William E Macaulay

Bio

Mr Macaulay, Chairman and Chief Executive Officer of First Reserve, has been with the firm since its founding in 1983. He is responsible for supervision of all aspects of the firm's investment program and strategy, as well as overall management of the firm. Prior to acquiring First Reserve with Mr Hill in 1983, Mr Macaulay was a co-founder of Meridien Capital Company, a private equity buyout firm. From 1972 to 1982, Mr Macaulay was with Oppenheimer & Co Inc, where he served as Director of Corporate Finance with responsibility for investing Oppenheimer's capital in private equity transactions. At Oppenheimer, he also served as a General Partner and member of the Management Committee of Oppenheimer & Co, as well as President of Oppenheimer Energy Corporation. He was the founder and largest stockholder of Peppermill Oil Company. Mr Macaulay serves (or has served) as a director on the boards of ten of the 50 largest oilfield service companies in the world with public market capitalizations in excess of $1 billion. Mr Macaulay holds a BBA degree, Magna Cum Laude, in Economics from City College of New York and an MBA from the Wharton School of the University of Pennsylvania, where he has also served as a member of the Executive Board. Mr Macaulay has also received a Doctor of Humane Letters (DHL) honorary degree from Baruch College.