Energy specialist firm Enverus names Manuj Nikhanj as CEO
May 29 (Reuters) -Energy data and analytics specialist firm Enverus said on Wednesday that President Manuj Nikhanj will become its chief executive officer, effective July 1.
Nikhanj earlier was co-CEO of RS Energy Group, which Enverus acquired more than four years ago. He will replace CEO Jeff Hughes, who will become the firm's executive chairman.
Backed by private equity firms Hellman & Friedman and Genstar, Austin-based Enverus has seen recurring revenue increase at a double-digit annual percentage rate under Nikhanj. The business is approaching $600 million this year, a spokesman said.
"Jeff has created an award-winning employee culture," said Nikhanj. "I look forward to continue creating value and delivering extraordinary outcomes for our customers."
Reporting by Gary McWilliams; Editing by Eileen Soreng
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