BNET Industries
Market Cap:$2.3B
Last Fiscal Year Sales:$2.1B
- Public
- US
Dow Jones Description
Dresser-Rand is among the largest global suppliers of rotating equipment solutions, designing, manufacturing and servicing a wide range of technologically advanced centrifugal and reciprocating compressors, steam and gas turbines, expanders, multiphase turbine separators, portable ventilators, and control systems.
President and Chief Executive Officer
Vincent R. VolpeNumber of Employees 6,000
Contact Information
10205 Westheimer Road
West 8 Tower, Suite 1000
Houston, Texas 77042
713-354-6100
Peer Companies
NAICS Code Turbine and Turbine Generator Set Units Manufacturing: 333611
Recent Events
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Dresser-Rand Supplies Equipment for Aseng FPSO
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Dresser-Rand Group Inc. Names New Independent Director
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Dresser-Rand Reports Strong Third Quarter 2009 Results
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Dresser-Rand Strengthens Position in Midstream Market with Acquisition of Compressor Renewal ...
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Grenland Group Builds Generator Sets for Petrobras' P-55
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Dresser-Rand Reports Solid Second Quarter 2009 Results
News & Analysis
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dresser-rand group inc. - All News and Analysis
Flowserve, Dresser-Rand Dominate Oil & Gas Niches
Tate Dwinnell submits: By Guest Author: Robert Williams, PhD, P.E. There are many companies involved in all aspects of the oil/gas industries but very few gain a significant market dominance. Some achieve this by acquisitions of various significant companies. Referring back to the last oil/gas industry perspective...
Dresser-Rand Group: A Backdoor Play on Oil and Gas
Paul Price submits: Dresser-Rand DRC May 1, 2009 $25.20 (2:45 PM EST) 52-week range: $11.70 (Nov. 21, 2008) - $42.41 (June 6, 2008) Dresser-Rand is among the largest suppliers of rotating equipment solutions to the worldwide oil, gas, petrochemical, and process industries. The Company operates manufacturing facilities...
Dresser-Rand Group Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator instructions We’ll pause for a moment to assemble our roster. We'll take our first question from Roger Read from Natexis Bleichroeder. Roger Read – Natexis Bleichroeder Hi. Good morning, gentlemen. Vince Volpe Good morning, Rog [ph]. Roger Read – Natexis Bleichroeder Good quarter guys....
Dresser-Rand Group Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions. We will now take our first question from James West with Barclays Capital. James West - Barclays Capital Good morning, guys. Vince Volpe Good morning, James. James West - Barclays Capital Vince, clearly, the order rate for the third quarter was strong. It sounds...
T. Boone Pickens' Stocks Struggle
Hickey and Walters Bespoke submit: Judging by the performance of T. Boone Pickens' stock holdings at the end of the second quarter, it hasn't been a good couple of months. While there's no telling yet what Pickens has done in his BP Capital fund this quarter, if he...
Battery Technology: A Different Set of Rules
John Petersen submits: The last month has been a lot of fun! I enjoy writing for Seeking Alpha because it’s an open forum where deathless prose is discouraged and key macro-economic concepts take priority over petty detail. While reader comments have made it clear that folks don’t like it when...
Grid-based Energy Storage: Birth of a Giant
John Petersen submits: As expected, A123 Systems filed a registration statement for a planned $175 million IPO last Friday. I believe the A123 IPO, together with recent industry reports by Merriman Curhan Ford and Lux Research, will begin to draw attention to the energy storage sector in a whole new...
Dresser-Rand Group, Inc. Q2 2008 Earnings Call
Question-and-Answer Session by Seeking Alpha
Dresser-Rand Group, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionAnd our first question comes from Jeff Spittel with Natexis Bleichroeder. Jeffrey Spittel - Natexis Bleichroeder Good morning, gentlemen. Vincent R. Volpe Jr. - President and Chief Executive Officer Good morning, Jeff. Jeffrey Spittel - Natexis Bleichroeder Vince, I was wondering if you could talk broadly about the...
