David Lumpkins of Houston, Texas has been involved with investment banking for seventeen years and currently serves as Managing Director for Morgan Stanley’s Houston office.
Plaintiffs allege in their complaint against Lumpkins that she misrepresented Morgan Stanley as experienced and capable of conducting investigations and advisory regarding similar transactions, and would help Allwaste evaluate Philip’s proposal based on merits, advisability, and fairness.
Early Life and Education
Lumpkin attended the Naval Postgraduate School in Monterey, California, earning both his master’s degree and PhD. As an award-winning student there, his research focused on naval matters; moreover he has published numerous articles and book chapters related to this research area.
Lumpkin served in several senior executive positions during his military career, such as Assistant Secretary of the Navy for Special Operations and Low-Intensity Conflict (SO/LIC) where he oversaw its most advanced technology. In addition, he managed a small staff and took an integral part in restructuring the Department of Defense POW/MIA accounting program.
Lumpkin was born and raised in Oceanside, California. Together with his wife Sherri he is a proud parent to two children; one son and one daughter. In the past Lumpkin has enjoyed traveling with his family; however, now they reside permanently in Ohio.
David has over 17 years of experience working in investment banking, having opened Morgan Stanley’s Houston office. Additionally, he co-founded PetroLogistics II LLC.
He served as Executive Chairman of PetroLogistics LP, an NYSE listed company which built and operated North America’s first Propane Dehydrogenation facility. In 2014 he sold the company to Flint Hills Resources while also continuing to work on additional petrochemical projects.
Elizabeth Lumpkin Robinson has served as Oregon’s associate head coach since July 2017. In five years on the coaching staff, she helped guide them to four winning seasons and two NCAA Tournament appearances as well as helping guide two players into NCAA Singles Championship and three others into All-Pac-12 accolades.
Achievement and Honors
David Lumpkin has accomplished much during his distinguished career. His contributions span multiple fields – military service, business operations and philanthropy.
His accomplishments have been honored with numerous awards and honors, such as the Department of Defense Medal for Outstanding Public Service. Furthermore, they have been acknowledged internationally.
He currently sits on the board of directors for Westlake Chemical Partners GP LLC in Houston, an oil and gas company providing transport for petrochemicals and natural gas transportation services. Prior to that he held roles such as senior advisor for operations at Veterans Affairs as well as Afghanistan War Commission membership. Furthermore, he actively supports youth-centric initiatives like INTERGEN and is passionate about inspiring people to reach their dreams.
David was an exceptional artist, avid hunter and fisherman and dedicated family man who was honored to be named as one of the Guardian Angels 2023 for Project Lazarus; an organization which raises money to care for children living with life-threatening illnesses.
Art Collector, Vascular Sonographer and Mystic Krewe of Celestial Knight Member. Craig Rachel Survived him with their two fur babies Maggie and Winston as well.
David Lumpkins is estimated to be worth an estimated net worth of $1 Million, as co-founder and chairman of PetroLogistics II LLC since January 2015 (petrochemical development company).
Previous to starting his own businesses, Mr. Davis served as Chairman and co-founder of PetroLogistics LP, an NYSE-listed company which built and operated a Propane Dehydrogenation facility before selling it to Flint Hills Resources in 2014.
Mr. Lumpkins co-founded PL Midstream, a privately held petrochemical transportation and storage business operating out of Louisiana. This enterprise owned and operated three salt dome storage facilities: in Baton Rouge, Lake Charles and New Orleans that served as important hubs for transporting ethylene and propylene pipelines within Louisiana.
He has served Crestwood Equity Partners LP since 2015 as both director and member of their conflict committee, serving on their audit committee, and making several trades of CEQP stock since then, including purchasing 10,000 units on 8 December 2015 for over $144,000.