Board of Directors

Board of Directors


Michael J. Wieland, President & CEO, Laredo Energy

More than 20 years experience in the oil and gas industry and energy financial services sector, including serving as SVP – Corporate Development and CFO for Stonegate Production Company and as VP of Corporate Development and Finance at Carrizo Oil & Gas. Prior to that he was a Director for Barclays Energy Investment Banking team after holding several positions at Banc of America Securities and Deutsche Bank Securities. Mr. Wieland holds a BS in Chemical Engineering from the University of Texas and an MBA from Rice University.


Steve Webster, Managing Partner, Avista Capital Partners

Mr. Webster is a founding member of Avista Energy Capital and prior to the formation of Avista Energy Capital was a co-founder and Co-Managing Partner of Avista Capital Partners. Prior to Avista Capital Partners, Mr. Webster served as the Chairman of DLJMB Global Energy Partners, a specialty group he led for DLJ Merchant Banking which sourced, executed and managed DLJMB III’s energy related investments from 2000 through June 30, 2005.

Mr. Webster graduated in 1973 with a BSIM with distinction from Purdue University and in 1975 with an M.B.A. with high distinction from Harvard Business School, where he was a Baker Scholar. In 2009, Mr. Webster was awarded an honorary Doctor of Management degree from Purdue.

Mr. Webster serves on the Advisory Board of Purdue’s Krannert School of Management. Mr. Webster currently serves as Chairman of the Board of Carrizo Oil & Gas, Inc. (NASDAQ: CRZO) and is also a Trust Manager of Camden Property Trust (NYSE: CPT) and director of Era Group Inc. (NYSE: ERA) and Oceaneering International, Inc. (NYSE: OII). Mr. Webster also serves as a director of Appalachian Midstream Partners, Enduring Resources, Laramie Energy, Laredo Energy V, Laredo Energy VI and Peregrine Oil & Gas.

Throughout his business career, Mr. Webster has been active in venture capital and investment activities in various industries, with a particular focus on energy. In the energy business, he co-founded and/or has been a lead investor in several E&P and service businesses, including Falcon Drilling Co., Carrizo Oil & Gas, Inc., Grey Wolf, Inc. (AMEX: GW), Hercules Offshore (NASDAQ: HERO), Laredo Energy, Peregrine Oil & Gas and Union Drilling (NASDAQ: UDRL). In 1988, Mr. Webster founded an inland barge drilling contractor, Falcon, with modest capital and a single barge rig. As Falcon’s CEO, he executed a bold consolidation and growth strategy, taking Falcon public in 1995 and merging with Reading & Bates in 1997, creating one of the world’s largest offshore drilling contractors, R&B Falcon Corporation. In 1993, Mr. Webster co-founded Carrizo Oil & Gas and was named its Chairman in 1997 when it was publicly listed. Carrizo has developed into a leading independent exploration and production company with operations in the leading U.S. onshore shale basins. Mr. Webster has also been a founder and lead investor in non-energy companies such as Crown Resources (NASDAQ: CRCE), Encore Bancshares (NASDAQ: EBTX), RediClinic, ELV Holdings, Savage Arms and Gow Communications.


Garrett Lustig, Vice President, Avista Capital Partners

Garrett Lustig is a Vice President at Avista Capital Partners. Mr. Lustig joined Avista Capital Partners in 2015. Prior to joining Avista, Mr. Lustig worked as an investment banking analyst at Centerview Partners. Mr. Lustig received a B.S. in Economics from Duke University.


David Burgstahler, Managing Partner and Co-CEO, Avista Capital Partners

David Burgstahler is the Managing Partner and Co-Chief Executive Officer of Avista Capital Partners. Prior to co-founding Avista Capital Partners in 2005, Mr. Burgstahler was a Partner of DLJ Merchant Banking Partners and Head of Healthcare. Mr. Burgstahler was at DLJ Investment Banking from 1995 to 1997 and DLJMB from 1997 to 2005. Prior to joining DLJ, he worked at McDonnell Douglas (now Boeing) from 1987 to 1990 and Andersen Consulting (now Accenture) from 1991 to 1993.

Mr. Burgstahler received a B.S. in Aerospace Engineering from the University of Kansas and an M.B.A. from Harvard Business School.

Mr. Burgstahler currently serves as a Director of Inform Diagnostics, Kramer Laboratories, Osmotica Holdings, United BioSource Corporation, WideOpenWest (NYSE: WOW) and other private boards. He previously served on the boards of AngioDynamics (Nasdaq: ANGO), Armored AutoGroup, BioReliance, ConvaTec Group, Focus Diagnostics, INC Research Holdings (Nasdaq: INCR), Lantheus Holdings (Nasdaq: LNTH), MPI Research, Inc., Strategic Partners, Visant and Warner Chilcott (Nasdaq: WCRX). Mr. Burgstahler is also a Trustee of the Trinity School in New York City.