Board of Directors

Board of Directors

Timothy J. Bernlohr
Timothy J. Bernlohr
Timothy J. Bernlohr Mr. Bernlohr is the Founder and Managing Member of TJB Management Consulting, LLC, which specializes in providing project-specific consulting services to businesses in transformation, including restructurings, interim executive management and strategic planning services, since 2005. He is also the former President and Chief Executive Officer of RBX Industries, Inc. (“RBX”), which was a nationally recognized leader in the design, manufacture and marketing of rubber and plastic materials to the automotive, construction and industrial markets. Prior to joining RBX in 1997, Mr. Bernlohr spent 16 years in the International and Industry Products division of Armstrong World Industries, where he served in a variety of management positions. Mr. Bernlohr currently serves as a Director of Atlas Air Worldwide Holdings, Inc., WesRock Company and Lead Director of Chemtura Corp. Additionally, Mr. Bernlohr serves as Chairman of Champion Home Builders, Inc. and Chairman of Contech Engineered Solutions, both privately-held corporations. Within the past five years, Mr. Bernlohr served as an independent director of the following publicly-held companies: WCI Steel Company; Ambassador’ International; Smurfit Stone Container Corporation; Aventine Renewable Resources; Rock-Tenn Company; and Cash Store Financial Services, Inc. Mr. Bernlohr is a graduate of Pennsylvania State University. Mr. Bernlohr’s experience serving as a chief executive of an international manufacturing company and his varied directorship positions make him a valuable asset to the Board.
Captain Ian T. Blackley
Captain Ian T. Blackley
Captain Ian T. Blackley Captain Ian T. Blackley was the President and Chief Executive Officer of Overseas Shipholding Group, Inc. (OSG) from January 20, 2015 until December 29, 2016. He has been a Director of International Seaways, Inc. (INSW) since December 1, 2016 when OSG completed the spin-off of INSW. He is also a Director of Gard P.&I. (Bermuda) Ltd. since June 2016. Since joining OSG in 1991, Capt. Blackley held numerous operating and financial positions. Prior to his election as President and CEO, he served as Executive Vice President and Chief Operating Officer of OSG from December 2014, as Senior Vice President from May 2009 through December 2014, as Chief Financial Officer from April 2013 through December 2014, and Head of International Shipping from January 2009 through April 2013. He was a Managing Director and Chief Operating Officer of OSG Ship Management (UK) Ltd. from September 2005 through April 2013. Capt. Blackley began his seagoing career in 1971, serving as a captain from 1987 to 1991. He holds a diploma in Nautical Science from Glasgow College of Nautical Studies and a Master Mariner Class I license. His extensive experience both with the shipping industry generally and INSW in particular make him a valuable asset to the Board.
Randee Day
Randee Day
Randee Day Ms. Day is President and CEO of Day & Partners, LLC, a maritime consulting and advisory group. MS Day has 35 years of experience in executive leadership, corporate governance, restructuring and maritime finance. Prior to founding Day & Partners, LLC. in 2011, Ms. Day served as interim CEO of DHT, Maritime, Inc. Previously, Ms. Day was Managing Director at the Seabury Group, a transportation advisory firm. While working for Seabury group Ms. Day led a joint venture between OSG and Clipper on VLCC new buildings, as well as leading the creation of an alliance with Irving Capital to conduct private equity transactions in shipping and offshore. She was the Division Head of JP Morgan’s shipping group in New York. She led the arrangement of 1.5 billion to support US Navy’s procurement of 13 vessels for use in its Rapid deployment fleet. Ms. Day has served on the board of numerous public companies, including TBS International Ltd., Ocean Rig ASA, DHT Maritime Inc., Eagle Bulk and Excel Maritime.
Joseph I. Kronsberg
Joseph I. Kronsberg
Joseph I. Kronsberg Mr. Kronsberg has served in various roles at Cyrus Capital Partners, L.P. since 2006, and is currently a Principal responsible for certain investments in the financial, shipping and energy sectors. Previously, Mr. Kronsberg worked at Greenhill & Co. as a generalist in its Mergers & Acquisitions and Restructuring departments. Mr. Kronsberg has a Bachelor of Science degree in Economics from the Wharton School of the University of Pennsylvania where he graduated summa cum laude. Mr. Kronsberg’s extensive financial expertise and experience in investing and investment management make him a valuable asset to the Board.
