Stephen Hoffman to head Huntington Bank’s energy initiatives
COLUMBUS: Huntington Bank today appointed Stephen Hoffman managing director, energy banking. Hoffman will lead the expansion of Huntington’s commercial banking services for the oil, gas, coal, shale and other natural gas production industries across Huntington’s markets. Hoffman joins Huntington from Bank of America where he spent more than 20 years leading various aspects of the organization’s energy, government and natural resources divisions, most recently as managing director. Midwestern growth in shale and other natural gas production is expected to skyrocket over the next 25 years. In Ohio alone the 31,462 shale-related jobs in 2010 are projected to increase to 41,366 by 2015 and 81,349 by 2035 according to a study by IHS Global Insight for America’s Natural Gas Alliance.