Our team brings a comprehensive mix of commercial, technical and financial skills to the business with over 150 years of experience in the energy sector. The principals of Fairway Energy are:
Christopher C. Hilgert - Chief Executive Officer and Director
Mr. Hilgert has an extensive background in the midstream and upstream sectors of the oil and gas industry and has served as our Chief Executive Officer and board member since June 2011.
Mr. Hilgert began his career in 1989 as a facilities engineer with Shell Exploration & Production and worked in the Engineering & Construction group for six years overseeing a variety of oil and natural gas assets, primarily in West Texas and the Rockies. During this period, he developed extensive experience in the areas of gas treating and processing.
Mr. Hilgert moved over into the Corporate Finance group in 1996 and then the Mergers & Acquisitions group, where he focused primarily on E&P transactions.
Mr. Hilgert joined the Producer Finance group at Enron starting in late 1998 and later transitioned into Enron’s North America Wholesale Gas & Power division in 1999 before leaving Enron in 2001. Mr. Hilgert then moved on to Shell Capital as a Vice President, where he focused most of his efforts towards managing and ultimately selling Shell Capital’s Producer Finance portfolio to the Royal Bank of Scotland in 2002.
Mr. Hilgert left Shell Capital in 2003 to work on developing various underground gas storage projects over the prior to forming Fairway including the Tres Palacios, Leaf River, and Pierce Junction projects.
Mr. Hilgert received a B.S. in Mechanical Engineering from Penn State University in 1989 and an M.B.A. from the University of Houston in 1996
Robert M. Flavin - Chief Financial Officer
Mr. Flavin has served as our Chief Financial Officer since November 2012 and was a member of our board of directors from February 2014 through July 2015. Bob has over 30 years in senior financial management and leadership positions in both public and private companies.
For over 16 years, Bob worked within various Phibro Energy affiliates, starting as a Controller. After holding held various positions with increasing responsibilities and was named Senior Vice President and Chief Financial Officer of the refining division in 1992, a position he held through 1998.
Since leaving Phibro, Mr. Flavin has served as Chief Financial Officer for Ambar, Inc., Coast Energy Group, Twin Eagle Resource Management, and a division of Cheniere Energy, Inc.
In addition, he has also served as Executive Vice-President Business Support at Sequent Energy as the Vice President of Accounting and Administration at a division of CMS Energy, Inc.
Mr. Flavin received a B.S. in accounting from Marquette University and is a Certified Public Accountant.
James V. Scandola - Chief Operating Officer
Mr. Scandola joined Fairway in August 2016 as Chief Operating Officer. He has over 31 years of experience in pipeline engineering, construction, and operations for refined products, crude oil, and natural gas transportation and storage as well as due diligence for asset acquisition and integration. Most recently, from June 2015 to July 2016 Mr. Scandola was Vice President Operations for Eclipse Midstream, a privately held midstream company operating in the Permian and Delaware Basins in West Texas. From August 2011 through May 2015, Mr. Scandola was Vice President Engineering and Operations for PVR Partners, LP where he was focused on building and operating natural gas gathering and compression in the Marcellus and Utica Basins in Pennsylvania and Ohio. From February 1987 through August 2011, Mr. Scandola was employed with Buckeye Partners, L.P. holding various positions with increasing responsibilities from engineering, operations, asset integrity, refined products transportation and scheduling, natural gas storage, and management of large capital projects ranging from $25 million to $450 million throughout the US and Caribbean. While at Buckeye and PVR, Mr. Scandola was instrumental with leading due diligence for over $3 billion worth of asset acquisition projects and integrating those assets into the organizations. From January 1985 through February 1987, Mr. Scandola was an Operations Engineer with Atlas Energy Group, a natural gas producing company in the Appalachian Basin. Mr. Scandola received a B.S. in Petroleum Engineering from Marietta College in 1984 and an M.B.A. from Lehigh University in 2002.
Dana A. Grams - Chief Commercial Officer
Mr. Grams joined Fairway Energy January 2016. Dana is an executive with extensive experience in developing, operating and optimizing midstream energy assets, as well as a history of establishing and leading marketing and trading organizations.
For over 12 years, Mr. Grams was employed at AGL Resources (AGLR) where, in 2001, he co-founded Sequent Energy Management serving as Vice President of Asset Management. In 2004, he was promoted to the corporate office as Senior Vice President of Business Development for AGLR. From there he built Pivotal Energy Management and, as President of that business unit, led the initiative to purchase Jefferson Island Storage & Hub and develop Golden Triangle Storage, both facilities utilizing salt dome caverns. Under Mr. Grams, Pivotal also developed propane storage as well as acquired pipelines strategic to existing asset footprint.
Prior to his tenure at AGL, Mr. Grams was employed as Vice President of Trading for Shell US Trading, where he was instrumental in forming Coral Energy Resources. From 1990 through 1995 Mr. Grams served as Manager of Natural Gas Trading for Phibro Energy USA, where his responsibilities included refinery supply, marketing & trading in natural gas, and marketing propane and ethane for Phibro’s Houston and Texas City Refineries (currently Valero).
Dana began his career in 1980 with the Natural Gas Pipeline Company of America serving as a Reservoir Geologist, assistant to the Vice President of Gas Supply, and Manager of Gas Acquisitions. He left the company as a District Manager in 1987.
Mr. Grams holds a Bachelor of Science degree in Geology from Texas A&M University, and attended the United States Air Force Academy.
Bobby B. Salehi - Vice President of Corporate Development
Mr. Salehi leads the strategic and commercial contract activity for Fairway Energy, serving as our Vice President of Corporate Development since March 2017.
Mr. Salehi joined Fairway Energy in 2013 as a financial professional serving as an integral member of the Company’s equity raising effort. In this role, he had financial responsibilities with an emphasis on industry, market and financial analysis in conjunction with transaction execution and deal structuring.
Prior to joining Fairway Energy, Mr. Salehi served as a member of Direct Energy’s corporate M&A group where he concentrated on company valuation and post-investment review and analysis. In addition, he worked at Sasco Investments, a Houston-based hedge fund, where he performed financial modeling and valuation, as well as industry research and market analysis across various equities, currencies, and commodities.
Mr. Salehi received a B.S. in Corporate Communications and Business from the University of Texas in 2007 and an M.B.A. with a concentration in finance from Texas A&M University in 2011.
Stephen B. Traicoff - Vice President of Market Analytics
Mr. Traicoff has over 35 years of energy-related experience focusing primarily in the areas of energy trading, risk management, and structured finance. He has been with the Company since February 2012 and currently serves as our Vice President of Market Analytics. In addition to having traded several energy commodities including refined products, petrochemicals, residual fuel, and feedstocks, Mr. Traicoff has originated, structured, and closed large, complex physical and financial transactions in the natural gas and power industry sectors. His financial background also includes project financing, investment banking, and structured finance in the energy sector including refining, petrochemicals, pulp and paper, steel and primary metals.
Mr. Traicoff led the market analysis and due diligence support efforts that resulted in Fairway Energy raising its initial venture equity funding as well as the latest equity raise via a private securities offering (SEC Rule 144A).
Mr. Traicoff worked for Atlantic Richfield and Lyondell Petrochemical in a variety of positions that included engineering, sales, and trading roles over a 14-year period. He also spent five years at Enron Capital & Trade Resources as a lead originator regarding complex commodity transactions as well as structured financial investments in energy-intensive industries. After leaving Enron, he worked as an independent Consultant in the energy sector for 14 years before joining Fairway Energy.
Mr. Traicoff received a B.S. in Chemical Engineering from The Ohio State University in 1978.