Ted S. Lodge

Mr. Lodge is Partner and Global Head of Restructurings and Turnarounds at GoldenTree Asset Management, LP, which he joined in 2007. GoldenTree is one of the largest independent asset managers focused on credit, with approximately $25 billion under management. At GoldenTree, Mr. Lodge leads a team of professionals in the United States and Europe responsible for out-of-court and in-court financial restructurings and operational turnarounds across all GoldenTree investment funds and is a member of the Investment Committees of the GoldenTree Distressed Debt Fund and the GoldenTree Distressed Fund 2014. Mr. Lodge is a graduate of the University of Pennsylvania Law School (J.D.), London School of Economics (M.Sc., Economic History) and Brown University (A.B., Political Economy).

John H. Forsgren

Mr. Forsgren most recently served as the Vice Chairman of the Board and Chief Financial Officer at Northeast Utilities from 2001 to 2004, at which time he officially retired. He currently serves as Chairman of Board of Directors of The Phoenix Companies and Director and Chairman of the Finance and Risk Management Committee for Duke Energy Corporation, as well as serving as a member of its Nuclear Oversight Committee. In addition, Mr. Forsgren serves as director on a number of private companies. Mr. Forsgren received his A.B. with a major in Economics from Georgetown University, his MBA with majors in Finance and Marketing at Columbia University, and his Master’s Degree in International Finance and Management at University of Geneva, Switzerland.

James N. Chapman

Mr. Chapman serves as an advisory director of Skyworks Capital, LLC, an aircraft management services company based in Greenwich, Connecticut, which he joined in December 2004. Prior to joining SkyWorks, he was associated with Regiment Capital Advisors, LP, an investment advisor based in Boston specializing in high yield investments, which he joined in January 2003. Mr. Chapman has over 30 years of investment banking experience in a wide range of industries including aviation/airlines, metals/mining, natural resources/energy, automotive/general manufacturing, financial services, real estate and health care. Presently, he serves as a member of the Board of Directors of AerCap Holdings NV (NYSE: AER), Tembec Inc. (TO: TMB) and Tower International, Inc. (NYSE: TOWR). In addition, Mr. Chapman is also a Board member of several private companies. Mr. Chapman received an MBA degree with distinction from Dartmouth College and was elected an Edward Tuck Scholar. He received his B.A. degree, with distinction, magna cum laude, at Dartmouth College and was elected Phi Beta Kappa, in addition to being a Rufus Choate Scholar.

Peter Alderman

Peter Alderman is General Counsel Americas at GoldenTree Asset Management, LP, a New York-based institutional asset management firm. Mr. Alderman has legal responsibility for distressed investing and restructuring at GoldenTree and, over the past several years, has been involved in a number of such transactions, both domestically and abroad, including Bawag P.S.K., Canwest Publishing, Inc., and KCA Deutag. Prior to joining GoldenTree in April 2010, Peter Alderman was a senior associate in the corporate department at Debevoise & Plimpton LLP, where he began his legal practice in 2000. At Debevoise & Plimpton LLP, Mr. Alderman worked in leveraged finance, restructuring, and mergers and acquisitions on domestic and cross-border transactions. He also served as Foreign Counsel at Mitsui & Co., Ltd. (Tokyo) from 2005 to 2006. Mr. Alderman received his J.D. from Harvard Law School in 1999 and his A.B. from Harvard College in 1995. He is a member of the New York Bar.

Walter A. Jones

Mr. Jones, now retired, was a Managing Director of CoMetrics Partners LLC from 2010 through 2013, specializing in restructuring and financial advisory services. From 2006 to 2010, he was a partner with JH Cohn, LLP, a consulting, audit and tax advisory firm. From 1997 to 2006, he was a Principal with Mahoney Cohen, a consulting, audit and tax advisory firm. Mr. Jones is currently a director and member of the Audit Committee of Neenah Enterprises, Inc., a director and Chairman of the Audit Committee of Catalyst Paper Corporation and a director of International Wire Group, Inc. He has a B.S. in industrial engineering from Pennsylvania State University.

