Gary Luce Email & Phone Number

Washington, Washington Dc, Us

General Securities Principal and holds Series 63, 79 and 82 licenses

Retained initially as consultant by this hardware and software technology company that provides oil and gas operators with artificial intelligence technology to evaluate company for potential PE investors. Subsequently hired by chairman as CEO. With full P&L responsibility tasked with commercializing leading-edge AI technology to capitalize on growing market desire to maximize profitability. Identify roadmap to deploy technology to marketplace at large scale. Collaborate with customers on implementing and leveraging the technology. Lead engineering and software design. Implement systems and processes to drive efficiency. Manage financial and organizational structure to maximize profitability. Provide vision and plan to position company for next phase of growth through strategic ventures. Fully commercialized technology to position it for rapid scaling. Established multiple high value strategic relationships. Built annual revenue from zero to well into seven figures. Reduced working capital requirements. Engineered and deployed five new products/services with broad field tests in Permian Basin within multiple environments.

Re-established this firm initially formed in 2002 to provide energy industry deal structuring, consulting and risk management plan development for venture capital and private equity funds, independent operating partner, and C-Level transition management. Delivered business, planning and financing strategic advisory for PE and other client entities. Client engagements then and in this period include…• Fuel Oil Blending Operation• Texas Retail Energy Provider• Gulf Coast Products/Crude Terminal• Rockies and USGC Refinery• Physical Commodity ETRM (Crude, NGL, NG, Products) • Desalination Technology, Produced Water• CNG/LNG

Houston, Texas, Us

Brought into this bio-fuels technology company that had been developed by Texas Engineering Experiment Station, a member of Texas A&M University System, to advise company on commercial potential of technology. Became investor and CEO. With full P&L provided vision and strategy to re-energize company and leverage technology to accelerate commercial development. Oversaw all corporate functions. Raised capital. Oversaw licensing and joint venture arrangements. Identified, sourced, secured and utilized materials through dynamic supply chain strategy. Defined and executed go-to-market strategy in highly regulated environment.Built organization to 60 people including all corporate and operational functions. Attracted capital from strategic investors including Waste Management, Valero Energy, government agencies and private investors. Secured hard-won grant from DARPA to build a large scale first commercial renewable energy facility. Built fully functioning R&D and demonstration facility. Developed fully permitted site for first commercial facility and established follow-on pipeline of sites.

Brought energy/commodity trading expertise to drive investments in midstream and downstream sectors of energy industry on behalf of this General Partner to K-L Energy GP that was organized to invest capital in targeted sectors of the energy industry. Focused on all aspects of purchase, delivery and sale of crude oil, natural gas, natural gas liquids and other derivative products between point of production and point of consumption or end-use. Held board positions in multiple energy companies both K-L-owned and non-K-L owned including...• Board of Directors - Regency Gas Services (RGNC-NASDAQ) Investment - Exited after two year holding period of a 4.5x multiple on investment• Board of Managers – Voyava Republic Corporation (Fortification Technology) - Private• Board of Managers -- Terrabon L.L.C. – Private• Board of Directors – Church Assist Ministry Association (CAMA) – Non-Profit

Launched firm providing energy industry deal structuring, consulting and risk management plan development for venture capital and private equity funds, independent operating partner, and C-Level transition management. Delivered business, planning and financing strategic advisory for PE and other client entities.

Houston, Texas, Us

Recruited by former McKinsey colleague to help build strong team and business infrastructure in support of continued acquisitions and start-up ventures across U.S. Elevated to COO-level role as Group SVP. Outlined comprehensive strategies, models and analytical tools to provide fundamental understanding of risk and drive valuation/pricing of market and asset-based deal structures.

Brought in to this 1,500-employee $420M market cap business as member of senior management based on strategic insights provided as consultant to parent company during spinoff of company’s crude oil marketing and transportation business. Transitioned from “staff” to “line” position with full P&L oversight and team of 100+ for transactions and marketing.

Us

Fast tracked with this Big 5 global management consulting firm from Associate to Engagement Manager in three years then achieved senior status the following year. Core Leadership for downstream energy practice. Played key role in building a new practice group specializing in trading and risk management strategies for the energy sector. Focused on supply chain management, market optimization, and risk management. Demonstrated problem solving abilities in disseminating complex information. Returned to firm as Principal subsequent to six-year executive stint with client. Continued to provide leadership and insights that allowed McKinsey to compete within emerging market segments.

Mba, Business

B.S., Physics

B.S., Chemical Engineering