Southcross Energy Partners LP (NYSE: SXE) has named James W. Swent III as chairman, president and CEO by its board of directors, the company said on Sept. 18.
David W. Biegler, who has served as interim chairman, president and CEO since March 2018, will remain a director.
Swent has over 35 years of experience in finance, operations and international business in a diverse range of industries, having served most recently as president and CEO of Paragon Offshore. As a financial executive, he has managed several large company acquisitions, divestitures, joint ventures and financial restructurings.
“Southcross is fortunate to have someone of Jay’s experience to address the partnership’s current priority needs,” Biegler said. “Working with the senior leadership team, he will focus on the company’s financial health and commercial opportunities.”
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