Dresser-Rand Group, Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionThank you. The question-and-answer session will be conducted electronically. [Operator Instructions]. And we will take our first question from James West with Lehman Brothers. James West - Lehman Brothers Hi. Good morning, guys. Vincent R. Volpe Jr. - President and Chief Executive Officer Good morning, James. James West...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Vincent R. Volpe | President and Chief Executive Officer |
| Bradford W. Dickson | Vice President and Chief Marketing Officer |
| Elizabeth C. Powers | Chief Administrative Officer |
| Lonnie A. Arnett | Chief Accounting Officer |
| Mark E. Baldwin | Executive Vice President and Chief Financial Officer |
| Raymond L. Carney | Vice President, Controller and Chief Accounting Officer |
| Steve Brady | Chief Information Officer |
| Jesus M. Pacheco | Executive Vice President, New Equipment Worldwide |
| Luciano Mozzato | Executive Vice President, Product Services Worldwide |
| Christopher Rossi | Vice President, Technology and Business Development |
| Dick G. Heusinkveld | Vice President and General Manager, Asia Pacific Operations |
| James R. Heid | Vice President, Business Solutions |
| Jean-Francois Chevrier | Vice President, New Infrastructure Development |
| Jerome T. Walker | Vice President and General Manager, North America and Asia Pacific Operations |
| John Hanigan | Vice President, Asia Pacific Operations |
| Kenneth R. Marcia | Vice President, Supply Chain Management & Process Innovation |
| Mark F. Mai | Vice President, General Counsel, and Secretary |
| Nicoletta Giadrossi | Vice President and General Manager, ESA Operations |
| Peter T. Salvatore | Vice President and General Manger, Worldwide Field Operations |
| Randy Rinicella | Vice President |
| Robert J. Saltarelli | Vice President and Treasurer |
| Stephen Riordan | Vice President, Finance |
| Tom Bartholomew | Vice President, Worldwide Supply Chain Management |
| Walter J. Nye | Vice President, European Operations |
| Pierre Dumas | Director, Supply Chain Management |
| Diana Maguire | Manager, Web Communications |
| Susan Blazejewski | Manager, HR |
| Tom Williams | Assistant General Counsel |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| William E. Macaulay | Chairman of the Board |
| Joseph C. Winkler | Board of Directors |
| Kenneth W. Moore | Board of Directors |
| Louis A. Raspino | Board of Directors |
| Mark A. McComiskey | Board of Directors |
| Michael L. Underwood | Board of Directors |
| Philip R. Roth | Board of Directors |
| Rita V. Foley | Board of Directors |
Vincent R. Volpe Jr. is our President and Chief Executive Officer and has served as a member of our board of directors since the acquisition in October 2004. Mr. Volpe has been with Dresser-Rand Company and its predecessor companies since 1981. He has held positions in Engineering, Marketing and Operations residing and working in various countries, including: Applications Engineer in Caracas, Venezuela; Vice President Dresser-Rand Japan in Tokyo, Japan; Vice President Marketing and Engineering Steam and Turbo Products; Executive Vice President European Operations in Le Havre, France; and President Dresser-Rand Europe in London, U.K. Mr. Volpe returned to Olean in January 1997 and became President of Dresser-Rand Company's Turbo Product Division, a position he held until September 2000. In April 1999, he assumed the additional role of Chief Operating Officer for Dresser-Rand Company, responsible for worldwide manufacturing, technology and supply chain management, serving in that position until September 2000. Mr. Volpe became President and Chief Executive Officer of Dresser-Rand Company in September 2000. He is proficient in five languages. Mr. Volpe earned a BS in Mechanical Engineering and a BA in German literature, both from Lehigh University.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | President and Chief Executive Officer | Current |
| Dresser-Rand Group Inc. | Board of Directors | Current |
| Dresser-Rand Group Inc. | President, Dresser-Rand Europe | Former |
| Dresser-Rand Group Inc. | President, Dresser-Rand Company's Turbo Product Division | Former |
| Dresser-Rand Group Inc. | Chief Operating Officer | Former |
| Dresser-Rand Group Inc. | Executive Vice President, European Operations | Former |
| Dresser-Rand Group Inc. | Vice President, Dresser-Rand Japan | Former |
| Dresser-Rand Group Inc. | Vice President, Marketing and Engineering, Steam and Turbo Products | Former |
| Dresser-Rand Group Inc. | Applications Engineer | Former |
| Lehigh University | BS In Mechanical Engineering | Former |
| Lehigh University | BA in German Literature | Former |
