Turning points: OMV's Jeffrey Butrico

Expect a challenge in risk management but try not to be a nay-sayer when mitigating risk, Jeffrey Butrico, OMV’s head of corporate risk and insurance management, tells Gillian Carr

Jeffrey Butrico’s first brush with the energy industry was in the 1980s when he was an investment banker with Bear Stearns in New York. He helped put together a financing deal for a New York company called Oxford Energy, which operated a generation plant in California that fed on waste tyres – the disposal of which was a big problem at the time. But it wasn’t until a number of years later, in the early 2000s, that he really became involved in energy trading and risk management field.

It was the