Frank C. Ingriselli's picture
Frank C. Ingriselli
President & CEO, Global Venture Investments LLC

Frank C. Ingriselli has over 25 years experience in the energy industry. Mr. Ingriselli began his career at Texaco in 1979 and held management positions in Texaco's Producing-Eastern Hemisphere Department, Middle East/Far East Division, and Texaco's International Exploration Company. In 1992, Mr. Ingriselli was named President of Texaco International Operations and over the next several years directed Texaco's global initiatives in exploration and development. In 1996, he was appointed President and CEO of the Timan Pechora Company, a Houston, Texas headquartered company owned by affiliates of Texaco, Exxon, Amoco, and Norsk Hydro, which was developing the largest international investment in Russia at that time. In 1998, Mr. Ingriselli returned to Texaco's Executive Department with responsibilities for Texaco's power and gas operations, merger and acquisition activities, pipeline operations and corporate development. In August 2000, Mr. Ingriselli was appointed President of Texaco Technology Ventures, which was responsible for all of Texaco's multi-billion dollar global technology initiatives and investments. In 2001, Mr. Ingriselli retired from Texaco after the merger with Chevron, and founded Global Venture Investments LLC, an energy consulting firm, for which Mr. Ingriselli serves as the President and Chief Executive Officer. In 2005 Mr. Ingriselli founded IMPCO.

Mr. Ingriselli is currently the President, Chief Executive Officer and a Manager of IMPCO, and is currently the beneficial owner of approximately 25% of the combined membership interests of IMPCO and approximately 73% of the Class A Units of IMPCO. In addition, Mr. Ingriselli is currently the beneficial owner of approximately 25% of the Class A Interests of ADS.

Since 1996, Mr. Ingriselli has sat on the Board of the Electric Drive Transportation Association (where he was also Treasurer), the Angelino Group, and was an officer of several subsidiaries of Energy Conversion Devices Inc., a U.S. public corporation. From 2001 to 2006, he was a Director and Officer of General Energy Technologies Inc., a "technology facilitator" to Chinese industry serving the critical need for advanced energy technology and the growing demand for low cost high quality components, and Eletra Ltd, a Brazilian hybrid electric bus developer. Mr. Ingriselli graduated from Boston University in 1975 with a Bachelor of Science degree in Business Administration. He also earned a Master of Business Administration degree from New York University in both Finance and International Finance in 1977 and a Juris Doctor degree from Fordham University School of Law in 1979.

Upon consummation of the Mergers, Mr. Ingriselli shall be appointed as a director, President, Chief Executive Officer and Secretary of BSBI.