Management Team

Portrait

Kenneth Young , Chairman and Chief Executive Officer

Bio

Kenneth Young is Chairman and Chief Executive Officer of Babcock & Wilcox (B&W), which is a global leader in energy and environmental technologies and services for the power and industrial markets.

Mr. Young, who has served as Chief Executive Officer since November 2018 and Chairman since September 2020, has more than 30 years of operational, executive and director experience primarily within the energy, communications and finance industries, on a global basis. He currently serves 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 joining B. Riley, he held executive leadership positions with Lightbridge Communications Corporation (LCC), which was the largest independent telecom construction and services company in the world and a recognized leader in providing network services. Initially serving as President and Chief Operating Officer of the Americas for LCC, he was named President and CEO in 2008, serving in that position until he led the company’s sale in 2015. Under his leadership, LCC’s revenues grew more than 200 percent and the company expanded its geographical presence into more than 50 countries.

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 in Computer Science from Graceland University and a Master of Business Administration from the University of Southern Illinois.

Mr. Young has previously served on seven public company boards and is currently a member of the Board of Directors for Sonim Technologies NASDAQ: (SONM) and B. Riley Principal Merger Corp. II NYSE: (BMRG).

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Jimmy B. Morgan , Chief Operating Officer

Bio

Jimmy Morgan is Chief Operating Officer of The Babcock & Wilcox Company (B&W), which is a global leader in energy and environmental technologies and services for the power and industrial markets.

Named to his position in August 2020, Morgan is responsible for the Company’s strategic growth and operational performance under its B&W Environmental, B&W Renewable and B&W Thermal brands and growth platforms.

From January 2019 until August 2020, Morgan was Senior Vice President, responsible for B&W’s aftermarket, new-build and environmental products and services businesses worldwide. In March of 2020 Morgan also took on the role as Managing Director of its Babcock & Wilcox Vølund subsidiary. He also was responsible for the company’s global licensing activities.

From December 2016 through January 2019, Morgan led the company’s renewable energy business, including Babcock & Wilcox Vølund 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 30 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 as a Maintenance Engineer at one of the largest operating plants in the United States. He has a Bachelor’s Degree in Electrical and Computer Engineering from the University of South Carolina, and a Master’s of Business Administration from the Darla Moore School of Business at the University of South Carolina.

Portrait

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.

Portrait

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.

Portrait

John J. Dziewisz , Senior Vice President, General Counsel and Corporate Secretary Babcock & Wilcox

Bio

John Dziewisz 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.

Named to this position in January 2020, he oversees the legal operations for all B&W business segments as well as Risk Management and Ethics and Compliance. He also serves as the company’s Chief Compliance Officer.

Dziewisz joined B&W in 1997 as an attorney. He subsequently held a number of more responsible positions including Managing Attorney, in which he led the legal activities of multiple B&W business operations, including service, construction and various international operations. From June 2013 until January 2019, Dziewisz served as Assistant General Counsel, Operations & Intellectual Property, responsible for the legal activities for all B&W operations related to proposal/project management, human resources, dispute resolution, intellectual property, business entity formation and mergers & acquisition activities in domestic and international markets. He was named Vice President, Assistant General Counsel and Chief Compliance Officer in January 2019.

A native of Northeast Ohio, Dziewisz graduated from Miami University in Oxford, Ohio, with a bachelor’s degree in business administration and earned his law degree from the University of Akron. He has also completed numerous leadership and management programs.

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Megan R. Wilson , Vice President, Corporate Development & Investor Relations

Bio

Megan R. Wilson is Vice President, Corporate Development and Investor Relations, for Babcock & Wilcox (B&W), which is a global leader in energy and environmental technologies and services for the power and industrial markets.

Wilson leads B&W’s Corporate Development efforts including all merger, acquisition and divestiture activities, as well as government relations efforts. She also is responsible for developing and leading financial communication strategies to ensure B&W’s shareholders, potential investors, analysts and others are informed about the company’s operational performance, strategy, business outlook and investment value.

She joined B&W’s Government Relations office in late 2007 after serving as an officer with the U.S. Navy from 2000 to 2007, and in 2013 joined the Corporate Development function. She assumed responsibility for Investor Relations in September 2018.

Wilson earned a Bachelor’s Degree in Biomedical Engineering and Electrical Engineering from Duke University, and a Master’s of Business Administration from The George Washington University.

Portrait

Jacqueline Opal , Vice President, Human Resources

Bio

Jacqueline Opal is Vice President, Global Human Resources (HR), for Babcock & Wilcox (B&W), which is a global leader in energy and environmental technologies and services for the power and industrial markets.

Named to her position in February 2019, Opal provides strategic HR guidance for B&W’s global operations including in the areas of compensation, benefits, payroll and HRIS, talent acquisition, talent management and communications.

From June 2018 through January 2019, Opal was the HR Director supporting the company’s Power and Renewable segments. Prior to that, she was the HR Director supporting the Renewable segment and was also responsible for Global Mobility. She joined B&W in February 2016 as Director, Human Resources, supporting the company’s Power segment.

From 2011 until 2016, Opal held number of progressively more responsible HR positions at Siemens Corporation including Senior HR Consultant, Senior Analyst, HR Strategy & Innovation and HR Systems, and HR Knowledge Management. From 2000 until 2011, she served in a number of roles within the Business Operations functions at Hewitt Associates / Aon Hewitt.

