Mike Mcconnell

Mike Mcconnell Email and Phone Number

Senior Vice President, Managing Director, Head of Asset Operations @ Castleton Commodities International
Houston, TX, US
Mike Mcconnell's Location
Greater Houston, United States, United States
Mike Mcconnell's Contact Details

Mike Mcconnell work email

Mike Mcconnell personal email

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About Mike Mcconnell

Operations executive and business strategist who maximizes global asset value, transforms cultures, optimizes processes, and wins team loyalty in union and non-union environments. Promoted from technician to Vice President in just 16 years. Change agent who improves performance through enterprise-scale transformations and plant-level turnarounds. Hands-on technical experience and strategic leadership experience to engage hourly workers, executive team, and board.Expert in global opportunity identification, asset growth, mergers and acquisitions, due diligence, cost control, process improvement, leadership development, and compliant gas, coal, and wind power generation plant operations.Servant leader with uncompromising integrity, skilled at conflict resolution, consensus building, and union negotiations. Turns challenged teams into high performers. Strong focus on 100% compliance in highly regulated industries. USAF Veteran.Highlighted Career Achievements:• Promoted from entry-level power plant technician to Vice President of Operations for $4.5B corporation in just 16 years, with record of consistent top-10% performance in global operations.• Hand-picked by Chief Executive Officer to lead enterprise-wide optimization initiative, and selected by McKinsey team as best senior-level partner for successful effort, winning rare praise from consulting team.• Led major operations and culture transformations at 2 culturally challenged power plants, leading teams to achieve 83.6% "in-market" availability, 98% startup reliability, and 6.8% forced outage rate, winning CEO praise.• Co-developed commercial team strategy gaining upside revenue relative to wind generation tax credit requalification without additional cost.• Developed and implemented new project review and budget approval template based on revenue projection versus risk to slash CAPEX spending 12% in first year while netting 30% increase in EBITDA.

