independent oil and gas company

Leadership Team

From our executive team and board to every Vital Energy employee in the field, we are leading the way to a sustainable energy future.

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Leadership Team
Board of Directors

Leadership Team

Jason Pigott

President & Chief Executive Officer

Jason Pigott is dedicated to energizing the potential of Vital Energy’s employees, customers and communities. Prior to joining us in 2019, Jason built two decades of expertise in the E&P industry. Most recently he served as EVP of Operations and Technical Services for Chesapeake Energy, where he led all activities around drilling and completions, digital, supply chain and land.

Before Chesapeake, Jason held various positions at Anadarko Petroleum, mainly focused on developing unconventional assets in the Eagle Ford, Haynesville and Delaware basins and various tight-sand plays in East Texas. Jason holds a Bachelor of Science in Petroleum Engineering from Texas A&M University and an MBA from the University of North Carolina, Kenan-Flagler School of Business.

Mark Denny

Senior Vice President – General Counsel & Secretary

Mark Denny helps Vital Energy pursue its purpose without limits. Prior to joining us in 2013, he served as in-house counsel at SEH Offshore and Seahawk Drilling.

Mark began his career at the international law firms Vinson & Elkins and Fried Frank. He earned his Bachelor of Science in Economics and Political Science from Vanderbilt University and his Juris Doctorate degree from the Georgetown University Law Center.

Bryan Lemmerman

Senior Vice President & Chief Financial Officer

Bryan Lemmerman helps Vital Energy challenge precedents and capitalize on opportunities. He joined us in 2020, bringing with him more than 15 years of E&P experience, primarily in strategic planning and business development. Before Vital Energy, Bryan served various roles at Chesapeake Energy, culminating with VP of Business Development and Treasurer.

Prior to Chesapeake he was a portfolio manager at Highview Capital Management and Ritchie Capital Management, facilitating investments in public and private energy companies. He began his career as a tax consultant with Deloitte & Touche. Bryan holds a Bachelor of Business Administration in Accounting and Master of Science in Accounting from Texas A&M University and a Master of Business Administration from the University of Texas.

Board of Directors

William Albrecht

Chairman

Mr. Albrecht has more than 40 years of experience in the oil and gas industry, including multiple executive leadership roles. He is currently the President of Moncrief Energy, LLC. He has most recently served as non-Executive Chairman of the Board of Directors of California Resources Corporation (“CRC”), as well as the Chairman of the Board of the Rowan Companies (“RDC).

Prior experience includes multiple positions at Occidental Petroleum where he had broad supervision of the exploration and production business as Vice President of Occidental Petroleum, President of Oxy Oil & Gas, Americas and President of Oxy Oil & Gas, USA.

Earlier in his career, Mr. Albrecht was an executive at EOG Resources and a petroleum engineer for Tenneco Oil Company. He currently serves as a member of the Board of Directors of publicly traded energy company Halliburton (“HAL”). Additionally, he is a National Association of Corporate Directors certified Board Leadership Fellow. Mr. Albrecht’s educational background includes a Bachelor of Science from the United States Military Academy and a Master of Science from the University of Southern California.

Jason Pigott

President & Chief Executive Officer

Jason Pigott joined Vital Energy (formerly Laredo Petroleum) in June 2019 and currently serves as President, Chief Executive Officer and Director of the Board. Mr. Pigott has more than 20 years of experience in the energy exploration and production industry, most recently serving as Executive Vice President – Operations and Technical Services for Chesapeake Energy where he led all drilling and completions operations, digital operations, supply chain and land efforts.

Prior to joining Chesapeake in 2013, he was with Anadarko Petroleum for 14 years, serving in positions of increasing responsibility, focused primarily on onshore unconventional play development in the Eagle Ford Shale, Haynesville Shale, Delaware Basin and various tight-sand plays in East Texas. Mr. Pigott holds a Bachelor of Science in Petroleum Engineering from Texas A&M University and an MBA from the University of North Carolina, Kenan-Flagler School of Business.

