People: Acorn Energy Inc (ACFN.O)

ACFN.O on Consolidated Issue listed on NASDAQ Global Market

0.49USD
27 Mar 2015
Change (% chg)

$-0.03 (-5.77%)
Prev Close
$0.52
Open
$0.55
Day's High
$0.55
Day's Low
$0.47
Volume
67,456
Avg. Vol
159,354
52-wk High
$3.49
52-wk Low
$0.25

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Summary

Name Age Since Current Position

Christopher Clouser

62 2012 Chairman of the Board

John Moore

48 2012 President, Chief Executive Officer, Director

Michael Barth

53 2005 Chief Financial Officer of the Company and DSIT Solutions Ltd.

Jim Andersen

58 2007 President, Chief Executive Officer of USSI

Benny Sela

66 2007 President and Chief Executive Officer of DSIT Solutions Ltd

Joseph Musanti

56 2014 Chief Operating Officer; President, Chief Executive Officer of GridSense and OmniMetrix

Heather Mallard

50 2012 Vice President, General Counsel, Secretary

Edgar Woolard

77 2014 Director

Mannie Jackson

74 2013 Independent Director

Robert McKee

67 2013 Independent Director

Samuel Zentman

68 2004 Independent Director

Jane Voisin

IR Contact Officer

Biographies

Name Description

Christopher Clouser

Mr. Christopher E. Clouser is Independent Chairman of the Board of Acorn Energy, Inc. Mr. Clouser was appointed to the Board in November 2011 and became Chairman in November 2013. He also chairs Compensation Committee, is a member of Audit and Nominating Committees and serves on each of subsidiary boards of directors or managers. Mr. Clouser has held senior level positions including: President of Burger King Brands; President and CEO of Preview Travel/Travelocity; CEO of the Minnesota Twins Major League Baseball Club; Senior Vice President & Chief Communications Officer of Northwest Airlines; Corporate Vice President of Public Affairs and Communications of Hallmark Cards; and Senior Vice President and Chief Administrative Officer of Sprint. In addition, he has served on the corporate Boards of Directors of Piper Jaffray Inc., Gibson Guitar/Baldwin Corp., Mall of America, Pepsi Americas, Marquette Bancshares, Delta Beverage and Mesaba Aviation. He presently serves as Chairman of the International Tennis Hall of Fame and Museum in Newport, Rhode Island and as a member of the Advisory Board of privately held Northstar. Prior to his current positions, he was President of the Association of Tennis Professions (ATP), where he also served as Chairman of ATP Properties and Chair of the ATP Foundation.

John Moore

Mr. John A. Moore is President, Chief Executive Officer, Director of Acorn Energy, Inc. Mr. Moore has been a director and President and Chief Executive Officer of our Company since March 2006. Mr. Moore was elected Chairman of the Board on March 25, 2009 and served in that role until November 13, 2012. Mr. Moore also served as a director of Comverge from March 2006 through January 2008. Mr. Moore was the President and founder of Edson Moore Healthcare Ventures, which he founded to acquire $150 million of drug delivery assets from Elan Pharmaceuticals in 2002. Mr. Moore was Chairman and EVP of ImaRx Therapeutics, a drug and medical therapy development company, from February 2004 to February 2006 and Chairman of Elite Pharmaceuticals from February 2003 to October 2004. He was CEO of Optimer, Inc. (a research based polymer development company) from inception in 1994 until 2002 and Chairman from inception until its sale in February 2008 of Sterling Capital. He previously served as a member of the Board of Directors of Voltaix, Inc. prior to its sale to Air Liquid. Mr. Moore is currently a Director on the Board of Caesar Rodney Institute, a nonprofit public policy organization in Delaware, and USEED LLC, an organization providing fundraising solutions for entrepreneurial projects originating at colleges and universities. He also serves as a director on the Board of Directors or Managers for each of our subsidiaries.

Michael Barth

Mr. Michael Barth is Chief Financial Officer of Acorn Energy Inc., and Chief Financial Officer of the DSIT Solutions Ltd., a subsidiary of the company since December 2005. For the six years prior, he served as Deputy Chief Financial Officer and Controller of DSIT. Mr. Barth is a Certified Public Accountant in both the U.S. and Israel and has over twenty years of experience in public and private accounting.

Jim Andersen

Mr. Jim Andersen is President, Chief Executive Officer of USSI, a subsidiary of Acorn Energy Inc. Mr. Andersen began his career as an Engineering Officer on US Navy Nuclear Submarines, and upon leaving the Navy, went on to hold a variety of technical and senior management positions in high technology companies, including Westinghouse, Whitehall/Hydroscience, Litton Industries and Northrop Grumman. He was the Business Unit Director for Litton’s Fiber Optic Acoustic Systems, heading the company’s fastest growing business unit from 1995 to 2002. At Litton, he landed the first production contract for fiber optic sensors, a sonar system on the US Navy’s newest Virginia class submarines, valued at over $400 million. Prior to that, Mr. Andersen held technical and executive positions in companies that developed systems for oil exploration and ocean applications.