Bradford W. (Brad) Dickson was appointed Vice-President and Chief Marketing Officer of the Company in June 2007. Mr. Dickson had previously been an Executive Vice President of the Company since January 1999, most recently as our Executive Vice-President New Equipment Worldwide since 2004. He was named a Corporate Officer of the Company in 2000. Mr. Dickson also carries oversight responsibility for Corporate Marketing and Communication Services as well as the Government Business Unit. He has over 30 years of experience in the global energy industry working with compressors and turbines for process, oil and gas applications, having been with Dresser-Rand Company and its predecessor companies since 1977. He has held numerous leadership positions in International Sales, Marketing, and Project Management for Dresser-Rand Company and its predecessors, including three years in Caracas, Venezuela as Managing Director, Venezuelan and Colombian Operations; seven years in Los Angeles as Key Accounts Manager; seven years as Sales Engineer working in the Overthrust Belt of Wyoming/Utah; and early in his career as International Marketing Manager in Houston for the former Southwest Industries oilfield compressor services division. He served as a Director on the Board of Paragon Engineering Services (now AMEC Paragon) from 2001-2004. Mr. Dickson earned a BS in Engineering from the University of Illinois and an MBA from the University of Southern California's Marshall School of Business.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President and Chief Marketing Officer | Current |
| Dresser-Rand Group Inc. | Executive Vice President, New Equipment Worldwide | Former |
| Dresser-Rand Group Inc. | Managing Director, Venezuelan and Colombian Operations | Former |
| Dresser-Rand Group Inc. | Key Accounts Manager | Former |
| Dresser-Rand Group Inc. | International Marketing Manager, former Southwest Industries Oilfield Compressor Services Division | Former |
| Dresser-Rand Group Inc. | Sales Engineer | Former |
| University of Illinois | BS In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Chief Administrative Officer | Current |
| Dresser-Rand Group Inc. | Vice President, Human Resources | Former |
| Dresser-Rand Group Inc. | Director of Human Resources, Ingersoll-Rand Businesses | Former |
| Cornell University | BS | Former |
| Dresser-Rand Group Inc. | Team Member | Former |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Chief Accounting Officer | Current |
| International Steel Group Inc. | Board of Directors | Current |
| Bethlehem Steel | Chief Accounting Officer | Former |
| International Steel Group Inc. | Chief Accounting Officer | Former |
| Dresser-Rand Group Inc. | Vice President | Former |
| International Steel Group Inc. | Vice President | Former |
| Bethlehem Steel | Vice President | Former |
| Dresser-Rand Group Inc. | Controller | Former |
| International Steel Group Inc. | Controller | Former |
| Bethlehem Steel | Controller | Former |
| Western Kentucky University | B.S. In Accounting | Former |
| Harvard Business School | Amp | Former |
Mark E. Baldwin was elected Executive Vice President and Chief Financial Officer on August 24, 2007. Prior to that, he served three years as the Executive Vice President, Chief Financial Officer and Treasurer of Veritas DGC Inc., a public energy service company. Other previous experience includes two years as Executive Vice President and Chief Financial Officer for NextiraOne, a voice and data products distribution company, and four years as Chairman of the Board and Chief Executive Officer for Pentacon Inc. Mr. Baldwin led Pentacon through an IPO in 1998 and the formation of the Board of Directors and senior leadership team. He also spent 17 years with Keystone International Inc. in a variety of finance and operations positions, including Treasurer, Chief Financial Officer and President of the Industrial Valves and Controls Group. Mr. Baldwin earned a B.S. in Mechanical Engineering from Duke University, and an MBA from Tulane University.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Executive Vice President and Chief Financial Officer | Current |
Raymond L. Carney has been Vice President, Controller and Chief Accounting Officer at Dresser-Rand since November 2008. Prior to that, he served for more than two years as Group Controller of Alcoa's Global Rolled Products division. From December 2002 to August 2006, Mr. Carney held financial leadership positions in Alcoa's corporate controllership group. He worked for Ernst & Young for 13 years in various leadership positions and was responsible for client projects including public filings, acquisitions, and audit engagements. Mr. Carney, a CPA, earned a B.S. in accounting from the Pennsylvania State University.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Controller and Chief Accounting Officer | Current |
