Principal Executive Officer - Joseph C. Hayden
Joseph C. Hayden, 52, is the Principal Financial Officer and the Principle Executive Officer of Applied Energetics, Inc. Mr. Hayden also served as Chief Operating Officer (COO) until the appointment of Mr. Eric Lau in December 2010. Previously he served as Executive Vice President for Programs (since 2004), directing all new business capture and the execution of awarded contracts. Prior to that, he was Executive Vice President for Business Operations (2002 to 2004). Formerly Mr. Hayden was a Program Manager and Senior Principal Systems Engineer at Raytheon Missile Systems working in the Directed Energy Weapons and JSOW missile product lines.
From 1998 to 1999 Mr. Hayden was the Engineering Manager for Delta V Technologies, Inc., overseeing the design and manufacture of high vacuum coating systems for the commercial thin film and glass coating industries. From 1993 to 1997, Mr. Hayden was at Molten Metal Technology, Inc., an environmental high technology start-up company. As Director of Commercial Services, he led the staffing and start-up of three hazardous waste processing plants, including a joint venture for radioactive waste processing in Oak Ridge, Tennessee. While Director of Research and Development Operations, he managed the operations at the company’s R&D facility, which included a commercial-scale pilot plant. Mr. Hayden’s career began in the United States Navy, where he served as a Nuclear Surface Warfare Officer. His billets included tours on nuclear powered aircraft carriers, guided missile cruisers and destroyers, including being a member of the pre-commissioning crew of the USS George Washington (CVN-73) where he was closely involved in the testing and acceptance of the ship’s nuclear power plants. Mr. Hayden’s additional Navy tours included being a staff member of the Atlantic Fleet, an instructor and company officer at the U.S. Naval Academy, and service at the Naval Electronics Systems Command. Mr. Hayden received a B.S. in Mechanical Engineering from the United States Naval Academy.
Chief Operating Officer - Eric Lau
Eric Lau was appointed as Chief Operating Officer (COO) and Vice President of Engineering by the company's Board of Directors in December of 2010. Prior to that, Mr. Lau served as Director of Engineering and Operations. Mr. Lau joined Applied Energetics in December 2002 and has over 25 years experience managing projects and organizations in low to high volume production environments for military, commercial, and industrial manufacturing customers. Mr. Lau's previous responsibilities include management of products from concept through production release and manufacturing for products that served the automotive, aerospace, military and industrial markets.
Prior to joining Applied Energetics, Mr. Lau was the Vice President of Operations for Mission Viejo S.A. de C.V. from 1998 through 2002 where he was responsible for the oversight of day to day operations, production control, procurement, operations and engineering support, negotiating production levels and pricing, and providing engineering expertise to aid the factory in achieving targeted efficiency levels. From 1994 to 1998, Mr. Lau was the New Product Development Team Leader for P.L. Porter Company in Woodland Hills, CA. From 1991 to 1994, Mr. Lau was a Senior Project Engineer at Robertshaw Controls, Co. in Long Beach, CA. From 1986 to 1991, Mr. Lau was a Project and Design Engineer at ITT General Controls in Santa Clarita, CA. Mr. Lau is a graduate of the University of Southern California where he received a Bachelor's Degree in Mechanical Engineering.
Board of Directors
Chairman of the Board - Mark J. Lister
Mark J. Lister, 52, has served as a member of our Board of Directors since June 2009. Mr. Lister serves as Chairman of our Strategic Planning Committee. Since November 2006 Mr. Lister has been President of StratTechs, Inc., a consulting firm he founded which specializes in brokering technology within the Defense, Intelligence and Homeland Security Government markets. Mr. Lister recently completed service on the Secretary of the Navy Advisory Panel and formerly served as Chairman of the Naval Research Advisory Committee. From January 1992 to June 2006 Mr. Lister was employed by the Sarnoff Corporation where he most recently served as Senior Vice President of Government Operations. While at Sarnoff, from 2001 to 2006, Mr. Lister served as Managing Director of the Rosettex Technology and Ventures Group, a joint venture of Sarnoff Corporation and SRI International for which he was a founder, and from 1996 to 2001, Mr. Lister served as Executive Director of the National Information Display Laboratory. From 1987 to 1992 he served as Director, Advanced Development and Applications in the Research and Development Group of the Office of the Assistant Secretary of the U.S. Air Force for Space. Mr. Lister’s government career began at the Naval Research Laboratory where he served as a researcher in the Space Applications Branch from 1977 to 1987. Mr. Lister is a director of Steelcloud, Inc., a developer of mobility software solutions. Mr. Lister has a B.S. in Electrical Engineering from Drexel University, a B.S. in Mathematics from St. Vincent College and a MEA from George Washington University.
Member - George P. Farley
George P. Farley, 71, a certified public accountant, has been a member of our Board of Directors since March 2004. Mr. Farley is Chairman of our Audit Committee and also serves as a member of our Compensation Committee. Mr. Farley has been providing financial consulting services since 1999. Through 2007, Mr. Farley served as a Director and a member of the Audit Committee of iCad, Inc. He has also served as a Director and member of the Audit Committee of Preserver Insurance Company, Inc. and Acorn Holdings Corp and as a Director for Olympia Leather Company, Inc. From November 1997 to August 1999 Mr. Farley was Chief Financial Officer of Talk.com, Inc., which provides telecommunication services. Mr. Farley was also a director of Talk.com, Inc. Mr. Farley joined BDO Seidman, LLP in 1962 and was a partner at BDO from 1972 to 1995, where he served as the managing partner of BDO’s Philadelphia Office, National Director of Mergers and Acquisition and established BDO’s valuation practice.
Member - John F. Levy
John F. Levy, 54, has served as a member of our Board of Directors since June 2009. Mr. Levy serves as a member of our Nominating and Corporate Governance Committee and our Audit Committee. Since May 2005 Mr. Levy has served as the Chief Executive Officer of Board Advisory Services, a consulting firm that advises public companies in the areas of corporate governance, corporate compliance, financial reporting and financial strategies. Mr. Levy served as the Interim Chief Financial Officer from November 2005 to March 2006 of Universal Food & Beverage Company, which filed a voluntary petition under the provisions of Chapter 11 of the United States Bankruptcy Act on August 31, 2007. From November 1997 to May 2005 Mr. Levy served as Chief Financial Officer of MediaBay, Inc., a NASDAQ listed company and provider of spoken word audio content. While at MediaBay, he also served for a period as its Vice Chairman. Mr. Levy is a director and non-executive Chairman of the Board of Applied Minerals, Inc. (formerly Atlas Mining Company), an exploration-stage natural resource and mining company, and a director, Lead Director and Chairman of the Audit Committee of Gilman Ciocia, Inc., a financial planning and tax preparation firm. Mr. Levy has authored The 21st Century Director: Ethical and Legal Responsibilities of Board Members, a course on the ethical and legal responsibilities of board members initially presented to various state accounting societies. Mr. Levy is a certified public accountant with nine years of experience with the national public accounting firms of Ernst & Young, Laventhol & Horwath and Grant Thornton LLP. Mr. Levy has a B.S. degree in Economics from the Wharton School of the University of Pennsylvania and received his M.B.A. from St. Joseph's University in Philadelphia.