CUI Global, Inc. announced the appointment of Joseph A. Mills as an independent director of the company, effective immediately. Mr. Mills' appointment expands the Board to 7 directors, 5 of whom are independent directors.
William Clough, CUI Global's president & CEO, said: "Joe's 30+ years of broad experience across the energy value chain, from the Upstream, Midstream and mineral industries will add a valuable perspective to our Board of Directors. We appreciate his willingness to serve as a director and look forward to benefitting from his experience, judgment, and counsel."
Mr. Mills is currently Chairman of the Board and Chief Executive Officer of Eagle Rock Energy G&P, LLC, the General Partner of Eagle Rock Energy Partners, LP. Mr. Mills has served in this capacity since May of 2007. Eagle Rock is a growth MLP focused on the upstream sectors. In addition, Mr. Mills serves as Chief Executive Officer of Montierra Minerals & Production, LP, a privately held partnership focused on the upstream and mineral segment in the United States.
Before becoming the Chairman & CEO of Eagle Rock and launching Montierra Minerals, Mr. Mills served as Sr. Vice President of Operations for Black Stone Minerals Company and was responsible for managing all the drilling, leasing and technical operations for the Company. Before that, Mr. Mills served in a variety of executive positions at El Paso Production Company, which included roles as the Senior Vice President of Acquisitions, Technical Services and Gulf of Mexico Division. In this capacity, Mr. Mills was responsible for all the acquisition and divestiture activities worldwide at the E&P Company as well as managing the drilling, development and production activities in the Gulf of Mexico region.
Mr. Mills is a member of the board of directors at The Texas Alliance of Energy Producers and an active member in various professional organizations, including: IPAA; TIPRO; Texas Pipeline Association; Houston Association of Professional Landmen (HAPL); and American Association of Professional Landmen (AAPL).
William Clough said: "I am very pleased to welcome such an experienced industry professional as Joe Mills to the CUI Global board. He brings extensive expertise in areas vital to CUI Global, particularly our Natural Gas Division. He is a genuine global oil & gas expert with an exceptional rolodex and understanding of the fundamentals of the industry."
Mr. Mills commented, "I am delighted to be joining such a progressive, growth oriented company as CUI Global, whose recent performance I have observed with great interest. I am looking forward to contributing to further profitable growth and enhancing shareholder value at CUI Global as it expands its commercial footprint in the natural gas industry, one of the fastest growing energy sectors."
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