People: MagneGas Corp (MNGA.OQ)

MNGA.OQ on NASDAQ Stock Exchange Capital Market

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Santilli, Ermanno 

Mr. Ermanno P. Santilli is a Chief Executive Officer, Director of the Company. Mr. Santilli has served as a Director since June 21, 2012 and has been our Chief Executive Officer since June of 2012 and is the son of Dr. Santilli, our former CEO and Chairman. Prior to his role as CEO, Mr. Santilli was Executive Vice President of International Relations since 2009. Mr. Santilli was employed by Ingersoll Rand Company from March 2008 to April 2009 where he served as Vice President of Climate Control Business, Global Rail and Aftermarket. In this capacity he oversaw a department that generated over $270 million in sales and $80 million in operating income. He managed sales, business development, product management, and warehousing and dealer development with indirect procurement, manufacturing and engineering. Mr. Santilli also drove development of new business and rail markets in Australia and India. From March 2006 to February 2008 Mr. Santilli served as Vice-President of Climate Control Aftermarket EMEA, he led a department that generated total sale of $150 million and operating income of $50 million. He was responsible for business development, product management, warehousing, procurement, engineering and dealer development with indirect sales. From December 2003 to February 2006 Mr. Santilli served as Vice-President of Customer Relations for Climate Control EMEA. He had operational responsibility for customer satisfaction for customers with total sales aggregating over 1 billion dollars. Mr. Santilli had direct responsibility for order management, credit and collections, warranty, business intelligence and dealer development.

Basic Compensation

Total Annual Compensation, USD 195,520
Restricted Stock Award, USD --
Long-Term Incentive Plans, USD --
All Other, USD 77,357
Fiscal Year Total, USD 272,877

Options Compensation

  Quantity Market Value
Exercisable -- --
Unexercisable -- --
Exercised -- --