People: Ivanhoe Energy Inc (IVAN.PH)
IVAN.PH on Philadelphia Stock Exchange
0.69USD
20 Mar 2013
0.69USD
20 Mar 2013
Price Change (% chg)
$-0.06 (-8.46%)
$-0.06 (-8.46%)
Prev Close
$0.75
$0.75
Open
$0.69
$0.69
Day's High
$0.69
$0.69
Day's Low
$0.69
$0.69
Volume
1,000
1,000
Avg. Vol
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52-wk High
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52-wk Low
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Summary
| Name | Age | Since | Current Position |
|---|---|---|---|
Carlos Cabrera |
61 | 2011 | Executive Chairman of the Board |
Robert Friedland |
62 | 2011 | Executive Co-Chairman of the Board |
Gerald Schiefelbein |
54 | 2012 | Chief Financial Officer, Senior Vice President - Finance |
Michael Silverman |
59 | 2012 | Senior Vice President - Downstream Technology, Chief Technology Officer |
Marlene Duff |
62 | 2012 | Senior Vice President - Human Resources |
K. C. Patrick Chua |
57 | 1999 | Senior Vice President |
Joseph Kuhach |
51 | 2012 | Senior Vice President - Upstream Technology & Integration |
Gerald Moench |
64 | 1999 | Senior Vice President |
Santiago Pastor Morris |
54 | 2012 | Senior Vice President; President and General Manager of Ivanhoe Energy Ecuador Inc. |
Greg Phaneuf |
43 | 2012 | Senior Vice President - Business Development and Corporate Strategy |
Edwin Veith |
54 | 2012 | Senior Vice President - Canadian Projects |
A. Robert Abboud |
83 | 2011 | Lead Independent Director |
Peter Meredith |
69 | 2007 | Director |
Alexander Molyneux |
38 | 2010 | Director |
Howard Balloch |
61 | 2002 | Independent Director |
Brian Downey |
71 | 2005 | Independent Director |
Robert Graham |
59 | 2007 | Independent Director |
Robert Pirraglia |
63 | 2005 | Independent Director |
Hilary McMeekin |
IR Contact Officer |
Biographies
| Name | Description |
|---|---|
Carlos Cabrera |
Mr. Carlos A. Cabrera is Executive Chairman of the Board of Ivanhoe Energy Inc. Mr. Cabrera has been a director of the Company since May 2010 and was appointed as Executive Chairman of the Company in December 2011. Mr. Cabrera is the former Chairman (January 2009 to July 2009), President and Chief Executive Officer (from December 2006 to January 2009) of UOP LLC, a Honeywell company. Mr. Cabrera served as the President and Chief Executive Officer of the National Institute of Low Carbon and Clean Energy (NICE), a wholly owned subsidiary of the Shenhua Group, based in Beijing, China, from December 2009 to November 2011. Since June 2010, Mr. Cabrera has also served as a director of GEVO, Inc., a publicly traded biotechnology company, and is a member of its Nominating and Corporate Governance and Audit Committees. In January 2012, he joined the Board of Directors of the Gas Technology Institute, a US based research institute, development and training organization serving energy and environmental markets. Mr. Cabrera has been a member of the Executive Board of Big West Oil LLC, a private US oil company, since December 2011. Mr. Cabrera also serves as a Distinguished Associate to the World Energy Consultancy Firm FACTS. Mr. Cabrera serves on the Global Advisory Board of the University of Chicago’s Booth School of Business. During Mr. Cabrera’s 36 years in the refining and petrochemicals industry, he has been granted seven U.S. patents, authored numerous publications and frequently serves on industry panels as a recognized business and technical leader. He has a Bachelor of Science degree in chemical engineering from the University of Kentucky and a Master’s degree in business administration from the University of Chicago. |
Robert Friedland |
Mr. Robert Martin Friedland is Executive Co-Chairman of the Board of Ivanhoe Energy Inc. Mr. Friedland has been Founder and Executive Co-Chairman of the Company since May 2008. A co-founder of the Company, Mr. Friedland has been a director since February 1995. He was formerly Deputy Chairman from June 1999 to May 2008, President from May 2008 to May 2010 and Chief Executive Officer from May 2008 to December 2011. Mr. Friedland has served on the Company’s Executive Committee since its formation in October 2008 and was Chair of the Executive Committee from October 2008 to December 2011. Mr. Friedland founded Ivanhoe Mines Ltd. (now Turquoise Hill Resources Ltd.) and was Executive Chairman from March 1994 to April 2012 and Chief Executive Officer from October 2010 to April 2012. He also is the founder of Ivanplats Limited (formerly Ivanhoe Nickel & Platinum Ltd.), a public company presently advancing mineral projects in Africa, has been Ivanplats’ Executive Chairman since November 2000 and was President from June 2003 to May 2008. Mr. Friedland founded Ivanhoe Capital Corporation and has been its Chairman since 1991 and President since 1988. Ivanhoe Capital is a private, Singapore-based company specializing in providing venture capital and project financing for international business enterprises, predominantly in the fields of energy and minerals. He was Chairman of Potash One Inc., a Canadian public company, from May 2009 to January 2011. |
