Position: Chairman and CEO
Ross J. Beaty is a geologist and resource company entrepreneur with over 38 years of experience in the international minerals industry. In early 2008, Mr. Beaty founded Magma Energy Corp. to focus on international geothermal energy development. Magma currently owns one power plant in Nevada and two large power plants in Iceland, as well as an extensive portfolio of geothermal properties worldwide at various stages of development. Mr. Beaty also founded and currently serves as Chairman of Pan American Silver Corp., one of the world's leading silver producers, and since 1985 has successfully founded and divested a number of other public mineral resource companies.
Mr. Beaty is a Director of The Nature Trust of B.C. and patron of the Beaty Biodiversity Center at the University of B.C. Mr. Beaty is a past President of the Silver Institute in Washington, D.C., a Fellow of the Geological Association of Canada and the Canadian Institute of Mining, and a recipient of the Institute's Past President's Memorial Medal. In 2007 Mr. Beaty received the Association of Mineral Exploration of B.C.'s Colin Spence Award for excellence in global mineral exploration, in 2008 the Mining Person of the Year award from the Mining Association of B.C. and the 2008 Natural Resources & Energy Entrepreneur of the Year Award by Ernst & Young. In 2010, Mr. Beaty was awarded the prestigious Viola MacMillan Award at the Prospect and Developers Association of Canada.
Mr. Beaty was born in Vancouver, Canada in 1951 and educated at the Royal School of Mines, University of London, England, M.Sc., Distinction (Mineral Exploration) 1975 and the University of British Columbia, LL.B. (Law) 1979 and B.Sc. (Honours Geology) 1974. He is married with five children. Mr. Beaty speaks English, French, and Spanish, as well as some Russian, German, and Italian. He has worked in more than 50 countries during his career.
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Position: Secretary and General Counsel
Mr. Braaten received a law degree from the University of British Columbia in 1989 and a Bachelor of Science from the University of Calgary in 1986. Prior to joining the company, Mr. Braaten practiced law in Vancouver for 17 years. Most recently, he was a partner and the Managing Director of a boutique law firm in downtown Vancouver. He has extensive experience in the negotiation of commercial agreements and in the implementation of large infrastructure projects. Mr. Braaten is a member of the Law Societies of British Columbia and the Yukon.
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Position: Chief Financial Officer
Ms. Cusworth is a Chartered Accountant with a Bachelor of Commerce degree from the University of Calgary. Ms. Cusworth has over 20 years of financial management experience with both public and private companies, most recently as Vice President and Chief Accounting Officer for CHC Helicopter Corporation, a multinational company that was traded on both the TSE and the NYSE. While in public practice with Price Waterhouse, she specialized in audit and taxation, providing services to public and private enterprises. Ms. Cusworth is a member of the Institute of Chartered Accountants of British Columbia.
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Position: VP Exploration & Chief Geologist
Dr. Hickson is a world renowned volcanologist with over 26 years of Canadian and international geoscience experience, primarily with Natural Resources Canada. After gaining her Ph.D. from the University of British Columbia she began her career under Canada's Geothermal Program in 1981. She has published dozens of papers in volcanic geology globally and has led large multidisciplinary geoscience programs in Canada and South America. She has been a member of the Canadian Geothermal Association since 1984. Dr. Hickson will head all of Magma's international exploration activities
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Position: VP Corporate Relations
Ms. Thompson is a Chemical Engineer with dual Master's degrees in business administration and engineering with 15 years of experience in project management, business and technology development in the energy sector. Ms. Thompson has served on the Board of Petroleum Technology Alliance Canada and Borealis GeoPower. She is an external evaluator for the British Columbia Innovation Council's Innovative Clean Energy Fund. Internationally, she has a seat on the Executive Committee of the International Energy Agency's Geothermal Implementing Agreement and is currently Chair and Executive Director of the Canadian Geothermal Energy Association (CanGEA).
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Position: VP Operations & Development
Ms. Zaradic is a professional mechanical engineer with 20 years experience in engineering design, construction, commissioning and operations with large international mining projects. She was also a leading member of the fuel cell development team at Ballard Power. Her Master's degree in mechanical engineering focused on renewable energy exploitation. Ms. Zaradic will lead all of Magma's geothermal development projects, including the current expansion program at Soda Lake and the large development programs planned at HS Orka's projects in Iceland.
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Position: Exploration Manager - Magma Energy US
Mr. Benoit has 35 years of experience in the geothermal industry both nationally and internationally. He has specific expertise in all aspects of exploration, field development, production and injection operations, and resource management. Mr. Benoit is Past President of the Geothermal Resources Council and has been a Director for 10 years. He is also recipient of their Special Achievement Award as well as recipient of the council's "Pioneer Award" in 2008.
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Position: Chief Engineer - Magma Energy US
Mr. Kumataka is a professional chemical engineer, with over 30 years experience in geothermal plant construction, operations and maintenance, natural resource reservoir engineering and project development both in the U.S. and Latin America. A California Registered Petroleum Engineer for over 25 years, Mr. Kumataka has performed a multitude of geothermal reservoir technical and economic evaluations, including several international projects. Mr. Kumataka was recently the subject matter expert for Chevron's Coalinga field steam distribution system.
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Position: President & CEO - Magma Energy ICELAND
Ásgeir Margeirsson, holds a Lic. Techn. degree in Construction Management from The Technical University in Lund, Sweden and a B.Sc. in Civil Engineering from the University of Iceland in Reykjavik. His previous positions include CEO of Geysir Green Energy, COO and Deputy CEO of Reykjavik Energy and Technical Director of Iceland Drilling Co. He is currently the President of the Geothermal Association of Iceland and has served on the boards of several geothermal companies on three different continents. Mr. Margeirsson has been involved in geothermal exploration and development in various countries for over 15 years.
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Position: Country Manager & VP Operations - Magma Energy US
Mr. Morrison is a Registered Professional Engineer, (Chemical, Nevada) with 24 years experience in all aspects of geothermal power plant management of operations, maintenance, HR, environmental and safety. He has managed multiple geothermal plants in Nevada, California and Hawaii. His chemical engineering degree was received from the University of Nevada, Reno and he has held an Emergency Medical Technician certificate for over 20 years. Mr. Morrison will manage Magma's domestic and international power plant operations and maintenance and support both development and acquisition activities in the US and abroad.
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Position: Country Manager - Magma CHILE
John Selters is a mining engineering graduate of the Colorado School of Mines and has resided in Chile managing resource development projects for more than 20 years. He has worked with Ross Beaty as Country Manager for the Lumina Copper Group from 2003 - 2008.
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