About Mike Lassman:
I'm 58 years old, have worked in Logistics with Koch Industries, built a large gas trading business for Goldman Sach Wall Street, and Have owned and operated 3 Gourmet coffee franchised. Started an Ebay drop store business (3 locations), started outdoor overstock retail and e-commerce business for 8 years. Started an energy consulting and clearing firm, sold it, and stayed on for 1 year as managing director. Have done consulting and marketing for several energy companies. In the last 5 years I have built a commercial business for Medallion Midstream, taking their $70 EBITDA in 2018 to $190MM in 2022. My commercial division alone increased EBITDA from $1MM in 2018 to $32MM in 2022. Have decided I'm ready for a new opportunity. Medallion has asked that I stay on full-time consulting until March of 2023.
Experience
Logistics with Koch Industries, Built a Natural gas portfolio for Goldman Sachs on Wall Street, Have owned 3 gourmet coffee franchises, Officer at the WIlliams Companies overseeing Natural gas, NGL's, and Petrochemicals with over 100 employees, Started and EBay drop business, built and outdoor overstock business, both retail and e-commerce. Had a consulting firm for energy companies, Most recently have spent the last 5 years building a commercial business for Medallion, taking our EBITDA from $70MM to 190MM in 5 years. My commercial group alone took our EBITDA from 1MM in 2018 to $32MM in 2022. I am ready for new adventure, but Medallion has asked and I have agreed to stay on full time consulting through Mid March 2023.
Education
Kansas State University, BS Business Administration/Marketing. Optimizing the Medallion assets was a great education in driving EBITDA, Reducing Opex and Capex as well as structuring transactions that created $422MM of NVP over the next 10-30 years.
Having built the Urban Campout, a kids venue for indoor overnight campouts, with a 10,000 Square foot panoramic floor of a building I owned was a great education on giving kids what they want. It was a huge success with camp counselors, games, pizza, and more.
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