She has a Bachelor’s Degree in Health Service Administration as well as a Master’s of Business Administration from the University of Central Florida.

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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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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.

Board of Directors

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Kenneth Young , Board of Directors

Bio

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

Mr. Young, who has served as Chief Executive Officer since November 2018 and Chairman since September 2020, has more than 30 years of operational, executive and director experience primarily within the energy, communications and finance industries, on a global basis. He currently serves 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 joining B. Riley, he held executive leadership positions with Lightbridge Communications Corporation (LCC), which was the largest independent telecom construction and services company in the world and a recognized leader in providing network services. Initially serving as President and Chief Operating Officer of the Americas for LCC, he was named President and CEO in 2008, serving in that position until he led the company’s sale in 2015. Under his leadership, LCC’s revenues grew more than 200 percent and the company expanded its geographical presence into more than 50 countries.

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 in Computer Science from Graceland University and a Master of Business Administration from the University of Southern Illinois.

Mr. Young has previously served on seven public company boards and is currently a member of the Board of Directors for Sonim Technologies NASDAQ: (SONM) and B. Riley Principal Merger Corp. II NYSE: (BMRG).

Portrait

Henry E. Bartoli , Board of Directors

Bio

Henry E. Bartoli, a seasoned executive with more than 35 years of experience in the global power industry, 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.

Mr. Bartoli also serves as a member of the Board of Directors of FERMILAB, United States’ premier particle physics laboratory owned by the U.S. Department of Energy

Portrait

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.

Portrait

Joseph A. Tato , Board of Directors

Bio

Joseph A. Tato has significant leadership experience in the areas of energy and natural resources, infrastructure project development and finance, and has been counsel in some of the largest public private partnership transactions completed to date including energy, road and rail projects in the U.S. and globally.

Mr. Tato currently is a Partner with Covington & Burling, LLP, responsible for Project Development & Finance, and is a member of its Africa and Latin America Practice Groups. From 2012 to 2020, he was a Partner with DLA Piper, LLP, and Chair of Projects and Infrastructure, as well as Co-Chair of its Energy Sector and a member of its Africa Committee. Before that, from 1983 to 2012, Mr. Tato was an associate and since 1998 a Partner with LeBoeuf, Lamb, Greene, & MacRae, LLP (Dewey & LeBoeuf LLP), and served as Chair of Global Project Finance and its Africa Practice.

He has served as Director, Cameroon Enterprises, since 2017. Additionally, he has served as Director, Covanta Energy Corporation, from 2000 to 2004, and as Assistant Secretary and Counsel to the Board of Directors of SITA U.S.A., a subsidiary of Suez, from 1996 to 1999.

He earned a Bachelor’s Degree from Columbia College, a Master’s Degree from Columbia University, and a Juris Doctor from New York University School of Law. He is admitted to practice law in the State of New York.

Portrait

Rebecca Stahl , Board of Directors

Bio

With 25 years’ experience in finance and accounting, Rebecca Stahl currently serves as Chief Financial Officer of The Association for Manufacturing Technology (AMT), an organization that represents and promotes U.S.-based manufacturing technology and its members who design, build, sell, and service the industry. Before joining AMT, she held positions of increasing responsibility at Lightbridge Communications Corporation (LCC), a multinational wireless engineering company, including serving as Chief Financial Officer from 2008 to 2015. While at LCC, she led several financing rounds, senior bank refinancing and M&A transactions that led to an eventual sale of the company in 2015.

Prior to LCC, Ms. Stahl was with BT Infonet, a multinational data communications company, as the Senior Director of Finance and Administration where she managed $600 million in revenue. From 1998-2000, she was a Senior Analyst of Operations Planning for The Walt Disney Company in Burbank, Calif. She started her career at Arthur Anderson LLP serving clients of public and private companies in the real estate and financial services industries.

Ms. Stahl is a certified public accountant. She earned a Bachelor of Science in Accounting from The Pennsylvania State University, and a Master of Business Administration from the Anderson School of Management at University of California Los Angeles, with an emphasis in Finance. Her professional affiliations include memberships at both the American Institute of Certified Public Accountants and Virginia Society of Certified Public Accountants.

Portrait

Philip D. Moeller , Board of Directors

Bio

The Honorable Philip D. Moeller is Executive Vice President, Business Operations Group and Regulatory Affairs, at the Edison Electric Institute (EEI). EEI is the association that represents all of the nation’s investor-owned electric companies. In his role at EEI, he has significant responsibility over a broad range of issues that affect the future structure of the electric power industry and new rules in evolving competitive markets including energy supply and finance, environment, energy delivery, energy services, federal and state regulatory issues, and international affairs.

Prior to joining EEI in February 2016, Mr. Moeller served as a Commissioner on the Federal Energy Regulatory Commission (FERC), ending his tenure as the second-longest serving member of the Commission. In office from 2006 through 2015, Mr. Moeller ended his service as the only Senate-confirmed member of the federal government appointed by both President George W. Bush and President Barack Obama.

Earlier in his career, Mr. Moeller headed the Washington, D.C., office of Alliant Energy Corporation. He also served as a Senior Legislative Assistant for Energy Policy to U.S. Senator Slade Gorton (R-WA), and as the Staff Coordinator of the Washington State Senate Energy and Telecommunications Committee in Olympia, Washington.

Mr. Moeller received a Bachelor of Arts in Political Science from Stanford University.

Committee Composition