John Driver

Founder and Chief Executive Officer, Lynx Technology

Mr. Driver is a technology entrepreneur and innovator with leadership experience in large, public and privately held multinational companies and early-stage startups. He has a foundation in software marketing & sales and direct experience in new product launches for first-to-market categories. Navigating complexity, delivering innovation, and creating new opportunities within the IoT (Internet of Things) market are hallmarks of his career.

As CEO, he currently leads Lynx Technology, a digital media technology company he founded through a management buyout of the multinational Connected Home operations of PacketVideo, a subsidiary of NTT DoCoMo. Previously, Mr. Driver served as Chief Operating Officer and Chief Marketing Officer of PacketVideo, co-founder and Chief Executive Officer of JoynIn and in senior leadership roles for Serena Software and Sun Microsystems.

Mr. Driver is currently an Independent Director of Broadway Financial Corporation (NASDAQ: BYFC) and its wholly-owned subsidiary, City First Bank, N.A. Additionally, he serves as Chair of the Board of Trustees of the Fleet Science Center in San Diego and is a former Board Member of the San Diego YMCA Overnight Camps. He is actively involved with Stanford University, serving as former Chair of the Stanford Associates Board of Governors, a guest lecturer for Stanford’s Department of Management Science and Engineering, is the former President of the Stanford Multicultural Alumni Club of San Diego and a recipient of the Stanford Governor’s Award in recognition of exemplary and long-standing volunteer service. He is NACD Directorship Certified® and earned the NACD Certificate in Cybersecurity Oversight. He earned a Bachelor of Science in Industrial Engineering from Stanford University and a Master of Business Administration from The Tuck School of Business at Dartmouth College.

Frances Powell Hawes

Grant Prideco, Inc., Former Chief Financial Officer

Ms. Powell Hawes has served as an independent director for Archrock, Inc. since 2015, recently became a director for PGT Innovations, Inc. and was previously on the Board of Directors of Energen Corporation and Express Energy Services, LLC. She has held numerous senior financial positions throughout her career, including serving as Chief Financial Officer of Grant Prideco, Inc. and NCI Building Systems, Inc. and as Chief Accounting Officer of Weatherford International, Inc.

Ms. Powell Hawes is active on non-profit boards, including the Houston Area Women’s Center and the Houston Chapter of Financial Executive International. Ms. Powell Hawes holds a Bachelor of Business Administration in Accounting from the University of Houston and is a Certified Public Accountant in the state of Texas.

Jarvis V. Hollingsworth

Vice Chairman, Irradiant Partners L.P.

Mr. Jarvis V. Hollingsworth joined the Board of Directors of Vital Energy (formerly Laredo Petroleum) in November 2020 and serves on the Audit Committee and as Chair of the Nominating, Corporate Governance, Environmental and Social Committee. Mr. Hollingsworth is the Vice Chairman of Irradiant Partners, L.P., an investment advisor that focuses on investments in liquid and private credit and renewable energy private equity and credit.

Irradiant manages approximately $7B in assets. Mr. Hollingsworth also serves as a board member and Lead Director of Core Scientific, Inc. (CORZ:NASDAQ), the largest Bitcoin and blockchain infrastructure, hosting provider and digital asset miner in North America.

He was formerly the Secretary/General Counsel and served on the Board of Directors and the Executive Committee of Kayne Anderson Capital Advisors, L.P., a leading alternatives investment management firm with approximately $30 billion in assets. Mr. Hollingsworth is a former Partner of the law firm Bracewell LLP in Houston where he had a fiduciary practice counseling boards of directors and trustees on corporate governance and strategic matters. He served on the law firm’s Management Committee and was a member of its Finance Committee.

