People: Foster Wheeler AG (FWLT.O)
FWLT.O on Nasdaq
23.53USD
20 May 2013
23.53USD
20 May 2013
Price Change (% chg)
$1.93 (+8.94%)
$1.93 (+8.94%)
Prev Close
$21.60
$21.60
Open
$21.64
$21.64
Day's High
$24.45
$24.45
Day's Low
$21.60
$21.60
Volume
4,395,244
4,395,244
Avg. Vol
1,410,752
1,410,752
52-wk High
$27.13
$27.13
52-wk Low
$15.26
$15.26
Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Steven Demetriou |
54 | 2011 | Independent Non-Executive Chairman of the Board |
Umberto della Sala |
64 | 2011 | President, Chief Operating Officer, Director; CEO - Global Engineering and Construction Group |
J. Kent Masters |
53 | 2011 | Chief Executive Officer, Director |
Franco Baseotto |
54 | 2008 | Chief Financial Officer, Executive Vice President, Treasurer |
Gary Nedelka |
58 | 2009 | Chief Executive Officer of Global Power Group (GPG) |
Michelle Davies |
52 | 2011 | Executive Vice President, General Counsel, Corporate Secretary |
Beth Sexton |
56 | 2008 | Executive Vice President - Human Resources |
Peter Rose |
66 | 2008 | Vice President, Chief Corporate Compliance Officer |
Lisa Wood |
46 | 2007 | Vice President, Controller |
Rakesh Jindal |
54 | 2005 | Vice President - Tax |
Jon Nield |
48 | 2011 | Vice President - Project Risk Management |
Clayton Daley |
61 | 2009 | Independent Director |
Edward Galante |
62 | 2008 | Independent Director |
John Malcolm |
62 | 2011 | Independent Director |
Stephanie Newby |
56 | 2004 | Independent Director |
Roberto Quarta |
63 | 2011 | Independent Director |
Henri Philippe Reichstul |
63 | 2011 | Independent Director |
Maureen Tart-Bezer |
57 | 2008 | Independent Director |
Scott Lamb |
Vice President - Investor Relations |
Biographies
| Name | Description |
|---|---|
Steven Demetriou |
Mr. Steven J. Demetriou is an Independent Non-Executive Chairman of the Board of Foster Wheeler AG. Mr. Demetriou became Non-Executive Chairperson of the Board of Directors effective November 4, 2011. Since December 2004 he has been the Chairman and Chief Executive Officer of Aleris International, Inc., a producer of aluminum rolled products whose shares were publicly traded on the NYSE from June 2004 to December 2006. In February 2009, Aleris International, Inc. filed a petition for voluntary reorganization under Chapter 11 of the U.S. Bankruptcy Code and emerged from reorganization under Chapter 11 in June 2010. From 2001 until June 2004, Mr. Demetriou served as President and Chief Executive Officer of Noveon, Inc., a specialty chemical company. Mr. Demetriou has also held various management and leadership positions with IMC Global Inc., Cytec Industries Inc. and Exxon Mobil Corporation. Mr. Demetriou is a director, Chairman of the Compensation Committee and a member of the Nominating and Governance Committee of OM Group, Inc., a diversified, global developer, producer and marketer of value-added, metal-based specialty chemicals and advanced materials and whose shares are publicly traded on the NYSE. He is a director and member of the Governance and Nominating Committee of Kraton Performance Polymers, Inc., a specialty chemicals company whose shares are publicly traded on the NYSE. Mr. Demetriou was previously a director and a member of the Compensation Committee of ElkCorp, a manufacturer of premium roofing and composite building products, whose shares were previously publicly traded on the NYSE. |
Umberto della Sala |
Mr. Umberto della Sala is the President, Chief Operating Officer, Director and Chief Executive Officer - Global Engineering and Construction Group of Foster Wheeler AG. Mr. della Sala has been employed by the company for 39 years, serving the company and subsidiaries in various positions of increasing responsibility in Europe and in the United States. Mr. della Sala was named Interim Chief Executive Officer on October 22, 2010 and continued to serve in that role until September 30, 2011. Mr. della Sala was named President and Chief Operating Officer on January 30, 2007, a role he has continued to fill since that date. Prior to his appointment as President and Chief Operating Officer, Mr. della Sala served and continues to serve as Chief Executive Officer of Global Engineering and Construction Business Group since June 2005, and also served as the President and Chief Executive Officer of Foster Wheeler Continental Europe S.r.l. from 2001 until January 1, 2010. He has also held other senior positions with the company, including Vice President of Foster Wheeler USA Corporation, from 1997 to 2000. Mr. della Sala, who is 63 years old, became a member of the Board of Directors in 2011. |
