Dr. Randell L. Mills Chairman of the Board, President and CEO
Dr. Shelby T. Brewer Director, Vice President - Corporate
William R. Good Assistant Corporate Secretary, Vice President - Administration
Michael H. Jordan Director
Michael P. Kalleres Director
Albert F. Kirby III Director
Merrill A. McPeak Director
Neil Moskowitz Director
Scott C. Penwell Corporate Secretary
George A. Sawyer Director
Charles J. Sullivan Director
C. Norman Winningstad Treasurer
DR. RANDELL L. MILLS
Dr. Mills,
Founder and principal stockholder of BlackLight Power, Inc., has
served as Chairman of the Board, President and CEO since 1991.
The Company, located in the Princeton, NJ, area, has developed
a revolutionary source of energy, the BlackLight Process, which
has as its fuel source hydrogen and is based on novel hydrogen
chemistry.
Dr. Mills
has authored eight books, participated in over 50 presentations
at professional meetings, and authored and co-authored over 100
papers regarding the field of energy technology that have been
published in or submitted to peer-reviewed journals of international
repute. Dr. Mills has received patents or filed patent applications
in the following areas: (1) Millsian
computational chemical design technology based on Classical Physics
(CP), a revolutionary approach to solving atomic and molecular
structures; (2) magnetic resonance imaging; (3) Mossbauer cancer
therapy (Nature,
Hyperfine
Interactions); (4) Luminide
class of drug delivery molecules; (5) genomic sequencing method,
and (6) artificial
intelligence. A thorough description of the Company's technology
and Dr. Mills' underlying atomic theory is published in a book
entitled The Grand Unified Theory of Classical Quantum Mechanics,
now in its tenth printed version.
Dr. Mills
was awarded a Bachelor of Arts Degree in Chemistry, summa cum
laude and Phi Beta Kappa, from Franklin & Marshall College
in 1982, and a Doctor of Medicine Degree from Harvard Medical
School in 1986. Following a year of graduate work in electrical
engineering at the Massachusetts Institute of Technology, Dr.
Mills began his research in the field of energy technology.
SHELBY T. BREWER, Ph.D.
Dr. Brewer was elected to the
Board of Directors of the Company in 1997.
Dr. Brewer is Founder and President
of S. Brewer Enterprises, Inc., an executive management company
serving manufacturing, engineering, and financial services clients
in the U.S. and abroad. He is also Chairman and Chief Executive
Officer of Commodore Applied Technologies, Inc., a publicly traded
company in the environmental and chemical sectors.
From 1985 through 1995, Dr.
Brewer was Chief Executive Officer of Combustion Engineering's
Nuclear Businesses (since 1990, ABB-Combustion Engineering-NP),
serving as Chairman, President, and Chief Executive Officer over
this period. Dr. Brewer positioned ABB-CENP as the world leader
in new reactor technology.
Prior to joining Combustion
Engineering, Dr. Brewer was Assistant Secretary of (Nuclear) Energy,
the top U.S. post in nuclear energy. Prior to his appointment
by President Reagan, Dr. Brewer achieved positions of increasing
line responsibility in private industry, the United States Navy,
the Massachusetts Institute of Technology, and the Atomic Energy
Commission. He has 35 years of experience in the energy sector.
Dr. Brewer also had a distinguished naval career as a junior officer
when he was Dean of the Nuclear Power School where he authored
one of the first textbooks on naval nuclear propulsion systems.
He also served as Division Officer on the aircraft carrier U.S.S.
Randolph where he participated in the Bay of Pigs Invasion and
the recovery at sea of the first U.S. astronauts.
Dr. Brewer was awarded Bachelor
of Arts and Bachelor of Science Degrees from Columbia University
(New York), and Master of Science and Ph.D. Degrees in Nuclear
Engineering from the Massachusetts Institute of Technology.
WILLIAM R. GOOD
Mr. Good joined the Company
in 1991 and has served as Assistant Secretary of the Company since
1995.
Mr. Good has served as Vice
President-Administration since 2000. He manages Company operations
and oversees the financial and accounting reporting. While at
BlackLight Power, he has held several other positions, participated
in presentations at professional meetings, co-authored numerous
publications, and is named as co-inventor on one patent.
