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Broadwind Energy Inc (BWEN.OQ)

BWEN.OQ on NASDAQ Stock Exchange Capital Market

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Summary

Name Age Since Current Position

David Reiland

64 2010 Independent Chairman of the Board

Stephanie Kushner

62 2017 President, Chief Executive Officer, Director

Jason Bonfigt

40 2017 Chief Financial Officer, Chief Accounting Officer, Vice President, Treasurer

Daniel Schueller

55 2016 President, Brad Foote Gear Works, Inc.

Eric Blashford

53 2018 Chief Operating Officer

Erik Jensen

50 2014 Vice President and Chief Human Capital Officer

Joseph Reisinger

39 2016 Vice President - Business Development

Terence Fox

62 2006 Independent Director

Persio Lisboa

52 2016 Independent Director

Thomas Wagner

66 2011 Independent Director

Cary Wood

51 2016 Independent Director

Biographies

Name Description

David Reiland

Mr. David P. Reiland is Independent Chairman of the Board of the Company, since May 17, 2010. He is Chairman of the Audit Committee and is designated as a financial expert, and is also a member of the Governance/Nominating Committee. Mr. Reiland was employed by Magnetek, Inc. (“Magnetek”) from August 1986 until January 2009, where he held numerous high-level positions, including Executive Vice President, Chief Financial Officer, Controller and Vice President of Finance, and served as Chief Executive Officer and President of Magnetek from October 2006 until October 2008. He also served on the Board of Directors of Magnetek from October 2006 to September 2015. Magnetek develops, manufactures and markets power and motion control systems and was a public company until its acquisition by Columbus McKinnon Corporation in September 2015. The Governance/Nominating Committee concluded that Mr. Reiland should serve as a director as of the date of this Proxy Statement on the basis of his extensive leadership experience and financial expertise. Mr. Reiland is a Certified Public Accountant who holds an undergraduate degree in financial management from California State University, Long Beach, and a Master of Business Administration degree from the University of Southern California.

Stephanie Kushner

Ms. Stephanie K. Kushner is President, Chief Executive Officer, Director of the company effective August 7, 2017. She served as our Interim President and Chief Executive Officer from November 30, 2015 to May 16, 2016 and as our Chief Financial Officer since August 15, 2009 until August 7, 2017. Ms. Kushner has more than 30 years of accounting and finance experience, including serving as Chief Financial Officer for Federal Signal from 2002 to 2008. She held several global finance leadership positions with FMC Corporation, and began her career with Amoco Corporation. From May 2011 to November 2014, Ms. Kushner served on the Board of Directors of Columbus McKinnon Corporation, a global manufacturer of material handling equipment. From February 2004 to May 2010, she served on the Board of Directors of Wabash National Corporation, a manufacturer of commercial fleet and consumer/retail transportation equipment. Ms. Kushner holds a bachelor’s degree in economics from Douglass College at Rutgers University and a Master of Business Administration degree from the Wharton School.

Jason Bonfigt

Mr. Jason L. Bonfigt is Chief Financial Officer, Chief Accounting Officer, Vice President, Treasurer of the Company effective August 7, 2017. Mr. Bonfigt was previously Vice President - Finance of our wholly-owned subsidiary Brad Foote Gear Works, Inc. (“BFGW”), beginning in April 2014, and before that served as our Director, Treasury beginning in March 2011. Mr. Bonfigt joined us in August 2008, and during his tenure has held various financial and operational roles, focusing on financial reporting and control and financial planning and analysis. He began his career working in business planning functions at Schneider National, a provider of truckload, intermodal and logistics services. Mr. Bonfigt is a Certified Public Accountant who holds a Bachelor of Science degree in Accounting and Finance from the University of Wisconsin - Green Bay, and holds a Master of Business Administration degree in Finance and Economics from the Kellogg School of Business - Northwestern University.

