Mohsin Y. Meghji
Mohsin Y. Meghji, our Chairman since inception, has also been the Managing Partner of M-III Partners since February 2014. His career of more than 25 years has focused primarily identifying the financial, operational and strategic changes needed to revive troubled companies and working with the relevant constituencies to implement those changes. He has accomplished this through management and advisory roles in partnership with some of the world’s leading financial institutions, private equity and distressed hedge fund investors. Mr. Meghji’s most recent corporate role was as Executive Vice President and Head of Strategy at Springleaf, as well as Chief Executive Officer of its captive insurance companies, from January 2012 to February 2014. Springleaf was listed on the NYSE in late 2013. Prior to Springleaf, Mr. Meghji served as a Senior Managing Director at C-III Capital Partners, LLC, a real-estate focused merchant banking firm from October to December 2011. Mr. Meghji co-founded Loughlin Meghji + Company, a privately-held financial advisory firm which became one of the leading restructuring boutiques in the U.S. Mr. Meghji was a Principal and Managing Director of Loughlin Meghji + Company from February 2002 to October 2011. During his tenure with Loughlin Meghji + Company, Mr. Meghji periodically served as Chief Restructuring Officer (or in an analogous position) of companies which elected to utilize bankruptcy proceedings as a part of their financial restructuring process and, as such, he served as an executive officer of various companies which filed bankruptcy petitions under federal law, including, without limitation, Pappas Telecasting in 2008, Capmark Finance, Inc. in 2009, Medical Staffing Network in 2010. Mr. Meghji was appointed as an independent director of MS Resorts in connection with the filing of its bankruptcy petition and served in such capacity from January 2011 through February 2013. Earlier in his career, Mr. Meghji was with Arthur Andersen & Co. from 1987 to 2002 in the firm’s London, Toronto and New York offices, including as a Partner in the Global Corporate Finance group from 2001 to 2002. He has served as a director on a number of corporate boards including Mariner Health Care Inc. from 2002 to 2004, Cascade Timberlands, LLC from 2004 to 2005 and MS Resorts from January 2011 to February 2013. He is a director of The Children’s Museum of Manhattan as well as the Equity Group International Foundation, which provides funding for underprivileged high-potential students in Kenya. Previously, he served on the Board of HealthRight International from 2004 to 2012. Mr. Meghji is a graduate of the Schulich School of Business, York University, Canada and has taken executive courses at the INSEAD School of Business in France. He has previously qualified as a U.K. and Canadian Chartered Accountant as well as a U.S. Certified Turnaround Professional. Mr. Meghji is well-qualified to serve as a member of the board of directors and as a member of the investment committee, audit committee, compensation committee and nomination and governance committee due to his extensive experience in turnaround situations, business, finance and operations.
John Paul Roehm
John Paul Roehm, our director, chief executive officer and president has over 20 years of heavy civil and energy engineering and construction experience in IEA’s industry ranging from Project Superintendent, Project Engineer, Estimator, Project Manager, and VP of Business Development prior to becoming IEA’s President and CEO in February of 2015. He was employed for over twenty years at IEA’s present Op-co White Construction, Inc which IEA acquired in 2011. During the period 2011 through early 2015, he guided IEA’s Business Development and corporate growth strategy and also served on IEA’s previous M&A team developing targets, performing due diligence and participating in SPA negotiations. He served a leading role on the RMT-IEA integration team during the 2013 acquisition of RMT Inc. He pioneered IEA’s expansion into renewables, which has resulted in a ten-times growth of the company over nearly as many years. In his tenure as President and CEO, the business has performed at record levels of revenue and EBITDA as well as the business attaining an industry leading market share of the wind EPC market while producing safety performance superior to IEA’s industry peers and competitors. Mr. Roehm’s holds a B.S. in Civil Engineering from the Rose-Hulman Institute of Technology. Mr. Roehm’s prior long term, senior level experience with renewable energy and his experience in developing and implementing successful corporate growth strategies in the renewable sector will make him a valuable member of the board of directors.
