Simmons & Co Chairman Retires

Energy investment banker, Matthew R. Simmons announced his retirement from Simmons & Company International, effective June 30th, and his intent to devote his full focus to The Ocean Energy Institute.

"Since founding Simmons & Company International 36 years ago, I have truly enjoyed being a part of the firm's growth and success," said Matt Simmons, Founder of Ocean Energy Institute. "In the three years since I founded Ocean Energy, my passion for renewable energy R&D and investment has continued to grow and this venture requires my full attention."

"Each of our employees shares a deep sense of gratitude toward Matt for the leadership he demonstrated for so many years," said Mike Frazier, Chairman, President and Chief Executive Officer, Simmons & Company International. "Though Matt is no longer affiliated with Simmons & Company International, we wish him well with his future endeavors and thank him for what he has meant to this firm and the energy industry."

Company: Simmons & Company International more info
 - Simmons & Co Chairman Retires (Jun 16)