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CES Energy Solutions Corp (CEU.TO)

CEU.TO on Toronto Stock Exchange

0.97CAD
14 Aug 2020
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Summary

Name Age Since Current Position

Kyle Kitagawa

58 2010 Independent Chairman of the Board

Thomas Simons

51 2010 President, Chief Executive Officer, Non-Independent Director

Anthony Aulicino

2018 Chief Financial Officer

Richard Lee Baxter

2019 President, US Drilling Fluids

Vernon Disney

2018 President, US Production Chemicals

Kenneth Zinger

2019 Chief Operating Officer and President, Canadian Operations

James Pasieka

64 2014 Corporate Secretary

Spencer Armour

66 2019 Independent Director

Stella Cosby

62 2017 Independent Director

John Hooks

62 2010 Independent Director

Philip Scherman

69 2015 Independent Director

Biographies

Name Description

Kyle Kitagawa

Mr. Kyle D. Kitagawa serves as Independent Chairman of the Board of the Company. Mr. Kitagawa is an independent businessman and has been a corporate director since March 2003. Mr. Kitagawa currently is Chairman of Zargon Oil & Gas Ltd. and managing director of North River Capital Corp. Prior thereto, Mr. Kitagawa was President and Chief Executive Officer of Enron Canada Corp. Mr. Kitagawa has previously sat on the board of directors for Coral Hill Energy Ltd., Advanced Mobile Power Systems, LLC, Esprit Exploration Ltd., Ferus Trust, Independent Energy Ltd., Invasion Energy Inc., Livingston Energy Ltd., Papier Masson Ltee., ProspEx Resources Ltd. and Wave Energy Ltd. Mr. Kitagawa is a member of the Chartered Professional Accountants of Alberta. He holds a Master of Business Administration degree from Queen's University, a Bachelor of Commerce from the University of Calgary and is a Chartered Professional Accountant.

Thomas Simons

Mr. Thomas J. Simons serves as President, Chief Executive Officer, Non-Independent Director of the Company. Mr. Simons has been the President and Chief Executive Officer of the Corporation and its predecessor since March 2006. Prior thereto, Mr. Simons was the co-founder and one of the principals of Impact Fluid Systems Inc. Mr. Simons has over 25 years of experience in the North American oilfield service industry. Mr. Simons graduated from the Advanced Management Program at Harvard Business School.

Anthony Aulicino

Mr. Anthony Michael Aulicino serves as Chief Financial Officer of the Company. Mr. Aulicino holds an MBA with a specialization in finance from the University of Toronto, Rotman School of Management and a Bachelor of Applied Science in Mechanical Engineering from the University of Toronto. Tony comes to CES from Scotiabank Global Banking and Markets where he most recently held the title of Managing Director, Global Investment Banking – Energy. Tony brings over 18 years of experience in finance, capital markets, mergers & acquisitions, and North American energy services industry coverage. During the last six years, Tony has come to be a trusted financial and strategic advisor to CES while acquiring extensive knowledge about the Company's industry, business model and operations.

Richard Lee Baxter

Mr. Richard Lee Baxter serves as President, US Drilling Fluids of the Company. President, US Drilling Fluids since August 9, 2018. Prior thereto, President of AES Drilling Fluids, LLC since January 1, 2014 and prior thereto Product and Technology Manager at AES Drilling Fluids, LLC.

Vernon Disney

Mr. Vernon James Disney serves as President, US Production Chemicals of the Company. President, US Production Chemicals since August 9, 2018. Prior thereto, Chief Operating Officer of Catalyst Oilfield Services 2016, LLC since August 1, 2016 and JACAM Chemical Company 2013, LLC (and its subsidiaries) since June 26, 2014. Prior thereto, Chief Executive Officer of Catalyst Oilfield Services, LLC.

