David R. Goodman, Vice President of the Manager, ISE Board Member and current holder of ISE Series A Preferred Stock and ISE Warrants, is the former Chairman and CEO of United American Energy Corp. Mr. Goodman is a 31-year participant in the power generation and construction industries. He formed United American Hydropower Group in 1980, which subsequently became United American Energy Corp. (“UAE”) in 1983. Between 1980 and the time of its sale in December 2003 UAE operated and/or owned interests in 22 power plants, aggregating over 895 MW of capacity and sited in Maine, Massachusetts, Connecticut, New York, Pennsylvania, California and Virginia. UAE has both developed and built projects and acquired power plants from other owners using various kinds of fuels including hydroelectric, gas, coal and waste fuel products such as waste rice hulls and municipal solid waste.
Prior to UAE, Mr. Goodman was employed for seven years by Grow Tunneling Corp., a leader in constructing large municipal underground public works projects. He served as Field and then Project Engineer and Business Manager on the New York City Water Tunnel, one of the largest public works infrastructure projects in the country. Among other tasks, he was responsible for the utility and power infrastructure, which was the largest of its type for any construction project in New York City. He was also Project Manager for construction work on the Atlanta Airport River Diversion tunnel, Atlanta, Georgia and numerous other underground projects.
Mr. Goodman earned a B.S., (Civil Engineering) from Antioch College in 1969 and an M.B.A. from Stanford University in 1971. He is a member of the American Society of Civil Engineers, member of the Moles, former president of the New York Alliance for Hydroelectric Energy, former director of the National Hydropower Association, member and director of the Electric Power Supply Association and member of the New York Independent Power Producers Association. He has written and lectured on all aspects of independent energy financing, project financing, power contracts and remediation of distressed independent power projects.
Donald T. Krom Jr.
Donald T. Krom Jr., has had over 23 years of financial, administrative and engineering experience. He was Senior Vice President and Chief Financial Officer of United American Energy Corp. and held a variety of increasingly responsible positions in development, finance and administration dating back to his joining United American Energy Corp. in its infancy in 1984.
Mr. Krom is a Director of ISE Corporation and was a Director of American Ref-Fuel Company from April 2001 to December 2003. Mr. Krom holds a Bachelor of Science in Civil Engineering from Lehigh University and a Master of Business Administration from Pace University.
Stephen P. Strait
Stephen P. Strait has over 23 years of operations and financial experience. He was Senior Vice President and Chief Operating Officer of United American Energy Corp. and held a variety of increasingly responsible positions in all aspects of operations He was also an officer and Director in United American Energy Corp.’s operating subsidiaries.
Prior to 1987, he was a chief engineer responsible for the shipyard overhaul of nuclear power plants. Mr. Strait is a Director of ISE Corporation. Mr. Strait holds a Bachelor of Science in Mechanical Engineering from Lehigh University and a Master in Business Administration from Rutgers University.
Joseph L. Polselli, Jr.
Joseph L. Polselli, Jr. CFA, is Treasurer and Director – Financial Analysis for the Sponsor. He has 12 years of experience in the power and chemical process industries as engineer, business developer and financial analyst. He was at United American Energy Co. for 7 years and in his last position with UAE, served as their Director of Financial Management. Mr. Polselli played a key role in all of the large acquisition and divestitures, as well as in all of the equity and debt security sales, accomplished by UAE during his tenure.
Prior to joining UAE in December 1996, he was employed by Covanta Energy, and earlier he worked as a Chemical Process Engineer for John Brown, Inc. and as an Environmental Engineer for the State of Rhode Island.
Mr. Polselli graduated from the University of Rochester with a BS in Chemical Engineering, earned a MBA from the University of Pittsburgh, is a member of the Association of Investment Management and Research, and is a Chartered Financial Analyst.