BOARD OF DIRECTORS Board of directors
John Kelly
Chairman of the Board
John Kelly was appointed Chairman of the Board on September 15, 2009. Mr. Kelly is recognized as a pioneer in Canadian technology with over 35 years of entrepreneurial and executive experience in this sector. Mr. Kelly is currently Chairman and Partner of Enable Business Advisors Inc. Previously he was President and CEO of Clearford Industries Inc. from 2008 until 2009 and CEO of JetForm Corporation from 1995 until joining Reid Eddison in 1999, where he was a principal until 2008. From 2001 until 2007, Mr. Kelly was Chairman of NexInnovations Inc. Prior to that, he founded Why Interactive, was a founder of Computer Innovations Distribution Inc. and Nabu Network Corporation, and was also a founder of SHL Systemhouse Ltd. (since acquired by EDS). He is currently Co-Chair of Canadian Advanced Technology Alliance (CATA), Canada’s largest association representing the Canadian advanced technology industry to Government and the public. Mr. Kelly has received many honors and awards including Master Entrepreneur of the Year, Ontario (1997), Most Respected CEO, Ottawa (1998), Civic Entrepreneur of the Year, Ottawa (1999) and Ottawa’s Business Man of the Year (2001). In November 2004, Mr. Kelly was inducted into the Canadian Information Productivity Awards (CIPA) Hall of Fame and in May 2005, he received the United Way Volunteer of the Year Award. He holds an honors B.B.A. degree in Finance (Iona College, New Rochelle, New York), an honors Law degree (University of Ottawa, Ottawa, Canada) and an honorary Doctorate from the University of Ottawa (Ottawa, Canada).
William M. Crossland
President & CEO; Director
Mr. Crossland was appointed President and Chief Executive Officer of Thermal Energy International Inc. on August 7, 2009. He is an accomplished corporate finance and corporate development professional with over 20 years experience successfully executing a broad range of debt, equity and merger and corporate acquisition transactions. Previously as Managing Director of Corporate and Investment Banking at a major Canadian bank, and more recently as an independent consultant, his focus was assisting renewable and alternative energy and clean tech companies execute their business plans and realize their full potential. This assistance included: capital structuring, public and private debt and equity financing, project development and finance, merger and acquisition execution and advisory, strategic advisory, general management and Board of Directors and Advisory Board roles. As a result his experience in this sector encompasses more than 20 equity, debt and corporate development transactions totaling over $2 billion with a wide range of alternative energy companies, projects and technologies including hydro, wind, biomass, starch based ethanol, cellulosic ethanol, landfill gas to electricity, municipal solid waste electricity, heat recovery and biogas. Mr. Crossland obtained his MBA from McMaster University and a B.Sc. from the University of Guelph.
Michael Williams
Director & Chairman Audit Committee
Mr. Williams is currently an Associate Portfolio Manager with Independent Accountants Investment Counsel Inc. He possesses a background which will be of great benefit to Thermal Energy, having spent nine years with Honeywell Limited in the role of Sales Manager and Senior Account Executive, where he was the lead sales liaison for the Thermal Energy relationship. Additionally, Mr. Williams spent two years with Johnson Controls as the Manager of Program Development in Eastern Canada, where he was responsible for the management of an engineering team mandated with the development of technical and financial solutions and the performance of energy retrofit programs. At Johnson Controls, he was also instrumental in working with Thermal Energy to develop and execute the cooperative agreement between the two organizations. In addition to an MBA, Mr. Williams holds both P.Eng. and CFA designations.
