During his extensive career as a senior executive in the energy business, Bud Cherry has had the responsibility for developing, designing, financing, constructing, and operating over 3000MW of electric generating capacity.
Bud recently completed his tenure as Chief Executive Officer of wind-turbine manufacturer Northern Power Systems after leading the successful recapitalization of the NPS predecessor parent company, Distributed Energy Systems Inc. (DESC). Bud served as CEO for these companies from late 2007 through 2008.
Bud served as Chief Executive Officer of the Foster Wheeler Global Power Group from 2002 until mid-2006. Bud joined Foster Wheeler as part of the turnaround management team with responsibility for solving a broad range of complex and challenging issues in the Global Power Group. 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 was a member of the senior management team of the Oxbow Group for 18 years. Under Bud's management, Oxbow successfully developed, financed, constructed, operated and ultimately, profitably sold 7 power generation facilities located in the US, Asia and Latin America.
Bud holds a BS in Chemistry and MS in Nuclear Engineering from the University of Illinois.