People: Forest Oil Corp (FST)
FST on New York Consolidated
5.04USD
21 May 2013
5.04USD
21 May 2013
Price Change (% chg)
$-0.22 (-4.18%)
$-0.22 (-4.18%)
Prev Close
$5.32
$5.32
Open
$5.28
$5.28
Day's High
$5.31
$5.31
Day's Low
$4.97
$4.97
Volume
4,762,575
4,762,575
Avg. Vol
4,472,148
4,472,148
52-wk High
$9.32
$9.32
52-wk Low
$4.05
$4.05
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
James Lightner |
60 | 2008 | Presiding Independent Non-Executive Chairman of the Board |
Patrick McDonald |
56 | 2012 | President, Chief Executive Officer, Director |
Michael Kennedy |
38 | 2009 | Chief Financial Officer, Executive Vice President |
Victor Wind |
39 | 2013 | Senior Vice President, Chief Accounting Officer, Corporate Controller, Treasurer |
Cyrus Marter |
49 | 2007 | Senior Vice President, General Counsel, Secretary |
Frederick Dearman |
55 | 2012 | Senior Vice President, Southern Region |
Michael Dern |
58 | 2013 | Senior Vice President - Corporate Engineering and Technology |
Glen Mizenko |
50 | 2012 | Senior Vice President, Mid-Continent Region |
Loren Carroll |
69 | 2006 | Independent Director |
Richard Carty |
44 | 2012 | Independent Director |
Dod Fraser |
63 | 2000 | Independent Director |
James Lee |
64 | 1991 | Independent Director |
Raymond Wilcox |
67 | 2009 | Independent Director |
Larry Busnardo |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
James Lightner |
Mr. James D. Lightner is Presiding Independent Non-Executive Chairman of the Board of Forest Oil Corp. Mr. Lightner has been Chief Executive Officer of Beacon E&P Company, an oil and gas exploration company, since its inception in 2009. Mr. Lightner was a Partner and Chief Executive Officer of Orion Energy Partners, an oil and gas exploration and production company, from its inception in August 2004 until its winding down in 2009. From 1999 to 2004, Mr. Lightner served in various capacities with Tom Brown, Inc., an oil and gas exploration and production company, including director, Chairman, Chief Executive Officer and President, until its sale to EnCana Oil & Gas (USA) Inc. in 2004. Prior to 1999, he served as Vice President and General Manager of EOG Resources, Inc., a publicly traded oil and gas exploration and production company. Mr. Lightner had been a director since November 2004 of W-H Energy Services Inc., an oil field services company, until its sale in July 2008. Mr. Lightner received a bachelor of science degree in geology from Southern Illinois University, and a master of science degree in geology from the Australian National University. |
Patrick McDonald |
Mr. Patrick R. McDonald is President, Chief Executive Officer, Director of Forest Oil Corp. He was appointed as the Chief Executive Officer, President and as a Director and Chairman of the Board of Directors of Carbon Natural Gas Co. on February 14, 2011 and served as Chief Executive Officer, President and Director of its predecessor company Nytis USA since 2004. In March 2011, Mr. McDonald was elected as a director of Lone Pine Resources Inc., an oil and gas exploration, development and production company. From 1998 to 2003, Mr. McDonald served as President, Chief Executive Officer, and Director of Carbon Energy Corporation, an oil and gas exploration and production company. From 1987 to 1997, Mr. McDonald served as Chief Executive Officer, President and Director of Interenergy Corporation, a natural gas gathering, processing, and marketing company. Prior to that he worked as an exploration geologist with Texaco, Inc. where he was responsible for oil and gas exploration efforts in the Middle and Far East. Until his appointment as interim Chief Executive Officer of the Company, Mr. McDonald was a member of the Board's Audit Committee and served as chairman of the Board's Compensation Committee. He is a Certified Petroleum Geologist and is a member of the American Association of Petroleum Geologists and Canadian Society of Petroleum Geologists. Mr. McDonald received a bachelor's degree in geology and economics from Ohio Wesleyan University and an MBA in Finance from New York University. |
Michael Kennedy |
Mr. Michael N. Kennedy is Executive Vice President, Chief Financial Officer of Forest Oil Corp. Mr. Kennedy joined Forest in February 2001. He served as Senior Financial Analyst until April 2003, at which time he became Manager of Investor Relations. Mr. Kennedy served in that role until November 2005 when he became Managing Director of Capital Markets and Treasurer and in April 2008 assumed the role of Vice President—Finance and Treasurer. Prior to joining Forest, Mr. Kennedy worked for Arthur Andersen as a member of its audit and business advisory practice. |
