Management Team

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Kenneth Young , Chief Executive Officer

Bio

Kenneth (Kenny) Young is Chief Executive Officer for Babcock & Wilcox (B&W), a leader in energy and environmental products and services for power and industrial markets worldwide.

Named to his position in November 2018, Mr. Young has 30 years of operational, executive and director experience primarily within the communications and finance industry. He has served as President of B. Riley Financial, Inc., and Chief Executive Officer for B. Riley Principal Investments, a wholly-owned subsidiary of B. Riley Financial.

Before that, he served as President and Chief Operating Officer of the Americas at Lightbridge Communications Corporation (LCC) before being named President and CEO in 2008. He led the company through a significant turnaround culminating with the sale of the company to Tech Mahindra Limited for $240 million in 2015. During his tenure as CEO, Mr. Young increased LCC’s size and presence through five key acquisitions, led a series of investments in new technologies and service expansions, and led three significant re-capitalizations. Prior to joining LCC, Mr. Young was Chief Marketing and Operations Officer with Liberty Media’s TruePosition and held various senior executive positions with multiple corporations, including Cingular Wireless, SBC Wireless, Southwestern Bell Telephone and AT&T as part of his 16-year tenure within the now combined AT&T Corporation.

Mr. Young holds a bachelor of science degree in computer science from Graceland University and holds master’s of business administration from the University of Southern Illinois.

He is a member of the Board of Directors for Globalstar, Inc., Orion Energy Systems, Inc., bebe stores, inc., and Liberty Tax, Inc.

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Henry E. Bartoli , Chief Strategy Officer

Bio

Henry E. Bartoli serves on the Board of Directors for Babcock & Wilcox (B&W), which is a leader in energy and environment products and services for power and industrial markets worldwide. A seasoned executive with more than 35 years of experience in the global power industry, he served as President and Chief Executive Officer of Hitachi Power Systems America, LTD from 2004 to 2014.

From 2002 to 2004, he was Executive Vice President of The Shaw Group, after serving in a number of senior leadership roles at Foster Wheeler Ltd. from 1992 to 2002, including Group Executive and Corporate Senior Vice President, Energy Equipment Group, and Group Executive and Corporate Vice President and Group Executive, Foster Wheeler Power Systems Group. Before that, from 1971 to 1992, he served in a number of positions of increasing importance at Burns and Roe Enterprises, Inc.

He earned a bachelor’s degree in mechanical engineering from Rutgers University, and a master’s in mechanical engineering from New Jersey Institute of Technology.

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Robert Caruso , Chief Implementation Officer

Bio

Robert Caruso is Chief Implementation Officer at Babcock & Wilcox and works closely with the company’s executive leadership team to review financial and operational strategies, and revenue and profitability enhancement opportunities. A Managing Director with Alvarez & Marsal (A&M), he co-leads A&M's Central Region North American Commercial Restructuring (NACR) practice. He also is a member of NACR's Executive Committee.

Caruso has more than 25 years’ experience working across a wide range of industries, including extensive experience advising management teams, boards and others on financial and operational restructuring and enhancement opportunities.

Before joining A&M, Caruso was a senior managing director with the corporate finance / restructuring practice of FTI Consulting in Chicago. Prior to that, he was a partner with PricewaterhouseCoopers and a managing director with the corporate recovery services practice of KPMG. He also served as an audit manager with KPMG, advising clients in the manufacturing and insurance industries.

He earned a bachelor's degree in accountancy from the University of Illinois at Urbana.

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Louis Salamone , Chief Financial Officer

Bio

Louis Salamone Jr. is Chief Financial Officer for Babcock & Wilcox (B&W), a leader in energy and environmental products and services for power and industrial markets worldwide.

Salamone, who joined B&W in November 2018 as Executive Vice President of Finance, has more than 25 years of experience as a chief financial officer of diversified public companies such as Nextel Communications, Applied Graphics Technologies and LCC International, Inc.; as well as with private equity-backed companies such as USi, GXS and CityMD.

