CFA
Summary Highly capable capital and energy markets professional with strong quantitative, managerial, communication and leadership skills. Extensive background in risk management, trading, marketing, business and product development, process design and information systems. Member of the CFA Institute. Contributing author to the first editions of Managing Energy Price Risk and Power Risk, published by Risk Publications.
Professional Experience Energy Vertical Analysis, LLC, Atlanta Georgia 2000 – Present Managing Member · Consults to senior management of companies in the energy sector. Services include competitive analysis, strategy development, financial benchmarking, business process design, resource management and optimization, supply procurement and energy marketing as well as systems requirements definition. Advise on Enterprise Risk and Credit Management policies, governance, and reporting requirements for internal oversight as well as Sarbanes-Oxley and FAS 133 compliance. Guide outsourcing activities including RFP creation, vendor selection, implementation and change management processes. · Selected clients include; . Top Ten North American Electric Utility . Top Five Global Financial Institution . Top Three Alternative Investment Firm . Large Multinational Industrial and Trading Company . Top Ten Multinational Power Generation and Trading Company
Altra Energy Technologies, Inc., Atlanta, Georgia 1999 – 2000 Executive Vice President, Risk Management Services · Led senior level marketing efforts and product direction for Altra’s Energy Risk Management products. · Directed functional integration of Energy Imperium’s information systems into Altra’s product suite. · Coordinated product enhancement activities between client’s business and Altra’s engineering groups.
Energy Imperium, Inc., Atlanta, Georgia 1998 – 1999 Chief Operating Officer · Directed product marketing and acquired critical, initial customer base for start up technology firm’s commodity trading, risk management and asset optimization systems for the merchant energy sector. · Developed co-marketing relationships with strategic business partners with the intent of a company merger or acquisition. · Initiated discussions that led to Altra Energy’s purchase of Energy Imperium.
Southern Company Energy Trading and Marketing, Atlanta, Georgia 1996 – 1998 Executive Vice President, Energy Trading and Marketing · Assumed leadership of a fledgling, three person power trading group and transformed them into the number two-ranked Power Marketer and number ten-ranked Natural Gas Marketer within eighteen months while exceeding profit expectations. Successfully entered crude oil, pulp and paper, and weather commodity and derivatives trading markets. · Built and managed trading, marketing, scheduling, asset management, research, structuring and information technology groups totaling over one hundred and fifty professionals. Led and actively participated in all aspects of employee recruiting, interviewing and hiring. · Directed commercial analysis of TPC Storage and Vastar Gas Marketing for potential merger or acquisition. Upon merger with Vastar Gas Marketing, integrated business units in Houston and Atlanta. · Interacted daily with senior management and regularly with clients. Presented analysis of commercial activities, business investment opportunities and financial results at monthly company board meetings.
Enron Corp., Houston, Texas 1991 – 1996 Vice President, Global Risk Management (1994 – 1996) · Created and managed twenty five person energy commodity and derivative trading group to facilitate growth of international asset development and energy marketing businesses. Exceeded expectations for mitigating risk in development projects, capturing market share for client business as well as profitability. · Developed a portfolio of twenty seven commodity and financial derivatives trading books including natural gas, oil and oil products, propane, MTBE, aluminum, interest rates and currencies. · Championed creation of forest products trading business as well as conducted the initial analysis for creating an electronic trading exchange. · Directed the activities of sixteen information technology professionals and eight research analysts. · Interacted daily with senior management and regularly with heads of international business groups. Vice President, Energy Trading (1991 – 1994) · Built and managed energy derivative trading business unit to structure and risk manage transactions for the Producer Finance and Energy Marketing groups. Exceeded profit expectations for all fiscal periods. · Integrated derivative and commodity trading business units. Managed twenty five traders and twenty seven book portfolio of financially and physically settled contracts on natural gas. Exceeded profit expectations. · Directed activities of eight information technology professionals and five research analysts. · Interacted daily with senior management and regularly with producers, industrial buyers and independent power generators.
Chemical Bank, New York, NY 1990 – 1991 Vice President, Interest Rate Derivative Trading · Managed six person group trading various options on interest rate derivatives and securities. · Designed and guided development of risk management reporting system for options books. · Assessed portfolio exposures and market risk factors and reported to senior management.
Manufacturers Hanover Trust, New York, NY 1987 – 1990 Director, Interest Rate and Currency Options (1988 – 1990) · Traded options on interest rate derivatives and securities. Managed resultant market exposures. · Designed risk management reports and hedging strategies for interest rate option book. · Structured and priced complex interest rate derivative transactions for the bank’s clients. · Participated in establishing and managing tactical positions in foreign exchange options. Associate, Swaps and Options Research Group (1987-1988) · Developed and implemented business plan for entry into sterling interest rate options market. · Developed mark-to-market methodology for collateralized swaps and marketed to bank counterparties. · Performed various financial and statistical analysis to support interest rate and currency derivative trading and marketing groups.
Chemical Bank, New York, NY 1986 – 1987 Associate, Capital Markets Group · Completed Capital Markets Training Course. · Developed and automated methodology for creating synthetic zero note curve for Treasury trading desk to identify trading opportunities in off-the-run securities. · Automated identification of arbitrage opportunities in stripping Treasury notes.
Barton-Aschman Associates, Inc., Washington, DC 1981 – 1984 Associate Consultant, Transportation Engineering Group · Managed client site activities for performing operational and economic studies for capital investment in regional transportation systems in North, Central and South America. · Consulted with client on needs assessment and study design. · Prepared study recommendations and presented to clients.
Education MBA in Finance and Decision Sciences, the Wharton School of the University of Pennsylvania · Research Fellow, Department of Management Master of City Planning, University of Pennsylvania · Research Fellow, Fels Institute for Public Policy and recipient of University Scholarship BA in Design, State University of New York at Buffalo · Recipient of New York State Board of Regents Scholarship |