David B. Masterson

Charlotte, North Carolina ● 281-***-**** ● ad2rlr@r.postjobfree.com

www.linkedin.com/in/david-masterson-97ab9911

Title(s) Pursuing

Experienced executive leader in project leadership and sponsor, technical consultant, financial, and operational expertise for multi-billion-dollar companies. Projects include refining and petro/chemicals and up the hydrocarbon chain into pharmaceutical feedstocks. Developed "Innovative Ideas of Merit" solutions. Led turnarounds for public and private firms. Focus on executive leadership for manufacturing projects, operations, team building, market analysis, strategic development, and personnel allocation. Works on first-of-a-kind technology with an operating manufacturing focus, consulting, and mentoring and training of personnel for industry advancements including energy and environmental products. Environmental Health and Safety and Quality are my primary values providing a safe place for employees to work.

Leadership Development

Business Strategy

Client Relationship Management

Product Launch

Contract Negotiations

High Performance Teams

M&A Investment Consulting

Problem Solving

Risk Management

Business Turnarounds

Communications

Decision-making

Best Practices

Mentoring

Visionary

SELECTED ACHIEVEMENTS

Business Turnarounds

Assumed leadership position of an ailing company. Produced positive results by motivating employees; created a strategic vision for lean operations; created new business unit based on project management. Results: Saved $5M in annual expenses and expanded business income to $20M in one year with double digit profit.

Programmed turnaround for a $700M continuous manufacturing capital investment project. Assumed Program Management role for 4 large EPC firms; developed firms into high performance team; initiated communications plan; controlled the total installed cost and associated operating costs. Results: Organized a successful project for the stakeholders.

Executed turnaround of a renewable energy company. Company awarded a $140M in EPC contracts; acquired 8 direct personnel; increased personnel count to +80 direct hire and contract personnel; mitigated embellished contract warrants and guarantees. Met requirement for effective operations with quality products and met production expectations. Results: Lowered costs by 20% through contract negotiations.

Business Strategy

Prepared strategic plan recognizing the impacts of the 1990 Clean Air Act. Produced report incorporating science; $100M financial and operational impacts; strategic Project Execution Plan (PEP) with critical schedule and cost- based planning. Results: Successful execution plan met the federal mandates.

Recruited by a large EPC firm developing and winning $1B proposal for a continuous manufacturing facility. Developed PEP for a first-of-a-kind mega-project; assembled a leadership team; created a winning proposal strategy. Results: Successful project utilizing “Innovative Ideas of Merit”.

Evaluated and initiated a plan for financial security of a large engineering firm. Analyzed financial statements; recommended replacement of CFO; Introduced CEO to potential private equity partner. Results: Corporation is in an excellent financial position.

Product Launch

Provided leadership for catalyst product development. Included operational, technical and marketing strategies, product testing protocol. Results: Product completed and in global marketplace.

M&A Investment Consulting

Consulted for private equity and consulting firms focused on corporate acquisitions. Targets with revenues of +$60M with 20% EBITDA; researched and recommended targets based on integration and collaboration with existing portfolio companies, leadership, financial stability, contracts, risk, safety and quality. Results: Multiple enterprise targets were acquired valued at +$225M.

Problem Solving

Led Value Engineering using Best Practices for a high-profile sulfur reduction process licensing firm. Removed sulfur emissions meeting the “IMO 2020” global regulations; planned and instructed value engineering with process licensor and stakeholders; Very Low Sulphur Fuel Oil projects are estimated to be +$150M. Results: Reduction of over $10M per project efficiencies were recognized.

Assigned leadership position in a refining and chemical manufacturing complex supporting reliability and operations and regulatory demands. Reviewed reliability of operating assets; organized in terms of safety and financial impacts; return on Capital Employed facility planning process directive resulting in reduced operations and maintenance costs. Results: The ROCE program led to a continuous savings of over $20M annually.

Executed conversion of saltwater and brine into irrigation water through Cryodesalination. Developed the Cryodesalination process with licensor; assured the process was economically feasible. Results: The process provided quality and quantities of water produced for irrigation at low cost.

Risk Management

Analyzed, reviewed and negotiated large complex Master Service Agreements and Prime contracts. Evaluated commercial terms; prepared risk assessment; negotiated final commercial terms and conditions. Results: Mitigation of risk and driving risk in the form of flow-downs to third parties.

Leadership Development / Mentoring / High-Performance Teams

Mentored senior level managers in a Leadership Development program. Expanded the capacity and capabilities, effective leadership roles for change management. Results: Provided successful decision-making processes increasing bottom-line profits.

Built high performance teams by embracing innovation and adaptation. Assured cross-functional communication with other teams; trained team recognizing accountability and responsibility; collaboration is critical for successful goals and objectives. Results: Motivated employees to win a $120M project for a major chemical company. The company was a start-up from scratch built in 18 months with small to mid-capital project execution.

PROFESSIONAL HISTORY

Masterson Applied Science Corporation, Houston, TX (2010-Present)

Founder / CEO – Professional Business Development and Consulting Firm

Consultant for new environmental technologies focused directly with the process licensors and investment community.

Stress Engineering and Construction, Houston, TX (2014-2021)

Executive Vice President and General Manager Board Member

Developed an EPC and consulting business from scratch including Values, financial forecasts and operations.

Northstar Energy Services, Houston, TX (2013-2014)

Director of Operations

Organically develop EPC practice strategy for the Refining, Petro/Chemical and Power Industries

Power Partners (a division of Wanzek Construction), Houston, TX (2011-2013)

Corporate Vice President

Assumed operational leadership role of a small EPC firm into an efficient operations executing a $140M project and continued maintenance program.

Technip USA, Houston, TX (2006-2010)

Vice President—Revamp Services

Developed and led new division of a Technip subsidiary, enhancing profitability and a global presence.

Project Manager

Led a proposal team tendering a $1 billion first-of-a-kind manufacturing process technology with winning results.

EDUCATION

Master of Business Administration (MBA), University of Phoenix, Houston, Texas

Bachelor of Science, Business Management, University of Phoenix, Houston, Texas,

Associate of Applied Science, Engineering Technology, San Jacinto College, Pasadena, Texas

Attended The Leadership Development Program, Center for Creative Leadership

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