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Bud Cherry has consistently delivered management excellence and value in senior leadership positions in his 40 year career in the energy sector.
Recently, the board of directors of Distributed Energy Systems elected Mr. Cherry, the current chairman of the Distributed Energy Systems board of directors, as interim chief executive officer. Mr. Cherry will retain his position as chairman of the board.
From 2002 until mid-2006, Mr. Cherry was Chief Executive Officer of the Foster Wheeler Global Power Group (GPG). GPG provides a wide range of boiler equipment, goods and services to a broad spectrum of customers in power generation. The group has a significant energy industry presence, including 4 manufacturing facilities, in North America, Europe and Asia and employs more than 2000 people worldwide.
Bud joined Foster Wheeler Ltd. (FWLT) as part of the turnaround management team with responsibility for solving a broad range of complex and challenging issues in the Global Power Group. This array of issues was significantly and adversely impacting the profitability and viability of the entire company. He was successful in resolving these issues and in restructuring the group and restoring it to significant profitability. Bud's creative and tenacious leadership as CEO of GPG was instrumental in the survival of the company and was a critical aspect of the extraordinarily successful turnaround of Foster Wheeler Ltd.
Prior to his tenure at Foster Wheeler, Mr. Cherry served as president and chief operating officer of The Oxbow Energy and Minerals Group, an affiliate of Oxbow Corporation, an industry-leading source of solid fuel supply, bulk material logistics and clean electric power generation. He also has worked in various managerial and executive positions for General Public Utilities Corporation and United Nuclear Corporation.
Mr. Cherry began his career as a Nuclear Engineer at United Nuclear Corporation (UNC) and holds a BS in Chemistry and MS in Nuclear Engineering, both earned at the University of Illinois | 