Gerald Schiefelbein |
Mr. Gerald D. Schiefelbein is Chief Financial Officer, Senior Vice President - Finance of Ivanhoe Energy Inc. Mr. Schiefelbein has been the Chief Financial Officer of the Company since November 2009 and Senior Vice President, Finance since September 2012. He brings 26 years of finance experience in the international oil and gas industry, having worked in North America, Europe and the Middle East with the BP Group and Amoco. Immediately prior to joining the Company, Mr. Schiefelbein was Chief Financial Officer with Chicago-based BP plc, Integrated Supply & Trading from September 2007 to February 2009, where he led the finance department for BP's crude and oil-products supply and trading operations in the Americas. Prior to his appointment as Chief Financial Officer of BP plc, Integrated Supply & Trading, Mr. Schiefelbein served as Controller from February 2006 to September 2007. |
Michael Silverman |
Dr. Michael A. Silverman is Senior Vice President - Downstream Technology, Chief Technology Officer of Ivanhoe Energy Inc. Dr. Silverman was appointed Senior Vice President, Downstream Technology in September 2012 and has served as the Chief Technology Officer of the Company since September 2007. He previously served as the Executive Vice President, Technology from September 2007 to September 2012. From May, 2007 to September, 2007 he was Vice President, Technology. Since joining the Company in 2007, Dr. Silverman has been responsible for all technical aspects of the Company's proprietary HTL upgrading process. This includes interfacing with engineering firms in the design of commercial HTL installations, technology development and intellectual property management. Dr. Silverman has almost 30 years of experience in technology development and management, including the commercialization and marketing of new technologies. Dr. Silverman served as Vice President, Petrochemicals (May 2004 to May 2007) and Director, Technology Center (May 2000 to May 2004) for Kellogg, Brown and Root, now KBR, Inc. Prior to joining KBR, Dr. Silverman was the Manager of Technology Development for Stone & Webster, Inc. where he managed all aspects of technology development in the refining business, including FCC's and several heavy oil upgrading technologies. Earlier experience included the management of fluid catalytic cracking for Tenneco Oil Company, and an assistant professorship in Chemistry at Rutgers University. |
Marlene Duff |
Ms. Marlene A. Duff is Senior Vice President - Human Resources of Ivanhoe Energy Inc., since September 2012. Previously, Ms. Duff was the Vice President, Human Resources from October 2008 to September 2012. Ms. Duff is responsible for company-wide human resource strategy, staffing, compensation & benefits, organizational design, talent management and human resource administrative services on behalf of the Company. Prior to joining Ivanhoe in 2008, Ms. Duff held human resource management positions in oilfield services, banking, chemicals and E&P in both domestic and international organizations. |
K. C. Patrick Chua |
Mr. K. C. Patrick Chua is Senior Vice President of Ivanhoe Energy Inc., since June 1999. He is Chairman of the Company’s wholly owned subsidiary, Sunwing Energy Ltd., since April 2004. From March 2000 to April 2004 he was President of Sunwing Energy Ltd. Mr. Chua spent the early years of his career evaluating and conducting economic analysis of oil and gas assets. Since 1992, he has shifted his career focus to China. Under his leadership, Sunwing Energy signed three production-sharing contracts with the Chinese government to develop proven oil and gas reserves in China. Mr. Chua has been a member of the Canadian Institute of Mining, Metallurgy and Petroleum since 1975 and is the recipient of the Petroleum Society Fellowship Award in both 1980-81 and 1981-82. He served in many executive positions with the Petroleum Society of Canada and was the Chairman of the Calgary Section in 1992-93. He has been a member of the Chinese People's Political Consultative Conference (CPPCC) of Beijing Chaoyang District since December 2006. |
Joseph Kuhach |