Ronald Steger
Ronald Steger
Ronald Steger Mr. Ronald Steger began his career with KPMG in 1976 and was admitted into the partnership in 1986. He has served as an SEC Reviewing Partner, one of the firm’s most senior technical positions, and has extensive experience serving the needs of a wide variety of Fortune 1000 companies in the technology industry. Ron worked as Global Leader of KPMG’s semiconductor practice as well as National Industry Director for electronics. He presents to various trade associations and client conferences related to the global semiconductor industry and was a frequent panelist with KPMG’s Audit Committee Institute. After working for the firm for the past 37 years in New York, Munich, Silicon Valley, Orange County, and Austin, Ron retired from KPMG on December 31, 2013.
Ty E. Wallach
Ty E. Wallach
Ty E. Wallach Mr. Wallach is a Partner at Paulson & Co. Inc. (“Paulson”) and a CoPortfolio Manager at Paulson’s credit funds. Since joining Paulson in 2008, he has led numerous investments in the debt and equity of distressed and leveraged companies. Prior to joining Paulson, Mr. Wallach was a partner and Managing Director at Oak Hill Advisors, serving most recently as Co-Head of European Investments. He currently serves on the board of directors of ESH Hospitality, Inc., as well as on the boards of two non-profit organizations, Focus for a Future Inc. and New Heights Youth, Inc. Mr. Wallach is a graduate of Princeton University. Mr. Wallach’s substantial expertise in finance and investment management with leading organizations make him a valuable asset to the Board.
Douglas D. Wheat
Douglas D. Wheat
Douglas D. Wheat Mr. Wheat has served as Chairman of the Board of OSG since December 19, 2014. He has been a Managing Partner of Southlake Equity Group, a private equity firm which he founded, since its inception in 2007. From 1992 until 2006, Mr. Wheat was President of Haas Wheat & Partners. Prior to the formation of Haas Wheat, Mr. Wheat was a founding member of the merchant banking group at Donaldson, Lufkin & Jenrette where he specialized in leveraged buyout financing. From 1974 to 1984, Mr. Wheat practiced corporate and securities law in Dallas, Texas. Mr. Wheat is currently the Chairman of the board of directors of AMN Healthcare Services, Inc. (“AMN”). He has been a director of AMN since 1999, becoming Chairman in 2007. He also serves as Vice Chairman of Dex Media, Inc. and served as Chairman of SuperMedia prior to its merger with Dex One. Mr. Wheat has also previously served as a member of the board of directors of several other companies including among others: Playtex Products; Dr Pepper/Seven-Up Companies, Inc.; Dr Pepper Bottling of the Southwest, Inc.; Walls Industries, Inc.; Alliance Imaging, Inc.; Thermadyne Industries, Inc.; Sybron International Corporation; Nebraska Book Corporation; ALC Communications Corporation; Mother’s Cookies, Inc.; and Stella Cheese Company. Mr. Wheat received both his Juris Doctor and Bachelor of Science degrees from the University of Kansas in 1974 and 1972, respectively. Mr. Wheat’s finance and legal expertise and experience serving on numerous boards of directors make him a valuable asset to the Board.
Gregory A. Wright
Gregory A. Wright
Gregory A. Wright Mr. Wright co-founded One Cypress Energy LLC in 2011 and has served as its Chief Financial Officer since inception. Mr. Wright is the former Chief Financial Officer and Chief Administrative Officer of Tesoro Corporation. Mr. Wright worked for Tesoro from 1995 until his retirement in 2010, leading the company from a small exploration and production company into the third largest independent refining and marketing company in the United States. Prior to joining Tesoro, Mr. Wright worked for Valero Energy Corporation for 14 years in various positions, including Vice President of Finance, Vice President of Business Development, Vice President of Planning and Vice President of Investor Relations. Prior to joining Valero, he worked for nine years for Columbia Gas Systems Inc. in various positions in accounting, budgeting and corporate planning. He graduated from The Ohio State University with a Bachelor of Business Administration in accounting and received his Masters of Business Administration with a concentration in finance from the University of Delaware. Mr. Wright’s extensive financial leadership experience and accounting expertise make him a valuable asset to the Board.
Chad L. Valerio
Chad L. Valerio
Chad L. Valerio Mr. Chad L. Valerio was most recently a Portfolio Manager at BlueMountain Capital Management. At BlueMountain, Mr. Valerio was responsible for investments across a range of industries, including several in the shipping sector, and brings significant experience in financial analysis, corporate transactions, and capital markets. Prior to joining BlueMountain in 2013, he was a Director and the Head of Trading for Deutsche Bank’s U.S. Distressed Products Group. He also held roles as a research analyst in the Distressed Products Group and in investment banking in the Consumers and Mergers & Acquisitions groups at Deutsche Bank, where he was employed since in 2002.