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Mr. Rose joined the Company in July 2005 and was elected President and Chief Operating Officer in August 2005. Mr. Rose was Chief Operating Officer of Kaneb Pipe Line Company LLC, general partner of Kaneb Pipe Line Partners, L.P., from January 2004 through July 2005, prior to which he served as an executive officer of the Partnership’s Statia Terminals Division since July 2002. Before joining Kaneb, Mr. Rose served as Chairman and CEO of SGI International, a start-up energy technology company for three and one-half years. On January 2003, SGI International filed a voluntary petition for liquidation under Chapter 7 of Title 11 of the United States Code in the United States Bankruptcy Court of the Southern District of California. Mr. Rose was Senior Vice President and COO of ESCO for ten years prior to joining SGI International. | 