Before joining B&W, Mr. Salamone served as non-executive Managing General Partner for MDx Diagnostics LLC, a medical devices provider. Before that, he served as Chief Financial Officer for CityMD from 2013 to 2017.

He also served as Vice President and Chief Financial Officer of OpenPeak Inc. from 2009 to 2013, and Executive Vice President & Chief Financial Officer of LCC International, Inc. from 2006 to 2009.

Prior to that, from 1993 to 2006, Mr. Salamone held various key executive positions with GXS, USinternetworking, Inc., Applied Graphics Technologies and Nextel Communications. He also was previously a partner at Deloitte & Touche.

Mr. Salamone holds a bachelor of arts degree from Franklin & Marshall College, has successfully completed the Executive Program for Entrepreneurial Businesses at Stanford University and is a Certified Public Accountant.

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Koen Bogers , Managing Director, Babcock & Wilcox Vølund

Bio

Koen Bogers was named managing director of B&W Vølund in January 2018.

Prior to that, Bogers served as senior executive vice president of Siemens Building Technologies’ Middle East Division, located in Dubai. He joined Siemens in 1996, serving in positions of increasing responsibility including project management positions in the Power Generation and Oil & Gas divisions and managing director positions in the Industry Solutions and Building Technologies divisions of Siemens Netherlands. He was named to lead Siemens’ Building Technologies Middle East Division in 2015.

He holds a master’s in business economics from Erasmus University Rotterdam, as well as a master’s in electrical engineering from the Technical University Delft.

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Alberto Galantini , Managing Director, Babcock & Wilcox SPIG

Bio

Alberto Galantini was named managing director of B&W SPIG in February 2018.

Prior to joining B&W, Galantini had served as President and Chief Executive Officer of GE Grid Solutions in Milan, Italy, since 2016. Before that, he was President and Chief Executive Officer of GE Grid Solutions Noventa di Piave, and served as Chief Executive Officer and Managing Director of its predecessor, Alstom Grid Italy, since 2010.

From 2008 to 2010, Galantini served as Sales and Marketing Director for SIPA-Zoppas Industries. Before that, he held positions of increasing responsibility with SIPA, ABB Power Group, Danieli & C Buttrio, and Radici Group.

He holds an Executive Certificate in International Business Strategy from the University of Iowa - CIMBA Italy.

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J. André Hall , Senior Vice President, General Counsel and Corporate Secretary

Bio

André Hall is Senior Vice President, General Counsel and Corporate Secretary for Babcock & Wilcox (B&W), which is a leader in energy and environmental products and services for power and industrial markets worldwide.

From August 2013 to March 2015, Hall served as Assistant General Counsel, Transactions and Compliance, responsible for corporate legal activities relating to global compliance, international trade compliance and mergers and acquisitions.

He has more than 20 years of legal experience in the aerospace, defense and chemical industries. His diverse legal background includes mergers and acquisitions, ethics and compliance, products liability litigation and international business transactions.

Prior to joining B&W, Hall served as Global Business Practices & Compliance Officer for UTC Aerospace Systems, following United Technologies’ acquisition of Charlotte-based Goodrich Corporation. From 2000 to 2013, he held several roles of increasing responsibility at Goodrich, including serving as Goodrich’s Vice President of Business Conduct and Chief Ethics Officer.

He received his undergraduate degree from Furman University and his law degree from the University of North Carolina at Chapel Hill School of Law.

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Jimmy B. Morgan , Senior Vice President, The Babcock & Wilcox Company

Bio

Jimmy Morgan is Senior Vice President of The Babcock & Wilcox Company (B&W), a leader in energy and environmental products and services for power and industrial markets worldwide.

Named to this position in January 2019, Morgan leads B&W’s aftermarket, new-build and environmental products and services businesses for the worldwide coal and gas markets. He also is responsible for B&W’s global licensing activities.

From December 2016 through January 2019, Morgan led the company’s renewable energy business, including its Babcock & Wilcox Vølund subsidiary and its operations and maintenance services businesses. Prior to that, Morgan was Senior Vice President of Operations, responsible for B&W’s Global Manufacturing, Global Supply Chain Management, Quality, Facility Services, and Environmental, Health, Safety & Security functions. He also was responsible for Babcock & Wilcox Construction Co., LLC.