Victor Wind |
Mr. Victor A. Wind is Senior Vice President, Chief Accounting Officer, Corporate Controller, Treasurer of Forest Oil Corp., since January 2013; Senior Vice President, Chief Accounting Officer and Corporate Controller from December 2009 until January 2013; Vice President, Chief Accounting Officer and Corporate Controller from May until December 2009. Mr. Wind joined Forest in January 2005 as Corporate Controller. Mr. Wind was previously employed by Evergreen Resources, Inc. from July 2001 to December 2004. He served in various management positions during this period, including Director of Financial Reporting and Controller. From 1997 to 2001, he served in various capacities at BDO Seidman, LLP. |
Cyrus Marter |
Mr. Cyrus D. Marter, IV, is Senior Vice President, General Counsel, Secretary of Forest Oil Corp. Mr. Marter served as Vice President, General Counsel and Secretary from January 2005 to November 2007, as Associate General Counsel from October 2004 to January 2005, and as Senior Counsel from June 2002 until October 2004. Prior to joining Forest, Mr. Marter was a partner in the law firm of Susman Godfrey L.L.P. in Houston, Texas. |
Frederick Dearman |
Mr. Frederick Britt Dearman, II, is Senior Vice President, Southern Region of Forest Oil Corp. Mr. Dearman joined Forest in August 2010 as Managing Director, New Ventures, a role he filled until October 2011, when he was promoted to Vice President of that business unit. Prior to joining Forest Mr. Dearman served as Special Projects Manager at Apache Corporation, an oil and gas company, from 2001 to 2010. He also held the positions of Corporate Reservoir Engineering Manager from 1998 to 2001 and Senior Staff Reservoir Engineer 1996 to 1997 at Apache Corporation. He was employed by Amerada Hess Corporation, also an oil and gas company, as a petroleum engineer from 1987 to 1996. |
Michael Dern |
Mr. Michael J. Dern is Senior Vice President - Corporate Engineering and Technology of Forest Oil Corp., since January 2013. Mr. Dern served as Forest’s Vice President, Corporate Engineering, from July 2011 until January 2013, as Manager, Reservoir Engineering, Eastern Region, from May 2005 until July 2011, and as Manager, Corporate Planning, from May 2001 until May 2005. Prior to joining Forest, he had more than 20 years of industry experience in corporate planning, reservoir engineering, and reservoir engineering management at Phillips Petroleum, Exeter Exploration, Midcon Exploration, Apache Corporation, and Gulf Canada Resources. |
Glen Mizenko |
Mr. Glen J. Mizenko is Senior Vice President, Mid-Continent Region of Forest Oil Corp. Mr. Mizenko joined Forest in January 2001 as Manager Corporate Development and New Ventures. In October 2003, he was promoted to the position of Director, Business Development. In May 2005, he was promoted to Vice President, Business Development, and in May 2007 was again promoted to SeniorVice President, Business Development and Corporate Engineering. Prior to joining Forest, Mr. Mizenko held various positions in reservoir engineering, reserves reporting, development planning, and operations management with Shell Oil, Benton Oil & Gas, and British Borneo Oil and Gas PLC. |
Loren Carroll |
Mr. Loren K. Carroll is Independent Director of Forest Oil Corp. Mr. Carroll served as President and Chief Executive Officer of M-I SWACO, a supplier of drilling and completion fluids and waste management products and services owned 60% by Smith International, Inc., and as Executive Vice President of Smith International, Inc., a supplier of products and services to the oil and gas, petrochemical, and other industrial markets from March 1994 until his retirement in April 2006. He initially joined Smith International in December 1984, and was serving as Executive Vice President and Chief Financial Officer when he left in 1989 and when he returned in October 1992. Mr. Carroll is a director of CGG-Veritas, a geophysical services and equipment company, and KBR, Inc., an engineering and construction company. Mr. Carroll previously served as a director of Smith International, Inc. and Fleetwood Enterprises, Inc., a producer of recreational vehicles and manufactured homes. Mr. Carroll graduated from California State University at Long Beach with a bachelor of science degree in accounting. |
Richard Carty |
