BOARD OF DIRECTORS

Brian K. McCarthy, Chief Executive Office, Director 

Mr. McCarthy is Chairman of Energi Holdings and Managing Director and the former CEO of Conifer Insurance Agency, Inc., based in Peabody, Massachusetts. Founded in 1984, the Conifer Companies are among the leading providers of risk management, insurance, employee benefits, and investment services in New England. Conifer is also a leader in providing comprehensive insurance programs to energy companies throughout New England. Mr. McCarthy was a founder and Chief Executive Officer of an Internet based insurance distribution Company that developed the first online insurance application. Brian served on the Board of Directors of the Massachusetts Oil Heat Council.  Brian is a past President of the Bay State Independent Insurance Agents Association, Inc. and has served on the Board of Directors of the Professional Independent Insurance Agents Association of Massachusetts. 

 

James P. Townsend, Non Executive Chairman of the Board

Mr. Townsend has been CEO of Townsend Oil Company since 1989. Townsend Oil ranks in the top 10 percent of all petroleum and propane distributors in New England, serving customers in Massachusetts, New Hampshire and Maine. Mr. Townsend is also active in a number of organizations representing the petroleum industry and is the immediate past Chairman of the National Oil Heat Research Alliance (NORA). Jim also serves as a Director and Executive Committee Member of the Massachusetts Oil Heat Council and previously served as President of the New England Fuel Institute and Co-Chairman of the Heating Fuels Committee of the Petroleum Marketing Association of America.

 

 Fred Boling, Vice Chairman 

Mr. Boling is the President of Commonwealth Oil Refining and Wyatt Energy. He is also a Director of West Siberian Resources, LTD., a publicly traded independent oil Company with operations in Russia. Mr. Boling previously held executive positions with Sinclair Oil, Atlantic Richfield, BP Oil Corp., Gibbs Oil and Astroline Oil Trading Corp. In addition to his tenure of thirty five years experience in the oil industry, Mr. Boling has been active in the banking industry and was President of Security National Bank, a Director of Bank of New England, and was as a Director of Pacific National Bank, Massachusetts until its recent acquisition by Bank of America.

 

Charles Holden, Director 

Mr. Holden is the President of Holden Oil, Inc., an oil and propane marketer based in Peabody, Massachusetts. Mr. Holden has been involved in the energy business his entire working career. He has experience in the operation of gasoline stations as well as all phases of heating oil and propane gas operations. Charles holds a B.A. in Economics from the University of New Hampshire.