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Valor, an asset management and professional services company specializing in oil and gas mineral rights, has announced the hiring of Jonathon Lipko as the organization's new chief operating officer.
Valor’s corporate base is in Fort Worth. The company also has an office in Midland.
“The company continues to grow and prosper in ways we couldn't have imagined just a year ago,” says Valor CEO Joseph DeWoody in a statement. “What we needed was a veteran executive who could step in on day one and evaluate all of our departmental operations and business processes. We're confident that Jonathon Lipko is the perfect choice to join the C-suite here at Valor.”
Valor, with business interests in more than 30 states, manages the mineral and property rights for over 80,000 entities, which generate over $100 million in annual revenue for clients, according to a press release.
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Jonathon Lipko
The company’s professional services scope, Valor Ignite, is an outsourcing services solution for accounting, business processes, contract C-suite engagements, and back-office support. Valor manages assets for a wide range of client profiles, including individuals, families, partnerships, trusts, nonprofits, universities, institutions, investment funds, and family offices.
Lipko has enjoyed a career as an operations executive who specializes in large-scale corporate turnarounds, having worked for global aerospace giants such as Boeing and Raytheon. Prior to joining Valor, Lipko was the lead operations manager at Amazon's 1 million square-foot distribution facility in Park City, Kansas, where he oversaw the productivity of a 300-person team managing $250 billion in revenue.
His programs and initiatives at Amazon led to a 50% increase in productivity and a 20% reduction in operational defects for the company, according to Valor.
“There's nothing I'd rather do than lead operational improvement for companies with unlimited potential,” says Lipko, who has bachelor’s and master’s degrees in business administration from Seattle Pacific University, according to his LinkedIn profile. "Having studied Valor's position in the marketplace and the potential for growth that's already present, it's going to be a pleasure working with this organization to take things to the next level of success, both internally and externally.”