Mr. Joseph D. Kuhach is Senior Vice President - Upstream Technology & Integration of Ivanhoe Energy Inc., since September 2012. Mr. Kuhach is responsible for global upstream technology and for providing strategic leadership in assessing and developing the Company’s assets. He has 27 years of energy industry experience focused predominantly on heavy oil recovery and upgrading. Mr. Kuhach was the Vice President, Engineering, Upstream and Integration with the Company from August 2008 to September 2012. Prior to joining the Company in 2005, Mr. Kuhach spent 20 years with Shell and its subsidiaries in engineering and management positions. As Manager of Technology he oversaw heavy oil recovery efforts for Shell’s thermal assets including Belridge, Cymric, McKittrick, and Lost Hills fields. During his time with Shell, Mr. Kuhach was in advancing horizontal well implementation in thermal recovery applications. He led the effort to design and implement Shell’s first grass roots thermal horizontal well project. Mr. Kuhach has published numerous papers and is a past technical editor for Society of Petroleum Engineering (SPE) Reservoir Evaluation and Engineering magazine. |
Gerald Moench |
Mr. Gerald G. Moench is Senior Vice President of Ivanhoe Energy Inc., since June 1999. In September 2012, Mr. Moench was appointed General Manager of Sunwing Holding Corporation, the company's Asian-focused subsidiary. He has served as President and director of Sunwing Holding’s wholly owned subsidiary, Sunwing Energy Ltd., since April 2004. Mr. Moench has over 44 years of operating and management experience, 30 of which have been focused in Southeast Asia and China, and most recently over 14 years directly in China. He has been involved in the development of Sunwing Energy Ltd. since 1996 and has overall responsibility for the operating functions of Sunwing Energy Ltd. including production-sharing contract negotiation, contract execution and government and corporate issues. He has held various senior management positions with Canadian and overseas companies specializing in drilling, production, and completion operations and has been involved in operations in Australia, Indonesia, and China. |
Santiago Pastor Morris |
Mr. Santiago Pastor Morris Senior Vice President; President and General Manager of Ivanhoe Energy Ecuador Inc., a subsidiary Company of Ivanhoe Energy Inc., since September 2012. Previously, he served as Vice President, Operations of Ivanhoe Energy Ecuador from May 2010 to September 2012. Mr. Pastor Morris was Operations Manager for Petrobras Energia Ecuador from January 2005 until May 2010. He has over 24 years of experience in upstream design, construction, and operations in the international oil and gas industry. His experience has taken him beyond Latin America to the USA and Europe, working with companies like Texaco, Petroecuador, Oryx Energy Company, Kerr McGee Ecuador Energy Corporation, Perenco Energy Ecuador, and Petrobras Energia Ecuador. |
Greg Phaneuf |
Mr. Greg G. Phaneuf is Senior Vice President - Business Development and Corporate Strategy of Ivanhoe Energy Inc., since September 2012. He previously served as Executive Vice President, Corporate Development of the Company from March 2011 to September 2012 and as Senior Vice President, Corporate Development from September 2010 to March 2011. Mr. Phaneuf is responsible for the overall approach and execution on the Company's existing corporate development projects, as well pursuing new corporate development initiatives. He also leads the Investor Relations and Communications Department and is a key spokesperson in dealing with the investment community. Prior to joining Churchill, Mr. Phaneuf was Vice President and Chief Financial Officer of Seven Generations Energy, a private energy resource and development company, and from September 2004 to October 2007, he was the Treasurer for Western Oil Sands Inc., where he actively participated in that company's financings, M&A activities and risk management functions. |
Edwin Veith |
Mr. Edwin J. Veith is Senior Vice President - Canadian Projects of Ivanhoe Energy Inc., since September 2012. He previously served as Executive Vice President, Upstream from September 2007 to September 2012. Mr. Veith has also been Vice President, HTL Technology of Ivanhoe Energy (USA) Inc. from November 2005 until June 2009. Mr. Veith has over 25 years of experience in the oil industry with a focus on heavy oil recovery techniques. Mr. Veith joined the Company in 2001 from Aera Energy, a California joint venture of Shell and ExxonMobil, where he had responsibility for heavy oil development and operations in the giant Belridge and Cymric heavy oil fields in California. He managed thermal horizontal and vertical well development projects using state of the art reservoir management techniques and utilized advanced 3-D reservoir visualization methods to integrate complex data sets. He planned new project expansions and investigated new development scenarios using reservoir simulation and advanced economic modeling. Mr. Veith previously worked with Insight Energy, LLC, Bechtel and Williams Brothers. As President of Insight Energy, LLC, Mr. Veith evaluated oil fields for acquisition and joint ventures. |
