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Babcock & Wilcox Enterprises Inc (BW.N)

BW.N on New York Stock Exchange

0.76USD
13 Dec 2018
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Summary

Name Age Since Current Position

Leslie Kass

47 2018 President, Director

Kenny Young

2018 Chief Executive Officer

Joel Mostrom

2018 Interim Chief Financial Officer

Louis Salamone

71 2018 Executive Vice President - Finance

J. Hall

52 2013 Senior Vice President, General Counsel and Corporate Secretary

Mark Carano

48 2017 Senior Vice President - Industrial, Corporate Development

Jimmy Morgan

49 2016 Senior Vice President - Renewable

James Muckley

59 2016 Senior Vice President - Operations

Daniel Hoehn

39 2015 Chief Accounting Officer, Vice President, Controller

Henry Bartoli

71 2018 Chief Strategy Officer and Independent Director

Kenneth Siegel

61 2018 Director

Matthew Avril

57 2018 Independent Director

Thomas Christopher

73 Independent Director

Cynthia Dubin

56 Independent Director

Brian Kahn

44 2018 Independent Director

Anne Pramaggiore

59 2012 Independent Director

Chase Jacobson

2016 Vice President, Investor Relations

Biographies

Name Description

Leslie Kass

Ms. Leslie C. Kass is President, Director of the company. She was Chief Executive Officer of Babcock & Wilcox Enterprises Inc. Ms. Kass has extensive engineering, operational and site-level leadership experience with a number of utilities, along with a strong background and acumen in working with the financial community, shareholders and potential investors in both the utility and government sectors. Most recently, she served as Vice President of Retrofits and Continuous Emissions Monitoring for B&W's Power segment, leading the company's global retrofits business and working closely with customers to develop solutions for their steam generation and environmental needs. Before that, she held positions as Vice President, Investor Relations & Communications, and as Vice President of Regulatory Affairs. Prior to joining B&W, Kass held a number of engineering and project management-related positions of increasing responsibility with Westinghouse, Entergy and Duke Energy. Ms. Kass is an experienced executive with an extensive engineering and project management background. This experience, combined with her strategic vision, make her a valuable member of our board of directors.

Kenny Young

Mr. Kenny Young is Chief Executive Officer of the company. Mr. Young has more than 30 years of operational, financial, marketing and executive leadership experience. He currently serves as President of B. Riley Financial, Inc. and Chief Executive Officer of B. Riley Principal Investments, LLC, a wholly-owned subsidiary of B. Riley Financial. Previously, he served for seven years as President and Chief Executive Officer of LCC International, Inc. In this role, he led a turnaround through various cost reductions and market expansions that yielded significant top and bottom line performance improvements.

Joel Mostrom

Mr. Joel Mostrom is the Interim Chief Financial Officer of Babcock & Wilcox Enterprises Inc, effective as of June 1, 2018. He has served as a Senior Director with Alvarez & Marsal North America, LLC, a global professional services firm (“Alvarez & Marsal”), since September 2009. Pursuant to an existing professional services agreement between the Company and Alvarez & Marsal, Mr. Mostrom will continue to receive his salary and benefits from Alvarez & Marsal. In connection with the appointment of Mr. Mostrom as interim Chief Financial Officer of the Company, the Company expects to pay Alvarez & Marsal an additional $130,000 per month under the professional services agreement.

Louis Salamone

Mr. Louis Salamone is Executive Vice President - Finance of the company. Mr. Salamone has more than 25 years of experience as a chief financial officer of diversified public companies such as Nextel Communications, Applied Graphics Technologies and LCC International, Inc.; as well as with private equity-backed companies such as USi, GXS and, most recently, CityMD. Mr. Salamone was previously a partner at Deloitte & Touche.

J. Hall

Mr. J. Andre Hall is the Senior Vice President, General Counsel and Corporate Secretary of Babcock & Wilcox Enterprises Inc. Mr. Hall serves as our Senior Vice President, General Counsel and Corporate Secretary. Prior to the spin-off, Mr. Hall served as Assistant General Counsel, Transactions and Compliance of BWC since August 2013. Prior to joining BWC, Mr. Hall served in various roles of increasing responsibility with Goodrich Corporation, an aerospace manufacturing company, most recently as Vice President of Business Conduct and Chief Ethics Officer from October 2009 until July 2012 when it was acquired by United Technologies Corporation. For the five years prior to becoming Chief Ethics Officer, Mr. Hall served as the segment general counsel for one of Goodrich Corporation’s multi-billion dollar operating segments.