Daniel Schueller

Mr. Daniel E. Schueller is President, Brad Foote Gear Works, Inc. of the Company. He also served as President of BFGW from April 2010 to March 2013. In the interim period, Mr. Schueller was Vice President of Bronto Skylift (a subsidiary of Federal Signal) in Tampere, Finland, a manufacturer of truck mounted aerial equipment for fire protection and industrial applications. Prior to that assignment, he was Vice President/General Manager Parts and Service and Vice President/General Manager of Vactor Manufacturing, part of the Environmental Solutions Group of Federal Signal, from March 2003 to April 2010. Mr. Schueller previously held manufacturing positions at Tecumseh Engines and at Case New Holland. Mr. Schueller earned a Bachelor of Science Degree in Mechanical Engineering Technology from the Milwaukee School of Engineering, and a Master of Business Administration degree from St. Ambrose University. He currently serves on the Board of Directors of HCC Inc., a supplier of combine components to the agricultural industry, and was previously on the Advisory Board of the Illinois Manufacturing Excellence Center.

Eric Blashford

Mr. Eric B. Blashford is Chief Operating Officer of the Company. He has served as President of Broadwind Towers since October 2014, when he joined the Company. Prior to joining the Company, from January 2012 to October 2014, he served as President of a group of companies owned by The Heico Companies, LLC, including Barko Hydraulics, LLC, Pettibone Traverse Lift, LLC and Tiffin Parts, LLC, all of which are manufacturers of heavy duty off road vehicles (and parts) for the forestry, material handling, oil and gas and construction industries. Mr. Blashford holds a Bachelor of Science in Business Administration degree in Accounting from the University of Akron and a Master of Business Administration degree from Kent State University, and is a registered Certified Public Accountant (non-practicing) in the state of Ohio. Mr. Blashford has no related party transactions with the Company reportable under Item 404(a) of Regulation S-K and has no family relationships with any director, executive officer or nominee for director or executive officer of the Company.

Erik Jensen

Mr. Erik W. Jensen is Vice President and Chief Human Capital Officer of the Company, since July 2014. Prior to joining us, he was Vice President of Human Resources of Pettibone, LLC (“Pettibone”), part of a privately-held group of manufacturing companies, starting in August 2011. For more than three years prior to joining Pettibone, Mr. Jensen was employed by ThyssenKrupp Crankshaft Company, a publicly-traded German company, where he held the position of Director of Human Resources. He began his career in the chemical industry with Stepan Company, a publicly-traded company, where during his 14 year career he transitioned from operations to human resources. Mr. Jensen earned his Bachelor of Science degree in Industrial Technology, with a concentration in Manufacturing Engineering from Eastern Illinois University, and holds a Master of Business Administration degree from Olivet Nazarene University.

Joseph Reisinger

Mr. Joseph V. Reisinger is Vice President - Business Development of the Company. Prior to joining us, he was employed by GE for more than ten years. During his tenure at GE, Mr. Reisinger held various roles with the company’s nuclear, gas and steam power generation businesses as well as GE’s capital finance business. Mr. Reisinger earned his Bachelor of Science degree from the Massachusetts Maritime Academy.

Terence Fox

Mr. Terence P. Fox is Independent Director of the Company, since February 2006. Mr. Fox, along with three other individuals, founded Tower Tech Systems Inc., the company around which we were built through a series of acquisitions completed in 2007 and 2008. He has been a partner in the law firm of Kummer, Lambert, Fox & Glandt, LLP, and its predecessor, Dewane, Dewane, Kummer, Lambert & Fox, LLP, located in Manitowoc, Wisconsin, since June 1987, where one of his primary areas of practice is business and commercial law. Mr. Fox graduated from the University of Wisconsin—Milwaukee and the Marquette University Law School. He has many business and real estate interests and sits on the boards of directors of several non-profit and for-profit organizations in the Manitowoc, Wisconsin area. The Governance/Nominating Committee concluded that Mr. Fox should serve as a director as of the date of this Proxy Statement on the basis of his leadership and business experience, his legal expertise, and his extensive knowledge of our history and our growth and development over time.