A. Robert Abboud |
Mr. A. Robert Abboud is Lead Independent Director of Ivanhoe Energy Inc., since May 2006. He was Co-Chairman of the Company from May 2006 to December 2011. Mr. Abboud has been President and Chief Executive Officer of A. Robert Abboud and Company, a private investment company, since 1984, and has had a 46-year career in oil and gas, banking and foreign affairs. He was previously President and Chief Operating Officer of Occidental Petroleum Corporation, Chairman and Chief Executive Officer of First Chicago Corporation and The First National Bank of Chicago, Chairman and Chief Executive Officer of First City Bancorporation of Texas, Chairman of ACB International, Ltd., a joint venture that included the Bank of China and a subsidiary of the Chinese Ministry of Foreign Relations and Trade. Mr. Abboud has served as a member of the Board of Directors of AMOCO and as a Board and Compensation Committee member as well as Audit Committee Chairman for AAR Corporation, Alberto-Culver Company, Hartmarx Corporation, ICN Pharmaceuticals Inc. and Inland Steel Industries. Mr. Abboud holds a Bachelor of Arts (Cum Laude) from Harvard College, a J.D. from Harvard Law School and a Master of Business Administration from HarvardBusiness School, and is a member of the Illinois and Massachusetts Bar Associations, as well as the Federal Bar and American Bar Associations. |
Peter Meredith |
Mr. Peter Graham Meredith, CA, is Director of Ivanhoe Energy Inc., since December 2007. He serves as a member of the Executive Committee. He previously served as a director from 1996 to 1999 and as the Company’s Chief Financial Officer from June 1999 to January 2000. Mr. Meredith has been Deputy Chairman of Ivanhoe Mines Ltd., since May 2006 and was Chief Financial Officer of Ivanhoe Mines Ltd. from May 2004 to May 2006 and from June 1999 to November 2001. He is also the Chairman (since October, 2009) and was previously Chief Executive Officer (June 2007 to October 2009) of SouthGobi Resources Ltd., and served as Chief Financial Officer of Ivanhoe Capital Corporation from June 2001 to March 2009. Prior to joining the Company, Mr. Meredith spent 31 years with Deloitte & Touche LLP, Chartered Accountants, where he retired as a partner in 1996. He was a member of its Canadian board of directors from 1991 to 1996. Mr. Meredith is a Chartered Accountant and is a member of the Institute of Chartered Accountants of British Columbia, the Institute of Chartered Accountants of Ontario and the Ordre des Comptables Agrees du Quebec. |
Alexander Molyneux |
Mr. Alexander A. Molyneux is Director of Ivanhoe Energy Inc., since May 2010. Mr. Molyneux has been the Executive Chairman of Celsius Coal Limited (ASX:CLA) since December 2012. He has also served as a non-executive director of Goldrock Mines Corp. (TSX:GRM), a mining development and exploration company, since December 2012. Mr. Molyneux was the President (April 2009 to September 2012), Chief Executive Officer (October 2009 to September 2012) and a director (October 2009 to September 2012) of SouthGobi Resources Ltd. (TSX:SGQ, HK:1878). Mr. Molyneux was Head of Metals and Mining Investment Banking for Citigroup where he established a metals and mining investment banking business in Asia. During his career at Citigroup and UBS, he advised on coal-related public offerings, mergers and acquisitions, bond and debt offerings totaling several billion dollars. Mr. Molyneux holds a Bachelor’s degree in Economics from Monash University in Australia. |
Howard Balloch |
Mr. Howard Robert Balloch is Independent Director of Ivanhoe Energy Inc., since January 2002. Mr. Balloch chairs the Compensation and Human Resources Committee, and is a member of the Nominating and Corporate Governance and Executive Committees. From January 2011 until March 2013, he served as Chairman of Canaccord Genuity Asia Limited, the Asian subsidiary of Canaccord Financial Inc. which acquired in 2011 The Balloch Group, an investment advisory firm Mr. Balloch founded in 2001. A veteran Canadian diplomat, Mr. Balloch served as Canada’s ambassador to the People’s Republic of China, Mongolia and the Democratic People’s Republic of Korea between 1996 and 2001, at the end of a 25-year career in the Government of Canada’s Department of Foreign Affairs and International Trade and the Privy Council Office. Mr. Balloch is Vice Chairman of the Canada China Business Council, having served as its President between 2001 and 2006. Mr. Balloch holds a Bachelor of Arts (Honours) degree in Political Science and Economics and a Master of Arts in International Relations from McGill University, after which he pursued further studies at the University of Toronto and at Fondation Nationale de Sciences Politiques in Paris. |