Mr. Good was awarded a Bachelor
of Arts Degree in Chemistry from Franklin & Marshall College,
and a Master's Degree in Management of Technology from a joint
program sponsored by the Wharton School of Business and the University
of Pennsylvania Engineering School.
MICHAEL H. JORDAN
Mr. Jordan was elected to BlackLight
Power's Board of Directors in 2004.
Mr. Jordan joined Electronic
Data Systems Corporation in March 2003 and is Chairman of the
Board and Chief Executive Officer there. He is the retired Chairman
and Chief Executive Officer of CBS Corporation (formerly Westinghouse
Electric Corporation), which he led through one of the most comprehensive
transformations of a major U.S. corporation. Before joining Westinghouse,
Mr. Jordan was a partner with Clayton, Dubilier and Rice, one
of the oldest and most respected private investment firms in the
world. Before that, he spent 18 years with PepsiCo, Inc. During
this time, he served in numerous senior executive positions, including
CFO of PepsiCo, Inc. and President and CEO of PepsiCo WorldWide
Foods, which includes Frito-Lay. From 1964 to 1974, he was a consultant
and principal with McKinsey & Company.
Mr. Jordan is an angel investor,
as well as a member of several private equity firms. He currently
serves as Chairman of eOriginial Inc., an electronic commerce
company that provides unique, authentic and secure Electronic
OriginalTM documents, a legal alternative to blue-ink original
paper documents. Previously, he was a general partner of Global
Asset Capital, LLC, a venture capital firm focused on making private
equity investments in the telecommunications, Internet infrastructure,
data networking and information technology sectors. He was also
a partner of Beta Capital Group LLC, of Dallas, TX. From 1999
to 2001, he served as Chairman of Luminant Worldwide Corporation,
an Internet services company. In addition to his professional
and investment roles, Mr. Jordan is a member and former Chairman
of the U.S.-Japan Business Council; a member and former Chairman
of the United Negro College Fund; a member of The Business Council;
a member of the Board of Trustees of the United States Council
for International Business; and a member of the Business Roundtable.
He also serves on the boards of Aetna Inc. and several smaller,
privately held companies.
Mr. Jordan received his Bachelor
of Science Degree in Chemical Engineering from Yale University
and a Master of Science Degree in Chemical Engineering from Princeton
University. He subsequently served a four-year tour of duty with
the U.S. Navy on the staff of Admiral Hyman Rickover.
MICHAEL P. KALLERES, VADM USN (Ret)
Vice Admiral Kalleres was elected
to the Company's Board of Directors in 1999.
Vice Admiral Kalleres retired
from active naval officer duty after 32 plus years of service.
He led eight military/civilian commands as a naval officer. During
his tenure as Commander, U.S. Second Fleet in the Atlantic/NATO
Striking Fleet, he commanded over 300,000 Navy, Marine, Air Force
and Army forces of 10 countries, 300 to 400 ships, and over 2,000
aircraft during Operation Desert Storm and other U.S. and NATO
activities. He was awarded the Defense Distinguished Service Medal
(second to the Congressional Medal of Honor) for his execution
of this command. Vice Admiral Kalleres also commanded two Naval
Planning and Financial Management Directorates and the U.S. Navy
Personnel Policy Directorate. He successfully led the development
of U.S. Navy budgets up to $100 billion per year over several
years. Admiral Kalleres' last Navy assignment was as Commander,
Military Sealift Command, an organization of over 8,000 people.
He successfully operated nearly 150 maritime vessels and 27 offices,
worldwide with a $4 billion per year operating budget and a $3
billion shipbuilding plan. He designed a major re-engineering
of the entire organization to operate during crises in Somalia,
Bosnia and Haiti.
Vice Admiral Kalleres is President
of Dare to Excel Inc. (DTE), a business/financial planning and
consulting firm for government-associated corporations. DTE also
provides lectures concerning force protection and anti-terrorism
regarding maritime and port operations. He is the former President
and Chief Executive Officer of Global Associates, Ltd., Technology
Services Group (TSG), a premier engineering, analysis, war gaming
and professional services company with headquarters in Falls Church,
VA. Vice Admiral Kalleres is on call as a consultant member of
the Defense Science Board, the Naval Studies Board of the National
Academy of Science, and several private sector boards. He is a
senior emeritus member of the Dean's Advisory Council at the Krannert
School of Management, Purdue University, and was re-elected to
be a senior advisor for Disaster Relief and Officer Development
of the National Advisory Board of the Salvation Army. Most recently,
he has been acting as the military and international security
on-screen consultant/analyst for the local NBC and ABC TV affiliates.
