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Energy Veteran Returns to Alaska as HEX CFO

Oct 14, 2025 | Oil & Gas, Right Moves

Photo Credit: HEX

Michael R. Koy is returning to Alaska as CFO the HEX family of companies. He reports directly to President and CEO John Hendrix while overseeing the finances of HEX Cook Inlet, Furie Operating Alaska, Cornucopia, and Corsair.

Koy has more than twenty-five years of executive leadership experience in strategy, finance, and corporate development within the global energy sector. Most recently, he served as CFO for DJR Energy and Vesta Energy, where he focused on strengthening financial operations and leading strategic growth initiatives.

Koy previously held senior leadership roles at BP, TNK-BP (a joint venture of BP and Russian investors), Talisman Energy, Maersk Oil & Gas, and several private equity-backed companies in the United States and Canada. During his tenure with BP, he held several commercial and financial roles in Anchorage, contributing to major natural gas pipeline and facility projects.

Koy holds a bachelor’s degree in mechanical engineering from Purdue University and earned a master’s degree from the Colorado School of Mines in mineral economics with a corporate finance emphasis.

Current Issue

Alaska Business Magazine March 2026 cover

March 2026

Alaska Business Magazine March 2026 cover
In This Issue
ARCTIC DEVELOPMENT
March 2026
While all of Alaska is “arctic” to the rest of the country, our focus in the March 2026 Arctic Development special section is on projects more closely aligned to the actual Arctic, including an update on the Port of Nome deep-draft project, offshore oil activity, plans for projects on Savoonga and on the North Slope, and our cover story about the transportation industry’s efforts to operate responsibly in waters worldwide, which has direct applications to Arctic Seas. Also in this issue: learn more about the Chin’an Gaming Hall, USACE projects, the new Wildbirch Hotel, and the transportation and logistics of Girl Scout cookies. Enjoy!
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