Island Operating Executive and Leadership Team

May, 2026

Leadership Overview

Island Operating has 5 executives leading key functions including strategy, revenue generation, operations, and finance.

Driven by a commitment to operational excellence, Island Operating provides experienced personnel, safe and compliant facilities, platform operation, oil and gas property management, and transportation services, solidifying its market impact in the energy sector.

Leadership Roles at Island Operating

  • President & Chief Executive Officer - Gregg Falgout
  • Chief Financial Officer - Kaoen Deen
  • Chief Operating Officer - Kathleen Abshire
  • Chief Revenue Officer - Ray Hatch
  • Chief Revenue Officer & Deepwater Operator - Luc Bordelon
  • Gregg Falgout - President & Chief Executive Officer

    Gregg Falgout, the President & Chief Executive Officer at Island Operating, directs the company's overall strategic vision and operational execution. Falgout guides the organization in delivering comprehensive management services, including the provision of experienced personnel and the oversight of safe, compliant facilities. This leadership role ensures the effective management of oil and gas properties and the seamless execution of transportation services. By focusing on core business objectives, Gregg Falgout drives the company's growth and maintains its reputation for reliability within the energy sector. The President & Chief Executive Officer's responsibilities encompass fostering innovation and ensuring alignment with industry best practices, thereby securing Island Operating's competitive position.
    Gregg Falgout

    Kaoen Deen - Chief Financial Officer

    Kaoen Deen, the Chief Financial Officer at Island Operating, directs all financial planning, management, and reporting activities. Deen is responsible for fiscal strategy, ensuring the financial health and stability of the organization through meticulous budget management and investment oversight. This executive analyzes financial data to support strategic decision-making across all company operations, including property management and transportation services. By maintaining robust financial controls, Kaoen Deen safeguards the company's assets and optimizes resource allocation. The Chief Financial Officer's expertise is vital in navigating the economic landscape of the energy services sector and driving sustainable financial growth for Island Operating.

    Kathleen Abshire - Chief Operating Officer

    Kathleen Abshire, the Chief Operating Officer at Island Operating, manages the day-to-day operational functions and ensures the efficient delivery of services. Abshire oversees the deployment of experienced personnel and the maintenance of safe, compliant facilities, critical components of Island Operating's service model. This role involves optimizing platform operations and property management processes to maximize efficiency and minimize risk. By focusing on operational excellence, Kathleen Abshire strengthens the company's ability to provide reliable transportation services and manage oil and gas properties effectively. The Chief Operating Officer's leadership ensures that all operational activities adhere to the highest industry standards, supporting the company's overall mission.

    Ray Hatch - Chief Revenue Officer

    Ray Hatch, the Chief Revenue Officer at Island Operating, spearheads all revenue-generating activities and market expansion initiatives. Hatch focuses on optimizing sales strategies and developing new business opportunities to enhance the company's financial performance. This executive oversees the cultivation of client relationships and the identification of emerging market trends within the energy services sector. By driving revenue growth, Ray Hatch directly contributes to the company's sustained profitability and market share. The Chief Revenue Officer's strategic direction ensures that sales efforts are precisely aligned with the company's service offerings, including platform operation and oil and gas property management.

    Luc Bordelon - Chief Revenue Officer & Deepwater Operator

    Luc Bordelon, the Chief Revenue Officer & Deepwater Operator at Island Operating, drives revenue generation specifically within deepwater operations and oversees related operational execution. Bordelon focuses on expanding market share by identifying and securing new deepwater projects, ensuring profitability and client satisfaction. This dual role involves managing the complex operational demands of deepwater environments while simultaneously pursuing strategic revenue growth. By leveraging deep industry knowledge, Luc Bordelon enhances the company's capabilities in platform operation and oil and gas property management within specialized offshore sectors. The Chief Revenue Officer & Deepwater Operator's leadership is crucial for capitalizing on opportunities in this high-value segment of the energy market.
    Luc Bordelon

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    Frequently Asked Questions Regarding Island Operating Top Executives and Leadership Team

    Who leads Island Operating?
    Island Operating is led by Gregg Falgout (President & Chief Executive Officer), along with executives such as Kaoen Deen (Chief Financial Officer) and Kathleen Abshire (Chief Operating Officer).
    Who is part of Island Operating’s executive team?
    The executive team of Island Operating includes leaders such as Gregg Falgout (President & Chief Executive Officer), Kaoen Deen (Chief Financial Officer), Kathleen Abshire (Chief Operating Officer) and other senior executives.
    How many executives does Island Operating have?
    Island Operating has 5 executives leading key business areas.
    What roles are included in Island Operating’s leadership team?
    The leadership team of Island Operating includes roles such as President & Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Chief Revenue Officer, Chief Revenue Officer & Deepwater Operator.