DENVER, Colo. -- Enservco Corporation, a diversified national provider of specialized well-site services to the domestic onshore conventional and unconventional oil and gas industries, announced the appointment of Marjorie Hargrave as Chief Financial Officer (CFO). Hargrave succeeds Dustin Bradford, who will remain with the company to assist in the transition prior to pursuing other interests.
Hargrave is an experienced senior executive with a diverse background in financial management, strategic planning, mergers and acquisitions, risk management and investment banking. She is the former CFO of CTAP, LLC, a provider of pipe and tubing to the energy industry that grew from $350 million to $800 million in annual revenue during her tenure. Prior to CTAP, Hargrave was CFO of High Sierra Energy, LP, a midstream energy company where she helped grow annual revenue more than 12-fold to $2.5 billion prior to its acquisition. Prior assignments include VP of Finance at Black Hills Corporation, Finance Consultant with Xcel Energy, Vice President Investment Banking with Merrill Lynch, Financial Analyst with Commercial Union Capital, and Portfolio Administrator and Research Analyst with Franklin Research & Development. She also held several part-time and consulting positions. Hargrave holds a Bachelor’s degree in economics from Boston University and a Master’s degree in economics from New York University.
“We are pleased to welcome Marjorie to the executive management team,” said Ian Dickinson, President and CEO. “She is a highly-accomplished finance executive with a broad skill set and we look forward to her contributions as we continue to advance our long-term strategic growth plan. On behalf of the Board of Directors, I want to thank Dustin for his contributions to our success over the past several years and wish him well in his future endeavors.”