Kenneth Cripps, CPA CGA CMA, Fredericton, New Brunswick, Canada

I am co-founder and CEO of Bridge Executive Energy Solutions Ltd in Fredericton, NB, Canada as well as member of the board of Bridge Executive Group,

with offices in Fredericton, NB, Canada and Salzburg, Austria.

 

Previously, I worked as Manager of Strategic Accounts in the Department of Business  of the Province of New Brunswick where I analyzed requests for Government assistance for job creation, relocation, expansion, etc. including reviewing of the submitted business plans as well as meeting and questioning management concerning the projects. Analysis completed for Board presentations consisted of an in-depth review of all financial, marketing and management aspects of the business and financial forecasts. I developed financial analysis based on break-even, debt coverage ratios, gross margin, variance analysis, benchmarking, working capital, sensitivity analysis etc., which were all used as analytical

 

During this assignment I developed the following models or completed analysis which directly or in-directly apply to utilities and their electricity generation or usage:

• Carbon credit or CO2 avoidance credit models using utilities CO2 emissions models and fuel mix for wood pellets and biomass industries.

• Developed in-depth models to calculate energy costs for a large solar project proposed in the province by adjusting the demand charges, load leveling, off-peak usage, interruptible supply using utilities large industrial rates.
• Reviewed the wind energy proposals presented to utilities from an economic perspective and local content. Analyzed the impact of load leveling options for wind energy using compressed air storage, battery storage, etc.
• Developed in-depth analysis of the different co-generation mixes between steam and electricity generation using wood biomass as the energy source.
• Evaluated opportunities for the generation of electricity using combined cycle natural gas technology.

 

Since August 1994, I operate as Public Accountant and Consultant in Fredericton, N.B.

• Provide controllership services for four years on a full-time basis for a large asphalt manufacturing and road construction company on a contract basis which included corporate tax planning, corporate strategy, and supervision of office staff and maintenance of information systems. Implemented job and standard costing systems, purchase order controls, debt restructuring, developed detailed annual financial forecasts and capital budgets, tracking of equipment costs. Provided management with leadership during difficult bank and restructuring negotiations. Completed in-depth job costing reports to determine break-even analysis, working capital and bonding reports.
• Provide the following services to corporate clients; management advice, strategic planning, business plan preparation, working capital and debt analysis, financial statement preparation, corporate tax planning and presentations to lenders and financial institutions.
• Provided tax return preparation and other services as required to individuals and small businesses. Evaluating purchase/sale agreements, business valuations for clients interested in purchasing and/or selling a business.
• Extensive experience completing in-depth cost analysis, financial forecasts and sensitivity analysis by department, product, location etc. financial forecasts include all capital expenditures, tax implications, department expenditures, fixed and variable overhead analysis, revenue analysis, cash flow calculations, working capital, debt financing, etc.
• The forecasts are used as a blue print for management to implement changes in corporate strategy based upon the detailed financial information provided.

Provide detailed recommendations using strong analytical financial tools and management approaches to improve efficiency, quality, profitability, and customer service to clients. The recommendations include production changes, information system upgrades, purchasing new equipment, changes to product mix and introduction of new products and services.

 

Born and raised in New Brunswick, I graduated the CMA Program in New Brunswick with Gold Medal distinction and have cross cultural skills in international negotiations.

Stefan Perlot , MEng, Salzburg, Austria

I am co-founder and member of the executive board in charge of technology at Bridge Executive Group, a leading energy solution provider in Fredericton, NB, Canada and Salzburg, Austria.

 

From over a decade of previous responsible assignments, my professional experience ranges from engineering, operations, marketing & sales, business development, innovation to strategy in corporate middle to executive management positions.

 

I am an experienced international business leader with proven technical and commercial skills demonstrated in multinational arenas including energy, operations excellence, mass manufacturing, industrial equipment, media and entertainment, consumer electronics, security and authentication.

 

My expertise centers on creating sustainable revenue streams of international origination, linking technologies and applications, bridging cultures to drive change and create shareholder value.

 

Born and raised in Austria, I graduated in from Mining University of Leoben, hold several patents and communicate tri-lingual in German, English and French with cross-cultural negotiation skills acquired in international assignments.