Mike Mcconnell's Current Company Details
Castleton Commodities International

Castleton Commodities International

View
Senior Vice President, Managing Director, Head of Asset Operations
Houston, TX, US
Website:
cci.com
Employees:
613
Mike Mcconnell Work Experience Details
  • Castleton Commodities International
    Senior Vice President, Managing Director, Head Of Asset Operations
    Castleton Commodities International
    Houston, Tx, Us
  • Kiely Family Of Companies
    Advisory Board Member
    Kiely Family Of Companies Sep 2021 - Present
    Tinton Falls, Nj, Us
  • Castleton Commodities International
    Senior Vice President, Managing Director, Head Of Asset Operations
    Castleton Commodities International Jun 2018 - Present
    Stamford, Ct, Us
    Recruited to Senior Vice President-level role to maximize asset value through risk mitigation, operations optimization, and capital project strategies. Assets include 2 combined cycle gas turbine plants, 1 thermal boiler steam plant, wind generation asset, shipping port, and precious metal storage facilities in 3 states. 75 staff, including 2 central support engineers.• Implemented tiered capital project management model to improve revenue, cost, and risk forecasting that reduced CAPEX spending by 12% in first year while improving availability rating and driving 30% EBITDA increase.• Conducted due diligence revealing unserviceable major components in wind generation asset acquisition, enabling purchase for 16% of initial asking price.• Led corporate and site safety teams in identifying audit gaps, focusing on key safety performance areas, communication, and employee engagement to significantly improve arc flash compliance program.• Successfully negotiated with union to gain 15% reduction of excessive, but contract-protected workforce numbers, winning union praise for integrity and professionalism.• Improved employee morale and engagement by leading compensation review referenced to market rates in all regions of operation, receiving CEO approval to adjust compensation and tie more clearly to performance targets.
  • Dynegy
    Vice President, Operations, Fleet Optimization Lead
    Dynegy Oct 2017 - Jun 2018
    Irving, Texas, Us
    Last in series of rapid promotions. Chosen by CEO to head enterprise optimization effort as executive partner with McKinsey consulting team. Guided plant managers in culture change to increase revenues and reduce costs. Reported to COO.• Identified 512 revenue growth initiatives in 4 months that added $41M in new recurring revenue and $9M in 1-time revenue, with $350 - $400M in recurring opportunity and $100 - $150M in one-time opportunity.• Won praise of McKinsey team for success in evangelizing program to doubtful employees, applying communication skills and leadership ability to gain buy-in and make success of initiative possible.• Publicly acknowledged by EMT, and identified as possible COO successor until 2017 acquisition by Vistra Energy.
  • Dynegy
    Vice President/General Manager, Pjm Coal Operations
    Dynegy Oct 2016 - Jun 2018
    Irving, Texas, Us
    Promoted to manage operations at 3 coal-fired generation plants, with financial oversight of 3 others. Guided plant managers in optimizing operations, efficiencies, costs, and compliance. Co-Led union negotiations. Managed 350 employees.• Cultivated a more positive culture and improved operations at 2 challenged plants, supporting new plant leadership members, and achieving 86.3% “In-market” availability, 6.8% forced outage rate, and 98% start-up reliability, exceptional for aging coal fleet.• Co-led implementation of enterprise-wide safety improvement program, and gained plant management and employee buy in to bring all 6 plants to OSHA VPP status.• Led due diligence and integration efforts for acquisition of 27 new power plants, identifying synergies and guiding integration team to ensure seamless transition, contributing to 35% year-over-year growth.
  • Dynegy
    Managing Director, Outage Support Services
    Dynegy Nov 2013 - Oct 2016
    Irving, Texas, Us
    Responsibilities expanded by CEO to oversee outage planning, scheduling, cost control, and turbine engineering for entire national fleet of 100+ gas and steam turbine units, with team of 4 directors and 16 support staff. • Regained control of growing outage costs, driving culture change across national fleet to slash costs to 7% of previous year's budget in year 1, 5% in year 2, and 2% in year 3, winning public praise from CEO for success.• Transformed troubled relations with plant management, with one employee now COO of turbine service company.
  • Dynegy
    Managing Director, Plant Management
    Dynegy Nov 2009 - Dec 2013
    Irving, Texas, Us
    Chosen to manage company's largest, 1,240 MW natural gas generating plant, and lead culture change to improve performance, costs, and profitability. 32 staff and $20M budget authority.• Brought plant to consistent 97% reliability while reducing operating costs by 19%, and implemented new capital project management strategy to boost reliability to 97% and expand capacity by 55%.• Gained top assessment for facility by National Safety Council measured against 600 other companies and assets.
  • Dynegy
    Corporate Training Manager, Combustion Turbine Fleet
    Dynegy Nov 2008 - Nov 2009
    Irving, Texas, Us
    Promoted to lead corporate training for entire natural gas fleet, with program created to prevent departure after sale of previously managed plant. Developed comprehensive technical training program tied to compensation, still in use today.
  • Dynegy
    Plant Manager
    Dynegy Nov 2006 - Nov 2008
    Irving, Texas, Us
    Turned around fleet's dysfunctional plant, leading culture change to transform team into high performers. Achieved compliance with new NERC regulations, and led plant sale netting 6% profit over initial construction costs.
  • Progress Energy
    Sr. Combustion Turbine Technician
    Progress Energy Oct 2005 - Nov 2006
    Raleigh, Nc, Us
  • Dynegy
    Sr. Operations & Maintenance Technician
    Dynegy Aug 1999 - Oct 2005
    Irving, Texas, Us
  • United States Air Force
    Aerospace Propulsion Specialist
    United States Air Force Sep 1989 - Aug 1994
    Randolph Afb, Tx, Us
    FAA licensed Combustion Turbine Overhaul Mechanic. Responsible for complete disassembly, problem diagnosis , effective completion of all repairs, and final reassembly which was quality assured with a performance based test cell run.

Mike Mcconnell Skills

Power Generation Gas Turbines Steam Turbines Power Plants Turbines Generators Energy Natural Gas Gas Maintenance Management Change Management Management Project Management Electric Power Maintenance And Repair Factory Leadership Energy Industry Process Improvement Procurement Air Compressors Boilers Nuclear Pumps Facilities Management Commissioning Energy Markets Electricians Pipelines Inspection Dcs Preventive Maintenance Oil

Mike Mcconnell Education Details

  • Lindenwood University
    Lindenwood University
    Management And Operations
  • Embry-Riddle Aeronautical University
    Embry-Riddle Aeronautical University
    General
  • Illinois Valley Community College
    Illinois Valley Community College
    Programmable Logic Controls And Engineering
  • Community College Of The Air Force
    Community College Of The Air Force
    Turbine Overhaul Journeyman Program

Frequently Asked Questions about Mike Mcconnell

What company does Mike Mcconnell work for?

Mike Mcconnell works for Castleton Commodities International

What is Mike Mcconnell's role at the current company?

Mike Mcconnell's current role is Senior Vice President, Managing Director, Head of Asset Operations.

What is Mike Mcconnell's email address?

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What is Mike Mcconnell's direct phone number?

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What schools did Mike Mcconnell attend?

Mike Mcconnell attended Lindenwood University, Embry-Riddle Aeronautical University, Illinois Valley Community College, Community College Of The Air Force.

What skills is Mike Mcconnell known for?

Mike Mcconnell has skills like Power Generation, Gas Turbines, Steam Turbines, Power Plants, Turbines, Generators, Energy, Natural Gas, Gas, Maintenance Management, Change Management, Management.

Who are Mike Mcconnell's colleagues?

Mike Mcconnell's colleagues are Kyle Russell, Sarah Munsie, Colin Zurek, Jay Reynolds, Jun Yee, Linyue Qiao, Praful M..

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