J. Kent Masters |
Mr. J. Kent Masters is the Chief Executive Officer, Director of Foster Wheeler AG. Mr. Masters became Chief Executive Officer on October 1, 2011. Prior to joining the company, he served as a member of the Executive Board of Linde AG, from 2006 to 2011. At Linde, Mr. Masters had responsibility for the Americas, Africa, the South Pacific, the global business unit Healthcare, and the business area Merchant and Packaged Gases. He was employed by BOC Group plc, a global industrial gas company that was publicly traded on the London Stock Exchange, from 1984 until the acquisition of BOC by Linde in 2006. Mr. Masters served in roles of increasing responsibility at BOC, including as Chief Executive, Industrial and Special Products, from 2005 to 2006, and as President, Process Gas Solutions-Americas, from 2002 to 2005. He also served on the board of directors of BOC from 2005 to 2006. Mr. Masters has been a director of Rockwood Holdings, Inc., a global manufacturer of chemicals and advanced materials whose shares are publicly traded on the NYSE, since 2007, and serves on its Audit and Compensation Committees. He also served as the non-executive Chairman of African Oxygen Limited, a public company traded on the Johannesburg Stock Exchange, from April 2005 to May 2011. |
Franco Baseotto |
Mr. Franco Baseotto is Chief Financial Officer and Executive Vice President and Treasurer of Foster Wheeler AG. He has served as Executive Vice President and Chief Financial Officer since August 13, 2007. Mr. Baseotto was also elected Treasurer on January 31, 2008. From July 2005 to August 2007, Mr. Baseotto served as the Financial Leader of Global Engineering and Construction Business Group and, from October 2003 to August 2007, as the Chief Financial Officer of Foster Wheeler Continental Europe S.r.l., an indirect, wholly-owned subsidiary within Global E&C Group. From March 2003 to July 2003, Mr. Baseotto served as Director of Finance of Foster Wheeler Inc., an indirect, wholly-owned subsidiary domiciled in the United States. From June 1998 to February 2003, Mr. Baseotto served as Director of Finance of Foster Wheeler Continental Europe S.r.l. |
Gary Nedelka |
Mr. Gary T. Nedelka is Chief Executive Officer of Global Power Group (GPG), a subsidiary of Foster Wheeler AG. He has been employed by the company for 32 years, serving the company and subsidiaries in various positions of increasing responsibility in commercial operations and engineering management. Mr. Nedelka was promoted to the position of Chief Executive Officer of Global Power Group, effective January 1, 2009. Prior to his current position, Mr. Nedelka served as President and Chief Executive Officer of Foster Wheeler North America Corp., an indirect, wholly-owned subsidiary within Global Power Group, since 2006. From 2000 to 2006, Mr. Nedelka served as President and General Manager of operating companies in China. Mr. Nedelka also serves as a director of Cotton Holdings, Inc., a disaster services company providing restoration and disaster recovery services. |
Michelle Davies |
Ms. Michelle K. Davies is the Executive Vice President, General Counsel, Corporate Secretary of Foster Wheeler AG. She was elected Executive Vice President and General Counsel, effective November 1, 2011, and Corporate Secretary, effective April 7, 2011. She served as Acting General Counsel from January 1, 2010 through October 31, 2011. From October 2008 until January 2010, Ms. Davies served as General Counsel for Foster Wheeler Energy Limited, the companies indirect, wholly-owned subsidiary. Prior to joining the company, Ms. Davies was the Group Legal Director and Company Secretary and Member of the Executive Committee of English Welsh & Scottish Railway Limited from July 2001 until July 2008. From April 1997 to April 2001 she served as Head of Legal and Regulatory Affairs and Company Secretary for NIREX Limited. Ms. Davies has more than 26 years of experience in complex corporate legal matters. |
