John Kelly
Chairman of the Board
John Kelly was appointed Chairman of the Board on September 15, 2009. Mr. Kelly is recognized as a pioneer in Canadian technology with over 35 years of entrepreneurial and executive experience in this sector. Mr. Kelly is currently Chairman and Partner of Enable Business Advisors Inc.
Previously he was President and CEO of Clearford Industries Inc. from 2008 until 2009 and CEO of JetForm Corporation from 1995 until joining Reid Eddison in 1999, where he was a principal until 2008. From 2001 until 2007, Mr. Kelly was Chairman of NexInnovations Inc. Prior to that, he founded Why Interactive, was a founder of Computer Innovations Distribution Inc. and Nabu Network Corporation, and was also a founder of SHL Systemhouse Ltd. (since acquired by EDS). He is currently Co-Chair of Canadian Advanced Technology Alliance (CATA), Canada’s largest association representing the Canadian advanced technology industry to Government and the public. Mr. Kelly has received many honors and awards including Master Entrepreneur of the Year, Ontario (1997), Most Respected CEO, Ottawa (1998), Civic Entrepreneur of the Year, Ottawa (1999) and Ottawa’s Business Man of the Year (2001). In November 2004, Mr. Kelly was inducted into the Canadian Information Productivity Awards (CIPA) Hall of Fame and in May 2005, he received the United Way Volunteer of the Year Award. He holds an honors B.B.A. degree in Finance (Iona College, New Rochelle, New York), an honors Law degree (University of Ottawa, Ottawa, Canada) and an honorary Doctorate from the University of Ottawa (Ottawa, Canada).
William M. Crossland, B. Sc, MBA
President & CEO; Director
Mr. Crossland was appointed President and Chief Executive Officer of Thermal Energy International Inc. on August 7, 2009. He is an accomplished corporate finance and corporate development professional with over 20 years experience successfully executing a broad range of debt, equity and merger and corporate acquisition transactions.
Previously as Managing Director of Corporate and Investment Banking at a major Canadian bank, and more recently as an independent consultant, his focus was assisting renewable and alternative energy and clean tech companies execute their business plans and realize their full potential. This assistance included: capital structuring, public and private debt and equity financing, project development and finance, merger and acquisition execution and advisory, strategic advisory, general management and Board of Directors and Advisory Board roles. As a result his experience in this sector encompasses more than 20 equity, debt and corporate development transactions totaling over $2 billion with a wide range of alternative energy companies, projects and technologies including hydro, wind, biomass, starch based ethanol, cellulosic ethanol, landfill gas to electricity, municipal solid waste electricity, heat recovery and biogas.
R. James (Jim) Ansell
Director
Mr. Ansell is Vice President & Chief Development Officer of Alternity Wind Power, LLC of South Plainfield, New Jersey and Tucson, Arizona, a private holding company which develops, operates and maintains cost-effective production operations specializing in wind renewable energy projects in the United States. Previously, he was a founding Member of Generation Resources Holding Co, LLC of Leawood, Kansas, Chairman of the FirstEnergy Sustainable Energy Funds and sat on the Board of Directors of the Pennsylvania Environmental Council. Prior to founding Generation Resources, Mr. Ansell was Vice President, Strategic Development and Alliances for Black & Veatch, a $2 billion USD global construction and engineering firm specializing in energy, water and information technology projects. Mr. Ansell has also held executive and senior management positions with a number of other major companies including Inter-Power/AhlCon Partners, LP, ABB Impell Corporation, and the Babcock & Wilcox Company.
Michael Williams
Director & Chairman Audit Committee
Mr. Williams is currently an Associate Portfolio Manager with Independent Accountants Investment Counsel Inc. He possesses a background which will be of great benefit to Thermal Energy, having spent nine years with Honeywell Limited in the role of Sales Manager and Senior Account Executive, where he was the lead sales liaison for the Thermal Energy relationship.
Additionally, Mr. Williams spent two years with Johnson Controls as the Manager of Program Development in Eastern Canada, where he was responsible for the management of an engineering team mandated with the development of technical and financial solutions and the performance of energy retrofit programs. At Johnson Controls, he was also instrumental in working with Thermal Energy to develop and execute the cooperative agreement between the two organizations.
Don Gibbs
Director
Mr. Gibbs is the President, Chief Executive Officer and a director of AirIQ Inc., a TSX Venture Exchange listed company specializing in telematics services. He has a long history with Canadian technology companies, staring his career with Leigh Instruments and then moving to Mitel Corporation for eight years as its CFO and COO. During this period Mitel was listed as a public company, was active on several stock exchanges, and grew in sales revenue to $250 million. Later Mr. Gibbs was appointed CFO of Cognos Inc. and held that position at the time of Cognos’ initial public offering. This was followed by a position as President and CEO of Gandalf Systems Inc. He later founded Positron Fibre Systems Corporation by spinning it out of a private Montreal company. In three years Positron Fibre Systems went public on NASDAQ and was sold for US$250 million. Prior to joining AirIQ, Mr. Gibbs was Chairman and CEO of Tarquin Group Inc., a TSX Venture Exchange listed company.
William Ollerhead, B.A., MBA
Director
Mr. Ollerhead is the principal of Ollerhead Capital, a corporate finance consultancy operating as a division of Chunkerhead Ltd., a private family owned investment and management services company. Mr. Ollerhead founded and is the CFO and Managing Director of Chunkerhead Ltd., where he actively manages that company’s investment portfolio and administers its other management operations.
He has over 20 years of experience in the capital markets and corporate finance field, with the majority devoted principally to fixed income private placements. He was also the founder of Ollerhead Capital Corporation, in 1997, which, until its sale in December of 2009, provided advisory services in respect of the structuring and arranging of private debt financing, for transactions totaling approximately $800 million. Previously, Mr. Ollerhead worked for an independent full service investment dealer as a member of both its Corporate Finance and Fixed Income Sales and Trading departments. Prior to that, he worked with two Canadian institutional investors, latterly co-administering approximately $2 billion in private placement investments. Mr. Ollerhead began his career in the capital markets working as the sole equity analyst alongside the portfolio manager of a Canadian equity portfolio, for the Canadian subsidiary of one of North America’s largest insurance companies. His investment and capital markets experience has provided him with exposure to, and knowledge of, a broad range of industries. Mr. Ollerhead holds a B.A. with a concentration in Statistics from the University of Western Ontario, and an M.B.A. with a concentration in Finance from McGill University. In 2010, Mr. Ollerhead completed the Directors Education Program at the Institute of Corporate Directors at the Rotman School of Management, University of Toronto. He is a member of the board of directors of BioExx Specialty Proteins Ltd. where he serves as chairman of the board, chairman of the Corporate Governance Committee, and as a member of the Audit Committee. He is also a member, and chairs the Audit Committee, of the board of directors of United Reef Limited.