Mr. Hollingsworth currently serves as Chairman of the board of trustees of the Teacher Retirement System of Texas, a Texas state agency which manages a $200 billion-plus pension trust fund and administers an array of benefits, including healthcare programs, for retirees, active teachers and employees of education-related institutions. He also currently serves on the Memorial Hermann Health System’s board of directors where he is a member of the Finance and Compensation committees. Mr. Hollingsworth currently serves as a member of the Federal Reserve Bank of Dallas Financial Sector Advisory Council and is a former director of several companies, including Frost Bank and its holding company, Cullen/Frost Bankers, Inc. (NYSE:CFR), and Emergent Technologies, Inc., an international payments company that uses blockchain-based technologies to provide payments in emerging markets countries using a gold-backed digital currency. Mr. Hollingsworth received his Bachelor of Science degree from the United States Military Academy at West Point, where he was a four-year letterman on the Army football team, and upon graduation served for several years on active and reserve duty in the U.S. Army. He retired as a Captain. He received his Juris Doctorate from the University of Houston Law Center. Mr. Hollingsworth is a member of the Advisory Board of the Tri-Cities chapter of the National Association of Corporate Directors and the United Way’s Alexis de Tocqueville Society.

Craig Jarchow

President and CEO, Castleton Resources, LLC

Dr. Jarchow has more than 30 years of energy industry experience, serving in upstream operational roles, advising financial services firms on energy focused investments and building and leading an operating company. He is currently President, CEO and board member of TG Natural Resources, LLC, a natural gas focused company operating upstream and midstream assets in East Texas.

Previously, Dr. Jarchow served as a Managing Director and Partner of Pine Brook Road Partners, LLC and First Reserve Corporation, sourcing and advising on energy transactions. He began his career at Amoco Corporation and Apache Corporation, serving in operational roles at both companies. Dr. Jarchow’s educational experience includes a Bachelor of Arts in Geology from the University of California, Santa Barbara, a Masters of Science and Doctorate in Geophysics from Stanford and a Masters of Business Administration from the Massachusetts Institute of Technology.

Shihab Kuran

Founder and Chief Executive Officer, Power Edison

Mr. Kuran is an investor, serial entrepreneur and an executive with over three decades of experience in the technology and energy sectors.  He is a proven leader in the energy transition space with a global track record in the development and scaling of advanced energy technologies, including solar, smart grid management, energy storage and Electric Vehicle (“EV”) charging. He developed and deployed marque energy transition projects with international Oil and Gas companies. He is currently Chief Executive Officer and Founder of Power Edison, a company focused on providing innovative mobile energy storage solutions for the grid.

Mr. Kuran is the Founder and Executive Chairman of EV Edison, Inc., a company focused on the development of large-scale EV charging hubs. Mr. Kuran served as President of Strategic Development at NRG Energy and President of Advanced Solutions at SunEdison. Previously he founded Petra Solar, a pioneer of smart solar, combining solar energy and smart grid technologies, and developer of the world’s largest solar electric project in 2009, and served as Director, President and Chief Executive Officer. Prior to Petra Solar he served in various executive leadership capacities in the technology sector.

Mr. Kuran currently serves on the boards of NN, Inc., EnerKnol and New York Energy Week as well as the advisory boards of the Charles Edison Fund and the Edison Innovation Foundation. He earned a Bachelor of Science in Electrical Engineering from the University of Jordan, a Ph.D. in Electrical Engineering from the City University of New York and is a Harvard Business School alumnus.

Lisa Lambert

Chief Technology and Innovation Officer, National GridFounder and President, National Grid Partners

Lisa Lambert is a member of Vital Energy’s Board of Directors and is based in the San Francisco Bay area. As the chief technology and innovation officer at National Grid and founder and president of National Grid Partners, she is responsible for leading investments and innovation initiatives across the company.

Prior to National Grid, Ms. Lambert was a managing partner at The Westly Group, a clean technology private venture capital firm based in Silicon Valley, where she was responsible for investments in energy technology companies. Prior to The Westly Group, she worked at Intel Corporation for 19 years and was vice president and managing director of Intel Capital’s Software and Services sector and the founder and managing director of the $125 million Intel Capital Diversity Fund.

