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American DG Energy Inc. was created by and is directed by individuals with extensive experience in all aspects of energy supply and utilization. Our Chairman and Chief Executive Officer, Dr. George N. Hatsopoulos and John N. Hatsopoulos were co-founders of Thermo Electron Corporation which is now Thermo Fisher Scientific (NYSE:TMO).
Management
George N. Hatsopoulos: Chairman of the Board
John N. Hatsopoulos: Chief Executive Officer
Barry J. Sanders: President & Chief Operating Officer
Anthony S. Loumidis: Chief Financial Officer & Treasurer
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George N. Hatsopoulos has been our Chairman of the Board since the organization of the company in July 2001. He is the founder and CEO of Pharos, LLC, an organization devoted to the creation of leading edge business ventures. He is the founder and chairman emeritus of Thermo Electron Corporation, which is now Thermo Fisher Scientific (NYSE:TMO), and served as Chairman and CEO since its founding in 1956 until his retirement from those positions in 1999. Dr. Hatsopoulos has served on the board of the Federal Reserve Bank of Boston, including a term as chairman. He was a member of the Securities and Exchange Commission (the “SEC”) Advisory Committee on Capital Formation and Regulatory Process, the Advisory Committee of the US Export-Import Bank, and the boards of various corporations and institutions. Dr. Hatsopoulos is a fellow of the American Academy of Arts and Sciences, the American Society of Mechanical Engineers and other scientific and technical organizations. He is the recipient of numerous honors and awards in engineering, science, industry and academics, has authored over 60 articles in professional journals, and is the principal author of textbooks on thermodynamics and thermionic energy conversion. Dr. Hatsopoulos has been a faculty member and senior lecturer at Massachusetts Institute of Technology and continues his association with the Institute as a Life Member of the Corporation. Dr. Hatsopoulos holds bachelor, master and doctorate degrees from Massachusetts Institute of Technology – all in mechanical engineering.
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John N. Hatsopoulos is Chief Executive Officer of American DG Energy. He is Partner and Managing Director of Alexandros Partners LLC, a financial advisory firm providing consulting services to early stage entrepreneurial ventures. He is also Chairman of the Board of Glenrose Instruments Inc. Dr. Hatsopoulos is a co-founder of Thermo Electron Corporation which is now Thermo Fisher Scientific (NYSE:TMO) and the retired President and Vice Chairman of the Board of that company. He is a member of the Board of Directors of Antigenics Inc. (NASDAQ: AGEN), American CareSource Holdings, Inc. (AMEX: XSI), TEI Biosciences Inc., and a “Member of the Corporation” for Northeastern University. Dr. Hatsopoulos graduated from Athens College in Greece, and holds a Bachelor degree in history and mathematics from Northeastern University as well as Honorary Doctorates in business administration from Boston College and Northeastern University.
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Barry J. Sanders is President and Chief Operating Officer of American DG Energy. He is also the Chairman of the Board of Directors of Ilios Dynamics. Prior to joining American DG Energy, Mr. Sanders served as Executive Vice President of MicroLogic, Inc., where he directed the company’s B2B group. He has previously been the Marketing Manager at Andover Controls Corp., and at Tecogen Inc. where he directed the successful introduction of that company’s DG chiller products. Mr. Sanders has also managed R&D projects for the New York State Energy Research & Development Authority (NYSERDA) in Albany, NY, where he created the highly successful University-Industry Energy Research Program to accelerate commercialization of new technologies. Mr. Sanders has a Bachelor of Science degree in chemical engineering from the University of Rochester and an MBA in marketing from Rensselaer Polytechnic Institute.
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Anthony S. Loumidis has been our Chief Financial Officer and Treasurer since 2001. Mr. Loumidis devotes a substantial part of his business time to the affairs of the company. Mr. Loumidis is also the Chief Financial Officer of GlenRose Instruments Inc., a company that does environmental remediation, and he is the Vice President and Treasurer of Tecogen Inc., a manufacturer of natural gas, engine-driven commercial and industrial cooling and cogeneration systems. He is also a Partner and President of Alexandros Partners LLC, a financial advisory firm providing consulting services to early stage entrepreneurial ventures. Mr. Loumidis was previously with Thermo Electron Corporation, which is now Thermo Fisher Scientific (NYSE:TMO), where he held various positions including National Sales Manager for Thermo Capital Financial Services, Manager of Investor Relations and Manager of Business Development of Tecomet, a subsidiary of Thermo Electron. Mr. Loumidis is a National Association of Securities Dealers registered representative, holds a bachelor degree in business administration from the American College of Greece in Athens and a master of business administration degree from Northeastern University.
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