Brian Downey |
Mr. Brian F. Downey serves as an Independent Director of Ivanhoe Energy Inc., since July 2005. Mr. Downey also serves as a member of the Compensation and Human Resources Committee and the Nominating and Corporate Governance Committee. Mr. Downey has been President of Downey & Associates Management Inc., a real estate holding company, since July 1986, and Financial Advisor to Lending Solutions, Inc., a full-service loan call centre located in the US whose clients are primarily US and Canadian financial institutions, since January 2002. From 1995 to 2002 he was a principal and served as Chief Executive Officer (“CEO”) of Lending Solutions, Inc., and from 1986 to 1995 he served as President and Chief Executive Officer of Credit Union Central of Canada, the national trade association and national liquidity facility for all credit unions in Canada. Mr. Downey has a Certified Management Accountant (CMA) designation acquired through the University of Manitoba and is a Member of the Society of Management Accountants of Ontario. |
Robert Graham |
Mr. Robert G. Graham is Independent Director of Ivanhoe Energy Inc. Dr. Graham has been a director of the Company since April 2005 and served as the Company’s Chief Technology Officer from April 2007 to September 2007. Dr. Graham co-founded Ensyn and served on the board and in various senior executive roles with Ensyn until it was acquired by the Company in 2005. Since then, he has served as Chairman (since June 2007) and Chief Executive Officer (since July 2008), and President and Chief Executive Officer (from April 2005 to June 2007) of Ensyn Corporation. Dr. Graham has been working on the commercial development of the RTP™ biomass refining and petroleum upgrading technologies since the early 1980s. This work culminated in the development of commercial RTP applications in the wood industry in the late 1980’s and the establishment of Ensyn Renewables Inc. to capitalize on commercial projects for this business. In 1997, Dr. Graham initiated the application of this commercial RTP™ technology in the petroleum industry. Dr. Graham holds Bachelor of Science and Bachelor of Science Honours degrees from Carlton University, and a Master of Engineering and Ph.D. in Chemical Engineering from the University of Western Ontario. |
Robert Pirraglia |
Mr. Robert A. Pirraglia serves as an Independent Director of Ivanhoe Energy Inc., since April 2005. He acted as the Chair of the Business Development Committee from August 2007 until May 2008. Mr. Pirraglia is an engineer and attorney with more than 25 years of experience in the development of energy projects and projects employing innovative technologies. He served on the board of Ensyn Group, Inc. starting in 1996, and was also Chief Operating Officer of Ensyn Group, Inc. from September 1998 to April 2005. He was appointed the President of Ensyn Corporation in June 2011 and was its Chief Operating Officer and Vice President from April 2005 to October 2007 and its Executive Vice President from October 2007 to June 2011. Mr. Pirraglia has been a member of the Management Committee of Envergent Technologies LLC since October 2007. In addition to being a founder and manager of several energy and waste processing companies, Mr. Pirraglia has provided management and business consulting services to various US, Canadian and European companies. Mr. Pirraglia holds a Bachelor of Electrical Engineering degree from New York University and a J.D. from Fordham University School of Law. |
Hilary McMeekin |
Basic Compensation
| Name | Fiscal Year Total |
|---|---|
Carlos Cabrera |
3,547,790 |
Robert Friedland |
1,497,800 |
Gerald Schiefelbein |
939,800 |
Michael Silverman |
1,022,740 |
Marlene Duff |
-- |
K. C. Patrick Chua |
334,230 |
Joseph Kuhach |
1,250,000 |
Gerald Moench |
188,760 |
Santiago Pastor Morris |
-- |
Greg Phaneuf |
-- |
Edwin Veith |
1,110,010 |
A. Robert Abboud |
-- |
Peter Meredith |
-- |
Alexander Molyneux |
-- |
Howard Balloch |
-- |
Brian Downey |
-- |
Robert Graham |
-- |
Robert Pirraglia |
-- |
Hilary McMeekin |
-- |
As Of 30 Dec 2012
Options Compensation
| Name | Options | Value |
|---|---|---|
Carlos Cabrera |
0 | 0 |
Robert Friedland |
0 | 0 |
Gerald Schiefelbein |
0 | 0 |
Michael Silverman |
0 | 0 |
Marlene Duff |
0 | 0 |
K. C. Patrick Chua |
572,000 | 417,355 |
Joseph Kuhach |
0 | 0 |
Gerald Moench |
195,000 | 10,650 |
Santiago Pastor Morris |
0 | 0 |
Greg Phaneuf |
0 | 0 |
Edwin Veith |
0 | 0 |
A. Robert Abboud |
0 | 0 |
Peter Meredith |
0 | 0 |
Alexander Molyneux |
0 | 0 |
Howard Balloch |
0 | 0 |
Brian Downey |
0 | 0 |
Robert Graham |
0 | 0 |
Robert Pirraglia |
0 | 0 |
Hilary McMeekin |
0 | 0 |