Beth Sexton |
Ms. Beth B. Sexton is Executive Vice President - Human Resources Foster Wheeler AG. Prior to joining the Company, Ms. Sexton was Senior Vice President of Human Resources for IKON Office Solutions from March 1998 to February 2008 and Vice President of Human Resources for IKON Office Solutions from March 1996 to February 1998. Ms. Sexton also previously held a series of positions in human resource management with increasing responsibilities at CH2M Hill from April 1987 to March 1996. |
Peter Rose |
Mr. Peter D. Rose is Vice President and Chief Corporate Compliance Officer of Foster Wheeler AG. From May 2007 to January 2008, Mr. Rose was Vice President and Treasurer. Mr. Rose has been employed by the Company for 34 years. From March 2004 until May 2007, Mr. Rose served as Vice President, Internal Audit and Chief Corporate Compliance Officer of Foster Wheeler Inc. and Foster Wheeler International Holdings, Inc., an indirect, wholly-owned subsidiary. From May 1987 until March 2004, he served as Assistant Treasurer of Foster Wheeler Inc. and Foster Wheeler International Holdings, Inc., and as Vice President of Foster Wheeler Capital & Finance Corporation, an indirect, wholly-owned subsidiary. |
Lisa Wood |
Ms. Lisa Z. Wood is Vice President and Controller Foster Wheeler AG. Ms. Wood has been employed by the company for 15 years. From March 2003 until June 2007, Ms. Wood served as Chief Accounting Officer of FWI, and from August 1997 until March 2003, she served in various financial positions at FWI. |
Rakesh Jindal |
Mr. Rakesh K. Jindal is Vice President - Tax Foster Wheeler AG. From June 2000 until January 2005, Mr. Jindal served as Corporate Tax Director of FWI, and, from December 1996 until June 2000, he served as Assistant Director of Tax of FWI. |
Jon Nield |
Mr. Jon C. Nield is the Vice President - Project Risk Management of Foster Wheeler AG., since May 1, 2011. Mr. Nield has been employed by the company for 25 years. He was a director of Foster Wheeler Energy Limited from September 2006 through February 2012 and he has served in various executive positions with that company, including as Director, Operations, from August 2006 to December 2009, and Director, Project Executive, from January 2010 to December 2010. |
Clayton Daley |
Mr. Clayton C. Daley, Jr., is an Independent Director of Foster Wheeler AG. Mr. Daley was the Vice Chairman of The Procter & Gamble Company, a consumer products company, from January 2009 until his retirement in September 2009. Mr. Daley was the Vice Chairman and Chief Financial Officer of The Procter & Gamble Company from July 2007 to January 2009 and its Chief Financial Officer from 1999 until July 2007. Mr. Daley currently serves on the Board of Directors and is Chairman of the Audit Committee and a member of the Compensation and Executive Development and Governance and Nominating Committees of Nucor Corporation, a manufacturer of steel and steel products, and is a director and Chairman of the Audit Committee and a member of the Compensation and Option Committee of Starwood Hotels & Resorts Worldwide, Inc., a hotel and leisure company, each of whose shares are publicly traded on the NYSE. Mr. Daley also serves as a senior advisor to TPG Capital, a private equity firm. |
Edward Galante |
Mr. Edward G. Galante is an Independent Director of Foster Wheeler AG. Mr. Galante served as a Senior Vice President and member of the Management Committee of Exxon Mobil Corporation, the publicly traded petroleum and petrochemical enterprise in the world, from August 2001 until his retirement in 2006. From 1999 to August 2001, Mr. Galante was Executive Vice President of ExxonMobil Chemical Company and, from 1997 to 1999, Mr. Galante was Chairman and Managing Director of Esso (Thailand) Public Company Limited. Since 1972, Mr. Galante served in various management positions of increasing responsibility with Exxon Mobil Corporation. Mr. Galante is also a director and Chairman of the Compensation and Management Development Committee and a member of the Governance and Nominating Committee of Praxair, Inc., one of the world’s industrial gases companies, whose shares are publicly traded on the NYSE. He is also a director and member of the Governance and Nominating Committee of Clean Harbors, Inc., a provider of environmental, energy and industrial services, whose shares are publicly traded on the NYSE. Mr. Galante also serves as a director of Celanese Corporation, a global chemical technology and specialty materials company, whose shares are publicly traded on the NYSE. |
