Michael C. Darcy - Chairman and CEO

Mr. Darcy has been Chairman and C.E.O. of the D'Arcinoff Group, Inc. for the last six years. He was educated in southern Military Academies, studied Physics and Military History through a college program for advanced students. In 1978, Mr. Darcy attended UCLA where he studied business administration. In 1979, he left college to join Commodore International, Inc., a concern formed (1965) and owned by his family, with interests in entertainment, retailing, communications, shipping and marketing. He joined the Shipping Division where he gained considerable experience in passenger ship operations. In 1980, he joined the parent company as Vice President, Operations and subsequently succeeded his father as President. In 1984, several divisions of Commodore were sold. Mr. Darcy continues to manage the remaining family business interests and seeks to continue a heritage of exploiting innovative business opportunities. 



Albert C. Wallack, - Group Managing Director, Cruise

Previously President of Royal Olympic Cruises USA, Chairman of Cruise Line International Association, Senior V.P. Marketing, Passenger Service and Sales of Celebrity Cruises and one of the founders of that brand. During his 11 years with Celebrity he was responsible for the creation of the brand, the development and management of it's on board services and the marketing considerations in building five of Celebrity's Ships.

Mr. Wallack's travel industry career spans more than three decades of marketing and administration. He joined Celebrity Cruises in 1985 after holding managerial positions with another major cruise line, an airline and a large tour operator. An active participant in industry associations, Mr. Wallack recently completed his term as chairman of Cruise Lines International Association (CLIA), the highest elected post in the organization. During several years of involvement with CLIA, Mr. Wallack has been vice chairman of the association, chairman of its Marketing Committee and a member of its Executive and Long Range Mission Committees. He also served on the advisory boards of NACOA and NYASTA and on the ASTA Allied Marketing Committee. He is a frequent speaker at travel industry conferences. Mr. Wallack resides in New York City.



William L. Cross - Group Managing Director, Finance

Mr. Cross is a licensed CPA and has held his present position with DG since 1996, he has been financial and tax consultant for a number of medium and large business, assisting them in the areas of long range planning, capital acquisitions, cost analysis, and expense control. He was instrumental in raising the mezzanine equity required by Van Ommereren and Hvide to construct five Double Eagle twin-hulled container ships built in 1996-1998 at Newport News shipbuilding facility at a cost of $250 million. Previous to that, he served as Senior Vice President and Chief Financial Officer of ULLICO, Inc. a diversified insurance holding company with assets of $2.1 billion. During his eleven years with that firm, he was responsible for internal and external financial reporting, investment operations, planning and budgeting, Federal and State income tax planning, and reporting expense control.

Mr. Cross spent two years as Vice President and Controller of Jefferson National Life Insurance Company. Prior to that he was Vice President and Treasurer with Unity Mutual Life Insurance Company for 8 years and Assistant Vice President with Aetna Life and Casualty for 8 years. He began his accounting career with Arthur Andersen from 1962 through 1964 and also spent 3 years with Associated Mortgage Companies in charge of their accounting function. Mr. Cross holds a Bachelor of Science in Business Administration degree from the University of Florida. He is a member of the District of Columbia Society of CPA's , the American Institute of CPA's and the financial Executive Institute.

 


 Hugo T. Beck, Vice Chairman

Mr. Beck (LtCol USMC Retired) is a Naval Aviator and Silver Star Medal recipient. Notable Marine Corps assignments include Commander of Marine Medium Helicopter Squadron 162, Deputy Assistant Chief of Staff, Logistics, III Marine Amphibious Force, Deputy Commander, Camp Hansen, Okinawa, Japan and Senior Marine Flight Instructor at the Naval Air Training Command, Pensacola, Florida. His last military assignment was as the Director of Information Systems Management for the U.S. Marine Corps Research, Development and Acquisition Command. 

Following the Marine Corps, Mr. Beck joined Advanced Technology Systems where he personally designed and was project manager for the installation of the Social Security Administration's first nationwide, local and wide-area network-based electronic mail system. At Lotus Development Corporation and at IBM, he specialized in large organizational electronic communication, teamware, social business, and Internet portal technologies and was a World-wide Technology Advocate for the Lotus software solutions.  He is currently Vice Chairman of the D'Arcinoff Group.

 Mr. Beck holds Master of Science in Systems Management from the University of Southern California and a Bachelor of Arts from Pepperdine University.



Michael Horner – Group Managing Director, Technology

Mr. Horner has worked in the areas of aircraft jet engines, industrial gas turbines and aircraft derivative gas turbines for marine and industrial power generation and propulsion for 40 years. This experience has included assignments in design engineering, advanced development, advanced technology development project management, product management, business development and marketing. He holds a BSME from Purdue University, a MSME from Rensselaer Polytechnic University and a MBA from Xavier University (Cincinnati, Ohio).

Through most of his career Mr. Horner has been responsible for identifying and pursuing business opportunities in the area of gas turbine systems for commercial and military applications. These systems have included gas turbines and related equipment for jet engines, electric power generation, gas pipeline pumping stations, and marine electric drive and mechanical drive propulsion. He has been responsible for proposal preparation, contract negotiations, project management, and systems engineering activities. In the past 8 years he has concentrated on business alliances, business development and marketing activities related to the GE Marine Engines business for domestic and international programs, both commercial and military applications. These programs have included a program for achieving reduced fuel costs for commercial cruise ships, program development for fast ferries, niche cruise ships itineraries, fast cargo and cruise ships, and military vessels for the next generation navies.

Mr. Horner has held positions with Pratt and Whitney Aircraft, Garrett AirResearch Manufacturing Co. (now Honeywell), General Electric Gas Turbine Division and General Electric Aircraft Engines. Product and systems technology and business experience have included jet engines, gas turbines, steam injected gas turbines, combined cycle gas turbines, advanced gas turbine cycles, marine reduction gears, marine propulsion water jets, business alliances, business assessments, revenue sharing, advanced technology proposals and project management, petroleum and coal derived fuel studies, hypersonic scramjets, rapid transit vehicles, electronics cooling and an advanced laser weapon technology.

Government and industrial experience have included relationships with U.S. Navy, U.S. Air Force, U.S. Marine Corps, International Navies, U.S. Department of Energy, Universities, Electric Power Companies, Natural Gas Pipelines, Major Cruise Lines, Electric Power Research Institute, Gas Research Institute, Domestic and International Suppliers and Revenue Sharing Participants, International Packagers of gas turbine systems and International Government Agencies.

 


Charles Greenberg - Group Managing Director, Finance and Chief Financial Officer, DG Energy

Mr. Greenberg has over 30 years of high-level experience managing and executing a wide range of structured financing activities. He spent 16 years with Lazard Freres & Co. in NYC where he performed financial engineering to solve the business challenges of clients. He also served as principal financial officer of Lazard’s leasing company. In addition to his experience arranging financing transactions, he has executed transactions for both buyers and sellers with portfolios of leased assets and loans. He has also worked on bankruptcies and restructuring transactions in the recent past. Chuck has an MBA in Finance from The Wharton School at the University of Pennsylvania. He is also a cum laude graduate, with distinction in economics, from the State University of New York at Buffalo, where he holds a Bachelors of Arts Degree.