People: Calpine Corp (CPN)

Summary

Name	Age	Since	Current Position
J. Stuart Ryan	54	2010	Independent Chairman of the Board
John Hill	45	2012	President, Chief Operating Officer
Jack Fusco	50	2012	Chief Executive Officer, Director
Zamir Rauf	53	2008	Chief Financial Officer, Executive Vice President
W. Thaddeus Miller	62	2008	Executive Vice President, Chief Legal Officer, Secretary
Jim Deidiker	57	2010	Chief Accounting Officer, Senior Vice President
Frank Cassidy	66	2008	Independent Director
Robert Hinckley	65	2008	Independent Director
David Merritt	58	2006	Independent Director
W. Benjamin Moreland	49	2008	Independent Director
Robert Mosbacher	61	2009	Independent Director
Denise O'Leary	55	2008	Independent Director
William Oberndorf	58	2011	Independent Director

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Biographies

Name	Description
J. Stuart Ryan	Mr. J. Stuart Ryan is Independent Chairman of the Board of Calpine Corporation. In July 2011, Mr. Ryan became the Chief Executive Officer of Aggregates USA. He is also the founding owner and President of Rydout, LLC, a private investment firm focused on the energy and power industries since February 2003. He also has been a venture partner with SPO Advisory Corp. since 2003. From 1986 through 2003, Mr. Ryan held various management positions with The AES Corporation, a global power company, including Executive Vice President from February 2000 and Chief Operating Officer from February 2002. Mr. Ryan earned a Bachelor of Science degree from Lehigh University and a Master of Business Administration degree from Harvard University. Mr. Ryan serves on the Lehigh University Board of Trustees and its Engineering Advisory Counsel. Mr. Ryan was appointed Chairman of the Board effective November 3, 2010. Mr. Ryan is also a member of the Nominating and Governance Committee.
John Hill	Mr. John B. Hill is President, Chief Operating Officer of Calpine Corporation. He previously served as Executive Vice President and Chief Operating Officer from November 2010 to December 2012 and as Executive Vice President and Chief Commercial Officer from September 2008 to November 2010. Prior to joining the Company, Mr. Hill most recently served as Executive Vice President of NRG Energy, Inc. since February 2006 and President of NRG Texas LLC since December 2006. Prior to joining NRG Energy, Inc., Mr. Hill was Executive Vice President of Strategy and Business Development at Texas Genco LLC from 2005 to 2006. From 1995 to 2005, Mr. Hill was with Boston Consulting Group, Inc., where he rose to Partner and Managing Director and led the North American energy practice, serving companies in the power and gas sector with a focus on commercial and strategic issues. Mr. Hill received his Bachelor of Arts degree from Vanderbilt University and a Master of Business Administration degree from the Amos Tuck School of Dartmouth College.
Jack Fusco	Mr. Jack A. Fusco is Chief Executive Officer, Director of Calpine Corp. He previously served as the company President from August 2008 to December 2012. From July 2004 to February 2006, Mr. Fusco served as the Chairman and Chief Executive Officer of Texas Genco LLC. From 2002 through July 2004, Mr. Fusco was an exclusive energy investment advisor for Texas Pacific Group. From November 1998 until February 2002, he served as President and Chief Executive Officer of Orion Power Holdings, Inc. Prior to his founding of Orion Power Holdings, Inc., Mr. Fusco was a Vice President at Goldman Sachs Power, an affiliate of Goldman, Sachs & Co. Prior to joining Goldman Sachs, Mr. Fusco was employed by Pacific Gas & Electric Company or its affiliates in various engineering and management roles for approximately 13 years. Mr. Fusco obtained a Bachelor of Science degree in Mechanical Engineering from California State University, Sacramento. Mr. Fusco served as a director on the board of Foster Wheeler Ltd., a global engineering and construction contractor and power equipment supplier, until February 2009 and Graphics Packaging Holdings, a paper and packaging company, until 2008.
Zamir Rauf	Mr. Zamir Rauf is Chief Financial Officer, Executive Vice President of Calpine Corp. Previously, he served as Senior Vice President, Finance and Treasurer from September 2007 until his appointment as Interim Chief Financial Officer. Since joining the Company in February 2000, Mr. Rauf has served as Manager, Finance from February 2000 to April 2001, Director, Finance from April 2001 to December 2002, Vice President, Finance from December 2002 to July 2005 and Senior Vice President, Finance from July 2005 to September 2007. Prior to joining the Company, Mr. Rauf held various accounting and finance roles with Enron North America and Dynegy Inc., as well as credit and lending roles with Comerica Bank. Mr. Rauf earned his Bachelor of Arts degree in Business and Commerce and Masters in Business Administration – Finance degree from the University of Houston.
