Bob Shults Named President of Atlas Commodity Holdings

HOUSTON--(BUSINESS WIRE)--Houston-based Atlas Commodity Markets is pleased to announce the promotion of Bob Shults to President of Atlas Commodity Holdings. A co-founder of the firm, Shults has been responsible for daily operations and business development of its businesses since July 2006.

“We needed somebody to step back from the desk and take an analytical view of our businesses and how to approach new markets. We may bring in new desks or expand our existing ones.”

“My role is to ensure strategic focus on new opportunities, while managing a changing regulatory environment,” said Shults. “We needed somebody to step back from the desk and take an analytical view of our businesses and how to approach new markets. We may bring in new desks or expand our existing ones.” Currently, Atlas deals in agricultural markets, ethanol, physical grains and petroleum.

Prior to founding Atlas, Shults served as Managing Director of Commercial Services and a member of the Executive Management Committee for APX, Inc., the leading provider of essential market infrastructure solutions for the energy and environmental markets. He also served on the Board of Directors of the Environmental Markets Association. Shults has more than two decades of experience in the energy sector in trading, origination, risk management, technology, operations, accounting, regulatory, strategy, project management, and project development. He holds an MBA degree in finance and international business and an undergraduate degree in accounting.

“There are great opportunities in front of us and Bob’s depth of experience in management and business development will help to continue to propel us forward,” said Mike Bridges, co-Founder of Atlas.

ABOUT ATLAS: Houston-based Atlas Commodity Markets is the commodity brokerage company that sets the standard for providing transparency, liquidity and execution efficiency. Atlas is a neutral intermediary, matching buyers and sellers at the best price. Broker experience ensures that Atlas can deliver the information clients need to succeed. Atlas' unbiased market position and exceptional market insight helps customers transact on the most competitive terms.

For more information, or to schedule an interview with Bob Shults, please call Tim Moloney at 713.875.7379 or email tim@colossuscomm.com.