Morgan has been in the global energy and construction industry for more than 25 years, and has considerable large project management, operations and construction experience. He joined B&W in February 2016 as Vice President and General Manager, Babcock & Wilcox Construction Co., LLC., serving in that position until he was named Vice President, Operations, in May 2016 and Senior Vice President of Operations in August 2016. Before joining B&W, he was Executive Vice President for Allied Technical Resources, Inc. Previous positions included serving as Chief Operating Officer with BHI Energy, Vice President of Installation and Modification Services with Westinghouse and as Managing Director for AREVA T&D. He began his career with Duke Energy.

He has a bachelor’s degree in electrical and computer engineering from the University of South Carolina, and a master’s of business administration degree from the Darla Moore School of Business at the University of South Carolina.

Board of Directors

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Matthew E. Avril , Chairman of the Board of Directors

Bio

Matthew E. Avril serves on the Board of Directors for Babcock & Wilcox (B&W), which is a leader in energy and environment products and services for power and industrial markets worldwide. He is a member of the strategic advisory board of Vintage Capital Management, a private-equity investment organization specializing in the defense, manufacturing and consumer sectors. Mr. Avril has served and currently serves on the Board of Directors of both publicly and privately held entities.

He served as Chief Executive Officer of Diamond Resorts International, Inc., from November 2016 to March 2017. Before that, he was Chief Executive Officer-elect for Vistana Signature Experiences, Inc., from February to November 2015, after his retirement as President, Hotel Group, for Starwood Hotels & Resorts Worldwide, Inc. – a position he held from 2008 to 2012. Before that, from 2002 to 2008, he served in a number of executive leadership positions with Starwood, and from 1989 to 1998, held various senior leadership positions with Vistana.

He earned a bachelor’s degree in accounting from the University of Miami and is a Certified Public Accountant (inactive) in the state of Florida.

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Henry E. Bartoli , Board of Directors

Bio

Henry E. Bartoli serves on the Board of Directors for Babcock & Wilcox (B&W), which is a leader in energy and environment products and services for power and industrial markets worldwide. A seasoned executive with more than 35 years of experience in the global power industry, he served as President and Chief Executive Officer of Hitachi Power Systems America, LTD from 2004 to 2014.

From 2002 to 2004, he was Executive Vice President of The Shaw Group, after serving in a number of senior leadership roles at Foster Wheeler Ltd. from 1992 to 2002, including Group Executive and Corporate Senior Vice President, Energy Equipment Group, and Group Executive and Corporate Vice President and Group Executive, Foster Wheeler Power Systems Group. Before that, from 1971 to 1992, he served in a number of positions of increasing importance at Burns and Roe Enterprises, Inc.

He earned a bachelor’s degree in mechanical engineering from Rutgers University, and a master’s in mechanical engineering from New Jersey Institute of Technology.

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Cynthia S. Dubin , Board of Directors

Bio

Cynthia S. Dubin serves on the Board of Directors for Babcock & Wilcox (B&W), which is a leader in energy and environmental products and services for power and industrial markets worldwide.

She is Finance Director for JKX Oil & Gas plc., a Main Board London Stock Exchange-listed oil and gas exploration, development and production company that is the most experienced western operator in Ukraine and an early mover into the independent gas sector in Russia.

Prior to joining JKX Oil & Gas, Dubin was co-founder and Chief Financial Officer of Canamens, a start-up oil and gas company with assets in the North Sea, North Africa and the Caspian areas, serving in this role from 2006 to 2011.

Dubin began her career in the banking industry in New York specializing in advising and lending to large energy projects. In 1992, she relocated to London, and from 1993-2005, held positions with Edison Mission Energy, a premier U.S.-owned electric power generator that developed, acquired, financed, owned and operated reliable and efficient power systems for international markets. She became Vice President and Finance Director for the company’s Europe, Middle East and Africa Operations in 1998.

