Podcasts

February 10

Nicholas Ruppelt: Navigating Growth, Cycles and Talent in Oilfield Services. An Evolution Story

Nicholas Rupolt is the Chief Operating Officer of Evolution Wealth Services, a leading hydraulic fracturing and technology company. Raised in Louisville, Kentucky, by parents who both worked in engineering at GE Appliances, Nicholas pursued an engineering degree at Northeastern University and gained diverse experience at GE Aviation, Goldman Sachs, and Siemens before relocating to Houston.

In 2019, at just 26 years old, Nicholas took a calculated risk joining Evolution as a startup, leaving the stability of Siemens. Over six years, he has been instrumental in scaling the company from 200 employees and four fleets to over 1,100 employees and 14 fleets, positioning Evolution as the fifth-largest hydraulic fracturing provider in North America. As COO, Nicholas champions a people-first leadership philosophy, prioritizing hiring through trusted networks and fostering a culture of innovation. At 32, he leads with humility, leaning on mentors for strategic guidance while balancing a demanding career with his wife’s work as a pediatric oncologist. His unconventional path from someone who knew nothing about oil and gas to a young executive reshaping the industry, demonstrates that integrity, relationship-building, and commitment to people drive extraordinary success in energy.

Nicholas Ruppelt, COO of Evolution Wealth Services, shares his unconventional rise from engineer to oilfield services leader in a non-traditional career path. Raised in Louisville, Kentucky, by parents in engineering at GE Appliances, Nicholas credits his family for instilling problem-solving skills and work ethic. After pursuing engineering at Northeastern University and gaining experience at GE Aviation, Goldman Sachs, and Siemens, a chance networking moment with Evolution’s leadership led to a pivotal career pivot at just 26 years old. He candidly describes taking a calculated risk leaving corporate stability to join a startup, building trust through technical expertise, and thriving through rapid scaling by prioritizing people and culture. Balancing career advancement with his wife’s demanding work as a pediatric oncologist, Nicholas navigated the challenges of young leadership with resilience and clear priorities. He encourages newcomers to take calculated risks, stay coachable, and relationship-focused, highlighting the importance of building genuine connections, fostering innovation, and maintaining strong company culture through growth.

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