Steve Brady has been Dresser-Rand's Chief Information Officer since December 14, 2008. Mr. Brady has a diverse background in information technology and business systems implementations. Prior to working for Dresser-Rand, his most recent position was the Program Director responsible for the redesign and standardization of processes for the global supply chain management system at ConocoPhillips, an integrated energy company. His previous experience includes seven years as Management Information Systems (MIS) Manager in an engineer to order environment at TRW Electronic Products, a space and defense contractor, as well as the Chief Information Officer at National Oilwell, an oil services company engaged in oil and gas drilling and production, implementing their Enterprise Resource Planning (ERP) system for their global distribution business, and as the director of consulting services implementing manufacturing and financial systems at a variety of large manufacturing and distribution companies. Mr. Brady has 25 years experience as an implementation project leader and programmer with Enterprise Resource Planning (ERP) systems that integrate manufacturing, finance, planning, supply chain and other administrative functions. Mr. Brady received his Bachelor's degree from the University of Colorado.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Chief Information Officer | Current |
| National Oilwell Varco, Inc. | Chief Information Officer | Former |
Jesus M. Pacheco was appointed Executive Vice President, New Equipment Worldwide in June of 2007. He is responsible for all company new equipment sales and client services worldwide. Mr. Pacheco has been with Dresser-Rand Company since 1990. He has held various leadership positions in Application Engineering, Extended Scope and Marketing for Dresser-Rand Company, including responsibilities as Regional Director for the former Soviet Union, based in London, UK, and Marketing Manager for the European Served Area (Europe, Eurasia, Africa and the Middle East) based at our manufacturing facility in Le Havre, France. From January 1999 to August 2000, Mr. Pacheco served as Vice President, Client Services for the Latin America Region. He assumed Client Services responsibilities for The Americas Region in August 2000, expanding them to include the European Served Area in July 2006. Mr. Pacheco has 25 years of experience in the global energy industry, including 8 years with a major oil and gas operator in Venezuela, working with compressors, turbines and compression facilities for process, oil and gas applications. Mr. Pacheco earned a BSE in Mechanical Engineering and a BS in Economics from the University of Michigan at Ann Arbor.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Executive Vice President, New Equipment Worldwide | Current |
| Dresser-Rand Group Inc. | Vice President, Client Services for the Latin America Region | Former |
| Dresser-Rand Group Inc. | Regional Director for the former Soviet Union | Former |
| Dresser-Rand Group Inc. | Marketing Manager, European Served Area | Former |
Luciano Mozzato has been our Executive Vice President, Product Services Worldwide, responsible for all Product Services including the Field Operations since January 5, 2009. Mr. Mozzato has held a variety of leadership positions in sales, operations, and the aftermarket business within United Technology's Otis Elevator division, the world's largest company in the manufacture, installation and service of elevators, escalators and moving walkways, including Vice President and General Manager of their Latin America business and Vice President and General Manager of their Italian subsidiary. In addition, Mr. Mozzato served as the Vice President of Global Supply Chain and Logistics Worldwide, and as the Italian subsidiary's Product Director, Director of Engineering, and Field Service Manager. He started his career as a mechanic and earned a diploma in electronic engineering from the ITI Institute in Italy. Mr. Mozzato also holds a Bachelor of Science in Mechanical Engineering from Hartford University in the U.S.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Executive Vice President, Product Services Worldwide | Current |
Christopher Rossi has been our Vice President of Technology and Business Development for Dresser-Rand since January 1, 2009. Mr. Rossi has been with Dresser-Rand and its predecessor companies since 1987. He has held various leadership positions within Dresser-Rand in the areas of Engineering, Supply Chain Management, Operations Management, and Sales. From January 2007 to December 2008, Mr. Rossi was Executive Vice President Worldwide Product Services, responsible for worldwide aftermarket sales. Mr. Rossi served as Vice President and General Manager, North American Operations, responsible for all U.S. manufacturing operations and worldwide Development Engineering from October 2003 to December 2006. Mr. Rossi earned a BSME from Virginia Tech and an MBA in Corporate Finance and Operations Management from the University of Rochester's Simon School of Business.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Technology and Business Development | Current |
