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API President and CEO to step down in August

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Hydrocarbon Engineering,

After 10 years as President and CEO of the American Petroleum Institute (API), Jack Gerard has announced he will step down when his current contract ends in August 2018.

Until then, he will continue to direct the association’s work and assist in the search for a new CEO.

Gerard said: “Serving the oil and natural gas industry during this historic time, when an American energy renaissance has made the US the world’s leading producer and refiner of oil and natural gas, has been among the most fulfilling professional experiences of my career. We have accomplished what few would have imagined: important public policy victories at all levels of government, and a revitalised association that has expanded globally and added significant strength to its advocacy capabilities. I have served for 10 years at API, which is the longest tenure of my career. I’m ready for my next challenge and want to ensure that API will have time for an orderly transition to plan for its next decade.”

Under Gerard’s tenure, association membership grew by almost 50% and added members from every sector of the industry. The organisation tripled its growth in global markets – where it promotes safety through standard setting and best practices – including expansions to Singapore, Dubai and Rio de Janeiro. The industry’s public policy influence also improved at the local, state and federal level. During his presidency, Gerard built a grassroots network comprised of 45 million voters with representation in every congressional district who communicate with their elected officials on energy issues.

“Jack has been an extraordinary leader for the oil and natural gas industry during a time of challenge and opportunity,” said Darren Woods, API Chairman and ExxonMobil CEO. “He has unified our industry, expanded our global reach, heightened our effectiveness, and navigated a number of significant public policy challenges to a successful conclusion, including: the end of the crude oil export ban; the preservation of a pro-development and refining tax and regulatory framework; and the creation of a Center for Offshore Safety, dedicated to safety in offshore operations. Jack has built a solid foundation from which we will continue to grow. We will miss Jack tremendously because of his significant accomplishments over the years. Our focus will now be on the search for a successor who will build on Jack’s achievements.”

Gerard joined API after serving as President and CEO of two large trade associations – the National Mining Association and the American Chemistry Council. He worked for almost a decade in the US Senate and House.

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