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Rand Logistics Inc (RLOG.OQ)

RLOG.OQ on NASDAQ Stock Exchange Capital Market

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Summary

Name Age Since Current Position

Michael Lundin

57 2014 Non-Executive Chairman of the Board, Lead Independent Director

Edward Levy

51 2015 President, Chief Executive Officer, Director

Mark Hiltwein

51 2015 Chief Financial Officer

Nassry Zamora

61 2015 Chief Human Resource Officer, Vice President

Robert Kurz

59 2015 Director

Laurence Levy

59 2015 Director

James Thompson

63 2014 Director

John Binion

45 2013 Independent Director

H. Cabot Lodge

59 2006 Independent Director

Alison Ziegler

IR Contact Officer

Biographies

Name Description

Michael Lundin

Mr. Michael D. Lundin is Non-Executive Chairman of the Board, Lead Independent Director of Rand Logistics, Inc., effective November 20, 2014. He is currently a director of Avtron, Inc., Euramax International Inc., Broder Bros., Co. and U.S. Concrete, Inc. From December 2002 until February 2008, Mr. Lundin was President, Chief Executive Officer and a director of the Oglebay Norton Company (“Oglebay”), a mining operator, processor, transporter and marketer of industrial minerals and aggregates. Mr. Lundin was employed by Oglebay since 2000. Oglebay’s common stock and preferred stock were registered until 2006 under Section 12 of the Securities Exchange Act of 1934, as amended. Oglebay filed a voluntary petition for relief under Chapter 11 of the U.S. Bankruptcy Code on February 23, 2004. Prior to joining Oglebay, Mr. Lundin served as Vice President and then President/Partner of Michigan Limestone Operations, LP, where he negotiated the partnership's sale to Oglebay for $100 million. Mr. Lundin is also a Partner and Chairman of North Coast Minerals of Resilience Capital, a private equity firm focused on small-cap private companies. Mr. Lundin earned a B.S. in Manufacturing Engineering and Product Development from the University of Wisconsin and an M.B.A. from Loyola Marymount University.

Edward Levy

Mr. Edward Levy is President, Chief Executive Officer, Director of Rand Logistics, Inc. He has served as our President since 2006. Mr. Levy has served as President of Hyde Park Acquisition Corp. II since its inception and as Executive Vice Chairman of the Board since October 2011. From its inception in August 2006 until its acquisition of Essex in October 2008, Mr. Levy served as President and a member of the Board of Hyde Park Acquisition Corp. Since October 2008, Mr. Levy has served as Vice-Chairman of the Board of Directors of Essex. Since March 2006, Mr. Levy has also served as Vice Chairman and Managing Director of Hyde Park Holdings, LLC. Mr. Levy was a managing director of CIBC World Markets Corp. from August 1995 through December 2004, and was co-head of CIBC World Markets Corp.’s Leveraged Finance Group from June 2001 until December 2004. From February 1990 to August 1995, Mr. Levy was a managing director of Argosy Group L.P., a private investment banking firm. Mr. Levy is currently a director of Derby Industries. From July 1999 until March 2005, he was also a director of Booth Creek Ski Holdings, Inc., a reporting company under the Exchange Act that owns and operates six ski resort complexes encompassing nine separate resorts. Mr. Levy is also a member of the board of directors of a number of privately-held companies. Mr. Levy received a B.A. from Connecticut College.

Mark Hiltwein

Mr. Mark S. Hiltwein, CPA., is Chief Financial Officer, Vice President of Rand Logistics, Inc since May 2015. Prior to joining Rand Logistics he served as President, Envelope Group of Cenveo, a world leader in the management and distribution of custom print, packaging, labels and envelopes. He was Chief Financial Officer of Cenveo from July 2007 to August 2012. From July 2005 to July 2007, he was President of Smartshipper.com, an online third party logistics company. Among his earlier positions, Mr. Hiltwein spent five years at Moore Wallace Incorporated, a $3.5 billion printing company, including four years as Executive Vice President and Chief Financial Officer. Mr. Hiltwein served in a number of financial positions from 1992 through 2000 with L.P. Thebault Company, a commercial printing company, including three years as Chief Financial Officer. Mr. Hiltwein began his career in the audit department at Mortenson and Associates, a regional public accounting firm. Mr. Hiltwein received a Bachelor’s degree in Accounting from Kean University, and is a CPA.