John Malcolm |
Dr. John M. Malcolm is an Independent Director of Foster Wheeler AG. Dr. Malcolm has been an independent energy consultant since January 2011. Prior to that, Dr. Malcolm served for 25 years in various capacities with Royal Dutch Shell plc, a global group of energy and petrochemicals companies, including as the Managing Director of Petroleum Development Oman LLC, the oil and gas producer in Oman, from 2002 to 2010, and as General Manager/Managing Director of Al Furat Petroleum Company, the joint venture oil and gas producer in Syria, from 1999 to 2002. Dr. Malcolm also serves as a director of Partex Oil & Gas (Holdings) Corporation, an international oil and gas company. In addition, he serves on the Advisory Board of ASCO Group Limited, a privately owned UK based logistics company. |
Stephanie Newby |
Ms. Stephanie S. Newby is an Independent Director of Foster Wheeler AG. Ms. Hanbury-Brown is the Chief Executive Officer of Crimson Hexagon, a provider of social media and data analytic services. She is also the founder of Golden Seeds LLC, which has provided investment capital to early stage, high growth companies since 2004, and is a Managing Partner of its venture capital funds. Prior to that, she spent 20 years working in the financial services industry in Sydney, London and New York. The majority of her career was with J.P. Morgan, where she headed several global businesses including Global Head of Futures and Options, Head of International Private Banking, Chief Operating Officer of Global Equities and Head of eCommerce. Ms. Newby also served as a director and a member of the Audit and Compensation and Human Resources Committees of RiskMetrics Group, Inc., a provider of risk management and corporate governance products and services whose shares were traded on the NYSE until the sale of the company in June 2010. |
Roberto Quarta |
Mr. Roberto Quarta is an Independent Director of Foster Wheeler AG. Mr. Quarta joined Clayton, Dubilier & Rice LLC, a private equity firm, as an operating partner in 2001 and was appointed Chairman Europe in 2009. Mr. Quarta served as Chief Executive Officer of BBA Group plc, a multinational aviation services and materials technology company, from 1993 to 2001, and then as Chairman from 2001 to 2007. Prior to that, he spent 17 years in a variety of senior management positions with BTR plc, a global diversified industrial conglomerate. Mr. Quarta currently serves as the Chairman of the Supervisory Board of Rexel SA, a global electrical distributor to the industrial, residential and commercial sectors. He serves on the Board of Directors of IMI plc, an international engineering group, and he became non-executive Chairman commencing November 1, 2011. Mr. Quarta served as a director of BAE Systems plc, a global defense, security and aerospace company, Azure Dynamics Corporation, a manufacturer of hybrid electric vehicles, controls and powertrain systems, Equant NV, a global LAN telecommunications provider, and PowerGen plc, a UK energy provider. |
Henri Philippe Reichstul |
Mr. Henri Philippe Reichstul is an Independent Director of Foster Wheeler AG. Mr. Reichstul is the founder and has been the Chief Executive Officer of G&R—Gestão Empresarial, a consulting firm, since 2003. He served as Chairman and Chief Executive Officer of Brenco (Companhia Brasileira de Energia Renovável), a Brazilian ethanol production company, from 2007 until 2010. He served as President of Globopar S.A., a Brazilian media company, from 2002 to 2003, and as Chief Executive Officer and President of Petrobrás (Petroleo Brasileiro S.A.), a Brazilian petroleum company, from 1999 to 2001. Mr. Reichstul served as Executive Vice President and a Partner of Banco Inter-American Express S.A., a private financial institution, from 1988 to 1999. He