David Schorlemer
Chief Financial Officer
Professional Overview
David Schorlemer is an accomplished finance executive with extensive experience in the energy and oilfield services industries. As the Chief Financial Officer of ProPetro Services, Inc., he oversees the company's financial operations, strategic planning, and business development initiatives, contributing to its growth and operational efficiency.
Experience Summary
Current Role
As the Chief Financial Officer of ProPetro Services, Inc. since 2020, David is responsible for leading the company's financial strategy, managing its financial reporting and compliance, and supporting its expansion efforts. He plays a crucial role in ensuring the organization's financial stability and driving its long-term success.
Career Progression
Prior to his current role, David held various executive-level positions, including Board Member at Performance Multi-Flow Solutions, Executive Vice President and Chief Financial Officer at Basic Energy Services and Gulf Island Fabrication, Inc., and CFO at GR Energy Services and Stallion Oilfield Services. This diverse background has equipped him with a deep understanding of the energy industry and the ability to navigate complex financial and operational challenges.
Throughout his career, David has demonstrated a strong track record of driving financial performance, implementing cost-optimization strategies, and supporting strategic decision-making to enhance organizational growth and profitability.
Academic Background
David holds a Bachelor's degree in Accounting from the University of Texas at Austin, where he also completed his Master's degree in Business Administration.
Areas of Expertise
- Financial management and reporting
- Strategic planning and business development
- Mergers, acquisitions, and integrations
- Risk management and compliance
- Industry-specific financial modeling and analysis
- Leadership and team management
Professional Impact
During his tenure, David has contributed to several noteworthy projects and initiatives that have strengthened the financial and operational capabilities of the organizations he has served. His ability to identify and capitalize on growth opportunities, coupled with his expertise in driving cost optimization and operational efficiencies, has consistently delivered positive impact for his employers.
Conclusion
With over 25 years of experience in the energy and oilfield services sectors, David Schorlemer has established himself as a highly respected and versatile finance executive. His proven track record of leading successful financial strategies, fostering operational excellence, and supporting strategic growth initiatives positions him as a valuable asset to ProPetro Services, Inc. and the industry as a whole.
