Bliss Integrated Communication
New York — May 11, 2016 —
BDO Consulting, a division of BDO USA, LLP, one of the nation’s leading professional services organizations, today announced the appointment of Bob Broxson
as Managing Director in the firm's Dispute Advisory Services
practice in the Houston, Texas office, and member of BDO’s Natural Resources
practice. Mr. Broxson is a well-respected advisor on energy and non-energy related commodities to law firms, companies and lenders on bankruptcy, restructuring and turnaround matters. He has more than 30 years of experience in the energy industry spanning the natural gas procurement, sales, transportation and trading sectors.
"We expect to see a pickup this year in strategic purchases and acquisitions of distressed assets in addition to bankruptcies and restructurings that characterized the energy sector in 2015," said Carl W. Pergola
, Executive Director of BDO Consulting. "Bob’s depth of energy industry experience is a welcome addition to our expanding team of seasoned practitioners who can lead clients through the complexities that arise in dispute matters."
National Co-Leader of BDO's Dispute Advisory Services practice Jeffrey Katz
added, "Bob's wealth of knowledge about post-acquisition disputes, Chapter 11 dispositions and energy-related contractual matters are particularly valuable for clients during this period of heightened volatility and uncertainty in the industry. David Kaplan
, who joins Jeff in co-leading the national practice notes, “Adding Bob’s industry-specific knowledge to our practice is essential for helping clients navigate the challenging issues that have arisen from this troubled market."
"Energy companies are under tremendous pressure to reassess their portfolios and adjust their strategies to better manage prolonged pricing volatility, which are resulting in more contract disputes,” said Mr. Broxson. "I was drawn to the sophistication and technical skill of the professionals working across BDO and their desire to join forces across business lines and industries to deliver the best results for our clients."
Prior to joining BDO, Mr. Broxson was a leader at a global professional services firm where he was deeply entrenched in energy industry contract and commercial disputes, frequently providing expert testimony. He spent most of his career inside the energy industry, holding various senior executive positions at prominent energy companies including Koch Industries, Engage Energy, Natural Gas Clearinghouse and PSI, Inc. He is a past board member of the National Energy Services Association and the Houston Energy Association.
In addition, Mr. Broxson has extensive experience advising commodity firms on trading and risk management practices. He has provided expert testimony in state and federal courts and in Canadian Provincial Courts on contractual disputes and industry practices including Force Majeure, joint venture dissolution, price re-openers and documentation of agreements.
Mr. Broxson is an adjunct professor in the Global Energy Management Masters of Business Administration program at the University of Houston and at the Kenan-Flagler Business School at the University of North Carolina Chapel Hill. In addition, he regularly speaks at conferences on energy issues. He earned a Bachelor of Business Administration in Management at Evangel University and a Master of Business Administration in Leadership from the University of Houston.
About BDO Consulting
, a division of BDO USA, LLP, provides clients with Financial Advisory, Business Advisory and Technology Services in the U.S. and around the world, leveraging BDO’s global network of more than 60,000 professionals. Having a depth of industry expertise, we provide rapid, strategic guidance in the most challenging of environments to achieve exceptional client service. For more information, please visit www.bdo.com
BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, advisory and consulting services to a wide range of publicly traded and privately held companies. For more than 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm serves clients through 63 offices and more than 450 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multi-national clients through a global network of 1,408 offices in 154 countries.
BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information please visit: www.bdo.com