| Dresser-Rand Group Inc. | Executive Vice President, Worldwide Product Services | Former |
| Dresser-Rand Group Inc. | Vice President and General Manager, North American Operations | Former |
| Virginia Polytechnic Institute and State University | BSME | Former |
Dick G. Heusinkveld has been our Vice President and General Manager, Asia Pacific Operations since June 30, 2007. Mr. Heusinkveld has been with Dresser-Rand Group Inc and its predecessor companies since 1976. He started with Dresser-Rand as an application engineer in Toronto, Canada. During his career, he has held leadership roles in operations, sales, business development, marketing, and engineering. Mr. Heusinkveld was the General Manager of the separable packaging operation in Canada, and also opened the first D-R service center in Canada, serving as its General Manager. Other prior positions include gas engine project manager in Painted Post, New York; Canadian sales director for new equipment; and nine years in the European Served Area and Eurasia working out of the UK and the Czech Republic, where he was responsible for the company's activities in the former Soviet Union. He most recently held the position of Director of Power Recovery and Power Turbines for Product Services in Olean, New York. Mr. Heusinkveld holds a BSME from Queen's University in Kingston, Ontario, Canada. He is a registered professional engineer in the provinces of Alberta and Ontario, Canada.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President and General Manager, Asia Pacific Operations | Current |
| Dresser-Rand Group Inc. | Canadian Sales Director for New Equipment | Former |
| Dresser-Rand Group Inc. | Director of Power Recovery and Power Turbines for Product Services | Former |
| Dresser-Rand Group Inc. | Gas Engine Project Manager | Former |
| Dresser-Rand Group Inc. | Application Engineer | Former |
Jim Heid is the Vice President of Global Business Solutions for Dresser-Rand Company. He was appointed in 2003, responsible for Alliances and Major Solution Activity Worldwide. In addition, he has responsibility for Latin America Sales, the Separable Business Unit Sales and Marketing and the Micro Turbine Business Unit. Mr. Heid joined the Ingersoll-Rand Company in 1979 as a Sales Engineer. Jim has held positions in both Operations and Sales/Marketing for Dresser-Rand. In1986, he became responsible for the Western Region of Dresser-Rand Product Services that was responsible for Service Center and Field Service Operations, as well as sales activity for the Western U.S. and Canada. Then in 1992, he became Vice President of all Aftermarket Sales for the Western Hemisphere. In 1994, he was appointed Vice President of Sales for both Units and Aftermarket for the Eastern half of the United Sates and Mexico. In 1997, Jim was appointed to the position of VP Gulf South Region that included sales for Southern U.S. and Latin America, Product Services Operation and the D-R Controls SBU. Mr. Heid graduated from Penn State University with a degree in Electrical Engineering and later graduated from the University of Houston Graduate Studies in Executive Development. Jim is a Marine Corp and Vietnam Veteran.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Business Solutions | Current |
| Dresser-Rand Group Inc. | Vice President, Aftermarket Sales for the Western Hemisphere | Former |
| Dresser-Rand Group Inc. | Vice President of Sales, Eastern Half of the United Sates and Mexico | Former |
| Dresser-Rand Group Inc. | Vice President, Gulf South Region | Former |
Jean-Francois Chevrier has been our Vice President, New Infrastructure Development since January 1st, 2009. Previously, Mr. Chevrier served as our Vice President and General Manager of North American Operations for Dresser-Rand since March 2007 and Vice President and General Manager, European Operations since October 2004. Mr. Chevrier has been with Dresser-Rand and its predecessor companies since 1990. From August 2000 to October 2004, Mr. Chevrier served as the Vice President & General Manager for European Operations in Le Havre, France, which included responsibility for our businesses and plants in Oberhausen, Germany, and Kongsberg, Norway. From March 1997 to July 2000, he held the position of Vice President & General Manager, French Operations. Additionally, he has held various other leadership positions including Operations Manager in Le Havre, France; Director, Special Projects in Olean, New York; and General Manager Turbo Products, Europe. Prior to joining Dresser-Rand, Mr. Chevrier held various leadership positions at a Peugeot subsidiary, specializing in military and aerospace hydraulic equipment. Mr. Chevrier earned a BSME from Tarbes University in France.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, New Infrastructure Development | Current |
