Management Team
David A. Messer, Chief Executive Officer
Mr. Messer has spent his entire professional career in the financial services industry, with a focus on commodities markets. Beginning in 1983, Mr. Messer was associated with the commodity trading units of Drexel Burnham Lambert and then AIG, working in both metals and energy markets. In 1994 he was named President of AIG Trading Corp., an energy trading concern, which he led until directing the unit's sale to Sempra Energy (NYSE: SRE) in late 1997, resulting in the establishment of Sempra Energy Trading Corp. (SET) on January 1, 1998. Mr. Messer and a team of two senior executives built SET from a $50 million annual revenue enterprise in 1998 to annual revenues of $1.5 billion by 2005. In 2007, Mr. Messer again led the sale of a majority of the company to The Royal Bank of Scotland, formally forming the RBS Sempra Commodities joint on April 1, 2008. Mr. Messer was named CEO of the joint venture and Global Head of Commodities for RBS, positions he held until March of 2009, when he resigned.
Sheldon Pang, Vice Chairman
Mr. Pang has worked in the financial service industry for over twenty years. He joined AIG Trading Corporation's energy desk in its first year, and worked over the years in energy, metals, foreign exchange, and fixed income markets, mostly in structuring and marketing roles. Mr. Pang left AIG in 2004 to join the Royal Bank of Canada as President of RBC Capital Markets Pacific Group, and was appointed Vice Chairman of RBC Capital Markets in 2006, responsible for a significant portion of RBC's Asian business. Mr. Pang left RBC in June 2011 and joined Freepoint Commodities in September 2011. Mr. Pang received a doctoral degree from MIT in engineering and started his career as a Research Scientist at MIT.
Frank Gallipoli, President
Mr. Gallipoli has been working in the commodities business since 1987. He began his career at Drexel Burnham Lambert and then moved on to AIG in 1990. At AIG he held a variety of trading jobs ultimately leading to Trading Manager of the Energy Group. For eleven years, beginning in 1998, he worked at Sempra Energy Trading Corporation, where he oversaw all the trading and market risk. Mr. Gallipoli and a team of two other senior executives built the business into a worldwide commodities trading company with annual revenues of greater than $1.5 billion. He was named President of RBS Sempra in 2008, a position he held until March of 2009, when he resigned.
Rob Feilbogen, Chief Operating Officer
Mr. Feilbogen has spent his career working in the Financial Services Industry. While attending New York University (NYU), he worked part time at Drexel Burnham Lambert as a clerk on the Precious Metals trading desk. After graduating from NYU in 1989, Mr. Feilbogen joined AIG Trading Group where he participated in the building of the Foreign Exchange Forwards and Interest Rate trading businesses. In 1998, Mr. Feilbogen was named Chief Operating Officer of AIG Trading Group. He held that position until June 2003. Mr. Feilbogen joined Sempra Energy Trading in September 2003 as Chief Operating Officer and held that position until April 2009, when he resigned.
Michael Beck, Executive Vice President
Mr. Beck has worked his entire career in the financial service industry, focusing on commodities. After graduating from MIT in 1994 he started at Lehman Brothers and moved to AIG (later Sempra and RBS-Sempra) in 1996. He initially built the company's domestic power business. In 2002 he joined the six person senior management team as a Senior Managing Director and became responsible for managing the world wide trading desk. He ran the Global Petroleum Group in 2009, a record year during which the group was the company's most successful business unit. In 2010 he was named Co-CEO of RBS-Sempra Commodities. He left in May 2011 after overseeing and completing the multi-billion dollar sale of the company to JP Morgan and Noble Americas.