David Spagnolo
Director
Dr. Spagnolo is the Senior Vice President, Oil & Gas of Ausenco, a global engineering, procurement, construction management, and operations service provider to the energy and resources sectors. Prior to joining Ausenco, Dr. Spagnolo was the Founder, President and Principal Engineer of Reaction Consulting Inc., and the President of Triumph-Effisyn Ltd. His strong technical capabilities are a result of over 15 years’ experience in bitumen production, upgrading and midstream operations. His experience covers a wide range of activities including; plant operations engineering, plant troubleshooting, turn-around activities, owners’ process engineering representative, front-end engineering, and owners’ business development technical specialist. The combination of operations experience, engineering design and business development engineering provide the basis for his approach to problem solving. Dr. Spagnolo holds a Ph.D. in Chemical Engineering from the University of Alberta, a B.Sc. in Chemical Engineering from the University of Waterloo and has completed the ICD, Directors Education Program.
William Ollerhead
Director
Mr. Ollerhead is the principal of Ollerhead Capital, a division of a private investment and management services company which he founded, and of which he serves as Managing Director actively managing its investment portfolio and administering its other management operations. He has over 20 years of experience in the capital markets and corporate finance field, with the majority devoted principally to fixed income private placements. He was the founder of Ollerhead Capital Corporation, in 1997, which, until its sale in December of 2009, provided advisory services in respect of the structuring and arranging of private debt financing, for transactions totaling approximately $800 million. Previously, Mr. Ollerhead worked for an independent full service investment dealer as a member of both its Corporate Finance and Fixed Income Sales and Trading departments. Prior to that, he worked with two Canadian institutional investors, latterly co-administering approximately $2 billion in private placement investments. Mr. Ollerhead began his career in the capital markets as an equity analyst for the Canadian equity portfolio of the Canadian subsidiary of one of North America’s largest insurance companies. His investment and capital markets experience has provided him with exposure to, and knowledge of, a broad range of industries. Mr. Ollerhead holds a B.A. with a concentration in Statistics from the University of Western Ontario, and an M.B.A. with a concentration in Finance from McGill University. In 2010, Mr. Ollerhead completed the Directors Education Program at the Institute of Corporate Directors at the Rotman School of Management, University of Toronto.
Jack Schoenmakers
Director
Mr. Schoenmakers has spent the majority of his working career in the energy industry. Mr. Schoenmakers is currently President of Schoevest Investment Inc., and has sat on the Board of Tribute Resources Inc. (TRB-V) since 2005. Mr. Schoenmakers co-founded and acted as President for Ontario Energy Savings Corp., (currently trading as Just Energy on the TSX) which during his tenure acquired over 200,000 residential customer equivalents purchasing in excess of 90,000 Mcf per day, with annual sales of $160 million. Mr. Schoenmakers was previously the President of Avenue Energy, where he managed oil and gas assets in Ontario and Alberta, traded physical gas at various points in Canada and marketed natural gas to large volume industrial customers. In prior roles for several energy companies including Stampeder Energy (Vice President), Enron Gas Services (Director Eastern Region), Unigas Corporation (Director Eastern Region), TransCanada PipeLines Limited and Union Gas Limited, Mr. Schoenmakers interacted and sold natural gas and related services to many of the largest industrial gas consumers in Ontario and Quebec. In addition he was responsible for export volumes into the Northeastern US. Mr. Schoenmakers is a past Board Member of the Ontario Energy Association and was a past Chair of the Ontario Energy Marketers Association. Mr. Schoenmakers obtained his B.A. in Economics from the University of Waterloo.
William B. White
Director
William White has extensive global leadership and public company director experience. He is currently the Chief Operating Officer for Woodland Biofuels, which is commercializing technology for low cost bio-ethanol production, and Director and Chairman of CHAR Technologies, a catalytic desulfurization company. He served as Director and Chairman of Afexa Life Sciences from 2009-2011 and is also a past Director of Helix BioPharma Corp., Progressive Waste Management Solutions, and MaRS Discovery District. William had a 34-year career with E.I. du Pont de Nemours and Company, where he retired as the President of DuPont Canada in 2008 following progressive and international roles spanning senior management, sales, technical and operations. William chairs the advisory board for the Schulich Center of Excellence for Responsible Business, and received his Institute of Corporate Directors (ICD.D) certification in 2012.