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Liberty Energy Inc. Appoints Arjun Murti to Its Board of Directors

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Liberty Energy (NYSE: LBRT) has announced the appointment of Arjun Murti to its Board of Directors. Murti brings over 30 years of experience as an equity research analyst, advisor, and board member in the global energy sector. He currently serves as a Partner at Veriten and as a Senior Advisor at Warburg Pincus. His previous roles include Partner at Goldman Sachs (2006-2014), where he also served as Co-Director of Equity Research for the Americas.

Murti's extensive career includes positions at JP Morgan Investment Management and Petrie Parkman. He has been a board member at ConocoPhillips since 2015, where he chairs the audit and finance committee. The appointment was announced by Ron Gusek, President and named successor to the chief executive officer, who emphasized Murti's expertise in energy markets, policy, and strategy as complementary additions to Liberty's board.

Liberty Energy (NYSE: LBRT) ha annunciato la nomina di Arjun Murti nel suo Consiglio di Amministrazione. Murti vanta oltre 30 anni di esperienza come analista di ricerca azionaria, consulente e membro del consiglio nel settore energetico globale. Attualmente, ricopre il ruolo di Partner presso Veriten e di Senior Advisor presso Warburg Pincus. Tra i suoi ruoli precedenti figura quello di Partner presso Goldman Sachs (2006-2014), dove ha anche ricoperto la carica di Co-Director of Equity Research per le Americhe.

La carriera di Murti include posizioni presso JP Morgan Investment Management e Petrie Parkman. È membro del consiglio di amministrazione di ConocoPhillips dal 2015, dove presiede il comitato di audit e finanza. La nomina è stata annunciata da Ron Gusek, Presidente e successore nominato dell'Amministratore Delegato, che ha sottolineato l'esperienza di Murti nei mercati energetici, nelle politiche e nelle strategie come aggiunte complementari al consiglio di Liberty.

Liberty Energy (NYSE: LBRT) ha anunciado la nominación de Arjun Murti a su Junta Directiva. Murti aporta más de 30 años de experiencia como analista de investigación de acciones, asesor y miembro de la junta en el sector energético global. Actualmente, es socio en Veriten y asesor senior en Warburg Pincus. Entre sus roles anteriores se incluye su puesto como socio en Goldman Sachs (2006-2014), donde también ocupó el cargo de Co-Director de Investigación de Acciones para las Américas.

La extensa carrera de Murti incluye cargos en JP Morgan Investment Management y Petrie Parkman. Ha sido miembro de la junta de ConocoPhillips desde 2015, donde preside el comité de auditoría y finanzas. La nominación fue anunciada por Ron Gusek, presidente y sucesor nombrado del director ejecutivo, quien enfatizó la experiencia de Murti en mercados de energía, políticas y estrategias como adiciones complementarias a la junta de Liberty.

리버티 에너지 (NYSE: LBRT)는 아르준 무르티를 이사회의 새로운 멤버로 임명했다고 발표했습니다. 무르티는 글로벌 에너지 부문에서 주식 리서치 분석가, 자문가 및 이사로서 30년 이상의 경험을 보유하고 있습니다. 그는 현재 베리텐의 파트너 및 워부르크 핀커스의 선임 자문으로 활동하고 있습니다. 이전에는 골드만삭스(2006-2014)에서 파트너로 일했으며, 아메리카 지역의 주식 리서치 공동 이사로 재직했습니다.

무르티의 경력은 JP 모건 투자 관리와 페트리 파크맨에서의 직책을 포함하고 있습니다. 그는 2015년부터 코노코필립스의 이사로 활동하고 있으며, 감사 및 재무 위원회를 맡고 있습니다. 이번 임명은 론 구셱, 회장 및 CEO의 지명 후계자에 의해 발표되었으며, 그는 에너지 시장, 정책 및 전략에 대한 무르티의 전문성이 리버티 이사회에 보완적인 추가 요소가 될 것이라고 강조했습니다.

Liberty Energy (NYSE: LBRT) a annoncé la nomination de Arjun Murti au sein de son Conseil d'Administration. Murti apporte plus de 30 ans d'expérience en tant qu'analyste en recherche sur actions, conseiller et membre du conseil dans le secteur énergétique mondial. Il est actuellement associé chez Veriten et conseiller senior chez Warburg Pincus. Ses précédents postes incluent celui d'associé chez Goldman Sachs (2006-2014), où il a également été co-directeur de la recherche sur actions pour les Amériques.

La carrière étendue de Murti inclut des postes chez JP Morgan Investment Management et Petrie Parkman. Il est membre du conseil d'administration de ConocoPhillips depuis 2015, où il préside le comité d'audit et de finances. La nomination a été annoncée par Ron Gusek, Président et successeur nommé du directeur général, qui a souligné l'expertise de Murti dans les marchés de l'énergie, la politique et la stratégie comme des ajouts complémentaires au conseil de Liberty.

