Lilis Energy has appointed Ronald D. Ormand to its Board of Directors effective today.
Mr. Ormand brings more than 33 years' experience as a senior executive and investment banker in energy, including extensive financing and merger and acquisition expertise in the oil and gas industry, to Lilis Energy. During his career, Mr. Ormand has completed more than $25 billion of capital markets and financial advisory transactions, both as a principal and as a banker, during his career.
Mr. Ormand is currently a Managing Director and Head of Energy Investment Banking Group at MLV & Co., focused on investment banking and principal investments in the energy sector. Prior to joining MLV & Co. in November 2013, Mr. Ormand was a senior executive for four and a half years at Magnum Hunter Resources Corporation, an E&P company engaged in unconventional resource plays, as well as midstream and oilfield services operations.