Island Operating Executive and Leadership Team

June, 2026

Leadership Overview

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

Driven by a commitment to 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 overarching strategy and corporate vision. Falgout guides the company's expansion and operational integrity, ensuring alignment with its core mission of providing comprehensive management services to the oil and gas industry. This leadership role involves setting the strategic direction for all departments, fostering a culture of safety and compliance, and driving the company's growth initiatives. By overseeing key decisions, Gregg Falgout ensures the sustained delivery of experienced personnel, platform operation, and property management services. The President & Chief Executive Officer's focus remains on enhancing operational efficiency and expanding market reach, directly impacting the company's long-term success and its reputation for reliable service delivery across the energy sector.
    Gregg Falgout

    Kaoen Deen - Chief Financial Officer

    Kaoen Deen, the Chief Financial Officer at Island Operating, manages the company's financial health and strategic fiscal planning. Deen oversees all financial operations, including budgeting, forecasting, and financial reporting, ensuring the economic stability required for platform operation and property management services. This role is vital for maintaining compliance with financial regulations and optimizing resource allocation across all company functions. By providing critical financial insights, Kaoen Deen supports informed decision-making for operational and strategic initiatives. The Chief Financial Officer's expertise is instrumental in managing investments, controlling costs, and ensuring the profitability of Island Operating's diverse service portfolio, including transportation and personnel management.

    Kathleen Abshire - Chief Operating Officer

    Kathleen Abshire, the Chief Operating Officer at Island Operating, executes the day-to-day operational strategies and ensures the seamless delivery of services. Abshire oversees the deployment of experienced personnel and the management of safe, compliant facilities, directly supporting the company's oil and gas property management and platform operation functions. This critical role involves optimizing operational workflows, maintaining high standards of safety and regulatory adherence, and managing the logistical aspects of transportation services. By focusing on operational excellence, Kathleen Abshire ensures that Island Operating consistently meets client needs and industry demands. The Chief Operating Officer's responsibilities extend to enhancing the efficiency of facility operations and the reliability of personnel deployment, thereby reinforcing the company's commitment to dependable service.

    Ray Hatch - Chief Revenue Officer

    Ray Hatch, the Chief Revenue Officer at Island Operating, drives the company's revenue generation and market expansion strategies. Hatch focuses on identifying new business opportunities and strengthening client relationships to enhance oil and gas property management and platform operation services. This executive position involves developing and implementing sales initiatives, managing key accounts, and ensuring that revenue targets are met and exceeded. By cultivating strategic partnerships, Ray Hatch directly contributes to the company's financial growth and market presence. The Chief Revenue Officer's efforts are crucial in expanding the company's service offerings and securing new contracts within the energy sector, reinforcing Island Operating's position as a leading provider.

    Luc Bordelon - Chief Revenue Officer & Deepwater Operator

    Luc Bordelon, the Chief Revenue Officer & Deepwater Operator at Island Operating, spearheads revenue growth initiatives while directly managing complex deepwater operations. Bordelon ensures the effective execution of platform operation and oil and gas property management in challenging offshore environments. This dual role requires a strategic approach to revenue generation coupled with deep technical expertise in deepwater asset management and compliance. By overseeing both commercial development and operational execution, Luc Bordelon bridges critical business functions. The Chief Revenue Officer & Deepwater Operator's focus on maximizing revenue streams and maintaining the highest operational standards in deepwater settings is essential for Island Operating's specialized service delivery and market leadership.
    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.