John P. Kotts

John P. Kotts was elected to the Board in 2013 and currently serves as Chairman of the Audit Committee, and as a member of the Compensation Committee of the Board.

Kotts is a private investor and entrepreneur. Through his management company, J.P. Kotts & Co., Inc., Kotts operates a private investment fund focused on U.S. and international trading of securities and other financial instruments. He also invests in real estate and private equities. Kotts is currently the owner and CEO of Vesco/Cardinal, an oil tool rental and service company, as well as several manufacturing companies. Kotts previously held various financial, banking and investment banking positions in companies specializing in leveraged buyouts, venture capital and turnaround transactions. From 1990 to 1998, he owned and operated Cardinal Services, Inc., a leading supplier of liftboat rentals and other production-related services, including mechanical wireline services and plug and abandonment services, to oil companies operating in the Gulf of Mexico. Kotts previously served on the board of directors for C&J Energy Services Ltd. from March 2015 to September 2015. .

He holds a B.A. in Philosophy and an MBA in Finance from Hofstra University and completed additional post-graduate work at McGill University in Montréal, New York University, and Harvard Business School. Kotts’s industry background and knowledge, business acumen, and financial expertise were the primary factors considered by the Board in deciding to appoint him as a director and nominate him for election to the Board.