Liberty Energy (NYSE: LBRT) hat die Ernennung von Arjun Murti in seinen Vorstand bekannt gegeben. Murti bringt über 30 Jahre Erfahrung als Aktienforschungsanalyst, Berater und Vorstandsmitglied im globalen Energiesektor mit. Derzeit ist er Partner bei Veriten und Senior Advisor bei Warburg Pincus. Zu seinen früheren Positionen zählt die Rolle als Partner bei Goldman Sachs (2006-2014), wo er auch Co-Direktor der Aktienforschung für die Amerikas war.

Murti hat eine umfangreiche Karriere mit Positionen bei JP Morgan Investment Management und Petrie Parkman. Seit 2015 ist er Mitglied des Vorstands von ConocoPhillips und leitet den Prüfungs- und Finanzausschuss. Die Ernennung wurde von Ron Gusek, Präsident und benanntem Nachfolger des Vorstandsvorsitzenden, bekannt gegeben, der Murti's Expertise in den Energiemärkten, der Politik und der Strategie als ergänzende Beiträge zum Vorstand von Liberty betonte.

Positive
  • Appointment of seasoned energy sector expert with over 30 years of experience
  • Addition of board member with significant financial markets expertise from Goldman Sachs, JP Morgan
  • Strengthened corporate governance through experienced audit committee chair of ConocoPhillips
Negative
  • None.

DENVER--(BUSINESS WIRE)-- Liberty Energy Inc. (NYSE: LBRT; “Liberty” or the “Company”) announced today the appointment of Arjun Murti to its Board of Directors.

“We are pleased to welcome Arjun to the Board and the Liberty family,” said Ron Gusek, President and named successor to the chief executive officer. “Arjun has spent over 30 years as an equity research analyst, advisor, and board member covering the global energy sector. His exceptional experience and expertise in energy markets, policy, and strategy is a complementary addition to our Board. His passion for advancing global prosperity through expanded energy access aligns seamlessly with Liberty’s mission of Bettering Human Lives.”

Mr. Murti is a Partner at Veriten LLC, a private research, investment and strategy firm, and a Senior Advisor at Warburg Pincus, a private equity firm. He previously served as a Partner at Goldman Sachs from 2006 to 2014. Prior to becoming Partner, he held the roles of Managing Director from 2003 to 2006 and as Vice President from 1999 to 2003. Mr. Murti was an equity research analyst at Goldman Sachs specializing in the energy sector and later served as Co-Director of Equity Research for the Americas from 2012 to 2014. Earlier in his career, Mr. Murti held equity analyst positions at JP Morgan Investment Management from 1995 to 1999 and at Petrie Parkman from 1992 to 1995.

Mr. Murti has been a member of the board of directors of ConocoPhillips since 2015 and serves on their audit and finance committee as chair, executive committee, and human resources and compensation committee. He also serves on the advisory boards of ClearPath and the Center on Global Energy Policy at Columbia University. Mr. Murti holds a Bachelor of Science and Arts in Finance from the University of Denver.

About Liberty

Liberty Energy Inc. (NYSE: LBRT) is a leading energy services company. Liberty is one of the largest providers of completion services and technologies to onshore oil, natural gas, and enhanced geothermal energy producers in North America. Liberty also owns and operates Liberty Power Innovations LLC, providing advanced distributed power and energy storage solutions for the commercial and industrial, data center, energy, and mining industries. Liberty was founded in 2011 with a relentless focus on value creation through a culture of innovation and excellence and the development of next generation technology.

Liberty is headquartered in Denver, Colorado. For more information, please visit www.libertyenergy.com and www.libertypowerinnovations.com, or contact Investor Relations at IR@libertyenergy.com.

Michael Stock

Chief Financial Officer

Anjali Voria, CFA

Director of Investor Relations

303-515-2851

IR@libertyenergy.com

Source: Liberty Energy Inc.

FAQ

Who is the new board member appointed to Liberty Energy (LBRT)?

Arjun Murti, a Partner at Veriten and Senior Advisor at Warburg Pincus, with over 30 years of experience in the energy sector, has been appointed to Liberty Energy's Board of Directors.

What is Arjun Murti's experience in the energy sector before joining LBRT's board?

Murti has over 30 years of experience as an equity research analyst, including roles as Partner at Goldman Sachs (2006-2014), positions at JP Morgan Investment Management (1995-1999), and Petrie Parkman (1992-1995).

What other board positions does LBRT's new director Arjun Murti hold?

Murti has been a board member at ConocoPhillips since 2015, where he chairs the audit and finance committee, and serves on advisory boards of ClearPath and the Center on Global Energy Policy at Columbia University.

What is the significance of Arjun Murti's appointment to Liberty Energy's board?

Murti's appointment brings extensive energy sector expertise, financial markets experience, and strong governance background to Liberty Energy, complementing the board's existing capabilities.

Liberty Energy Inc.

NYSE:LBRT

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