Vice Admiral Kalleres was awarded
a Bachelor of Science Degree in Industrial Management, Purdue
University, and a Master of Science Degree in Political and International
Affairs from George Washington University. He was awarded 18 personal/unit
military/combat decorations including the Defense Distinguished
Service Medal. He is also a Distinguished Graduate of the U.S.
Naval War College. In 2001, he was awarded the Congressional Ellis
Island Medal of Honor and in 2005, he wa awarded the American
Hellenic Medal of Freedom. Most recently, he and his wife were
one of 20 couples awarded top philanthropy awards for 2007 in
Jacksonville, FL.
ALBERT F. KIRBY III
Mr. Kirby was elected to the
Company's Board of Directors in 2003.
Mr. Kirby initially joined Delmarva
Power & Light, a heritage company of Conectiv, a Fortune 500
energy company, in 1968. He has held a number of engineering and
management positions within Delmarva over the past 35 years including
Superintendent of the Indian River Power Plant, Manager of Production
Operations, and General Manager/Vice President of Engineering.
His present position is Senior Vice President of Generation and
Engineering. He has extensive experience in all facets of power
generation including development, engineering, construction, and
plant operation. He is a member of Conectiv's Senior Leadership
Team.
Mr. Kirby was awarded a Bachelor
of Science Degree in Mechanical Engineering from the University
of Delaware. He also holds a Master's of Business Administration.
He is a registered professional engineer in four states and a
U. S. Army veteran.
MERRILL A. MCPEAK, GENERAL USAF (Ret)
General McPeak was elected to
the Company's Board of Directors in 2003.
General Merrill A. McPeak is
President of McPeak and Associates, a management-consulting firm
he founded in 1995. He entered the U.S. Air Force in November
1957 and was a fighter pilot during his early years. He flew 269
combat missions in Vietnam. In 1967-68, he performed in nearly
200 official air shows as Solo Pilot for the USAF Aerial Demonstration
Team, the "Thunderbirds". He commanded the 20th Fighter
Wing in 1980-1981, Twelfth Air Force in 1987-88, and Pacific Air
Forces from 1988-1990. In the mid 1980s, he was responsible for
the Air Force's forward financial planning and the overseas sale
and support of Air Force equipment and training, at the time a
$12 billion a year business. General McPeak was Chief of Staff
of the Air Force from November 1990 to October 1994, when he retired
from active military service.
General McPeak was for several
years Chairman of ECC, International, a Florida-based simulation
and training company. He has served as a director of several other
public companies, including Tektronix and TWA. Currently, General
McPeak is Chairman of the Board of Ethicspoint, Inc., a company
providing confidential corporate Global Technologies (OTC: DGTC.PK),
a manufacturer and marketer of medical imaging systems, and of
Sensis Corp., a privately held manufacturer of military radars
and civilian air traffic control systems. He is an investor in
and director of several public and private companies in the early
development stage, including: Gigabeam (NASDAQ: GGBM), a supplier
of high performance, high availability fiber-speed wireless communications;
MathStar (NASDAQGM: MATH), a designer and marketer of specialized
semiconductor integrated circuits; and Quintessence Photonics
(OTC BB: QPCI.OB), a designer and manufacturer of high performance
semiconductor laser diodes.
General McPeak was awarded a
Bachelor of Arts Degree in Economics from San Diego State College
and a Master of Science Degree in International Relations from
George Washington University. He is a member of the Council on
Foreign Relations, New York City.
NEIL MOSKOWITZ
Mr. Moskowitz was elected to
the Company's Board of Directors in May 2005.
Mr. Moskowitz is Chief Financial Officer of Credit Suisse Investment
Bank based in New York. Prior to this role, Mr. Moskowitz served
as Chief Financial Officer of Credit Suisse First Boston. He joined
the Firm in 1994 as Head of European Operations and subsequently
spent eight years as the Chief Operating Officer for the Equities
Division and then two years as Chief Operating Officer of Institutional
Securities. He is a member of the Investment Banking Management
Committee.