Mr. Richard J. Carty is Independent Director of Forest Oil Corp. Since October 2009, Mr. Carty serves as President of West Face Capital (USA) Corp., an affiliate of West Face Capital Inc. ("West Face Capital"), a Toronto-based investment management firm, and has served on the board of directors of portfolio companies on behalf of West Face Capital. From 1995 to 2009, Mr. Carty was with Morgan Stanley & Co. in New York where he was Managing Director of Morgan Stanley Principal Strategies. Mr. Carty was at Morgan Stanley & Co. for 14 years in New York, and prior to that time was a partner at Gordon Capital Corp., a private Toronto-based investment bank for five years. Mr. Carty has served as a director of Bonanza Creek Energy, Inc., an independent oil and gas exploration and production company, since 2010. Mr. Carty graduated from the University of Waterloo with a bachelor of arts degree in economics. |
Dod Fraser |
Mr. Dod A. Fraser is Independent Director of Forest Oil Corp. Mr. Fraser is President of Sackett Partners Incorporated, a consulting company, and member of corporate boards, since 2000. Previously, Mr. Fraser was an investment banker, a General Partner of Lazard Freres & Co. and, most recently, Managing Director and Group Executive of Chase Manhattan Bank, now JP Morgan Chase, where he led the global oil and gas group. Mr. Fraser was a board member of Smith International, Inc., an oilfield service company, and Terra Industries, Inc., a nitrogen-based fertilizer company. Mr. Fraser is a board member of Subsea 7 S.A., a sub-sea engineering and contracting company. Mr. Fraser graduated from Princeton University with a bachelor of arts degree. |
James Lee |
Mr. James H. Lee is Independent Director of Forest Oil Corp. Mr. Lee has served as the Managing General Partner of Lee, Hite & Wisda Ltd., an oil and gas consulting and exploration firm, since 1984. Mr. Lee has been a director of Holly Frontier Corporation, successor to Frontier Oil Corporation, a crude oil refining and wholesale marketing company, since 2000. Mr. Lee graduated from Stanford University with a bachelor of arts degree in economics and from The Harvard Graduate School of Business Administration with an MBA. |
Raymond Wilcox |
Mr. Raymond. I. Wilcox is Independent Director of Forest Oil Corp. Mr. Wilcox served as President and Chief Executive Officer of Chevron Phillips Chemical Company LLC, producers of olefins and polyolefins, aromatics, alpha olefins, styrenics and specialty chemicals, from April 2006 until his retirement in March 2008. From 2002 until 2006, Mr. Wilcox served as Vice President of Chevron Corporation, a worldwide integrated energy company, and President of Chevron North America Exploration and Production Company, an oil and gas exploration and production company. Mr. Wilcox joined Chevron in 1968 and his career covered responsibilities in the upstream, midstream and chemical segments, and included activities in North America, Indonesia, Australia, Kazakhstan, the Far East, the Middle East and Africa. Mr. Wilcox previously served as a director of Dynegy, Inc. from June 2003 until March 2006. He graduated from the University of Michigan with a bachelor of science degree in mechanical engineering. |
Larry Busnardo |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
James Lightner |
-- |
Patrick McDonald |
5,257,040 |
Michael Kennedy |
3,182,430 |
Victor Wind |
2,280,440 |
Cyrus Marter |
2,508,190 |
Frederick Dearman |
-- |
Michael Dern |
-- |
Glen Mizenko |
2,473,240 |
Loren Carroll |
-- |
Richard Carty |
-- |
Dod Fraser |
-- |
James Lee |
-- |
Raymond Wilcox |
-- |
Larry Busnardo |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
James Lightner |
0 | 0 |
Patrick McDonald |
0 | 0 |
Michael Kennedy |
0 | 0 |
Victor Wind |
0 | 0 |
Cyrus Marter |
10,996 | 363,372 |
Frederick Dearman |
0 | 0 |
Michael Dern |
0 | 0 |
Glen Mizenko |
0 | 0 |
Loren Carroll |
0 | 0 |
Richard Carty |
0 | 0 |
Dod Fraser |
0 | 0 |
James Lee |
0 | 0 |
Raymond Wilcox |
0 | 0 |
Larry Busnardo |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
LIGHTNER JAMES D |
33,671 | $0.00 |
CARTY RICHARD J |
33,671 | $0.00 |
LEE JAMES H |
33,671 | $0.00 |
FRASER DOD A |
33,671 | $0.00 |
WILCOX RAYMOND I |
33,671 | $0.00 |
CARROLL LOREN K |
33,671 | $0.00 |
COLWELL CECIL N |
12,764 | $6.86 |
DERN MICHAEL J |
30,000 | $0.00 |
COLWELL CECIL N |
50,000 | $0.00 |
COLWELL CECIL N |
50,000 | $6.86 |
WIND VICTOR A |
15,200 | $6.47 |
WIND VICTOR A |
3,108 | $6.47 |
KENNEDY MICHAEL N |
19,000 | $6.47 |
KENNEDY MICHAEL N |
3,885 | $6.47 |
KENNEDY MICHAEL N |
19,000 | $0.00 |
WIND VICTOR A |
15,200 | $0.00 |
CARTY RICHARD J |
17,463 | $0.00 |
BROOKS DOUGLAS E |
50,000 | $0.00 |
MCDONALD PATRICK R |
185,000 | $0.00 |
NUTT RONALD C |
6,613 | $6.83 |
CLARK HAROLD CRAIG |
90,583 | $0.00 |
RIDENS J C |
107,500 | $0.00 |
MIZENKO GLEN J |
3,730 | $8.35 |
KENNEDY MICHAEL N |
9,120 | $8.35 |
COLWELL CECIL N |
3,730 | $8.35 |