W. Thaddeus Miller	Mr. W. Thaddeus Miller is Executive Vice President, Chief Legal Officer, Secretary of Calpine Corporation. Prior to joining the Company, Mr. Miller most recently served as Executive Vice President and Chief Legal Officer of Texas Genco LLC from December 14, 2004 until 2006. From 2002 to 2004, Mr. Miller was a consultant to Texas Pacific Group, a private equity firm. From 1999 to 2002, he served as Executive Vice President and Chief Legal Officer of Orion Power Holdings, Inc., an independent power producer. From 1994 to 1999, Mr. Miller was a Vice President of Goldman Sachs & Co., where he focused on wholesale electric and other energy commodity trading. Before joining Goldman Sachs & Co., Mr. Miller was a partner in a New York law firm. Mr. Miller earned his Bachelor of Science degree from the U.S. Merchant Marine Academy and his Juris Doctor degree from St. John’s School of Law. In addition, Mr. Miller was an officer in the U.S. Coast Guard from 1973 through 1976.
Jim Deidiker	Mr. Jim D. Deidiker is Chief Accounting Officer, Senior Vice President of Calpine Corp. Mr. Deidiker served as the Company’s Senior Vice President and Chief Accounting Officer since joining the Company in January 2008 until May 2010, when he resigned as the Company’s Chief Accounting Officer due to health concerns, but remained an employee. Mr. Deidiker returned to his role as the Company’s Senior Vice President and Chief Accounting Officer once his health concerns were resolved. Prior to joining the Company, Mr. Deidiker most recently served as Vice President and Controller of Texas Genco LLC from 2005 to 2006 where he was responsible for financial and public reporting as well as management of the accounting function. From 1998 to 2005, Mr. Deidiker served as Managing Director & Vice President, Administration of AEP Energy Services, Inc. where he was responsible for management of the accounting function, financial reporting, contract administration and risk management for the gas pipeline and trading segment of AEP Energy Services, Inc. Mr. Deidiker obtained a Bachelor of Science degree in Accounting from Missouri State University and a Master in Business Administration degree from the University of Houston. In addition, Mr. Deidiker is a Certified Public Accountant and Certified Management Accountant.
Frank Cassidy	Mr. Frank Cassidy is Independent Director of Calpine Corporation. From 1969 to his retirement in 2007, Mr. Cassidy was employed at Public Service Enterprise Group, Inc. (“PSEG”), an energy and energy services company. From 1999 to 2007, Mr. Cassidy served as President and Chief Operating Officer of PSEG Power LLC, the wholesale energy subsidiary of PSEG. From 1996 to 1999, Mr. Cassidy was President and Chief Executive Officer of PSEG Energy Technologies, Inc. Prior to 1996, Mr. Cassidy held various positions of increasing responsibility at the Public Service Electric and Gas Company. Mr. Cassidy obtained a Bachelor of Science degree in Electrical Engineering from the New Jersey Institute of Technology and a Master of Business Administration degree from Rutgers University. Mr. Cassidy is the Chairman of the Compensation Committee.
Robert Hinckley	Mr. Robert C. Hinckley is Independent Director of the Calpine Corporation. From 1999 to 2001, Mr. Hinckley was an advisor to Xilinx, Inc., a supplier of programmable logic devices, and from 1991 to 1999 he was the Vice President, Strategic Plans and Programs as well as General Counsel and Secretary of Xilinx, Inc. In 1994, he also served as Xilinx’s Chief Operating Officer. Prior to joining Xilinx, Mr. Hinckley was the Senior Vice President and Chief Financial Officer of Spectra Physics, Inc. Mr. Hinckley spent 11 years on active duty in the U.S. Navy. Mr. Hinckley obtained a Bachelor of Science degree from the U.S. Naval Academy. Mr. Hinckley is an adjunct Professor of Law at Tulane Law School and is a member of the Law School Dean’s Advisory Board. He earned his Juris Doctorate degree from Tulane University Law School. Mr. Hinckley currently serves as the Chairman and Managing Director of MCL Intellectual Property LLC and participates as a member of the board of directors and advisory boards of several privately held companies. Mr. Hinckley is a member of both the Audit Committee and the Nominating and Governance Committee.
