company since November of last year.
Mr. Welch brings over 24 years of energy industry finance and accounting experience. Most recently he served as a Managing Director at Opportune LLP, a financial consultancy firm focused exclusively on the energy sector, where he focused primarily on providing IPO readiness services to energy companies. Mr. Welch previously served as Chief Financial Officer for Atlantic Power Corporation, a publicly traded independent power producer and for a privately-held renewable energy development and construction company.
Prior to Atlantic Power Corporation, Mr. Welch was Vice President and Controller of DCP Midstream and DCP Midstream Partners in Denver, Colorado where he was responsible for the accounting and public reporting functions of the company and played a significant role in the initial public offering of DCP Midstream Partners. Before DCP Midstream, Mr. Welch held various positions with Dynegy, Inc. in Houston, Texas including Vice President and Controller of Dynegy Generation and Assistant Corporate Controller. Mr. Welch started his career with PricewaterhouseCoopers LLP where he serviced several major energy clients, including one of the largest midstream master limited partnerships. Mr. Welch obtained his Bachelor’s Degree from the University of Central Oklahoma and is a Certified Public Accountant.
Mr. J. Patrick Barley, President and Chief Executive Officer of JP Energy Partners, LP stated:
“We are excited to have Pat on board as our permanent CFO. He has served as our interim Chief Financial Officer for the past five months and we are confident that his diverse experience in the energy industry will be very beneficial to the continued growth and overall success of JP Energy Partners.”