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Julian Tedder
Experienced CFO
Professional Background
Julian Tedder is a seasoned financial executive with an impressive career spanning over 15 years, primarily dedicated to the oil and gas sector. In 2020, he left IGas Energy Plc, where he served as Chief Financial Officer, and is now on the lookout for his next executive opportunity. With significant experience in both operational and group-level management within listed companies on main market and AIM, Julian has expertly navigated the complexities of the industry. His extensive background includes managing relationships with external stakeholders such as private equity firms, institutional shareholders, and debt providers.
Julian is recognized as a strategic thinker and an authentic leader, renowned for his ability to provide vision and motivation to diverse teams. His track record demonstrates a capability to deliver transformational change in growth-focused environments, making him a highly sought-after candidate in the field of finance and investment within the oil and gas industry.
Education and Achievements
Julian's robust educational foundation began at Christ's Hospital, followed by a Bachelor's Degree in Mathematics from the University of York, where he honed his analytical skills, which are crucial in the financial sector. Further refining his expertise, he pursued Fellowship with the Institute of Chartered Accountants in England and Wales (FCA), laying a solid groundwork for his future roles in finance and leadership.
Throughout his career, Julian has achieved numerous noteworthy milestones:
- Capital Restructuring at IGas Energy Plc: In 2016 and 2017, he led a significant capital restructuring initiative that involved a large debt-for-equity swap, successfully raising $50 million in new equity from private equity and institutional investors. This achievement not only optimized the financial structure of IGas but also increased stakeholder confidence in the company.
- Refinancing with Reserve Based Lending: In 2019, Julian introduced a $40 million Reserve Based Lending facility, which included a $20 million accordion for merger and acquisition activities, effectively replacing existing Norwegian bonds. This strategic refinancing bolstered IGas's financial position and laid the groundwork for future growth.
- Executive Sponsorship of a Transformational Program at Tullow Oil: Julian served as the Executive Sponsor for a $100 million finance and supply chain management program, leading the successful implementation of SAP for Tullow’s requisition-to-pay processes, which improved operational efficiency significantly.
- Acceleration of Year-End Close: He played a pivotal role in accelerating the year-end close of Tullow by more than two months, enabling the full audited Annual Report to be issued in February. This improvement also led to an acceleration of interim close by one month, showcasing his commitment to timely financial reporting and transparency.
- Team Development and Leadership: As a leader, Julian has successfully recruited and motivated a high-quality finance team across the group, ensuring that appropriate succession and development plans are in place for future leaders.
- Corporate Bond Issuance: Julian took on significant responsibilities in delivering the inaugural $650 million corporate bonds for Tullow Oil, overseeing the issuance process, including the independent accountant’s comfort letter.
- Integration Leadership Post-Merger: He led the transition team for the successful integration of Hardman Resources following the $1.1 billion acquisition, completing the integration process within a mere six months. This accomplishment is a testament to his leadership skills and operational acumen.
Achievements
- Senior Management Experience: Julian has held various senior management roles, beginning as a Financial Analyst at Ranger Oil (UK) Limited and progressing through increasingly responsible positions including Financial Controller at Conrico International Ltd, Senior Accountant Upstream at Centrica, Planning Accountant at CalEnergy Gas (UK) Limited, and General Manager Finance at Tullow Oil.
- Transition to CFO: His role as Chief Financial Officer at IGas Energy Plc marked a high point in his career, where he applied his extensive knowledge in finance and strategic leadership to drive the company's financial governance and operational success.
- Impactful Leader: Core to his leadership style is his authentic approach, which has resulted in building strong teams and fostering a culture of excellence and accountability in finance departments across multiple organizations.
Julian Tedder embodies the spirit of innovation and leadership in the oil and gas finance sector, equipped with a wealth of experience and an impressive record of achievements that underscore his ability to drive growth and transformation in challenging environments. Looking ahead, he is eagerly pursuing new challenges where he can leverage his skills and passion for strategic financial leadership to contribute impactful change.