Board of Directors
Darryl Schall is a retired Partner and Portfolio Manager in the Ares Private Equity Group, where he was responsible for managing Ares’ special situations strategy. He currently serves as an Advisor to Ares. Prior to joining Ares in 2009, Mr. Schall worked at Tudor Investment Corporation, where he focused on managing distressed and high yield investments. Previously, Mr. Schall was a Managing Director and Director of High Yield Research at Trust Company of the West, where he focused on managing portfolios of distressed and high yield debt. In addition, Mr. Schall was a Senior Research Analyst and Senior Vice President at Dabney/Resnick & Wagner, Inc., a boutique investment firm specializing in high yield and distressed debt. Previously, Mr. Schall was an Investment Banking Associate of the Corporate Finance Department of Drexel Burnham Lambert Inc. and was a Supervising Senior Accountant with KPMG Peat Marwick. Mr. Schall holds a B.A., cum laude, from the University of California, Los Angeles, in History and an M.B.A. from the University of Chicago. Additionally, Mr. Schall holds a CPA license.
David D. Le Norman
David D. Le Norman has over 30 years of experience in the oil industry ranging from working in field operations as a roustabout, pumper, and as a rig hand on a workover rig. Over 20 years of that experience was as a Petroleum Engineer in various engineering, business development, and management positions for Texaco prior to founding Le Norman Energy in 1995. Since that time Mr. Le Norman has founded Le Norman Partners, Crusader Energy Corporation, Crusader Energy II, LLC, Crusader Energy III, Knight Energy Group, LLC, White River Energy LLC, TLP Energy LLC, and Templar Energy, LLC and also served as a Senior Vice President with Patina Oil & Gas. He holds a B.S. in Petroleum Engineering from the University of Wyoming, master’s work in Chemical Engineering at Oklahoma State University and a M.B.A. from Oklahoma City University.
Michael J. Bevacqua
Michael J. Bevacqua joined Bain Capital Credit in 1999. He is a Managing Director in Opportunistic Credit and the Head of the Restructuring team. Prior to his current role, he was responsible for investments in the Automotive, Building Products, Transportation, Equipment Rental, Waste Services and Aerospace & Defense sectors. Previously, Mr. Bevacqua was a Vice President at First Union Capital Markets where he worked in the Asset Securitization Group. Mr. Bevacqua was also an Associate in Corporate Finance at NationsBanc Capital Markets and spent four years as an officer in the United States Marine Corps. Mr. Bevacqua received an M.B.A. from Pennsylvania State University and a B.S. from Ithaca College.
Sheru Chowdhry is a Partner and Global Head of Distressed Credit Research for Paulson & Co. Inc. Mr. Chowdhry joined Paulson & Co. in 2004 and is the Co-Portfolio Manager of the Paulson Credit Funds and Paulson Strategic Partners Fund. He is also a member of the firm’s Risk Oversight Committee and Portfolio Review Committee. Prior to joining Paulson, he was Associate Vice President in the research department at DebtTraders Inc. Mr. Chowdhry began his investment career as an investment banker in the M&A department at JP Morgan. Mr. Chowdhry earned his MBA from Vanderbilt University and B. Tech from IIT Bombay.
Michael G. France
Michael G. France, Managing Director, joined First Reserve in 2007. Mr. France’s responsibilities include investment origination, execution and exit, focusing on the resources and midstream sectors. Prior to joining First Reserve, he was a Vice President in the Natural Resources Group, Investment Banking Division, at Lehman Brothers. Prior to Lehman Brothers, he was a Senior Consultant at Deloitte & Touche. Mr. France holds a B.B.A. from the University of Texas and an M.B.A. from Jones Graduate School of Management at Rice University.
James E. Craddock
Mr. Craddock served as the Chairman and Chief Executive Officer of Rosetta Resources Inc. (“Rosetta”) from February 2013 through July 2015, when Rosetta merged with Noble Energy, Inc. He joined Rosetta in April 2008 as Vice President, Drilling and Production Operations, and was named a Senior Vice President in January 2011. From April 2006 to March 2008, Mr. Craddock was Chief Operating Officer for BPI Energy, Inc. (“BPI”), an exploration and production start-up company focused on coal bed methane development. Mr. Craddock began his industry career with Superior Oil Company in 1981 and then held a broad range of technical, operational and strategic roles with Burlington Resources Inc. (“Burlington”) and its predecessor companies for more than 20 years. At Burlington, he held a series of positions of increasing responsibility, most recently as Chief Engineer. He joined the Noble Energy Board upon completion of its merger with Rosetta in July 2015. Mr. Craddock received a Bachelor of Science degree in Mechanical Engineering from Texas A&M University. He joined the Templar Board in January of 2017.
Charles “Chuck” Sledge
Mr. Sledge served as Senior Vice President and CFO of Cameron International prior to its successful acquisition by Schlumberger in April of 2016. Cameron is the flow equipment expert for leading oil and gas process businesses and is focused on continuously raising customer performance through its global manufacturing, sales and service network, leadership and solid execution. Prior to joining Cameron in 2001 as corporate controller and being named as CFO in 2008, Sledge served as senior vice president of finance and as treasurer for Stage Stores Inc. for 12 years. He was previously with Price Waterhouse L.L.P. from 1989 to 1996. Mr. Sledge, a CPA, received his Bachelor of Science in Accounting from Louisiana State University, and is also a graduate of the Advanced Management Program at Harvard Business School. He joined the Templar Board in January of 2017.