CapturePoint names Griffin White CFO

CapturePoint has appointed Griffin White as chief financial officer, adding an energy investor with more than four years of involvement with the company as it pushes its growth strategy and oil and gas business. The Allen, Texas-based carbon management firm said White’s background spans energy investing, capital allocation and portfolio company growth.

Why it matters: - CapturePoint is adding a finance executive with direct familiarity with the company’s assets and investment history. - The hire comes as CapturePoint continues to execute on its growth strategy and expand its oil and gas business. - The appointment also signals continued focus on capital allocation across CapturePoint’s carbon management and energy platform.

What happened: - CapturePoint announced that Griffin White joined the company as chief financial officer. - Hunter Carpenter, chairman of the board, said White has been closely involved with CapturePoint from the investment side for more than four years. - Carpenter also said he worked with White at Areté and believes White will be a strong addition to the company.

The details: - White most recently served as a principal at Areté Energy, where he focused on new investments and portfolio company growth. - He previously worked at RedBird Capital Partners and Stronghold Investment Management, a private equity firm focused on energy and other real assets. - White began his career in Citigroup’s Natural Resources Investment Banking group. - White graduated summa cum laude from Southern Methodist University with a B.B.A. in finance from the Cox School of Business. - White also earned a minor in Engineering Management, Information and Systems from the Lyle School of Engineering. - CapturePoint LLC and CapturePoint Solutions LLC are privately held companies based in Allen, Texas. - CapturePoint provides carbon management services that include operating Carbon Dioxide Enhanced Oil Recovery production, supporting traditional energy resources, helping clean energy and manufacturing projects, and developing deep underground carbon storage hubs in the U.S. - CapturePoint funders include an affiliate of Mercuria Energy and other institutional investors. - More information is available on the company website.

Between the lines: - The CFO role appears to be a fit built on existing relationships, not just outside recruiting. - White’s background in energy investing and portfolio growth suggests CapturePoint wants tighter financial oversight as it scales. - The company’s business mix spans both conventional energy and carbon storage, which likely increases the need for disciplined capital allocation.

What's next: - White will help guide CapturePoint’s financial strategy as the company pursues growth. - CapturePoint is likely to keep advancing its oil and gas operations alongside its broader carbon management efforts. - The company’s next phase will likely hinge on execution across projects backed by institutional capital.