Charles Garner has served as the Managing Director and General Counsel of M-III Partners, L.P. since April 2015. Previously, Mr. Garner was the founder and Managing Director of Long Mountain Advisers, LLC, a financial advisory firm, from April 2014 to April 2015. Prior to that, Mr. Garner served in an of counsel capacity with Duval & Stachenfeld LLP from May 2011 to May 2014.
Mr. Garner began his career at Simpson Thacher & Bartlett LLP, where he remained through partnership in the Corporate/Banking group. Mr. Garner also has served as Executive Vice President or IDT Corp. (NYSE: IDT) and as Chief Executive Officer of its IDT Ventures division, as well as Executive Managing Director of Island Capital Group, LLC. Mr. Garner holds a B.A. in Urban Studies and Political Science from the University of Pennsylvania and a J.D. from the New York University School of Law. Mr. Garner’s extensive expertise in corporate strategy, investment and the legal sector will make him a valuable member of the board of directors and of the audit committee.
Derek Glanvill has been a Senior Advisor to Oaktree’s GFI Energy Group since April 2015 and he currently serves as the Executive Chairman of certain of its Engineering & Construction portfolio companies, including Remedial Construction Services, L.P. (RECON), Kirlin Group and Sachs Electric, as well as consultant to IEA. Prior to joining Oaktree, Mr. Glanvill served as President and Chief Operating Officer of McCarthy Holdings, where he spent more than 20 years creating and expanding high-margin businesses. Mr. Glanvill currently serves on the boards of Black & Veatch, DPR Construction, Mestek Inc. and OmegaFlex. Previously, Mr. Glanvill was senior executive at Sverdrup (now Jacobs Engineering) as well as President of a subsidiary of an international construction conglomerate based in South Africa. Mr. Glanvill received a B.S. in civil and structural engineering from the University of Natal in South Africa. Mr. Glanvill is qualified to serve as a member of the board of directors and as a member of the investment committee and bid review committee because of his business strategy experience as a senior level executive and his service as a board member for other companies in the energy and construction sector.
Peter Jonna serves as a Senior Vice President of Oaktree Capital’s GFI Energy Group, which he joined in April 2013, and is responsible for sourcing, executing and overseeing control investments in leading companies in the energy and utility sectors. Mr. Jonna currently serves on the boards of Shoals Technologies, MaxGen Energy Services, Sterling Lumber Company, Array Technologies, and IEA. Prior to joining Oaktree, he was an investment analyst in the Americas investment team of the UBS Infrastructure Asset Management strategy, investing directly in energy, power and transportation infrastructure assets. Mr. Jonna earned an M.S. in civil engineering from Stanford University and a B.S. in civil engineering from the University of California, Los Angeles. Mr. Jonna is qualified to serve as a member of the board of directors and as a member of the investment committee because of his broad business and financial background in sourcing and investing in the energy and utility sectors and his position as a board member on multiple other companies active in the energy and utility sectors.
Philip Kassin is currently Managing Director, Head of M&A and Financing for M-III Partners. Mr. Kassin joined M-III Partners in August 2016. His career of over 35 years has focused on being both a principal investor and advisor in the energy, chemicals and utility sectors. Prior to joining M-III, Mr. Kassin was a Senior Managing Director at Evercore from June 2010 to April 2016, where he advised clients in the chemical, energy and commodity sectors. Prior to Evercore, Mr. Kassin was Executive Vice President, Head of M&A and Financing for Access Industries from 2005 to 2010.
