A. Pursell on finance
From Wade Pursell: Be Bold and Live Your Mission · · Generous Business Owner Podcast
“When we sell stock, everyone sees it immediately and it's never a comfortable question from an investor. But the ability to give it away has been a big positive because no one has ever asked me why I gave away stock versus selling it. Giving looks very different and people appreciate that you're giving something away.”
On , A. Pursell, Executive Vice President & Chief Financial Officer at SM ENERGY CO, spoke about finance during Wade Pursell: Be Bold and Live Your Mission on Generous Business Owner Podcast.
About A. Pursell
A. Pursell, Executive Vice President and Chief Financial Officer at SM Energy, appeared on the podcast "The Generous Business Owner" on September 17, 2024. During the episode, Pursell discussed his career and personal approach to leadership. He described being caught in a conflict between a CEO and executive chairman at a previous company, which led to his departure in June 2008. Pursell stated that he was able to sell company stock at high prices just before the September 2008 financial crisis, calling the timing "a huge blessing." He said that after leaving that role, he was recruited to become CFO of SM Energy. Pursell said his personal mission is to "love God and love others" and that he prays about opportunities to ensure they align with that mission. He recommended starting each morning with a brief time in scripture and praying for people he will interact with during the day. Pursell noted that he has been able to give appreciated stock to his church on a disciplined basis, and that giving stock has not attracted the same scrutiny from investors as selling stock. He stated that at SM Energy he has worked with executive teams of "very high integrity" and has been able to teach biblical principles "in a creative way within the public company environment without being overt."