Dan Borgen

Mr. Borgen currently serves as Chairman, Chief Executive Officer, and President of U.S. Development Group LLC (“USD”), where he has worked since May of 1995. In his current role, Mr. Borgen guides all senior aspects of USD’s corporate activities. USD is comprised of wholly owned subsidiaries that focus on industrial development, logistics, product terminaling, power corridors, financial services, and gasification. In addition to his work with USD, Mr. Borgen has served as President of U.S. Right-of-Way Corporation since June 1993. Prior to this, Mr. Borgen worked for 11 years as an investment banker serving as Merger & Acquisition Director, Portfolio Manager, and as a member of the Executive Committee for strategic planning and development. His activities were focused on manufacturing, food service, oil and gas exploration/production, telecommunications, banking, and Western European finance. In his capacity as an investment banker, Mr. Borgen served as Vice President of The Oxford Group from July 1990 to June 1993, Vice President/Principal of The Paramount Companies from July 1985 to April 1990, and Manager – Investor Relations of Invoil Inc. from April 1982 to June 1985.