Mark Carano

Mr. Mark A. Carano is the Senior Vice President, Industrial and Corporate Development of Babcock & Wilcox Enterprises Inc. Mr. Carano is the Senior Vice President - Corporate Development and Treasurer of the company. He serves as our Senior Vice President, Corporate Development and Treasurer. Prior to the spin-off, Mr. Carano served as Senior Vice President and Chief Corporate Development Officer of BWC since August 2013. Prior to joining BWC in June 2013, Mr. Carano served as a Managing Director in the Investment Banking Group of Bank of America Merrill Lynch, a financial services company, since 2006. Mr. Carano also previously held positions with the Investment Banking Group of Deutsche Bank.

Jimmy Morgan

Mr. Jimmy B. Morgan is the Senior Vice President - Renewable of Babcock & Wilcox Enterprises Inc, since December 2016. He is responsible for the company's renewable energy business, including its Babcock & Wilcox Volund subsidiary and Babcock & Wilcox's operations and maintenance services businesses. From August 2016 to December 2016, he served as Senior Vice President, Operations. He was Vice President, Operations from May 2016 to August 2016 and was Vice President and General Manager of Babcock & Wilcox Construction Co., Inc. from February 2016 to May 2016. Before joining Babcock & Wilcox, he was President for Allied Technical Resources, Inc., a technical staffing company, from September 2013 to January 2016. Previous positions included serving as Chief Operating Officer with BHI Energy, Vice President of Installation and Modification Services with Westinghouse Electric Company, and as Managing Director for AREVA T&D. He began is career with Duke Energy.

James Muckley

Mr. James J. Muckley is the Senior Vice President - Operations of Babcock & Wilcox Enterprises Inc, since December 2016. Mr. Muckley is responsible for the Company's manufacturing operations, Global Project Management, Quality and Environmental, Health, Safety & Security functions. Mr. Muckley is also responsible for Babcock & Wilcox Construction Co., LLC. From June 2016 to December 2016, he was Vice President, Global Parts and Field Engineering Services in the Company's Power segment. Prior to that, he was Vice President, Parts from January 2016 to May 2016, General Manager, Replacement Parts from November 2012 to December 2015, and Operations/Alliance Manager, Replacement Parts from March 2002 to October 2012.

Daniel Hoehn

Mr. Daniel W. Hoehn is the Chief Accounting Officer, Vice President, Controller of Babcock & Wilcox Enterprises Inc. Mr. Hoehn serves as our Vice President, Controller and Chief Accounting Officer. Mr. Hoehn joined BWC in March 2015. Formerly, Mr. Hoehn was Vice President and Controller at Chiquita Brands International, Inc., a producer and distributor of bananas and other produce, responsible for financial reporting for Chiquita’s operations across three continents. From 2010 to 2013, he was Assistant Corporate Controller, after serving as Manager, Financial Reporting, from 2007 to 2010. Prior to joining Chiquita, Mr. Hoehn was a senior manager in the audit practice at KPMG, LLP.

Henry Bartoli

Mr. Henry E. Bartoli Chief Strategy Officer and Independent Director Babcock & Wilcox Enterprises Inc. Mr. Bartoli has over 35 years of experience in all aspects of the global power industry. Most recently, Mr. Bartoli served as President and Chief Executive Officer of Hitachi Power Systems America, Ltd. Previously, Mr. Bartoli held positions at large engineering firms including The Shaw Group, Foster Wheeler Corp., and Burns and Roe Company. With more than 35 years of experience in the global power industry, Mr. Bartoli is a valuable member of our board of directors.

Kenneth Siegel

Mr. Kenneth S. Siegel is Director of the Company. Mr. Siegel has served as President of Diamond Resorts International, Inc. since March 2017, and is a member of its Board of Directors. Prior to that, he was Chief Administrative Officer and General Counsel of Starwood Hotels & Resorts, where he played a pivotal role in its emergence as an industry leader prior to its acquisition by Marriott International, Inc. in 2016. Previous positions included Senior Vice President and General Counsel of Cognizant Corporation, a multinational information services company, and its successor companies. He also has served as a partner at several law firms, focusing primarily on technology, hospitality and private equity clients. He holds a degree in business from Cornell University, a juris doctorate degree from New York University, and is a member of the New York Bar.