Benny Sela

Mr. Benny Sela is President and Chief Executive Officer of DSIT Solutions Ltd. a subsidiary of the Acorn Energy, Inc., since July 2007. Previously, he held the position of Executive Vice President and head of the company’s Real Time Division since 1996. Mr. Sela joined DSIT in February 1989. Prior to that, Mr. Sela served in the Israeli Air Force reaching the position of Lt. Colonel (Ret.). During his service in the Israeli Air Force, Mr. Sela was head of the Electronic Warfare branch, working on both the F-16 and Lavi projects. He holds a B.Sc. in Electrical Engineering, a Masters Degree in Operations Research from Stanford University, and an MBA.

Joseph Musanti

Mr. Joseph Musanti is Chief Operating Officer; President, Chief Executive Officer of GridSense and OmniMetrix, subsidiary Companies of Acorn Energy, Inc. Mr. Musanti currently serves as General Manager/CFO of Main Tape a manufacturer of surface protection film and paper products, based in Cranbury, New Jersey. Prior to the acquisition of Film Tech Inc. and their merger into Main Tape in 2010 Mr. Musanti served as President of Main Tape Inc. From 2003 to 2006, prior to becoming President, Mr. Musanti served as Vice President Finance of Main Tape. Prior to that, Mr. Musanti was Vice President Finance of Rheometric Scientific, Inc., a manufacturer of thermal analytical instrumentation products.

Heather Mallard

Ms. Heather K. Mallard serves as Vice President, General Counsel, Secretary of Acorn Energy, Inc., effective February 1, 2012. For the twenty three years prior, Ms. Mallard practiced with the law firm Womble Carlyle Sandridge & Rice, LLP, most recently in the firm’s Raleigh, North Carolina office. Ms. Mallard is a seasoned corporate and business lawyer, with a practice that has spanned a variety of industries.

Edgar Woolard

Mannie Jackson

Mr. Mannie L. Jackson is an Independent Director of Acorn Energy Inc. Mr. Jackson serves as a member of Compensation Committee. Mr. Jackson played professional basketball for a brief time before starting his business career at General Motors, Inc. He later served as President and General Manager of Honeywell’s Telecommunications Business and then as Corporate Executive VP of worldwide Sales and Marketing before retiring as a Corporate Officer and Senior Vice President in 1993. Mr. Jackson helped found and chaired the Executive Leadership Council which represents the most senior African American corporate executives in Fortune 500 companies and previously served on the Board of Directors of several Fortune 500 companies, including Ashland Inc., Reebok International, Stanley Works, Jostens and True North. Mr. Jackson is currently Chairman of privately held Boxcar Holdings, LLC, and a former owner and Chairman of the Board of the Harlem Globetrotters. He is also former Chairman of the Board of Trustees of the Naismith Basketball Hall of Fame and is a member of the University of Illinois Foundation Board of Directors.

Robert McKee

Mr. Robert E. McKee, III, is an Independent Director of Acorn Energy Inc., effective May 8, 2013. Mr. McKee had a 37 year career at ConocoPhillips and Conoco, Inc., including ten years as Executive Vice President, Exploration and Production (1992-2002). He was a senior oil advisor to the Coalition Provisional Authority and the Iraqi Oil Ministry in Iraq to assist with the rebuilding of its oil industry from September 2003 to March 2004. He is also a Director of QEP Resources, an unconventional oil driller, Post Oak Bank and a board member on the Colorado School of Mines Foundation.

Samuel Zentman

Dr. Samuel M. Zentman, Ph.D., is an Independent Director of Acorn Energy Inc. From 1980 until 2006, Dr. Zentman was the president and chief executive officer of a privately-held textile firm, where he also served as vice president of finance and administration from 1978 to 1980. From 1973 to 1978, Dr. Zentman served in various capacities at American Motors Corporation. He holds a Ph.D. in Complex Analysis. Dr. Zentman serves on the boards of Powersafe Technology Corp. as well as several national charitable organizations devoted to advancing the quality of education.

Jane Voisin

Basic Compensation

Name Fiscal Year Total

Christopher Clouser

--

John Moore

414,864

Michael Barth

221,309

Jim Andersen

--

Benny Sela

353,811

Joseph Musanti

312,315

Heather Mallard

390,994

Edgar Woolard

--

Mannie Jackson

--

Robert McKee

--

Samuel Zentman

--

Jane Voisin

--
As Of  30 Dec 2013

Options Compensation

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