| Dresser-Rand Group Inc. | Vice President and General Manager, European Operations | Former |
| Dresser-Rand Group Inc. | Vice President & General Manager, French Operations | Former |
| Dresser-Rand Group Inc. | General Manager, Turbo Products, Europe | Former |
| Dresser-Rand Group Inc. | Vice President and General Manager, North American Operations | Former |
| Dresser-Rand Group Inc. | Director, Special Projects | Former |
| Dresser-Rand Group Inc. | Operations Manager | Former |
Jerry Walker has been our Vice President and General Manager, North America and Asia Pacific Operations for Dresser-Rand Group Inc. since January 1, 2009. Prior to joining Dresser-Rand, Mr. Walker held various senior leadership roles at Honeywell International is a diversified technology and manufacturing company, between 1993 and 2008. His most recent position was Vice President of Global Operations from 2005 – 2008 where he led all aspects of Manufacturing, Supply Chain and Project Operations for Honeywell's global industrial automation and control business. Prior to that, he led Honeywell's Europe, Middle East and Africa industrial business unit for three years as Vice President and General Manager, based in Brussels, Belgium. He also served as Vice President of Sales, Vice President of Business Development and Director of Marketing at Honeywell. He started his career in operations at the BP (formerly Amoco) Whiting Refinery outside Chicago and also worked in Product Marketing at Emerson Electric. Mr. Walker has a BS in Chemical Engineering from the University of Notre Dame and an MBA from Northwestern University's Kellogg Graduate School of Management.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President and General Manager, North America and Asia Pacific Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Asia Pacific Operations | Current |
| Dresser-Rand Group Inc. | General Manager, Asia Pacific Operations | Former |
Ken Marcia was appointed our Vice President Supply Chain Management & Process Innovation in January 2006. Prior to joining Dresser-Rand, Mr. Marcia held executive leadership positions within United Technologies Corporation. From March 1999 to December 2005, Mr. Marcia served as Director Supplier Development for United Technologies Corporation including its divisions; Carrier Corporation, Pratt & Whitney, Hamilton Sundstrand, Sikorsky, Otis, UTC Power, and UTC Fire & Security. Prior to this assignment Mr. Marcia held the following positions within the Hamilton Sundstrand division: Vice President of Purchasing, Director of Operations, Commercial Aircraft Products General Manager, Director of Environmental Control Systems, Quality Engineering Manager, and Chief of Manufacturing Engineering. Mr. Marcia has spoken at numerous industry forums on Supply Chain and Lean including Purchasing Magazine's CPO Summit, the Institute for Supply Management (ISM) annual conference, the Connecticut Shingo Prize Conference, Supplier Excellence Alliance symposiums, and Business VoiceAmerica. Mr. Marcia graduated cum laude with a BS in Mathematics from the University of Hartford. Additionally, he has twice been elected Board President of the Supplier Excellence Alliance (www.seaonline.org) , and served on the Board of the National Minority Supplier Development Council (www.nmsdc.com).
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Supply Chain Management & Process Innovation | Current |
Mark F. Mai joined Dresser-Rand in October 2007 as Vice President, General Counsel, and Secretary. Prior to that Mr. Mai held various positions at Cooper Industries, an international manufacturing company, between 1991 and 2000 and 2003 and 2007. As Cooper's Associate General Counsel from 2003 until 2007, Mr. Mai led a team that handled the legal needs of Cooper's business operations and its active merger and acquisition strategy. As Cooper's Associate General Counsel, Litigation from 1999 to 2000, he managed Cooper's global litigation issues. From 2000 to 2003, Mr. Mai was a partner at the law firm of Thompson & Knight, LLP heading up the Corporate and Securities practice for its Austin office. He began his professional career in 1986 as an associate of Baker, Brown, Sharman & Parker, which later merged into Thompson & Knight. Mr. Mai earned a BBA with a concentration in finance from the University of Notre Dame and a JD from the University of Texas.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, General Counsel, and Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President and General Manager, ESA Operations | Current |