Dubin earned a bachelor’s degree in finance and economics from Georgetown University and completed a comparative business program at Oxford University.

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Alan B. Howe , Board of Directors

Bio

Alan Howe has almost 30 years of extensive hands-on operational expertise combined with corporate finance, business development and corporate governance experience. His broad business background includes exposure to a wide variety of complex business situations within large corporations, financial institutions, start-ups, small-caps and turnarounds.

Currently, Alan is Managing Partner of Broadband Initiatives, LLC, a small boutique corporate advisory firm that he manages. His specialty is in providing board and C-level leadership working with small-cap and micro- cap companies (both public and private) particularly in turnaround situations. Alan has served both as a director and as a board chairman in multiple companies in a variety of industries including telecom and wireless equipment, software, IT services, wireless RF services, manufacturing, semiconductors, and storage. In two situations, Alan was appointed interim CEO of difficult situations where he previously served on the Board of Directors. In addition, Alan serves as an advisor to investment banking firm Bowen Advisors.

He earned a bachelor’s degree in business administration and marketing from the University of Illinois and a master’s of business administration and finance from Indiana University.

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Brian R. Kahn , Board of Directors

Bio

Brian R. Kahn serves on the Board of Directors for Babcock & Wilcox (B&W), which is a leader in energy and environmental products and services for power and industrial markets worldwide. He is the founder and managing partner of Vintage Capital Management, a private-equity investment organization specializing in the defense, manufacturing and consumer sectors. Mr. Kahn is responsible for all aspects of Vintage Capital Management’s transaction sourcing, due diligence and execution.

He previously was Chairman of the Board of Directors of White Electronic Designs Corporation and API Technologies Corp. He also has served as a Director with a number of other companies including Aaron’s, Inc., Integral Systems, and Buddy’s Home Furnishings.

He began his career with Fidelity Investments, and earned a bachelor’s degree in economics from Harvard University.

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Bryant R. Riley , Board of Directors

Bio

Bryant Riley is Chairman and Co-Chief Executive Officer of B. Riley Financial Inc. (NASDAQ: RILY), a publicly traded company which, through its subsidiaries, provides financial and business advisory services. In addition, Mr. Riley serves as CEO of B. Riley Capital Management, LLC, an SEC Registered Investment Advisor and a wholly-owned subsidiary of B. Riley Financial.

Mr. Riley currently holds Board positions at Liberty Tax, Inc. (SYM: TAXA) and previously held positions at Sonim Technologies, Inc, Alliance Semiconductor Corporation, Aldila Inc., Cadiz Inc., Carreker Corporation, DDI Corp., Integrated Silicon Solution, Inc., Celeritek, Inc., Kitty Hawk Inc., Mossimo Inc., National Holdings Corporation, SI Technologies, Inc., Silicon Storage Technologies, Strasbaugh, STR Holdings, Inc., Trans World Entertainment and Transmeta Corp.

Prior to founding B. Riley & Co. in 1997, he held a variety of positions in the brokerage industry, primarily as an institutional salesman and trader. From October 1993 to January 1997 Mr. Riley was a co-head of Equity at Dabney-Resnick, Inc., a Los Angeles-based brokerage firm. From 1991 to 1993 he was a co-founder of Huberman-Riley, a Texas-based brokerage firm.

Mr. Riley holds a bachelor of science in Finance from Lehigh University.

Portrait

Kenneth Siegel , Board of Directors

Bio

Kenneth Siegel has served as President of Diamond Resorts International, Inc. since March 2017, and is a member of its Board of Directors. Prior to that, he was Chief Administrative Officer and General Counsel of Starwood Hotels & Resorts, where he played a pivotal role in its emergence as an industry leader prior to its acquisition by Marriott International, Inc. in 2016.

Previous positions included Senior Vice President and General Counsel of Cognizant Corporation, a multinational information services company, and its successor companies. He also has served as a partner at several law firms, focusing primarily on technology, hospitality and private equity clients. He holds a degree in business from Cornell University, a juris doctorate degree from New York University, and is a member of the New York Bar.

Committee Composition