Hyperdynamics, an emerging independent oil and gas exploration and production company, has appointed Paul Reinbolt as chief financial officer (CFO) and executive vice president (EVP). He will join the company effective 8 August 2011. Reinbolt comes from Marathon Oil Corporation, which he has been with for more than 30 years, most recently serving as vice president-finance and treasurer. In this role he was responsible for completing the financing and financial restructuring for Marathon’s spin-off of its downstream operations from the exploration and production businesses on 30 June.
Reinbolt joined Marathon in 1980 and held various positions in finance, treasury and accounting within the Marathon corporate family, which once included USX Corporation and US Steel. His assignment locations included New York, London and Houston.
Reinbolt holds a BSc degree in accounting and a MBA degree in finance from Miami University in Oxford, Ohio. He is on the board of directors of Oil Investment Corporation and Oil Casualty Investment Corporation. He also serves as a member of the Business Advisory Council for the Farmer School of Business at Miami University.
Hyperdynamics’ vice president-finance Jason Davis and controller David Wesson will report to Reinbolt.
UK firms investment in training and development will increase, on average, by a fifth in the next year, claims Robert Half recruitment after interviewing 100 financial services (FS) executives.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.