Nassry Zamora

Mr. Nassry G. Zamora has served as Vice President, Chief Human Resources Officer since May 1, 2015. Prior to that he has served as HR Director, North and South America and Global Director of Organizational Development and Training at Allnex Chemicals since 2013. He was Global HR Director, Operations and Logistics at Cytec Chemicals from 2010 to 2013. From 2006 to 2009, he was VP, Human Resources-America for Wallenius Wilhelmsen Logistics. Mr. Zamora’s corporate assignments with Fortune 500 companies have been broad in scope and steeped in international operations. Earlier appointments included positions as SVP HR with Phelps Dodge International, Exxon Corporation as Global HR Strategic Planning and Unisys Corporation as Global HR Director. Mr. Zamora is unique in the field of HR, possessing an extensive international and domestic HR background accompanied by solid operations leadership. His global experience lends the cultural understanding necessary to execute business strategies while his HR experience focuses on the human engine needed to accomplish bottom line success. Mr. Zamora received his BA from the University of Detroit with additional studies in Spain, and an MA from the University of Michigan. He has been a guest lecturer at the University of Michigan, University of Miami and the Center for Creative Leadership. Mr. Zamora was the recipient of the National Society of Hispanic MBA’s “Brillante Award” for exceptional contributions made to the Hispanic community.

Robert Kurz

Mr. Robert Kenneth Kurz is Director of Company since February 2015 and is currently Vice President of Kinder Morgan Terminals and the President of their tanker division, American Petroleum Tankers. Mr. Kurz has held a variety of senior roles in the maritime industry including Chief Executive Officer of American Petroleum Tankers Parent LLC from 2010 to 2014. Mr. Kurz was President and Chief Executive Officer of American Shipping Company from November 2007 through December 2009 and spent twenty-five (25) years with Keystone Shipping Co., including six (6) years as President. Mr. Kurz has a Bachelor of Arts degree from Lafayette College and a Masters of Science degree and United States Coast Guard Third Mate License from S.U.N.Y. Maritime College. Mr. Kurz is currently a member of the American Maritime Partnership and a past member of the American Maritime Congress, Labor Management Maritime Committee, OceanConnect.com, United Seamen’s Service and William Penn Charter School.

Laurence Levy

Mr. Laurence S. Levy is Director of Rand Logistics, Inc. He is no longer Executive Vice Chairman of the Board of the Company effective August 21, 2015. He was Executive Chairman of the Board of Rand Logistics, Inc. Mr. Levy founded the predecessor to Hyde Park Holdings, LLC in July 1986 and has since served as its chairman. Hyde Park Holdings, LLC is an investor in middle market businesses. Mr. Levy serves as an officer or director of several companies in which Hyde Park Holdings, LLC or its affiliates have made investments. Presently, these companies include: Ozburn-Hessey Logistics LLC, a national logistics services company, of which Mr. Levy is a director; Derby Industries LLC, a sub-assembly business to the appliance, food and transportation industries, of which Mr. Levy is chairman; PFI Resource Management LP, an investor in the Private Funding Initiative program in the United Kingdom, of which Mr. Levy is general partner; Regency Affiliates, Inc., a diversified company, of which Mr. Levy is chairman, chief executive officer and president; and Warehouse Associates L.P., a provider of warehouse and logistics services, of which Mr. Levy is chairman. Mr. Levy is a director of Sunbelt Holdings, Inc., a distributor of wine and spirits. During the past five years, Mr. Levy served on the board of directors of Regency Affiliates, Inc., which was a public company until it terminated its registration with the Securities and Exchange Commission in October 2010, Essex Rental Corp., a publicly traded company, of which Mr. Levy is Chairman of the Board and also served as chief executive officer from its inception through October 31, 2008, and Hyde Park Acquisition Corp. II. Mr. Levy received a Bachelor of Commerce degree and a Bachelor of Accountancy degree from the University of Witwatersrand in Johannesburg, South Africa and an M.B.A. from Harvard University, where he graduated as a Baker Scholar. He is a Chartered Accountant (South Africa).

