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Officers and Directors:
Brent M.
Cook, CEO/Director
Mr. Cook joined the Company’s Board of Directors
in October 2004, and in January 2005, he
was named as the Company’s Chief Executive
Officer. Previously, Mr. Cook was President
of Headwaters, Inc. — a billion dollar NYSE:
HW listed energy and energy technology company.
He served Headwaters from 1996 to 2002 in
positions including CEO, President, and
Chairman of the Board of Directors. Prior
to his Headwaters career, Mr. Cook was Director
of Strategic Accounts, Utah Operations,
at PacifiCorp, an electric utility servicing
seven western states.
Kraig T. Higginson,
Executive Chairman, Director
Mr.
Mr. Higginson has served as the Chairman
since October 2003. He has also served as
the Company’s President from October 2003
to March 2004 and as the Company’s Chief
Executive Officer from March 2004 to January
2005. Mr. Higginson founded American Telemedia
Network, Inc., a publicly traded corporation
that developed a nationwide satellite network
of data and audio visual programming. He
served as President and Chief Executive
Officer of Telemedia Network from 1984 through
1988. From 1988 through 2002, Mr. Higginson
worked as a business consultant through
Lighthouse Associates, an entity that he
controls.
Patrick
Schwartz, President
Mr. Schwartz was an executive with Huntsman Corporation for more than 20 years where he was responsible for Hunstman's global Styrenics business, with annual revenues in excess of $1 billion, a core product upon which Huntsman built one of the largest privately held chemical companies in the world. Mr. Schwartz was previously the Acting Managing Director of the Southeast Asian joint-venture for Huntsman where he led the strategic effort to dramatically improve cash flow. Prior to the Asian assignment, Mr. Schwartz was Managing Director in charge of Huntsman's European operations. While in Europe, Mr. Schwartz led the turnaround and expansion of several existing business divisions, launched two joint ventures and acquired a major new business leading to a nearly tenfold increase in revenue over six years.
Martin F. Petersen, Chief
Financial Officer
Mr. Petersen has served as Chief Financial
Officer of the Company since January 8,
2007. Prior to joining the Company he
was the Chief Financial Officer of The
Event Source, a government contractor in
Iraq, Found, Inc., a venture-backed
software company, and TenFold
Corporation, a publicly traded
enterprise software development company.
He also served as Vice President and
Treasurer of Huntsman Corporation, a
multi-billion dollar global chemical
company. Prior to Huntsman, he was a
Vice President in the Investment Banking
Division of Merrill Lynch & Co. He has
an MBA degree from the University of
Chicago, and a BA degree from Brigham
Young University.
Richard Clayton, General Counsel
Mr. Clayton comes to Raser from Holland & Hart, LLP, the largest law firm in the Rocky Mountain West with nearly 350 lawyers, where he was a partner. Clayton's private practice consisted of corporate finance and counseling, mergers and acquisitions, corporate governance and compliance, and energy and resources law. In 2006, Clayton was selected as one of only 227 lawyers nationwide for inclusion in the inaugural edition of Who's Who Legal USA--Corporate Governance. He is also the founder of the Summit Corporate Governance Conference, an Institutional Shareholder Services accredited conference. Clayton has counseled clients and lectured extensively at nationwide events on Sarbanes-Oxley requirements.
James A. Herickhoff,
Director
Mr.
Herickhoff is President, Chief Operating
Officer and a principal of Wold Talc Company,
which operates one of the largest talc mines
in the United States. Mr. Herickhoff has
served as a Director of Headwaters Inc.
since August 1997 and was elected Vice Chairman
of Headwaters in April 1999. From 1987 to
1994, he served as President of Atlantic
Richfield Company’s Thunder Basin Coal Company.
He previously served as President of Mountain
Coal Company, managing all of ARCO’s underground
mining and preparation plants. He is the
past President of the Wyoming Mining Association
and a former Board member of the Colorado
and Utah Mining Associations. Mr. Herickhoff
received a Bachelor of Science degree in
1964 from St. John’s University, a Master
of Science degree in 1966 from St. Cloud
State University and attended Kellogg Executive
Management Institute at Northwestern University
in 1986. Mr. Herickhoff has served as a
Director of the Company since March 2005
and serves on the Audit, Nominating and
Governance (Chairman), and Compensation
committees.
Alan G. Perriton,
Director
Mr.
Perriton is the recently retired Executive
in charge of Strategic Alliances and New
Business Development for General Motors
Asia Pacific. He brings over 34 years of
executive experience with GM in the U.S.
and Asia. In 1992 Mr. Perriton was named
Executive Director of World Wide Purchasing
with an annual budget approaching $30 billion.
In his final role, he was responsible for
creating the very effective foreign automotive
manufacturing operations of GM Daewoo in
Korea which has quickly become the growth
engine of GM's Asia-Pacific Operations,
including China.
Reynold Roeder,
Director
Reynold
Roeder, Director. Mr. Roeder has served
as a Director of the Company since October
2005 and serves on the Audit Committee (Chairman).
He is currently Chief Executive Officer
and Co-Owner of LECTRIX, LLC, with offices
in Calgary, Alberta, and Portland, Oregon.
LECTRIX is developing merchant electrical
transmission projects throughout North America.
Mr. Roeder is also the Principal and Owner
of Roeder & Company LLC, a consulting firm
specializing in energy-related matters and
tax credit transactions. From 1981 to 1990,
he held various positions with Deloitte
& Touche and obtained CPA certifications
in the states of Oregon, New York and California.
Mr. Roeder left public accounting to join
PacifiCorp Financial Services, Inc. in 1990,
and held various officer positions including
Assistant Controller, Controller and Vice
President. While there, he had responsibility
for compliance and SEC reporting.
Barry Markowitz,
Director
Mr.
Markowitz is the recently retired president
of DTE Energy Services, a sister company
to Detroit Edison and a subsidiary of DTE
Energy. Mr. Markowitz has successfully acquired
and integrated several businesses and executed
major transactions with firms such as General
Motors, DaimlerChrysler, Ford, Duke Energy,
Kimberly Clark and US Steel while at DTE
Energy Services. Prior to his position at
DTE, Mr. Markowitz was a vice president
for the Bechtel Group of Companies, focusing
on power industry engineering and construction.
Mr. Markowitz has served as a director of
the Company since November 2005 and serves
on the Audit, Nominating and Governance,
and Compensation committees.
Timothy D. Fehr
Mr. Fehr has served as Senior Vice President
and Chief Technology Officer of Raser since
February 2004. During more than 30 years with
the Boeing Co. and more than 18 years as
business unit vice president, Mr. Fehr directed
the development, manufacture and deployment
of numerous engineering, mechanical, hydraulic
and electrical systems for both commercial
and military applications. Mr. Fehr holds
undergraduate and graduate degrees in electrical
engineering. He also holds an M.S. degree
as a Sloan Fellow from the Massachusetts
Institute of Technology.

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"Raser has made an important advancement in AC induction motors, which represents a major step forward in the development of hybrid and fuel cell vehicles. As the author of the CLEAR ACT, the package of tax incentives for alternative fuel vehicles, I have had the goal of lowering the market barriers to the mass production of the best available automotive technologies. I believe that Raser's technology
advancement will play an important role in achieving this goal."
Senator Orrin Hatch |
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