Randy A. Foutch, an experienced energy executive, has demonstrated repeated success forming start-up oil and gas companies. Foutch currently is Chairman and CEO of Tulsa-based Laredo Petroleum Holdings, Inc. (NYSE: LPI) which he founded in 2006. Laredo is an oil and gas company focused on exploration, development and acquisitions in the Mid-Continent region of the United States. Prior to Laredo, Foutch also founded and later sold Colt Resources (1996), Lariat Petroleum, Inc. (2001) and Latigo Petroleum, Inc. (2006).
Foutch currently serves on the Board of Directors of Helmerich & Payne, Cheniere Energy, the National Petroleum Council, America’s Natural Gas Alliance, and the Advisory Council of the Energy Institute at The University of Texas at Austin. He also serves on The Board of Trustees of the University of Tulsa, the Gilcrease Museum National Board, the C.M. Russell Museum Board of Directors, and Board Member Emeritus of Leadership Oklahoma. He has previously served on the Boards of Bill Barrett Corporation, Broad Oak Energy, Madagascar Oil, MacroSolve, Inc., the Board of The Catholic Foundation of Eastern Oklahoma, the Boy Scouts/Indian Nations Council Board, the St. Philip Neri Newman Center Board, the Oklahoma Energy Resources Board, the Oklahoma Independent Petroleum Association, Energy Advocates, Woolaroc, and Gryphon Exploration Company among other organizations.
Among many awards and honors, Foutch most recently received an E&Y 2012 Entrepreneur of the Year Award and the 2011 Distinguished Graduate Award by Leadership Oklahoma. Foutch has been inducted into the University of Tulsa’s Business Hall of Fame and the Tulsa Historical Society Hall of Fame and has received the American Association of Petroleum Geologists’ Public Service Award.
He has spoken numerous times in different venues and at various events including Harvard Business School’s Annual Energy Summit as well as in-classroom, and as a guest commentator on CBS, Fox News and CNBC. He holds a Bachelor of Science in Geology from the University of Texas and a Master of Science in Petroleum Engineering from the University of Houston.