James Thompson

Mr. Kirk Thompson is Director of the Company., effective November 24, 2014. Mr. Thompson has spent his entire 40 year career at JB Hunt guiding and growing its transportation business from the ground up. He was named Chief Financial Officer in 1979, President and Chief Operating Officer in 1986, and the following year was elected Chief Executive Officer of the Company. He has served on the Board of Directors since 1985 and assumed the position of Chairman in 2011. Under Mr. Thompson’s leadership, J.B. Hunt grew from a $20 million trucking company to one of Forbes Magazine’s Best Managed Companies in America and Fortune’s America’s Most Admired Companies with current annual revenues of approximately $6 billion and a market equity capitalization approaching approximately $10 billion. Mr. Thompson has a Bachelor of Science degree in Business Administration from the University of Arkansas and is a Certified Public Accountant. He has served as a member of both the University of Arkansas Board of Advisors and the Board of Directors for the Arkansas Research Alliance. He also served as a member of the Federal Reserve Bank of St. Louis Transportation Industry Council and as Trustee of GuideStone Financial Services which manages approximately $10 billion in assets.

John Binion

Mr. John Binion has been appointed as Independent Director of Rand Logistics, Inc., effective April 18, 2013. From March 2010 to July 2012, Mr. Binion was Chief Operating Officer and Executive Vice President of United Maritime Group, Mr. Binion was co-founder and head of operations of Horizon Maritime LLC, an inland tank barge company. From 2000 to 2004, Mr. Binion was General Manager of Sales for Blessey Marine Services. From 1994 to 2000, Mr. Binion was a shipbroker for L&R Midland. Mr. Binion graduated with a B. S. in Business Administration from Texas A&M University.

H. Cabot Lodge

Mr. H. Cabot Lodge, III, is an Independent Director of Rand Logistics, Inc. Mr. Lodge is the Co-Founder and senior Managing Director of Crescendo Real Estate Partners Ltd., a principal investing and advisory firm operating primarily in the United States and Western Europe. From 2012 until 2013, Mr. Lodge was a Principal of H.C. Lodge Capital, an international merchant bank and advisory company based in New York, London and Nassau, From 2010 through 2012, was President of W.P. Carey & Company Limited, an international real estate investment firm specializing in long-term corporate lease finance. In July 2009, Mr. Lodge founded CL Properties LLC, a real estate advisory and corporate net lease management company. Mr. Lodge founded ARC Global Partners LLC in 2006, an international real estate merchant bank. From 2000 to 2006, Mr. Lodge served as an Executive Vice President and a Director of iStar Financial Inc., a provider of financing to private and corporate owners of real estate and corporate net lease financing that is listed on the NYSE. Mr. Lodge was a founder of American Corporate Real Estate, a corporate net lease fund which was acquired by iStar Financial Inc. in 2000. Prior to that, Mr. Lodge was a managing director and member of the board of directors of W.P. Carey & Co., Inc., a real estate investment bank. Mr. Lodge graduated from Harvard College in 1978 and earned an M.B.A. from Harvard Business School in 1983. Having worked for many years as an investment executive, Mr. Lodge brings a broad financial and management background and experience with public-company corporate governance issues to our Board of Directors.

Alison Ziegler

Basic Compensation