Mark Warren, executive vice president of Steward Energy LLC, has joined Galenfeha’s board of directors and will succeed Ketner as chairman.
Ketner started Galenfeha in March 2013, and served as its president and CEO until April 2015, when he assumed the role of chairman. Under his leadership, the company opened a manufacturing/distribution facility in Shreveport, Louisiana; developed Galenfeha’s proprietary LiFePO4 battery systems; acquired Daylight Pump; and began public trading under the ticker symbol GLFH.
“Galenfeha simply would not exist if not for James Ketner. This company is the direct result of his vision, talent, and tenacity,” said M Trey Moore, CEO of Fleaux Services of Louisiana and a Galenfeha director. “We thank Mr Ketner for his outstanding service and wish him all the best as he pursues new, exciting opportunities. We are certain of his continued success.”
“Mr Warren’s enthusiasm and forward thinking will add a unique perspective to Galenfeha’s mission of providing simplicity through technology,” said Lucien Marioneaux Jr, president and CEO of Galenfeha. “We will benefit greatly from his vast experience in the petroleum industry as well as in the fields of mergers and acquisitions.”
“I am very excited to work with the Galenfeha team,” said Warren. “Galenfeha is leading the charge for LiFePO4 technology in oil and gas markets. This, along with their new government contracts division and a strengthened nationwide distribution network, positions Galenfeha for significant growth in the coming months. I look forward to helping the company extend its leadership role and continue growing the brand.”
Fort Worth, Texas-headquartered Galenfeha provides engineering services, stored energy systems, chemical injection pumps and alternative power generation products.