Prior to joining the Firm, Mr. Moskowitz spent ten years at Goldman
Sachs in London and New York. During this time he occupied many
positions, including Manager of U.S. and European Equity Operations,
Manager of European Stock Lending, and Manager of European Funding
and Repurchase Finance.
Mr. Moskowitz was awarded his B.A., summa cum laude, in Economics
from the University of Maryland in 1980. He was awarded his M.B.A.
from Harvard Business School in 1984.
SCOTT C. PENWELL
Mr. Penwell was appointed Corporate
Secretary of the Company in 1997.
He is a shareholder in the law
firm of Stevens & Lee, P.C., Harrisburg, PA. Mr. Penwell's
areas of concentration include corporate, commercial, and securities
law.
Mr. Penwell is a former member
of the Board of Trustees of The Emerald Mutual Funds and Legacy
Bank, and is currently a member of the Board of Directors of Eastern
Insurance Holdings, Inc. and its subsidiaries, and Sting Communications,
a licensed broadband carrier.
Mr. Penwell is a Life Fellow
in the American Bar Foundation. He is a Past Chairman of the Business
Law Section of the Pennsylvania Bar Association, and a former
member of the Attorney Advisory Committee of the Pennsylvania
Securities Commission and the Attorney Advisory Committee of the
Pennsylvania Corporation Bureau.
Mr. Penwell was awarded a Bachelor's
Degree from Rutgers University, his Master of Arts Degree in English
from Villanova University, and his Juris Doctorate Degree, cum
laude, from Temple University School of Law where he was Editor-in-Chief
of the Temple Law Review.
GEORGE A. SAWYER
Mr. Sawyer was elected to the
Company's Board of Directors in 1996.
For the past 16 years, Mr. Sawyer
has been associated with J.F. Lehman & Co., and its affiliated
companies; 13 years as a General Partner of the firm with J.F.
Lehman &Co., and the past three years as Executive Consultant
and Board Director of three of its affiliated companies. J.F.
Lehman & Co. is a partnership focusing on aerospace, marine
and defense corporate mergers, acquisitions, and restructuring.
Currently, Mr. Sawyer also serves on the Boards of two unaffiliated
compaies and provides technical and management consulting services
to two major aerospace and defense companies. He has held numerous
prominent positions in private industry, including serving as
Executive Vice President of General Dynamics Corporation, responsible
for its Land Systems Division and all of the Corporation's International
Activities; as President and Chief Executive Officer of Sperry
Marine, Inc., which supplies automated marine navigation and control
systems to the naval and commercial maritime market. Prior thereto,
he served as Assistant Secretary of the Navy for Shipbuilding
and Logistics during the period of the Navy's major expansion
under President Reagan.
Mr. Sawyer was awarded a Bachelor
of Arts Degree in International Law, magna cum laude and Phi Beta
Kappa, from Yale University.
CHARLES J. SULLIVAN
Mr. Sullivan was elected to the Company's Board
of Directors in 1996.
Mr. Sullivan retired from Janney Montgomery Scott,
LLC, in 2005 as Senior Vice President and Managing Director. At
Janney Montgomery Scott, LLC, he also served as a member of its
Board of Managers. Hired in 1981 to grow mutual fund revenues
from a base of $450,000, revenues grew to $48 million in 2000
with assets under management of $10 billion in 2005. Mr. Sullivan
often served as Spokesperson for the Mutual Fund Industry at National
Mutual Fund meetings.
Prior to joining Janney Montgomery Scott, LLC,
in 1981, Mr. Sullivan headed the broker-dealer subsidiary of a
major life insurance company, which specialized in pension and
financial planning for privately held corporations.
Mr. Sullivan started in the securities business
with Francis I. DuPont LLC, a NYSE member firm, as a Financial
Analyst in 1970.
Since retirement, Mr. Sullivan has acted as consultant
to Asset Management companies seeking to market their expertise
as money managers.
Mr. Sullivan was awarded a Bachelor of Arts Degree
in Economics from Central Connecticut University. He also attended
the University of Connecticut Graduate School of Business.
C. NORMAN WINNINGSTAD
Mr. Winningstad was elected Treasurer of the
Company in 1997.
