Cary M. Bounds is the former CEO of Vaalco Energy, Inc., having stepped into the role in December 2016 after serving as COO for a year and a half. His career in the energy sector spans over 25 years, indicating...
Cary M. Bounds is the former CEO of Vaalco Energy, Inc., having stepped into the role in December 2016 after serving as COO for a year and a half. His career in the energy sector spans over 25 years, indicating deep experience in operations and management. Prior to joining Vaalco, he held significant positions at Noble Energy, where he managed operations in Equatorial Guinea and the North Sea. Bounds also has a solid engineering background, starting his career at ConocoPhillips and moving through various companies, which gives him a strong technical edge alongside his business acumen. While he reported a total compensation of $1.74 million in 2021, it’s worth noting that he forfeited a substantial amount of his stock due to his early resignation. Despite the ups and downs of the job, Bounds’ journey illustrates a mix of leadership in tough environments and the constant push for operational excellence in the oil and gas sector. Vaalco, under his guidance, navigated complex market dynamics during his tenure, showcasing his skills in asset management and corporate strategy.