Peter Salvatore has been our Vice President and General Manger of Worldwide Field Operations since the acquisition in October 2004. Mr. Salvatore has been with Dresser-Rand since 1989. Prior to that time, he held various management positions with General Electric and Textron. At Dresser-Rand Mr. Salvatore has held leadership positions in materials management, production, aftermarket parts, field services and repair operations. Mr. Salvatore was Vice President of Steam Turbine Aftermarket from 1994-1998. In 1998 he became Vice President of Product Services until 2001. In 2001 he became Vice President of Worldwide Field Services until 2004 where he now is Vice President and General Manager Worldwide Field operations with responsibility for all Field Services, Repair Centers, Field Solutions and Client Training worldwide. Mr. Salvatore earned a BS in Math and Physics from Siena College and an MS in Industrial Administration from Union College's School of Management.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President and General Manger, Worldwide Field Operations | Current |
| Dresser-Rand Group Inc. | Vice President, Steam Turbine Aftermarket | Former |
| Dresser-Rand Group Inc. | Vice President, Product Services | Former |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President | Current |
| Dresser-Rand Group Inc. | Secretary | Current |
| Dresser-Rand Group Inc. | Chief Compliance Officer | Former |
| Reminger & Reminger Co | Partner | Former |
| Dresser-Rand Group Inc. | General Counsel | Former |
| Reminger & Reminger Co | Associate | Former |
| Buchanan Ingersoll & Rooney Professional Corporation | Shareholder | Former |
| Cleveland State University | MBA | Former |
| Case Western Reserve University | BS In Management | Former |
Robert J. Saltarelli has been our Vice President and Treasurer since July 2005. Just prior to joining Dresser-Rand, he served as Vice President and Treasurer at American Household, Inc. (formerly the Sunbeam and Coleman companies) since October 2003. Mr. Saltarelli has 30 years of experience in corporate finance, global capital markets, risk management and cash/banking treasury functions. From 1976 to 1990, Mr. Saltarelli performed financial audit, planning and treasury roles, each with increasing responsibilities, at J.C. Penney Company, Inc.. Following his time at J.C. Penney, Mr. Saltarelli has held a variety of financial leadership positions including: Assistant Treasurer at Melville Corp. from 1990 to 1992; Director of Capital Markets and Director of International Finance at W.R. Grace & Co. from 1992 to 1995; Director of International and Corporate Finance at Tupperware Corporation from 1996 to 1997; Treasurer at Breed Technologies, Inc. from 1997 to 1999 and again from 2000 to 2003; and also Vice President and Treasurer at Sunterra Corporation from 1999 to 2000 Mr. Saltarelli obtained a BA in accounting from Seattle University and his MBA from Columbia University, New York. He is accredited as a Certified Public Accounting (CPA) and Certified Internal Auditor (CIA) passing both exams.
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President and Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Finance | Current |
| Dresser-Rand Group Inc. | Chief Financial Officer | Former |
| Ingersoll-Rand Company Limited | Worldwide Division Controller, Ingersoll, Rand's European Paving Equipment | Former |
| Lehigh University | MBA | Former |
| Bentley College | BS In Accountancy | Former |
| Ingersoll-Rand Company Limited | Team Member | Former |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, Worldwide Supply Chain Management | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Vice President, European Operations | Current |
| Dresser-Rand Group Inc. | President, Services Division | Former |
| Dresser-Rand Group Inc. | General Manager, European Operations | Former |
| Dresser-Rand Group Inc. | Controller, Turbo Products Division | Former |
| St. Bonaventure University | Bba | Former |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Director, Supply Chain Management | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Manager, Web Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Manager, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Assistant General Counsel | Current |
William E. Macaulay is the Chairman and Chief Executive Officer of First Reserve Corporation, a Connecticut-based private equity investment firm, which he joined in 1983. Mr. Macaulay served as a director of Weatherford Enterra from October 1995 to May 1998. He serves as a director of Dresser-Rand Group, Inc. (a supplier of compression and turbine equipment to the oil, gas, petrochemical and industrial process industries).
