Douglas N. Schantz, president of Sequent Energy Management, died tragically in New Orleans on March 5 after apparently falling accidentally into the Mississippi River.
Schantz, who served on the board of the Tulane Energy Institute, had been in New Orleans to present a gift of $25,000 to the institute as well as award two scholarships to Freeman students seeking careers in the energy industry.
Schantz, a Tulane parent, was largely responsible for establishing the close relationship that exists today between Sequent and Freeman. In 2006, Sequent began actively recruiting Freeman students for positions in the company, including its prestigious rotational program, which enables high-potential candidates to gain experience in various functional areas prior to assuming management-track positions. Over the last four years, Sequent has hired eight Freeman School graduates, more than any other energy company. Schantz also served as a guest lecturer in Freeman School classes, sharing his insights and experience with students.
Sequent also provided significant financial support for the Freeman School. Since 2007, the company has donated more than $100,000 to the Tulane Energy Institute in addition to sponsoring a scholarship program for students seeking careers in the energy industry. Six Freeman students have earned the $2,500 scholarships over the past four years.