Mr. Winningstad was majoring in engineering at
the University of California, Berkeley, when he was drafted into
the Navy in 1944 at the end of his sophomore year. While in the
Navy, he learned practical electronics. In 1948, he graduated
from Berkeley with a Bachelor of Science Degree in Electrical
Engineering and with an expertise in vacuum tubes. Upon graduation,
he worked for a California-based television station where he developed
the broad-band omni directional antenna. Thereafter, he returned
to the University of California, Lawrence Berkeley Laboratories,
where he developed 20-Megavolt RF voltmeter, with frequency-tracking
capability, and special precision mechanical plotter servo-drive,
used to check a precision magnetic field tracking Master Oscillator
System for the then world's most powerful atom smasher, the 6.4
BEV Bevatron (in a small way, this contributed to Emilio Segre's
winning a Nobel Prize for making the first man-made anti-proton).
While at Berkeley, he also consulted with the French (equivalent)
AEC regarding their Proton Synchrotron (similar to the Bevatron).
He worked on early nuclear fusion experiments to investigate plasma
instabilities developed a 1/3 nanosecond rise-time oscilloscope
and obtained two patents (Patent #2771582, Phase Meter, November,
1956 and #2829316, Control and Fault Detector Circuit, April,
1958) and published articles, including: "The RF System of
the Bevatron", UCLRL, June, 1954; "Fractional-Millimicrosecond
Oscilloscope System Utilizing Commercially Available Components",
RSInst July, 1958; and "Nanosecond Pulse Transformers",
IEEE Trans, NS March, 1959 (prize paper, 1959).
From 1958 to 1970, Mr. Winningstad worked at
Tektronix where he: initiated Sampling Oscilloscopes, and Digital-Readout
Scopes, and started Display Device Development by combining three
Tek groups doing CRT development; brought Robert Anderson's Bi-Stable
Direct View Storage Tube into production; and using the BDVST
as a basis, started Tektronix's first independent division, Information
Display, with the first graphic computer terminals using storage
at the screen, hard copy units, and a graphic display controller
as major products. While at Tektronix, he obtained six patents:
Patent #3105945 Signal Energy Take-Off Device, October, 1963;
#3123781 Signal Energy Take-Off Device, March, 1964; #3181086
Elect Switch with the Outer Conductor of Coaxial Cable Leads Connected
to Spaced Shield Plates, April 1965; #3248655, Ratchet Memory
Circuit, April, 1965; #3317830 Response Normalizer, May, 1967;
and #3430093, Method of Write-Through for Storage Tubes, February,
1969. Mr. Winningstad published numerous articles, including:
"Nanosecond Pulse Measurements" presented at WESCON
(1961); "In and Out of Circuits with Probes" presented
at Nat. Elect. Conf. 1963; "Signal Probes', Tektronix (1963);
and "Storage to Pico Seconds-A Survey of the Art" presented
to CECON (April 1963), reprinted in Electronics Industries (July
1963 ).
Mr. Winningstad was a founder of Floating Point
Systems in 1970. After obtaining his Master's Degree in Business
Administration from the Portland State University in 1973, he
served as President and Chairman of the Board of Floating Point
Systems until 1982, which produced a successful Array Processor
Line and attached Vector Line Processing. In 1983, he joined Lattice
Semiconductor Corporation as Chairman of the Board and became
President and Chief Executive Officer in 1986. Lattice Semiconductor
Corporation became a publicly held company in 1989. Also in 1986,
Mr. Winningstad started Moderator, Inc. to manage his business
activities. In 1990, he joined TrustMaster and became Chairman
in 1994. TrustMaster supplies sophisticated flight controls, driver's
controls, etc. for computer games and interactive media.
Mr. Winningstad took the three companies he
helped found public. He is also active in the community and has
served on numerous non-profit boards of directors. Mr. Winningstad
has also received numerous awards, including: Reed College Howard
Vollum Science and Technology Award, 1978; Associated Oregon Industries,
Business Leader of the Year Certificate of Achievement, 1980;
U.S. Small Business Administration's Oregon Small Business Man
of the Year and third nationally, 1981; National Management Association's
Free Enterprise Man of the Year, 1981; Pacific University Honorary
Doctor of Laws (LL.D.), 1982; Associated Oregon Industries Business
Leader of the Year, 1983.