Robert T. Hoffman Sr., Chairman

Mr. Hoffman, who goes by “Rob”, is a career investor with a particular focus on identifying companies with sustainable, superior business models.  He is the Managing Director of Princeton Opportunity Management LLC, the management company he founded in 2011.  In July of 2018, Mr. Hoffman organized clirSPV LLC, a Single Purpose Vehicle that is our largest shareholder. In 2000, Rob founded and was Managing Partner of Candlewood Capital, a long/short fund with AUM in excess of  $1 billion. Prior to forming Candlewood, Rob was a Managing Director and Portfolio Manager for Scudder Stevens and Clark’s Growth & Income (G&I) product, where he was responsible for all buy and sell decisions. During the decade of his leadership, G&I assets expanded from approximately $1.75 billion to over $25 billion. Mr. Hoffman was also nominated by two separate Governors to serve three terms (1990 to 2002) as a pro-bono member and Chairperson of the of New Jersey State Investment Council, the entity that oversees all New Jersey State & Local pension assets.  Rob graduated with an A.B. in Economics from Dartmouth College, and received his M.B.A. with distinction from the J.L. Kellogg Graduate School of Management at Northwestern University.

Susanne Meline, Director

Ms. Meline joined the Board of Directors in 2018. She is a specialist in both finance and law having worked for many years with both public and privately held companies as a lawyer, investment banker, board member and investor. Susanne co-founded Francis Capital Management, a value-based investment advisor, where she continues to work as a special situations advisor with respect to small cap companies. Ms. Meline is an experienced legal professional, having worked with Jones Day – an international law firm that provides corporate legal advisory services across multiple disciplines and jurisdictions. She also previously worked as an investment banker with Houlihan Lokey, a global investment bank serving corporations, institutions, and governments worldwide. Susanne is a Board Leadership Fellow through the National Association of Corporate Directors, holds a certificate in Cyber Risk Oversight from Carnegie Mellon Software Engineering Institute and is a Certified Director through the UCLA Anderson School of Management. Ms. Meline received a B.A from UCLA, and a J.D. from UC Hastings College of the Law. She formerly served on the board of Aqua Metals, Inc. (AQMS), a cleantech battery recycling company, and is a current board advisor and former board member of Finomial Corporation, a Series B stage Fintech company.

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  Chair
  Compensation Committee
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  Chair
  Nominating and Corporate Governance Committee
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  Member
  Audit Committee

Dr. Jim Deller, Director

Bruce A. Pate, Director

Bruce A. Pate joined the Board of Directors in 2019. Mr. Pate is the general partner of Pate Capital Partners LP, which he founded in 2004 to invest in publicly traded companies with a special emphasis in energy and resource-related sectors. Prior to founding Pate Capital Partners LP, Mr. Pate spent over 20 years at Morgan Stanley & Co. as a principal of the firm, where he managed fixed income and equity portfolios for entrepreneurs, foundations, and corporations.

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  Member
  Audit Committee
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  Member
  Compensation Committee
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  Member
  Nominating and Corporate Governance Committee

Judith Schrecker, Director

Ms. Schrecker joined the Board of Directors in March 2021.  Ms. Schrecker brings more than 40 years of financial and operating leadership and board participation with broad international experience.  Most recently Ms. Schrecker was VP of Finance of Flat Rolled Products at ATI Metals Inc., a Global manufacturer of technically advanced specialty materials and complex components, overseeing revenues of over $1B.  Prior to that, Ms. Schrecker was Chief Financial Officer of Alcoa's Global Rolled Products business with over $8B of revenues and a member of the executive council of the company. Under her leadership, these businesses achieved historically high profitability.  Ms. Schrecker previously served on the boards of Finacity Corporation and Dress for Success Worldwide.  She attended the University of Pittsburg Graduate School of Public and International Affairs along with a Bachelor of Arts (B.A.) in History, Economics, and Latin American Studies from Temple University.  

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  Chair
  Audit Committee
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  Member
  Compensation Committee
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  Member
  Nominating and Corporate Governance Committee