Jim was President and CEO of Arcadian Corporation, a Fortune 500 company in Memphis, Tennessee until January 1993. Prior to that, he was Senior Vice President of Fina Oil & Chemicals in Dallas.
Prior to joining Fina, Inc., he was an executive with Gulf Oil Corporation serving in various domestic and international positions. He managed the largest division of Gulf Oil Chemicals Co.
He was responsible for organizing Arcadian Corporation, a leveraged buyout, which was sponsored by the Sterling Group. Arcadian was formed in 1989 by the acquisition of five fertilizer producers. In April 1992, he led the effort to de-leverage the leveraged buyout by the formation and sale of one-half of the company in the form of a Master Limited Partnership (NYSE symbol UAN).
In 1993, he formed Petrochemical Management Inc. and has developed a number of business opportunities on behalf of investors as well as serving on the Board of Directors for a number of corporations. In 1996, Petrochemical Management Inc. and Stancil & Co. agreed to associate in representing our clients.