Timothy J. Bernlohr

Mr. Bernlohr is the founder and managing member of TJB Management Consulting, LLC, which specializes in providing project-specific consulting services to businesses in transformation, including restructurings, interim executive management and strategic planning services. He founded the consultancy in 2005. Mr. Bernlohr is the former President and Chief Executive Officer of RBX Industries, Inc., which was a nationally recognized leader in the design, manufacture and marketing of rubber and plastic materials to the automotive, aerospace and industrial markets. Mr. Bernlohr serves as chairman of the board of directors of Champion Home Builders, Inc., and as chairman of the board of directors of Contech Engineered Solutions. He is also lead director of Chemtura Corporation (CHMT-NYSE). In addition, he is also a director of Atlas Air Worldwide Holdings, Inc. (AAWW-Nasdaq), WestRock Company (WRK-NYSE) and Overseas Shipping Group, Inc. (OSG-NYSE). Mr. Bernlohr is a 1981 graduate of The Pennsylvania State University.

Mark Richards

Mr. Richards is currently serving as President of Meade Street Advisors LLC, which provides consulting services to privately held companies. He recently retired as Chairman, Chief Executive Officer and President of Appvion. Appvion is a global leader in industrial coating formulations, applications and microencapsulation. Prior to Appvion, Mr. Richards was a Valmont Industries, Inc., Group President. Valmont Industries is the world’s leading producer of engineered products and services for infrastructure, and irrigation equipment for agriculture. He has 33 years of senior-level executive experience including over 20 years as a general manager running multinational industrial businesses. Mr. Richards is a certified Board Leadership Fellow from the National Association of Corporate Directors (NACD), the highest level of credentialing for corporate directors and corporate governance professionals. He earned an MBA with concentrations in marketing and finance from the Kellogg School of Management at Northwestern University. Mr. Richards was awarded a B.S. from Michigan State University.

Thomas J. Riordan

Mr. Riordan was appointed as Neenah Enterprise’s President and Chief Executive Officer on February 1, 2011. Prior to joining Neenah, he was the President and Chief Operating Officer of Terex Corporation, a NYSE-listed global construction equipment manufacturer, since January 2007. Prior to joining Terex, Mr. Riordan spent 11 years with SPX Corporation, a multinational capital goods manufacturer, in a number of business leadership roles, including Executive Vice President and Chief Operating Officer. He has over 30 years of experience in various industrial markets. Mr. Riordan has an engineering degree from Northwestern University and a master’s in management from the Krannert School at Purdue University.

Michael A. Snyder

Mr. Snyder has over 29 years of experience in the financial services industry with particular emphasis in the investment management sector. He is a Managing Director and Senior Portfolio Manager for MacKay Shields, where he manages high yield bond and loan portfolios and has primary responsibility for the Aerospace/Defense, Consumer Products, Food and Beverage, Manufacturing and Diversified Media sectors. Prior to joining MacKay Shields in 2006, Mr. Snyder was a Managing Director with Alliance Bernstein as the Director of it’s Global High Yield Group. Previously, he was a Managing Director with both DLJ Asset Management and Bear Stearns Asset Management Group as the Director for DLJ’s Leverage Investment Group and Director of Bear Stearns High Yield Investment Group, and a Senior Vice President with Prudential Insurance Company of America, first in Merchant Banking and then High Yield Investments. Mr. Snyder received a B.A. from Dickinson College and an MBA from Duke University’s Fuqua School of Business. He has been working in the investment industry since 1987.


The Board of Directors meet six times annually. The Board of Directors currently has a standing Audit Committee and a Compensation, Nomination and Governance Committee. 


Members: John Forsgren (Chairman), Peter Alderman, Walter Jones and Ted Lodge

The Audit Committee is responsible for ensuring the integrity of the financial information reported by NEI. The Committee appoints the independent auditors, approves the scope of audits performed by them and by the internal financial staff, and reviews the results of those audits. The Committee also meets with management, the independent auditors and the internal financial staff to review audit and nonaudit results, as well as financial, accounting and internal control matters. The Board of Directors has determined that Mr. Forsgren is an “audit committee financial expert” under the rules of the SEC and has accounting and related financial management expertise. Mr. Forsgren is an independent Director.


Members: Timothy Bernlohr (Chairman), Peter Alderman, James Chapman, Mark Richards and Michael Snyder

The Committee sets the compensation program for NEI’s executive officers, including executive employment agreements, long-term incentive compensation and short-term incentive compensation, and other compensation.

The Committee also assists the Board of Directors by identifying individuals qualified to serve as directors. The Committee further advises the Board of Directors on matters of corporate governance.