People: Ultrapetrol (Bahamas) Ltd (ULTR.O)

ULTR.O on Nasdaq

2.89USD
10:09am EDT
Price Change (% chg)

$0.03 (+1.05%)
Prev Close
$2.86
Open
$2.83
Day's High
$2.89
Day's Low
$2.83
Volume
7,400
Avg. Vol
72,370
52-wk High
$3.05
52-wk Low
$0.64

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Summary

Name Age Since Current Position

Felipe Menendez Ross

 58 1997 President, Chief Executive Officer, Director

Cecilia Yad

 2013 Chief Financial Officer

Ricardo Menendez Ross

 63 Executive Vice President, Director; CEO of UP Offshore.

Leonard Hoskinson

 59 2013 Vice President - International Finance, Secretary

Alberto Deyros

 57 2006 Chief Accountant

Gonzalo Alende Serra

 42 2012 Director

Fernando Barros Tocornal

 55 2010 Director

Eduardo Quintana

 57 2012 Director

Horacio Reyser

 42 2012 Director

George Wood

 67 2006 Independent Director
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Biographies

Name Description

Felipe Menendez Ross

 Mr. Felipe Menendez Ross is President, Chief Executive Officer and Director of Ultrapetrol (Bahamas) Ltd. Mr. Menendez Ross commenced his career in shipping in 1974. He is President and has been a Director of Ultrapetrol S.A. since its incorporation in 1992 as well as the President and CEO of UABL. Mr. Menendez is also a Director of SIPSA S.A., or SIPSA, a Chilean publicly traded company controlled by the Menendez family. Mr. Menendez has been, and continues to be, actively involved in other businesses associated with the Menendez family, as well as other companies affiliated with SIPSA.

Cecilia Yad

 Ms. Cecilia Yad is Chief Financial Officer of Ultrapetrol (Bahamas) Limited. Ms. Yad is a Certified Public Accountant with over 25 years of finance experience working with diverse multinational companies. Most recently, she was the CFO for Iberia-Latin America of ISS, a Danish-based services company. Prior to ISS, she held planning, accounting and finance executive positions with Clorox, a U.S. consumer goods company where she worked for 10 years. She also worked for Energizer, Deloitte, and the Royal Bank of Canada, where she gained substantial experience in cost accounting, auditing and credit analysis.

Ricardo Menendez Ross

 Mr. Ricardo Menendez Ross is Executive Vice President, Director of Ultrapetrol (Bahamas) Ltd and CEO of UP Offshore, a subsidiray of the company. Mr. Menendez began his career in the shipping industry in 1970 with Compania Chilena de Navegacion Interoceania S.A. and has continuously been involved in the management of the Menendez family's shipping interests. He is the President of Oceanmarine and has been the Executive Vice President and a Director of Ultrapetrol S.A. since it was formed in 1992. Mr. Menendez is also a Director of SIPSA and remains involved in the management of other Menendez family businesses. Mr. Menendez has been a member of the board of The Standard Steamship Owners' Protection & Indemnity Association (Bermuda) Limited (a member of the International Group of Protection & Indemnity Associations) since 1993 and is currently its Chairman. Mr. Menendez is also a Director of UABL.

Leonard Hoskinson

 Mr. Leonard J. Hoskinson is Vice President - International Finance, Secretary of Ultrapetrol (Bahamas) Limited. Mr. Hoskinson has been employed by the Company and its affiliates for over 23 years. Prior to that, he had an international banking career spanning over 20 years specializing in ship finance and culminating as the Head of Shipping for Marine Midland Bank NA in New York (now part of the HSBC banking group). He is also a Director of UABL.

Alberto Deyros

 Mr. Alberto G. Deyros is Chief Accountant of Ultrapetrol (Bahamas) Ltd. Mr. Deyros has been employed by the Company and its subsidiaries for more than ten years. Prior to that, he specialized in ship administration management over a period of more than 20 years. Mr. Deyros is a Certified Public Accountant and a graduate of Universidad de Buenos Aires.

