John Scelfo, age 56, was Senior Vice President of Finance and Corporate Development at Hess Corporation, the global exploration and producing company headquartered in New York City. He announced his retirement from Hess effective March 31, 2014. Mr. Scelfo joined Hess in 2003. He was a member of the Hess Leadership Team and had responsibility for treasury, strategy and upstream commercial activities. From 1980 to 1999, Mr. Scelfo was with Mobil Oil Corporation where he progressed through various financial leadership positions to become chief financial officer of the Asia Pacific region and the company's largest overseas operations based in Japan. Mr. Scelfo later became vice president of Global Risk Management, which included leadership of worldwide derivative trading and subsequently became corporate assistant treasurer. During his tenure with Mobil, he spent more than 13 years overseas in Tokyo, Singapore and Jakarta. In 1999, Mr. Scelfo joined Dell Computer in Singapore as its vice president and chief financial officer for Asia operations. In 2001 he became executive vice president and chief financial officer for Sirius Satellite Radio where he was instrumental in many aspects of the company's launch, including raising capital and restructuring its balance sheet by converting bond holders' positions into equity. Mr. Scelfo holds a B.A. degree and an M.B.A. from Cornell University. Mr.Scelfo was selected as a director because we believe that his background and experience as an executive officer for Hess and Mobil Oil will provide the Company with invaluable business and industry insight.
That is very impressive.... Let's wait and see where we go from here... Thanks for the DD...
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