Ted S. Lodge - Chairman

Mr. Lodge is Partner and Global Head of Restructurings and Turnarounds at GoldenTree Asset Management, LP, which he joined in 2007. Mr. Lodge is a member of GoldenTree’s Executive Committee. 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).

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. Mr. Alderman 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. Mr. Alderman is a member of the New York Bar.

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 Manischewitz Company. He is also a director of International Seaways (INSW-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. 

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 (AER-NYSE) and Tower International, Inc. (TOWR-NYSE). 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.

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 Director and Chairman of the Finance and Risk Management Committee for Duke Energy Corporation, as well as serving as a member of its Audit 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.

Richard A. Heller

Mr. Heller is a Partner and Senior Portfolio Operating Executive at GoldenTree Asset Management, LP. He has extensive management experience in consumer and industrial businesses. Mr. Heller most recently served as Chief Executive Officer of Motor Coach Industries. Prior to Motor Coach, he served as CEO of Sleep Innovations and CEO of QualServ. He also served as Chief Operating Officer of New Creative Enterprises, Joan Fabrics, and Acme Steel. Mr. Heller is also a Board Member of The Oneida Group. He received his MBA from the University of Chicago and his BS in Business, Summa Cum Laude, from Boston 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, Mr. Riordan was the President and Chief Operating Officer of Terex Corporation, a NYSE-listed global construction equipment manufacturer, since January 2007. Prior to joining Terex, he 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. Mr. Riordan has over 30 years of experience in various industrial markets. He serves as a director of L.S. Starret Company (SCX-NYSE). Mr. Riordan has an engineering degree from Northwestern University and a master’s in management from the Krannert School at Purdue University.

Dennis H. Smith

Mr. Smith serves as Executive Chairman of CE-Star, LLC, which operates businesses in the aluminum and steel forging and forming markets. He also serves as a Director of OmniMax International, a building products manufacturer.  Previously, Mr. Smith served as President and Chief Executive Officer of Milacron LLC, a manufacturer of plastic molding machinery, and Magnatrax Corp., a manufacturer of pre-engineered metal frame buildings. He joined both companies upon their exit from bankruptcy, helping them rebuild and execute their sale.  Mr. Smith has also held executive positions with Lennox International, Inc., Simplex Time Recorder Company, Premark International, Inc. and General Electric, acquiring over 30 years of experience in a number of diverse industries.  He received his BSEE from Pennsylvania State University and his MBA with distinction from the Wharton School of the University of Pennsylvania.

Michael A. Snyder

Mr. Snyder has over 30 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, he was a Managing Director with Alliance Bernstein as the Director of its 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, Richard Heller, 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, 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.