Manuj Nikhanj appointed CEO of Enverus

AUSTIN, Texas (May 29, 2024) – Enverus, the most trusted SaaS energy and generative AI company, today announced the promotion of Manuj Nikhanj to Chief Executive Officer, effective July 1, 2024. Nikhanj, who currently serves as Enverus president, will succeed Jeff Hughes, who will continue to support the company in his role as executive chairman.

“With global scale, a growing customer base, best-in-class technology and a culture of innovation, Enverus’ growth potential is enormous,” said Hughes. “The Manuj partnership, along with the support of our investors Hellman & Friedman and Genstar, has been instrumental in building Enverus as a leader in the energy-focused SaaS industry. As we approach $600 million in annual recurring revenue and continue to lead in technology innovation for the energy industry, we have entered a new phase of growth. We are operationally and strategically sound, and now is the right time to hand over the reins to Manuj, whose vision and deep industry experience will take our fantastic team to even greater heights.”

“I am excited and honored to assume the role of CEO at this transformational moment for Enverus,” said Nikhanj. “Jeff has built an award-winning employee culture that has made Enverus the most widely adopted SaaS platform in the world’s largest industry: energy. We have a bright future ahead of us and I look forward to continuing to benefit from Jeff’s mentorship and strategic vision as we work with the team to continue to create value and deliver extraordinary results for our clients.”

Nikhanj’s career in the energy industry began over 20 years ago. Prior to joining Enverus, Manuj was the original partner and co-CEO of RS Energy Group and its predecessor companies, which he helped transform from an independent start-up research firm into a market-leading provider of energy software, analytics and insights to corporate and institutional clients.

About Enverus
Enverus is the most trusted energy SaaS company with a platform built to maximize value from generative AI, offering access to analytics and insights anytime, anywhere. They include comparative cost and revenue data from over 95% of U.S. energy producers and over 40,000 suppliers. Our intelligently connected platform enables more efficient production and distribution, capital allocation, renewable energy development, investment and procurement. Our experienced industry experts support our clients through thought leadership, consulting and technology innovation. We provide information across the entire energy ecosystem: renewables, oil and gas, financial institutions, and energy and utilities, with over 6,000 customers in 50 countries. For more information, visit Enverus.com.

Media contact: Jon Haubert | 303.396.5996

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