People: Acorn Energy Inc (ACFN.W)
ACFN.W on CBOE When Trading NASDAQ Global Select Market
8.61USD
22 May 2013
8.61USD
22 May 2013
Price Change (% chg)
$0.31 (+3.73%)
$0.31 (+3.73%)
Prev Close
$8.30
$8.30
Open
$8.61
$8.61
Day's High
$8.61
$8.61
Day's Low
$8.61
$8.61
Volume
100
100
Avg. Vol
155
155
52-wk High
$10.40
$10.40
52-wk Low
$6.40
$6.40
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Christopher Clouser |
61 | 2012 | Chairman of the Board |
John Moore |
47 | 2012 | President, Chief Executive Officer |
Richard Rimer |
47 | 2012 | Vice Chairman of the Board |
Michael Barth |
52 | 2005 | Chief Financial Officer of the Company and DSIT Solutions Ltd. |
Jim Andersen |
57 | 2007 | President, Chief Executive Officer of USSI |
Joseph Musanti |
2013 | President, Chief Executive Officer of GridSense | |
Deena Redding |
44 | 2009 | Chief Executive Officer and President of OmniMetrix, LLC |
Benny Sela |
65 | 2007 | President and Chief Executive Officer of DSIT Solutions Ltd |
Heather Mallard |
49 | 2012 | Vice President, General Counsel, Secretary |
Mannie Jackson |
73 | 2012 | Director |
Richard Giacco |
60 | 2006 | Independent Director |
Robert McKee |
65 | 2013 | Independent Director |
Samuel Zentman |
68 | 2004 | Independent Director |
Jane Voisin |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Christopher Clouser |
Mr. Christopher E. Clouser is Chairman of the Board of Acorn Energy, Inc. 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 also serves as Chairman of the International Tennis Hall of Fame and Museum in Newport, Rhode Island. 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 of Acorn Energy, Inc. He resigned as Chairman of the Board of the Company, effective November 13, 2012. He has been a director and President and Chief Executive Officer of the Company since March 2006. Mr. Moore was elected Chairman of the Board on March 25, 2009. Mr. Moore also served as a director of Comverge from March 2006 through January 2008. Mr. Moore is 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 is currently a member of the Board of Directors of Voltaix, Inc., a provider of specialty gases to the solar and semiconductor industries. 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 to Sterling Capital. Mr. Moore serves as a director on the board of directors for each of the company's subsidiaries. |
Richard Rimer |
Mr. Richard Rimer is Vice Chairman of the Board of Acorn Energy, Inc. Mr. Rimer was elected to the Board in September 2006. Mr. Rimer is a principal of Top Quartile Partners, an investment fund and is a consultant to Acorn. From 2001 to 2006, Mr. Rimer was a Partner at Index Ventures, a private investment company. He formerly served on the boards of Direct Medica, a provider of marketing services to pharmaceutical companies, and Addex Pharmaceuticals, a pharmaceutical research and development company. Prior to joining Index Ventures, Mr. Rimer was the co-founder of MediService, the direct service pharmacy in Switzerland and had served as a consultant with McKinsey & Co. |
Michael Barth |
Mr. Michael Barth is Chief Financial Officer of Acorn Energy Inc., and the Chief Financial Officer of 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. |
Joseph Musanti |
Mr. Joseph Musanti has been appointed as President, Chief Executive Officer of GridSense, a subsidiary of Acorn Energy, Inc., effective May 10, 2013. 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. |
Deena Redding |
Ms. Deena Redding is Chief Executive Officer and President of OmniMetrix, a subsidiary of Acorn Energy, Inc. She began her more than twenty years of management experience responsible for more than a billion dollars of insurance reserves for UPS and Ryder Integrated Logistics. Deena partnered with Remote Business Management, LLC during the pioneer era of Digital Video Recording. |
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. |
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. |
Mannie Jackson |
Mr. Mannie L. Jackson is Director of Acorn Energy, Inc. 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 Inc.'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 currently a member of the University of Illinois Foundation Board of Directors. |
Richard Giacco |
Mr. Richard J. Giacco is Independent Director of Acorn Energy Inc. Mr. Giacco has been President of Empower Materials, Inc., a manufacturer of carbon dioxide based thermoplastics, since January 1999. Mr. Giacco was the Managing Member of Ajedium Film Group, LLC, a manufacturer of thermoplastic films from its inception until its sale in 2008. Mr. Giacco served as Associate General Counsel of Safeguard Scientifics, Inc. from 1984 to 1990. |
Robert McKee |
Mr. Robert E. McKee, III, has been appointed as 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 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 |
598,655 |
Richard Rimer |
-- |
Michael Barth |
346,459 |
Jim Andersen |
-- |
Joseph Musanti |
-- |
Deena Redding |
-- |
Benny Sela |
377,637 |
Heather Mallard |
390,994 |
Mannie Jackson |
-- |
Richard Giacco |
-- |
Robert McKee |
-- |
Samuel Zentman |
-- |
Jane Voisin |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Christopher Clouser |
0 | 0 |
John Moore |
113,636 | 437,499 |
Richard Rimer |
0 | 0 |
Michael Barth |
19,394 | 93,867 |
Jim Andersen |
0 | 0 |
Joseph Musanti |
0 | 0 |
Deena Redding |
0 | 0 |
Benny Sela |
20,000 | 24,000 |
Heather Mallard |
0 | 0 |
Mannie Jackson |
0 | 0 |
Richard Giacco |
0 | 0 |
Robert McKee |
0 | 0 |
Samuel Zentman |
0 | 0 |
Jane Voisin |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
REDDING DEENA |
1,000 | $7.45 |
JACKSON MANNIE L |
4,000 | $7.70 |
CLOUSER CHRISTOPHER E |
200 | $7.14 |
RIMER RICHARD S |
2,600 | $7.12 |
RIMER RICHARD S |
2,400 | $7.19 |
CLOUSER CHRISTOPHER E |
1,500 | $7.15 |
CLOUSER CHRISTOPHER E |
2,300 | $7.15 |
MOORE JOHN A |
5,000 | $7.10 |
MOORE JOHN A |
4,855 | $6.15 |
BARTH MICHAEL |
86 | $6.15 |
ZENTMAN SAMUEL M |
7,500 | $3.28 |
MOORE JOHN A |
4,011 | $7.41 |
BARTH MICHAEL |
68 | $7.41 |
RIMER RICHARD S |
5,000 | $8.13 |
JACKSON MANNIE L |
4,100 | $7.35 |
BARTH MICHAEL |
500 | $7.30 |
CLOUSER CHRISTOPHER E |
3,300 | $7.70 |
MOORE JOHN A |
5,000 | $7.66 |
GIACCO RICHARD J |
1,000 | $7.70 |
ANDERSEN JAMES |
1,000 | $7.86 |
BARTH MICHAEL |
62 | $8.16 |
CLOUSER CHRISTOPHER E |
100 | $8.61 |
CLOUSER CHRISTOPHER E |
420 | $8.61 |
CLOUSER CHRISTOPHER E |
1,090 | $8.63 |
CLOUSER CHRISTOPHER E |
100 | $8.61 |
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