Persio Lisboa

Mr. Persio V. Lisboa is an Independent Director of the Company. Mr. Lisboa has served as Executive Vice President and Chief Operating Officer of Navistar International Corporation (with its affiliates, “Navistar”), a leading manufacturer of commercial trucks, buses, defense vehicles and engines, since March 2017. Prior to holding this position, he held various positions with Navistar, including President, Operations from November 2014 to March 2017, Senior Vice President, Chief Procurement Officer from December 2012 to November 2014, Vice President, Purchasing and Logistics and Chief Procurement Officer from October 2011 to November 2012, and Vice President, Purchasing and Logistics from August 2008 to October 2011, as well as other management positions within Navistar’s North American and South American operations. Earlier in his career, Mr. Lisboa held positions at Maxion International Motores Brasil, International Engines Argentina S.A., and MWM-International South America. Mr. Lisboa serves on the Board of Directors of James Hardie Industries, PLC, a publicly-owned manufacturer of fibre cement siding and backerboard, since February 2018. Mr. Lisboa received a Bachelor of Science degree in Business Administration with a Marketing Specialization from Pontificia Universidade Catolica (PUC) de Sao Paulo.

Thomas Wagner

Mr. Thomas A. Wagner is an Independent Director of the Company, since March 25, 2011. Mr. Wagner was the Chief Product Officer at Ogin, Inc., a wind turbine design and supply company. He is currently supporting various consulting assignments and working on products with potential to consume environmental carbon dioxide. From January 2011 to May 2012, Mr. Wagner was the Engineering Head at Nordic Windpower USA, a wind turbine manufacturer to the community and distributed utility wind power segments. From January 2006 through December 2010, he served as Chief Technology Officer of Gas Turbine Efficiency plc, an early stage company focused on turbine efficiency, where he led the design and validation of technology to enhance the operation of aviation, industrial and power generation turbines around the world. Mr. Wagner has worked in the diversified energy industry for more than 30 years, including positions as Vice President, Technology and Production for Hess Microgen, an affiliate of Amerada Hess Corporation, and various engineering leadership positions at General Electric Company (“GE”). From 2002 through 2005, he served as General Manager - Technology Leadership for Wind Energy for GE Wind, where, among other things, he participated in the development of the reliability programs and product improvement plans for GE’s 1.5 MW wind turbine. Mr. Wagner holds a Bachelor of Science degree in engineering from Cornell University and a Master of Science degree in mechanics from Rensselaer Polytechnic Institute. The Governance/Nominating Committee concluded that Mr. Wagner should serve as a director as of the date of this Proxy Statement on the basis of his demonstrated technology leadership over the course of his career, as well as his strong technical background and understanding of the products that we provide and the industries in which we operate.

Cary Wood

Mr. Cary B. Wood is an Independent Director of the Company. Mr. Wood is the President and CEO of Angelica Corporation, a privately sponsored company, and leading provider of textiles to the healthcare industry. Mr. Wood has served on the Board of Directors of Vishay Precision Group, Inc. (NYSE: VPG), an internationally-recognized designer, manufacturer and marketer of resistive foil technology, sensors and sensor-based systems to niche industrial applications, since March 2016, and will continue until his term expires in May 2018. Mr. Wood is also a member of the Board of Directors of Westell Corporation (NASDAQ:WSTL) and sits on the Compensation and Audit Committee's where he has been deemed a financial expert in Westell's disclosures. Mr. Wood also serves on the Board of Directors of M&G Duravent, Inc., a privately-held venting systems firm, since January 2017. He served as Chief Executive Officer and director of Sparton Corporation (NYSE: SPA) from November 2008 to February 2016, and as its President from April 2009 to February 2016. From August 2004 to November 2008, Mr. Wood served in several roles, including interim Chief Executive Officer and Chief Operating Officer, for Citation Corporation (now known as Grede Holdings, LLC), a private company manufacturing cast, machined and assembled components for the transportation and industrial markets. He began his career with General Motors Corporation, followed by a move to United Technologies Corporation, where he served in a variety of general management, operations and engineering roles. Mr. Wood received a Bachelor of Science degree in Technology from Purdue University in 1989, a Master of Science degree in Industrial Operations in the School of Management from Lawrence Technological University in 1995, and a Master of Business Administration degree in Finance from Loyola University-Chicago in 2014.

Basic Compensation

Name Fiscal Year Total

David Reiland

75,000

Stephanie Kushner

981,409

Jason Bonfigt

--

Daniel Schueller

--

Eric Blashford

494,954

Erik Jensen

315,684

Joseph Reisinger

--

Terence Fox

75,000

Persio Lisboa

75,000

Thomas Wagner

75,000

Cary Wood

75,000
As Of  31 Dec 2017