Infinity Natural Resources Overhauls Finance Leadership Ahead of Growth Push
Event summary
- Cary Baetz appointed EVP and CFO of Infinity Natural Resources, effective August 12, 2026.
- Andrew Judge named SVP of Finance, bringing upstream oil & gas expertise to the role.
- David Sproule resigns as CFO but departure not tied to operational disputes.
- Baetz's background includes leading IPOs, M&A, and capital markets strategies at Berry Corporation and Boart Longyear.
- Judge previously scaled finance functions at Encino Energy, raising $2B in capital.
The big picture
Infinity Natural Resources is bolstering its financial leadership as it expands operations in the Appalachian Basin. The appointments of Baetz and Judge signal a focus on capital markets agility and M&A expertise, critical for scaling in a competitive upstream oil & gas environment. With recent board additions also bringing public company experience, Infinity appears to be positioning itself for significant strategic transactions.
What we're watching
- Capital Markets Strategy
- How Baetz's experience in IPOs and capital structure transformations will shape Infinity's financing approach.
- M&A Execution
- Whether Judge can replicate his Encino Energy success in evaluating and executing deals for Infinity.
- Scalability
- The pace at which the new finance leadership team can build systems to support Infinity's growth ambitions.