Access Industries is a privately held industrial group with long-term holdings worldwide in natural resources and chemicals, media and telecommunications, venture capital and real estate. While at Access, Mr. Kassin originated, directed and managed over $30 billion in chemical and natural resource acquisitions. From 2005 through 2007 Mr. Kassin served on the Supervisory Board of Basell, a privately-held company, and from 2007 through 2010, he served on the Supervisory Board of LyondellBasell Industries AF S.C.A., then a publicly-traded company. While on the Supervisory Board, Mr. Kassin served as Chairman of both the Finance and Investment Committee as well as the Audit Committee. Mr. Kassin also served on the Boards of Tonbridge Power Inc. (TSXV:TBC), Boomerang Tube and ProChemie GmbH. Earlier in his career, Mr. Kassin also held senior investment banking roles at Morgan Stanley, Goldman Sachs and Merrill Lynch specializing in energy, utilities and project finance. He was also a Partner at PricewaterhouseCoopers with responsibility for its Energy M&A consulting practice. Mr. Kassin started his career as a utilities analyst at Standard & Poor’s. Mr. Kassin holds a B.A. in Policy Studies from Syracuse University and an MPA from The Maxwell School of Syracuse University. Mr. Kassin’s extensive senior level experience across companies in the chemical, energy and commodity sectors and his expertise in financial accounting, business transactions and strategy will make him a valuable member of the board of directors and of the investment committee, the bid review committee and the audit committee.
Terence Montgomery has served as Director and Audit Committee Chairman of IEA since August 2011 and also served as the interim CFO of IEA from September 2014 to April 2015. In addition to IEA, Mr. Montgomery currently serves as a Director and Audit Committee Chairman of Remedial Construction Services, L.P. (RECON) and Shermco Industries, Inc. His career of over 30 years has focused on leadership roles in energy, construction and manufacturing, primarily in a corporate finance capacity. Prior to joining IEA, Mr. Montgomery served as Chief Financial Officer at InfraSource Services, Inc., where he coordinated a private equity sponsored management buy-out in 2003, an initial public offering in 2004, and subsequent follow-on stock offerings and ultimately the sale of the company to Quanta Services. Previously, Mr. Montgomery served as Director and Audit Committee Chairman of RSH Energy Holdings, LLC and Integrated Pipeline Services, Inc. and Director of Goodcents Holdings, Inc. Earlier in his career, Mr. Montgomery served as the Director of Corporate Development at Exelon and as the Senior Vice President and Chief Financial Officer for Reading Energy. Mr. Montgomery began his career as an auditor at Ernst & Young. Mr. Montgomery holds a B.S. in Accounting from The Pennsylvania State University and is a certified public accountant and a certified information systems auditor. Mr. Montgomery is qualified to serve as a member of the board of directors and the bid review committee because of his extensive financial expertise and experience in energy, construction and manufacturing.
Ian Schapiro is a managing director and the portfolio manager for Oaktree’s GFI Energy Group, which executes the Power Opportunities investment strategy. Additionally, he leads and is a co-portfolio manager of the firm’s Infrastructure Investing strategy following Oaktree’s acquisition of the Highstar Capital team. Mr. Schapiro co-founded GFI Energy Ventures, the predecessor to the GFI Energy Group, which became part of Oaktree in 2009. He presently serves on the boards of Sachs Electric Company, Remedial Construction Services (RECON) and Infrastructure & Energy Alternatives LLC. Mr. Schapiro previously served on the boards of directors of Contract Land Staff; Solomon Holdings Corp.; Osmose Holdings, Inc.; Integrated Pipeline Services; Elgin National Industries, Inc.; NORESCO; Trans-Elect, Inc.; Smart Systems International, Inc.; LPPI Holdings LLC; UtiliQuest, LLC; Trace Technology; Xantrex Technology Inc.; InfraSource Inc.; Elgar Holdings, Inc. and Cherokee International Corporation. Prior to founding GFI Energy Ventures in 1995, Mr. Schapiro was a Partner of utility consulting firm Venture Associates and of Arthur Andersen & Co. following that firm’s acquisition of Venture Associates. Previously, Mr. Schapiro was the Chief Financial Officer of a technology company and a commercial banker focused on the energy sector. Mr. Schapiro received a Bachelor of Commerce degree from the University of Witwatersrand in South Africa and an M.B.A. from the University of Southern California. Mr. Schapiro is qualified to serve as a member of the board of directors and as a member of the compensation committee and bid review committee because of his extensive financial expertise and long-term experience investing in and serving on the boards of companies active in the energy sector.