| Organization | Position | Status |
|---|---|---|
| First Reserve Corporation | Chief Executive Officer | Current |
| Waukesha Engine Division Dresser Industries | Current | |
| Dresser-Rand Group Inc. | Chairman of the Board | Current |
| First Reserve Corporation | Chairman | Current |
| Weatherford International Ltd. | Board of Directors | Current |
| The Rogosin Institute | Board of Directors | Current |
| The Rogosin Institute | Vice-Chairman | Current |
| Pride International, Inc. | Board of Directors | Current |
| National Oilwell Varco, Inc. | Director | Current |
| Dresser Al Rushaid Valve and Instrument Co. (Darvico) | Director | Current |
| Consolidatedvalve.Com | Board of Directors | Current |
| Masoneilan Company, Ltd. | Board of Directors | Current |
| Weatherford International Ltd. | Chairman and Chief Executive Officer of First Reserve Corporation | Former |
| Oppenheimer & Co. Inc. | General Partner | Former |
| Oppenheimer & Co. Inc. | Director of Corporate Finance | Former |
| Alpha Natural Resources, Inc. | Chairman | Former |
| Pride International, Inc. | Chairman | Former |
| Foundation Coal Holdings, Inc. | Chairman | Former |
| Foundation Coal Holdings, Inc. | Board of Directors | Former |
| Oppenheimer & Co. Inc. | Board of Directors | Former |
| Wharton Graduate School of the University of Pennsylvania | M.B.A. | Former |
| Wharton Graduate School of the University of Pennsylvania | B.B.A. Degree | Former |
| City College of New York | B.B.A. degree, Magna Cum Laude in Economics | Former |
| Oppenheimer & Co. Inc. | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Complete Production Services, Inc. | CEO | Current |
| Complete Production Services, Inc. | Board Chairman | Current |
| Iem, Inc | Board Director | Current |
| IPS Corporation | Board Director | Current |
| Dresser-Rand Group Inc. | Board of Directors | Current |
| Varco International, Inc. | President | Former |
| Complete Production Services, Inc. | President | Former |
| Varco | President | Former |
| Varco | Executive Vice President and Chief Financial Officer | Former |
| Varco International, Inc. | Coo | Former |
| D.O.S. LLC | Cfo | Former |
| Baker Hughes INTEQ | Chief Financial Officer | Former |
| National Oilwell Varco, Inc. | Chief Operating Officer | Former |
| National Oilwell Varco, Inc. | Executive Vice President | Former |
| Louisiana State University | Bachelors Degree | Former |
| Complete Production Services, Inc. | Board Director | Former |
| Louisiana State University | Bachelor of Science Degree | Former |
| Organization | Position | Status |
|---|---|---|
| First Reserve Corporation | Managing Director | Current |
| Dresser-Rand Group Inc. | Board of Directors | Current |
| Chart Industries, Inc. | Board of Directors | Current |
| First Reserve Corporation | Board of Directors | Current |
| Cobalt International Energy, L | Board of Directors | Current |
| Chase Securities, Inc. | Associate | Former |
| Morgan Stanley | Former | |
| Tufts University | B.A. degree | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Pride International, Inc. | President | Current |
| Pride International, Inc. | Board of Directors | Current |
| Pride International, Inc. | Chief Financial Officer | Former |
| Grant Prideco, Inc. | Chief Financial Officer | Former |
| Pride International, Inc. | Executive Vice President | Former |
| Burlington Resources, Inc. | Senior Vice President | Former |
| Grant Prideco, Inc. | Senior Vice President, Finance | Former |
| Halliburton Company | Vice President of Finance | Former |
| Organization | Position | Status |
|---|---|---|
| First Reserve Corporation | Managing Director | Current |
| First Reserve Corporation | Director | Current |
| Dresser-Rand Group Inc. | Board of Directors | Current |
| Clayton, Dubilier & Rice, Inc. | Principal | Former |
| Debevoise & Plimpton Llp | Associate | Former |
| Harvard Law School | J.D. | Former |
| Harvard Law School | A.B. Degree | Former |
| Harvard College | A.B. Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Dresser-Rand Group Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| MeadWestvaco Corporation | Senior Vice President | Current |
| PetSmart, Inc. | Director | Current |
| Pro Mujer, Inc. | Board of Directors | Current |
| PetSmart Investor Relations Petm | Board of Directors | Current |
| Wsvma | Board of Directors | Current |
| Dresser-Rand Group Inc. | Board of Directors | Current |
| MeadWestvaco Corporation | President of Consumer Packaging Group | Former |
| MeadWestvaco Corporation | Chief Operating Officer | Former |
Executive News
-
Complete Production Services, Inc. to Present at Barclays Capital 2009 CEO Energy/Power Conference
-
Dresser-Rand to Present at Barclays Capital CEO Energy/Power Conference
-
Dresser-Rand to Present at Barclays Capital CEO Energy/Power Conference
-
Dresser-Rand Strengthens Position in Midstream Market With Acquisition of Compressor Renewal Service
-
Dresser-Rand acquires Compressor Renewal Services
-
Dresser-Rand Strengthens Position in Midstream Market With Acquisition of Compressor Renewal Services, Ltd.
-
Pride International, Inc. to Present at the Barclays CEO Energy / Power Conference
-
Seahawk Drilling, Inc. Announces Completion of Spin-Off From Pride International
-
Pride International, Inc. Announces Management Changes
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on Nov 11, 2009about KONG
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on Nov 09, 2009about CPST