also has been a partner and director of Sayad, Reichstul & Luna, a consulting firm, since 1987. Mr. Reichstul served in various government positions in Brazil from 1983 to 1987, including President of IPEA (Instituto de Planejamento Economico e Social) and Secretary General of the Ministry of Planning, Secretary of SEST (Secretaria de Controle de Empresas Estatais), the state enterprise budget office in the Ministry of Planning, and Controller of State Enterprises for the State of São Paulo Finance Secretariat. Mr. Reichstul is currently a member of the board of directors of Repsol YPF, S.A., a publicly traded international oil and gas company, serving on its Executive Committee (Comision Delegada), of Gafisa SA, one of Brazil’s homebuilders, serving on its Compensation Committee, and of PSA Peugeot Citroën, a publicly traded French automobile company, serving on its Strategy Committee. |
Maureen Tart-Bezer |
Ms. Maureen B. Tart-Bezer is an Independent Director of Foster Wheeler AG. Ms. Tart-Bezer served as the Executive Vice President and Chief Financial Officer of Virgin Mobile USA, a wireless mobile virtual network operator, from January 2002 through June 2006. From January 2000 through December 2001, she was the Executive Vice President and General Manager of the American Express Company, U.S. Consumer Charge Group and from 1977 to January 2000 served in various senior financial positions with AT&T Corporation, including Senior Vice President and Corporate Controller as well as Senior Vice President and Chief Financial Officer for the Consumer Services Group. Ms. Tart-Bezer currently serves on the Board of Directors and is the Chairperson of the Audit Committee and a member of the Finance and Governance Committees of The Great Atlantic & Pacific Tea Company, Inc., a company whose shares are publicly traded on the NYSE. She also serves as a member of the Board of Directors of Sun Products Corp., a privately held company that manufactures consumer products, and is the Chairperson of their Audit Committee. Ms. Tart-Bezer also served as a director of Playtex Products, Inc., whose shares were publicly traded on the NYSE until the company was acquired in October 2007. |
Scott Lamb |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Steven Demetriou |
-- |
Umberto della Sala |
3,036,050 |
J. Kent Masters |
5,068,900 |
Franco Baseotto |
2,868,210 |
Gary Nedelka |
2,032,910 |
Michelle Davies |
-- |
Beth Sexton |
1,549,270 |
Peter Rose |
-- |
Lisa Wood |
-- |
Rakesh Jindal |
2,133,740 |
Jon Nield |
-- |
Clayton Daley |
-- |
Edward Galante |
-- |
John Malcolm |
-- |
Stephanie Newby |
-- |
Roberto Quarta |
-- |
Henri Philippe Reichstul |
-- |
Maureen Tart-Bezer |
-- |
Scott Lamb |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Steven Demetriou |
0 | 0 |
Umberto della Sala |
309,292 | 5,675,582 |
J. Kent Masters |
0 | 0 |
Franco Baseotto |
6,988 | 68,364 |
Gary Nedelka |
0 | 0 |
Michelle Davies |
0 | 0 |
Beth Sexton |
17,888 | 268,919 |
Peter Rose |
0 | 0 |
Lisa Wood |
0 | 0 |
Rakesh Jindal |
12,283 | 86,004 |
Jon Nield |
0 | 0 |
Clayton Daley |
0 | 0 |
Edward Galante |
0 | 0 |
John Malcolm |
0 | 0 |
Stephanie Newby |
0 | 0 |
Roberto Quarta |
0 | 0 |
Henri Philippe Reichstul |
0 | 0 |
Maureen Tart-Bezer |
0 | 0 |
Scott Lamb |
0 | 0 |
| Name | Shares Traded | Price |
|---|---|---|
JINDAL RAKESH K |
6,710 | $0.00 |
SEXTON BETH B |
6,718 | $21.74 |
BASEOTTO FRANCO |
12,157 | $21.74 |
SEXTON BETH B |
14,764 | $0.00 |
JINDAL RAKESH K |
2,763 | $21.74 |
BASEOTTO FRANCO |
29,529 | $0.00 |
MASTERS J KENT |
2,270 | $0.00 |
MASTERS J KENT |
2,270 | $0.00 |
NIELD JONATHAN C |
355 | $0.00 |
DAVIES MICHELLE K |
911 | $20.75 |
MALCOLM JOHN M |
1,720 | $0.00 |
DEMETRIOU STEVEN J |
611 | $20.75 |
REICHSTUL HENRI PHILIPPE |
1,720 | $0.00 |
SEXTON BETH B |
1,973 | $20.75 |
NIELD JONATHAN C |
492 | $20.75 |
JINDAL RAKESH K |
1,098 | $20.75 |
WOOD LISA ZARDET |
1,377 | $0.00 |
SEXTON BETH B |
2,294 | $0.00 |
DAVIES MICHELLE K |
474 | $0.00 |
TART-BEZER MAUREEN B |
1,720 | $0.00 |
BASEOTTO FRANCO |
6,022 | $0.00 |
JINDAL RAKESH K |
871 | $0.00 |
NEDELKA GARY T |
3,436 | $20.75 |
WOOD LISA ZARDET |
871 | $0.00 |
ROSE PETER D |
663 | $0.00 |
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