Stabilis Solutions announced the departure of President and CEO Westervelt Ballard, Jr., effective January 31, 2025. This decision reflects a mutual understanding between both the Board of Directors and Ballard as Stabilis embarks on its next phase of strategic growth. Mr. Ballard will serve in a consulting capacity through the end of 2025 to ensure a smooth transition. J. Casey Crenshaw, Executive Chairman and a majority shareholder of Stabilis, has been named interim President and CEO. Mr. Crenshaw will assume day-to-day leadership responsibilities and will lead the Board of Directors’ search for the Company’s next CEO. Crenshaw currently serves as President & CEO of The Modern Group. Crenshaw, together with his wife, Stacey Crenshaw, co-founded Stabilis in 2013.
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