During Ms. Lambert’s tenure at Intel Capital, she led equity investments, incubations, business development projects, and innovation projects for Intel. She also managed an apprenticeship program designed to train high potential professionals in innovation and investment disciplines. Ms. Lambert led global investments in over 100 companies over her career at Intel Capital such as VMware (IPO), MySQL (acquired by SUN), Endeca (acquired by Oracle), JBoss (acquired by RedHat), and managed a large organization of investment professionals. Ms. Lambert produced top decile returns, including seven IPOs and over 40 M&A exits and delivered operating returns through commercial agreements with strategic partners. Ms. Lambert has been a director on the board of several portfolio companies and currently sits on the board of directors for Vital Energy; UL Corporation, a global safety science leader helping companies to demonstrate safety, enhance sustainability, deliver quality, manage risk and achieve regulatory compliance; Pathr.ai, a spatial intelligence technology company that accesses location data to identify highly actionable business insights; and Cyolo, which offers a first-of-its-kind zero-trust solution that allows organizations to securely connect all users to their working environments.

Ms. Lambert began her career at Owens-Corning as a software developer, and also worked in sales, strategy, and business development roles. Ms. Lambert is the founder/CEO, and chair of UPWARD, a global network of executive women. UPWARD is a non-profit organization with 19 chapters, over 100 corporate sponsors, and more than 29,000 members worldwide. Ms. Lambert earned an MBA from Harvard Business School and a BS in Management Information Systems from The Pennsylvania State University.

Lori Lancaster

UBS Securities, Former Managing Director, Global Energy Group

Ms. Lancaster has extensive experience in the oil and gas sector and is a former Managing Director of the Global Energy Group at UBS Securities, a position she held from December 2013 to August 2016. Prior to UBS she was a Managing Director in the Global Natural Resources groups at Goldman, Sachs & Co. from July 1999 to July 2008 and Nomura Securities from June 2010 to September 2013. During her 18-year tenure in investment banking, she led or was a key member of the execution team on more than $60 billion of announced energy M&A deals and led the structuring and execution of numerous capital markets transactions.

She has served as an independent director for Intrepid Potash since July 2021 and for Precision Drilling since October 2022. Ms. Lancaster previously served as an independent director for HighPoint Resources from 2018 until its merger with Bonanza Creek Energy in 2021 and for Energen Corporation from 2017 until its merger with Diamondback Energy in 2018. Ms. Lancaster earned a bachelor’s degree from Texas Christian University and a Master of Business Administration degree from the University of Chicago’s Booth School of Business.

Edmund P. Segner, III

EOG Resources, Former President, Chief of Staff & Director

Edmund P. Segner, III joined our Board of Directors in August 2011. Mr. Segner currently is a professor in the practice of engineering management in the Department of Civil and Environmental Engineering at Rice University in Houston, Texas, a position he has held since July 2006 and full time since July 2007. In 2008, Mr. Segner retired from EOG Resources, Inc. (”EOG”), a publicly traded independent oil and gas exploration and production company. Among the positions he held at EOG were President, Chief of Staff, and director from 1999 to 2007. From March 2003 through June 2007, he also served as the Principal Financial Officer of EOG.

He has been a member of the board of directors of Bill Barrett Corporation, an oil and gas company primarily active in the Rocky Mountain region of the United States, since August 2009, and of Exterran Partners, L.P., a master limited partnership that provides natural gas contract operations services, since May 2009. From August 2009 until October 2011, Mr. Segner was a member of the board of directors of Seahawk Drilling, Inc., an offshore oil and natural gas drilling company. He also currently serves as a member of the board or as a trustee for several non-profit organizations. Mr. Segner graduated from Rice University with a Bachelor of Science degree in civil engineering and received an M.A. degree in economics from the University of Houston. He is a certified public accountant.

Mr. Segner’s service as President, Principal Financial Officer and director of publicly traded oil and gas exploration and development companies provides our board of directors with a strong operational, financial, accounting and strategic background and provides valuable business, leadership and management experience and insights into many aspects of the operations of exploration and production companies. Mr. Segner also brings financial and accounting expertise to the board of directors, including through his experience in financing transactions for oil and gas companies, his background as a certified public accountant, his service as a Principal Financial Officer, his supervision of principal financial officers and principal accounting officers, and his service on the audit committees of other companies.