Kenneth Zinger

James Pasieka

Mr. James Murray Pasieka serves as Corporate Secretary of the Company. Mr. Pasieka is a partner of McCarthy Tetrault in their Business Law Group in Calgary. His practice is focused on corporate and commercial law, in all segments of the energy sector and corporate finance, including early-stage and venture capital financing, mergers and acquisitions. Additionally, Mr. Pasieka has extensive experience with Alberta’s electricity sector. Mr. Pasieka has provided legal advice on all facets of the energy business, having negotiated and closed transactions on six continents. He was recognized as a leading practitioner in oil and gas in 2007 edition of The Canadian Legal Lexpert Dictionary, and as one of Canada’s leading natural resources lawyers in the 2012 and 2013 editions of Best Lawyers in Canada. In 2007, “The Dealmakers” edition of Alberta Venture magazine named Mr. Pasieka one of the top seven M&A lawyers in Canada’s Oil and Gas Sector. Previously, Mr. Pasieka was a business executive and general counsel with several large oil and gas companies. Mr. Pasieka also taught law in Calgary and international petroleum law in China. Mr. Pasieka received his BA and his LLB from the University of Manitoba. Mr. Pasieka is a member of the bars of Manitoba, Alberta and Saskatchewan.

Spencer Armour

Mr. Spencer Davis Armour III serves as Independent Director of the Company. Mr. Armour has over 30 years of executive and entrepreneurial experience in the energy services industry and is based in Midland, Texas. Mr. Armour is currently Chairman of the Board of Directors of ProPetro Holding Corp., where he has been a director since 2013, a board member of Viper Energy Partners, LP since 2017 and also serves as partner at Geneses Investments LLC. He served as President of PT Petroleum LLC from 2013 to 2018, and he was the Vice President of Corporate Development for Basic Energy Services, Inc. from 2007 to 2008, which acquired Sledge Drilling Corp., a company Mr. Armour cofounded and served as Chief Executive Officer for from 2005 to 2006. From 1998 through 2005, he served as Executive Vice President of Patterson-UTI Energy, Inc., which acquired Lone Star Mud, Inc., a company Mr. Armour founded and served as President for from 1986 to 1997. He also served on the Patterson-UTI Board of Directors from 1999 through 2001. Mr. Armour received a B.S. in Economics from the University of Houston in 1977 and was appointed to the University of Houston System Board of Regents for a six year term in 2011 by former Texas Governor, Rick Perry.

Stella Cosby

Ms. Stella Cosby serves as Independent Director of the Company. Ms. Cosby has been the Vice President, People of Cervus Equipment Corporation since July 1, 2014. Prior to joining Cervus, Ms. Cosby was a Senior Director with Agrium Inc. from 2002 to 2014 where she held positions responsible for all aspects of Human Resources. Prior to joining Agrium Inc., Ms. Cosby was Vice President, Human Resources for Manulife Financial and Senior Director, Business Effectiveness for Canadian Pacific Railway. Ms. Cosby has a Bachelor of Arts degree in Sociology, a M.A. in Organizational Systems Renewal and is a certified executive coach. Ms. Cosby recently served as an independent director of Savanna Energy Services Corp. where she chaired the Human Resources and Compensation Committee, and served on the Governance & Nominating, and Health, Safety and Environment Committees until 2017. Ms. Cosby holds a Bachelor of Arts in Sociology from Western University, a Master of Arts in Organization Systems Renewal from Antioch University. Ms. Cosby is a graduate of the Institute of Corporate Directors (ICD) Education Program.

John Hooks

Mr. John M. Hooks serves as Independent Director of the Company. Mr. Hooks has been the Chief Executive Officer, and formerly President, of PHX Energy Services Corp. and its predecessor, Phoenix Technology Services Inc., since 1995, and has been chairman of its board of directors since 2000. Mr. Hooks was on the board of directors of Savanna Energy Services Corp. from 2005 until 2017.

Philip Scherman

Mr. Philip J. Scherman serves as Independent Director of the Company. Mr. Scherman is a Chartered Professional Accountant and currently serves on the board of Mullen Group Ltd. and The Calgary Foundation. Mr. Scherman was an engagement partner at KPMG from 1982 to 2012 for public and private energy and energy service entities. Mr. Scherman also served on the KPMG Canada Board of Directors for six years. Mr. Scherman is a member of the Canadian and Alberta Institutes of Chartered Professional Accountants and was awarded the Fellow of the Chartered Professional Accountants designation.

Basic Compensation

Name Fiscal Year Total

Kyle Kitagawa

258,000

Thomas Simons

3,496,780

Anthony Aulicino

1,864,670

Richard Lee Baxter

2,714,260

Vernon Disney

2,744,660

Kenneth Zinger

2,722,210

James Pasieka

--

Spencer Armour

74,999

Stella Cosby

154,000

John Hooks

157,500

Philip Scherman

162,500
As Of  31 Dec 2019