Matthew Avril

Mr. Matthew E. Avril is an Independent Director of Babcock & Wilcox Enterprises Inc. Mr. Avril has over 35 years of executive experience for public and private businesses. He most recently served as Chief Executive Officer of Diamond Resorts International, and previously spent over 20 years in a number of executive roles at various subsidiaries of Starwood Hotels and Resorts Worldwide. He has held positions on the boards of directors of several public companies and also serves on the boards of multiple investment firms.

Thomas Christopher

Mr. Thomas A. Christopher is an Independent Director of Babcock & Wilcox Enterprises Inc. Following his retirement in 2009, Mr. Christopher has provided independent consultant services to various energy industry participants. He serves as a member of the Operating Advisory Board of Fort Point Capital, a private equity firm. He also teaches a graduate-level course in management principles at the University of Pittsburgh. From January 2009 until his retirement in June 2009, Mr. Christopher served as the Vice Chairman of Areva NP Inc. (“Areva”), a commercial nuclear power engineering, fuel and nuclear services company. Previously, he served as Areva’s President and Chief Executive Officer from April 2000 to January 2009 and served on Areva’s global Executive Committee in France from January 2005 until December 2008. Prior to joining Areva in 2000, Mr. Christopher served as Vice President and General Manager of Siemens/Westinghouse Power Services Divisions since August 1998, Vice President and General Manager of Westinghouse Energy Services Divisions from January 1996 until August 1998, and Vice President and General Manager of Westinghouse Global Nuclear Service Divisions from July 1982 until December 1996. Mr. Christopher also spent six years with the U.S. Navy as an officer in the nuclear submarine force, holding the naval reactors engineer certification.

Cynthia Dubin

Ms. Cynthia S. Dubin is an Independent Director of Babcock & Wilcox Enterprises Inc. From November 2011 through January 2016, Ms. Dubin served as Finance Director of JKX Oil & Gas plc, a publicly held oil and gas exploration, development and production company. Prior to joining JKX Oil & Gas plc, she co-founded and served as Chief Financial Officer of Canamens Energy Limited, an oil and gas exploration and production company focused on the Caspian, North Africa, Middle East and North Sea regions, from 2006 to 2011. Prior to joining Canamens Energy Limited, Ms. Dubin served as Vice President and Finance Director, Europe, Middle East and Africa Division for Edison Mission Energy, a U.S. owned electric power generator which developed, acquired, financed, owned and operated reliable and efficient power systems. Ms. Dubin started her career at The Bank of New York and Mitsubishi Bank advising on and lending to large energy projects. Ms. Dubin brings valuable finance and energy industry experience to the Company’s board as well as a unique understanding of the global and European energy markets. With more than 30 years of experience in the energy sector combined with her financial expertise and her international leadership experience, Ms. Dubin is a valuable member of our board of directors.

Brian Kahn

Mr. Brian Randall Kahn is an Independent Director of Babcock & Wilcox Enterprises Inc. Mr. Kahn is the Managing Partner and Founder of Vintage Capital. He has held positions on the boards of directors for a number of public companies including Aaron's, Inc., API Technologies Corp., White Electronics Design, and Integral Systems, among others. He began his career at Fidelity Investments and holds a degree in Economics from Harvard University.

Anne Pramaggiore

Ms. Anne R. Pramaggiore is an Independent Director of Babcock & Wilcox Enterprises Inc, since February 24, 2012. She has served as President and Chief Executive Officer of Commonwealth Edison Company (“ComEd”), an electric utility company. Prior to her current position, she served as ComEd’s President and Chief Operating Officer from May 2009 through February 23, 2012. Ms. Pramaggiore joined ComEd in 1998 and served as its Executive Vice President, Customer Operations, Regulatory and External Affairs from September 2007 to May 2009, Senior Vice President, Regulatory and External Affairs from November 2005 to September 2007, and Vice President, Regulatory and External Affairs from October 2002 to November 2005. She also served as its Lead Counsel. Ms. Pramaggiore has also served as a member of the Board of Directors of Motorola Solutions, Inc. since January 2013. In addition, Ms Pramaggiore serves as a board member on the Chicago Federal Reserve Board. Ms. Pramaggiore is a licensed attorney and brings to the Company’s board of directors extensive experience in the utilities industry, as highlighted by her years of service at ComEd. Her experience as a current executive at another public company and her perspective on the technical, regulatory, operational and financial aspects of the power industry make her well qualified to serve on our board of directors.

Chase Jacobson