President & Chief Executive Officer
Chad Lenamon is the president and chief executive officer of Pegasus Optimization Managers, LLC. Previously, he was president and chief operating officer of CDM. During his tenure, Chad led the company to increase its operating horsepower fleet by more than 40 percent in less than three years. For his efforts, Chad was honored with an Industry Leader award by the Oil & Gas Awards in 2015.
Chad joined CDM as one of its first ten employees in 1998. He quickly advanced through the company’s management—holding various positions including field technician, operations superintendent and senior vice president of operations.
While in these roles, Chad proved invaluable to the company’s growth and efficiency. For instance, as installation manager, he was responsible for improving both compressor design and installation methods, and he also supervised the company’s first inland and offshore waters installations. Additionally, Chad developed the company’s “best in class” maintenance and inventory systems, and he also worked to expand the company’s operations footprint to new states and shale plays.
He began his career in 1995 at Hanover Compression. In sum, Chad has more than 20 years of operations and executive experience in the gas compression industry.