James McManus, CEO of Energen
Alumnus James McManus Leads as CEO of Energen with a Curious Mind
We recently spoke to alumnus James T. McManus, II, Chairman and CEO of Energen Corporation and its subsidiaries. He is a member of The University’s President’s Cabinet and Chairperson of the Board of Visitors of The University of Alabama Business Schools.
The University holds a “special place” in his heart, not only because he obtained a BS in accounting from The Culverhouse School of Accountancy, but because he met and proposed to his wife on the Quad. McManus believes that The University “is definitely on the right track” with its recent changes and growth.
The campus is “bigger and even more beautiful” than in the years when he was a student, he explains. He has noticed dramatic changes in the learning process because of technology—the way students learn, and the way teachers teach. The College of Commerce has “moved into the 21st century to become a leader.” He adds: “There is no better campus, frankly.”
McManus provides this advice for aspiring leaders of publicly traded companies: “No matter what field you are in, you must have a curious mind. Learn the industry you are in both inside and out. Network with people who have experience in other aspects of business - operations, management, finance. Learn something new outside your own field every day so you can increase your overall
knowledge of the company on the whole.”
He continues: “What will set you apart from others in accounting is good relationship and communication skills.” Although technical competence is important, these skills can “make you special.”
When asked about surprises and challenges a new graduate might face, he explains: “It is a great time to be coming out with an accounting degree now. The field has expanded, not contracted.” He notes that the tough economic times make it harder for graduates to differentiate themselves. He recommends: “Have all your skill sets in place! Both academics and leadership activities where you learn people skills are important.”
McManus joined Energen in 1986. In 1997 he became President and Chief Operating Officer of Energen Resources and, over the next decade, led the growth of Energen’s exploration & production business from a small niche player in coalbed methane development in Alabama to one of the top 25 independent oil and gas producers in the United States. Prior to joining Energen, he worked with Pricewaterhouse Coopers.