David Merritt	Mr. David C. Merritt is Independent Director of Calpine Corporation. Mr. Merritt is President and owner of BC Partners, Inc. and served as Senior Vice President and Chief Financial Officer of iCRETE LLC from October 2007 to March 12, 2009. Mr. Merritt was an audit and consulting partner of KPMG LLP from 1985 to 1999. Mr. Merritt also serves as a director of Outdoor Channel Holdings, Inc., where he serves as a member of the Audit Committee and Charter Communications, Inc., where he also serves as a member of the Audit Committee. Mr. Merritt obtained a Bachelor of Science degree in Business and Accounting from California State University, Northridge.
W. Benjamin Moreland	Mr. W. Benjamin Moreland is Independent Director of Calpine Corporation. Since 1999, Mr. Moreland has been employed by Crown Castle International Corp., a provider of wireless communications infrastructure in Australia, Puerto Rico and the U.S., in various capacities, including his current position as President and Chief Executive Officer and, prior to that, as Executive Vice President and Chief Financial Officer. Mr. Moreland is also a director at Crown Castle International. Prior to joining Crown Castle International, he held various positions in corporate finance and real estate investment banking with Chase Manhattan Bank from 1984 to 1999. Mr. Moreland obtained a Bachelor of Business Administration degree from the University of Texas and a Master of Business Administration degree from the University of Houston.
Robert Mosbacher	Mr. Robert A. Mosbacher, Jr., is Independent Director of Calpine Corporation. Mr. Mosbacher is the Chairman of Mosbacher Energy Company, a privately-held independent oil and gas exploration and production company located in Houston, Texas. Prior to that, Mr. Mosbacher was appointed by President George W. Bush in 2005 as the President and Chief Executive Officer of the Overseas Private Investment Corporation (“OPIC”), an independent U.S. government agency that helps small, medium and American businesses expand into developing nations and emerging markets around the globe; he served in that position through January 2009. From 1986 until 2005, he served as President and Chief Executive Officer of Mosbacher Energy Company. From 1995 to 2003, Mr. Mosbacher also served as Vice Chairman of Mosbacher Power Group LLC. From August 1999 to October 2005, Mr. Mosbacher served as a Director of the Devon Energy Corporation. He also served on Devon’s Compensation Committee from June 2003 to October 2005. In April 2009, Mr. Mosbacher resumed his role as a director of Devon, and in June 2009 he resumed his role as a member of Devon’s Compensation Committee and the Nominating and Governance Committee. Mr. Mosbacher obtained a Bachelor of Arts degree in Political Science from Georgetown University and a Juris Doctorate from Southern Methodist University. Mr. Mosbacher is a member of the Compensation Committee and the Nominating and Governance Committee.
Denise O'Leary	Ms. Denise M. O'Leary is Independent Director of Calpine Corporation. Since 1996, she has been a private venture capital investor in a variety of early stage companies. From 1983 to 1996, Ms. O’Leary was an associate, then general partner, at Menlo Ventures, a venture capital firm providing long-term capital and management services to development stage companies. From 2002 to 2006, Ms. O’Leary was a member of the Board of Directors of Chiron Corporation, at which time the company was sold to Novartis AG. Ms. O’Leary is also a director of U.S. Airways Group, Inc., where she serves as a member of the Compensation Committee, and Medtronic, Inc., where she also serves as a member of the Compensation Committee. She obtained a Bachelor of Science degree in Industrial Engineering from Stanford University and obtained a Master in Business Administration from Harvard Business School.
William Oberndorf	Mr. William E. Oberndorf will no longer serves as Independent Director of Calpine Corporation. Mr. Oberndorf is a founding partner of SPO Advisory Corp., which is an owner of a number of businesses in a broad range of industries with an asset orientation. Mr. Oberndorf has served on the boards of numerous public and private companies. He currently serves as chairman of the board of Aggregates U.S.A. and Rosewood Hotels & Resorts. Mr. Oberndorf is also a member of the investment committee of Hotel Equity Funds and is a director emeritus of Plum Creek Timber Co. Mr. Oberndorf is a former board member of Taft Broadcasting Company, Voyager Learning Company, where he served as chairman, and Wometco Cable Television Corporation. Mr. Oberndorf received his Bachelor of Arts degree from Williams College and his Master of Business Administration from the Stanford Graduate School of Business. Mr. Oberndorf is a member of the Compensation Committee.

