Steve Webster

Steve Webster

Chairman of the Board of Directors

Steve Webster, one of our co-founders, has been Chairman of our Board of Directors since June 1997 and a director since 1993. Mr. Webster has served as Co-Managing Partner of Avista Capital Partners, a private equity firm which invests in energy, healthcare and other industries, since he co-founded the firm in July 2005. From 2000 through June 2005, Mr Webster served as Chairman of Global Energy Partners, an affiliate of DLJ Merchant Banking and CSFB Private Equity. From 1988 through 1999, Mr. Webster was the CEO and President of R&B Falcon Corporation and Chairman and CEO of a predecessor corporation, Falcon Drilling Company, which he founded. Mr. Webster has been a founder or seed investor in other companies such as Grey Wolf and Hercules Offshore. He serves as Chairman of Basic Energy Services and a director of Hercules, ERA Group, Hi-Crush Partners LP and various private companies. He has been a Trust Manager of Camden Property Trust since its founding in 1993. Mr. Webster holds an MBA from Harvard Business School where he was a Baker Scholar and a BS and Honorary Doctorate from Purdue University.