Excelerate Energy Inc. executive vice president and COO Calvin "Cal" Bancroft will resign from his current positions on Dec. 31, 2022, the company announced in a press release on Nov. 8.

After the effective date, Bancroft will report to president and CEO Steven Kobos as a senior advisor until Sept. 30, 2023, after which he is expected to retire. As of Jan. 1, 2023, David Liner will succeed Bancroft as executive vice president and COO.

“I want to thank Cal for his leadership and dedication," Kobos commented in the release. "He has been a key member of our executive team and an integral part of Excelerate’s transformation into the premier provider of flexible LNG solutions that it is today."

Bancroft has over 40 years of experience in the shipping industry, previously serving as global marine operations manager at Phillips 66, commercial logistics manager at Shell Chemical LP and vice president of fleet operations and facility security officer at Ocean Shipholdings Inc.

Having contributed greatly to the betterment of the maritime shipping industry, Bancroft has received two Homeland Security Public Commendations and recognition from the maritime industry during his career.

With over 25 years of experience in the maritime sector of the oil and gas industry, Liner joined Excelerate in August 2021 as vice president of operations, where he has overseen the company's fleet of vessels and terminals.

Prior to joining Excelerate, Liner served as chief officer of commercial and planning at Qatar Gas Transport Co., as well as in several positions at SeaRiver Maritime and Exxon Mobil Development Co.

“Excelerate is positioned extremely well for the next phase of its growth and success, guided by a clear strategy, outstanding leadership, and a superior workforce," Bancroft said in the release. "I can retire with confidence knowing that David Liner has the knowledge, skills and experience to be an exceptional operations leader.”

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