Gonzalo Alende Serra

 Mr. Gonzalo Alende Serra is Director of Ultrapetrol (Bahamas) Ltd. He joined Southern Cross in 2007 after a 16-year career working in finance at several world-class companies with a regional focus. Prior to joining Southern Cross, Mr. Alende served as Compliance Manager and Global Risk Manager for Tenaris from 2003 to 2006 and Vice President, Investor Relations for Impsat in 2002. Prior to that, he worked as a management consultant with Arthur D. Little and McKinsey and as an auditor with PricewaterhouseCoopers, then Price Waterhouse. Mr. Alende received his Accounting degree from the Universidad de Belgrano in Buenos Aires, and his MBA from the University of London (Imperial College). He is a CFA Charterholder.

Fernando Barros Tocornal

 Mr. Fernando Barros Tocornal is Director of Ultrapetrol (Bahamas) Ltd. Mr. Barros is an Attorney and founding partner of the Chilean law firm of Barros & Errazuriz. Mr. Barros has experience in commercial, corporate and tax law, with practice in connection with the creation and development of financial, industrial and service companies. Likewise, Mr. Barros is a member of the National Board of Arbitrators, appointed by the President of Chile and is also a member of the Arbitration and Mediation Center of the Chamber of Commerce of Santiago and of the National Center of Arbitration, as well as acting as a private arbitrator. As part of his academic activities, Mr. Barros was a professor of Commercial and Economic Law; he is a member of the Board of Universidad Finis Terrae, where he also served as Dean of the School of Law between 2000 and 2003. He is also a member of the Consulting Committee of the Pro Bono Foundation of Chile and part of the board of the Chilean non profit association for the entrepreneur development and corporate governance, ICARE. Mr. Barros is also a Director of Chilean listed companies including SIPSA S.A., the Chilean parent company of Ultrapetrol (Bahamas) Ltd.

Eduardo Quintana

 Mr. Eduardo Ojea Quintana is Director of Ultrapetrol (Bahamas) Ltd. He is currently the President of the Board of Directors of Transportadora de Gas del Norte S.A. and a member of the board of directors of several other energy companies in South America. He was elected Director of the Company in December 2012. He has served as a member of the Argentine Chamber of Oil Companies, part of the Argentine Institute of Oil and Gas, the Argentine Council for the Sustainable Development Companies and the Academy Center for the Energy Regulatory Activity. He also represented Argentina on the Executive Committee for the International Gas Union. Mr. Ojea Quintana holds a degree in Law from the University Museo Social Argentino.

Horacio Reyser

 Mr. Horacio Reyser is Director of Ultrapetrol (Bahamas) Ltd. He is a partner with Southern Cross and has been with the firm since 1998. Prior to joining Southern Cross, Mr. Reyser worked for INFUPA, a regional M&A advisory firm. Mr. Reyser also worked for the Techint Group, initially in strategic planning at Tenaris-Siderca and later at Siderar-Ternium, where he focused on a wide variety of operational projects and strategic acquisitions. Mr. Reyser holds a degree in Industrial Engineering from Instituto Tecnológico de Buenos Aires (ITBA) and completed an Advanced Management Program at Harvard Business School.

George Wood

 Mr. George Wood is Independent Director of Ultrapetrol (Bahamas) Ltd. He has recently retired as managing director of Chancery Export Finance LLC (Chancery), a firm licensed by the Export Import Bank of the United States of America (ExIm Bank). Chancery provides ExIm Bank guaranteed financing for purchase of U.S. manufactured capital goods by overseas buyers. Prior to his designation as Managing Director of Chancery, Mr. Wood worked as Managing Director of Baltimore based Bengur Bryan & Co. (Bengur Bryan) providing investment-banking services to transportation related companies in the global maritime, U.S. trucking, motor coach and rail industries. Before his employment with Bengur Bryan in 2000, Mr. Wood was employed for 27 years in various managerial positions at the First National Bank of Maryland which included managing the International Banking Group as well as the bank's specialized lending divisions in leasing, rail, maritime and motor coach industries, encompassing a risk asset portfolio of $1.2 billion. Mr. Wood is a member of the board of Baltic Trading Inc. as well as part of the Audit Committee and Nominating and Governance Committee. Baltic Trading Inc. is a shipping company focused on the dry bulk industry spot market and is currently trading on the NYSE. Mr. Wood holds a B.S. in Economics and Finance from University of Pennsylvania and an MBA from University of North Carolina and became a CPA in 1980. Mr. Wood presently serves as member of the Boards of Atlanta-based Infinity Rails and Wawa Inc. Mr. Wood recently served for two years on the Board of LASCO Shipping Co.

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