Basic Compensation

Name	Fiscal Year Total
J. Stuart Ryan	--
John Hill	2,959,810
Jack Fusco	7,961,210
Zamir Rauf	2,390,410
W. Thaddeus Miller	3,378,300
Jim Deidiker	1,073,990
Frank Cassidy	--
Robert Hinckley	--
David Merritt	--
W. Benjamin Moreland	--
Robert Mosbacher	--
Denise O'Leary	--
William Oberndorf	--

As Of 30 Dec 2012

Options Compensation

Name	Options	Value
J. Stuart Ryan	0	0
John Hill	0	0
Jack Fusco	0	0
Zamir Rauf	0	0
W. Thaddeus Miller	0	0
Jim Deidiker	0	0
Frank Cassidy	0	0
Robert Hinckley	0	0
David Merritt	0	0
W. Benjamin Moreland	0	0
Robert Mosbacher	0	0
Denise O'Leary	0	0
William Oberndorf	0	0

Insider Trading

Name	Shares Traded	Price
MERRITT DAVID C	4,362	$0.00
O LEARY DENISE M	4,362	$0.00
MORELAND W BENJAMIN	4,362	$0.00
MOSBACHER ROBERT A JR	4,362	$0.00
HOFMANN MICHAEL WILLIAM	4,362	$0.00
CASSIDY FRANK	4,362	$0.00
HINCKLEY ROBERT C	4,362	$0.00
RYAN J STUART	6,785	$0.00
MILLER WILLIAM THADDEUS	4,705	$0.00
SPO ADVISORY CORP	16,000,000	$20.63
MORELAND W BENJAMIN	8,956	$0.00
VEGA ASSET PARTNERS L P	200,000	$20.96
LUMINUS ENERGY PARTNERS MASTER FUND LTD	1,250,000	$20.96
LSP CAL HOLDINGS I L L C	10,000,000	$20.96
MILLER WILLIAM THADDEUS	4,614	$0.00
DEIDIKER JIM D	12,734	$0.00
HILL THAD	37,386	$0.00
RAUF ZAMIR	31,271	$0.00
MILLER WILLIAM THADDEUS	42,563	$0.00
FUSCO JACK ANTHONY	135,869	$0.00
MILLER WILLIAM THADDEUS	84,267	$0.00
HILL THAD	74,018	$0.00
FUSCO JACK ANTHONY	276,395	$0.00
LSP CAL HOLDINGS I L L C	17,450,000	$17.80
LUMINUS ENERGY PARTNERS MASTER FUND LTD	2,250,000	$17.80

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People: Calpine Corp (CPN)

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Summary

Biographies

Basic Compensation

Options Compensation

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