Established in 1995, Applied LNG Technologies, LLC ("ALT"), a subsidiary of Applied Natural Gas Fuels, Inc., is one of the largest vehicle-grade LNG producer in the Western United States. Since its inception, it has grown to become a major force in the natural gas industry specializing in vehicle and industrial solutions. ALT provides LNG and CNG product and delivery systems. We execute turnkey fuel solutions, including: equipment leasing, station installations, safety & training, natural gas production, low BTU gas processing, temporary fueling stations, and consulting in the LNG and CNG markets.
These facts, combined with ALT’s management team, who have in excess of 100 man-years of cryogenic work experience and several hundred man-years of transportation work experience, provide ALT’s customers the best and most reliable one-stop alternative fuel service in the industry.
Management Team
Cem Hacioglu
Director Applied Natural Gas Fuels, Inc.
President and Chief Executive Officer
Cem Hacioglu has served as director of Applied Natural Gas Fuels, Inc. (f/k/a PNG Ventures, Inc.) since August 2008 and president and chief executive officer of Applied LNG Technologies, LLC (ALT) since February 2009. Hacioglu was previously a portfolio manager in charge of direct investments for Sandell Asset Management Corp. and Millennium Partners, and also held positions at Fletcher Asset Management, Merrill Lynch and the World Bank. Hacioglu earned a Bachelor of Science in Economics from the United States Military Academy, West Point, and holds an MBA in Financial Management from the MIT’s Sloan School of Management.
Edward McKenna, Jr.
Chief Financial Officer and Principal Accounting Officer
Ed joined Applied Natural Gas Fuels, Inc. in July 2011 as Chief Financial Officer. With more than 20 years of executive leadership experience, he is responsible for directing and managing all aspects of the company’s finance and administrative operations. Most recently, he was the Executive Vice President and Chief Financial Officer of News Corporation’s Fox Interactive Media and its subsidiaries. Prior to that, McKenna worked as the Chief Financial Officer at several companies in the media and broadcasting industry. McKenna received a B.S. in Business Administration from California State University, Northridge and is a Certified Public Accountant in California, New York, and Illinois.
Frank Martelli
Vice President of Operations
Frank Martelli joined Applied Natural Gas Fuels, Inc. in May 2010 as Director of Special Projects and served as Vice President of Operations since July 2011. He brings to the team valuable Operations, Finance and Strategic Planning experience from Fortune 500 companies such as Amgen, Monsanto and The Boston Consulting Group. Martelli currently has responsibility over all of the company operations and also works on several key management areas including support of strategic decisions, pricing, and compliance. Martelli is an Industrial Engineer from Argentina’s Instituto Tecnológico de Buenos Aires and holds an MBA from the MIT Sloan School of Management.
Board of Directors
W. Phillip Marcum
Chairman of the Board
Applied Natural Gas Fuels, Inc.
W. Phillip Marcum is currently chairman of the board of Applied Natural Gas Fuels, Inc. He has served as a principal of MG Advisors, LLC. From 1991 until 2007, Mr. Marcum co-founded and served as Chairman of the Board, President, and Chief Executive Officer of Metretek Technologies, Inc. (now known as PowerSecure International, Inc.), an energy management company. Mr. Marcum holds a B.B.A. from Texas Tech University. Mr. Marcum also currently serves as Chairman of the Board and as a director of ADA-ES, Inc., a publicly traded environmental technology company, and as a director for Key Energy Services, Inc., a well servicing company.
Cem Hacioglu
President and CEO
Applied LNG Technologies, LLC
Cem Hacioglu joined ALT as President and CEO on February 16, 2009. From May 2005 to February 2009, Mr. Hacioglu was a co-portfolio manager of the direct investment group of Sandell Asset Management Corp. (“Sandell”), an affiliate of Castlerigg. Prior to May 2005, Mr. Hacioglu worked as a Portfolio Manager at Millennium Partners where he helped manage Millennium’s direct investment portfolio. Prior to joining Millennium Partners, Mr. Hacioglu was a Vice President at Fletcher Asset Management, an associate in the Private Equity Placements Group at Merrill Lynch and an analyst at the World Bank. Mr. Hacioglu earned his B.S. Degree in Economics from the United States Military Academy, West Point, and his M.B.A. in Financial Management from the MIT Sloan School of Management.
Mr. Gupta has served as a senior analyst at Sandell Asset Management Corp. (“Sandell”), an affiliate of Castlerigg, since 2007. Prior to Sandell, from 2006 to 2007, Mr. Gupta served as an analyst at Barington Capital Group. From 2003 to 2006, Mr. Gupta was an investment analyst at Third Avenue Management, managing both public and private investments across the capital structure. Prior to Third Avenue Management, Mr. Gupta held other positions within the financial services industry. Mr. Gupta graduated with a B.S. in Economics from the Wharton School of Business, University of Pennsylvania, and a Masters in Business Administration from Columbia University.
Kevin Collins
Managing Member
The Old Hill Company, LLC
Kevin Collins has been a managing member of The Old Hill Company, LLC since 1997. The Old Hill Company provides corporate finance and management consulting services primarily to companies that have undergone financial reorganization. Prior to that, Mr. Collins worked with several large financial institutions in lending, investing, and advisory capacities; these institutions include New York Life Insurance Company, Chemical Bank, Lloyds Bank International, and Samuel Montagu, Inc. and DG Investment Bank. Mr. Collins serves on the boards of Key Energy Services, Inc., an oil service company, PowerSecure International Inc., an energy technology company, The Antioch Company, a scrapbooking direct sales company, and The Penn Traffic Company, a supermarket chain. Mr. Collins holds B.S. and MBA degrees from the University of Minnesota and is a Chartered Financial Analyst. As a result of these and other professional experiences, Mr. Collins’ extensive knowledge of the Company and our industry, his analytical business background (as an MBA and Chartered Financial Analyst), his experience working on strategic transactions, as well as his lending and advisory experience with large financial institutions and his extensive experience serving on boards of directors, each of which strengthen the Board’s collective qualifications, skills, and experience.
Tom Quimby
Principal
Medley Capital
Mr. Quimby is a Principal with Medley Capital and is responsible for transaction origination, underwriting, restructuring and special situations for the Medley Opportunity Funds. Prior to joining Medley, Mr. Quimby was a founding team member and Vice President of COVA Capital, leading the sourcing, underwriting and account management of mezzanine transactions in a variety of industries. Prior to COVA Capital, Mr. Quimby worked at several GE Capital businesses including, Global Sponsor Finance, Global Consumer Finance, GE Financial Assurance and GE Capital Corporate. Prior to GE, Mr. Quimby worked as a Bank Examiner for the FDIC in the Risk and Supervision Division. Mr. Quimby is a graduate of the Financial Management Program at GE Capital, and received a B.S. in Business Administration from the Whitemore School of Business at the University of New Hampshire.
SEC Filings
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