Our senior (Management) officials: 

 

 

Igor V. Makarov - Chairman of the Board

Born in Ashkhabad (Turkmenistan) in 1962.

Graduated from the Turkmen State University in 1983.

Was member of the USSR national cycling team, champion and prizewinner of the all-Union (USSR) and international cycling competitions.

Head of ITERA Group since 1992

Chairman of the Board, International Energy Corporation 2002 - Present

Chairman of the Board, Itera USA Inc 2004 - Present

Honored with state awards from different countries for significant contribution for developing economic relations and strengthening friendship and cooperation between the people.

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Raissa M. Frenkel, PhD - President and CEO

Born in Kazan, Russia in 1961.

Graduated from the Kazan Finance and Economics Institute in 1982, Ph.D. in economics.

Political Economy department officer in Kazan Finance and Economics Institute, 1982-1984.

Lecturer in Kazan Finance and Economics Institute, 1989-1991.

Business adviser in the USA, 1992-1994.

US citizen since 1998

Vice-President, Itera USA Inc and Itera International Energy Corporation, 1994-2002.

President and CEO, Itera USA Inc and Itera International Energy Corporation 2002 - Present

Member of the Board of Directors of the ITERA Oil and Gas Company Ltd 2002 - Present

Member of Board of Directors - Dune Energy Inc., 2004 - Present

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Steven M. Sisselman - Executive Vice President and COO

Born In Brooklyn, New York in 1958

Graduated with honors from University of Florida with a B.S. in Business Administration - Finance Major, 1980

Held various executive positions in finance and petroleum trading with The Charter Company and subsidiaries from 1981 -1993 including serving as Treasurer of Charter's UK division in London.

Vice President of Business Development, Itera International Energy Corp. 1994 - 2003

Executive Vice President and Chief Operating Office, Itera USA, Inc.  2004 - Present

Member of Board of Directors - Dune Energy Inc., 2004 - Present

Member of Board of Directors - BioEnergy International, LLC,  2006 - Present

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Lazar S. Finker, PhD - Vice President Public Relations

Born in Kazan, Russia in 1952

Master of Art Degree, graduated from Kazan Academy of Culture, Russia, 1978

PhD in Education, graduated from Academy of Pedagogical Science, Russia, 1988

Founder and director of first private Community College in Russia, 1988

Author of over 50 publications in various scientific magazines on the issues of Juvenile delinquency and continuous education

Master of Law Degree, graduated from Kazan State University, 1991

Visiting International Professor in Florida Community College, Jacksonville, 1991 - 1994

Vice President Public Relations, Itera USA Inc and International Energy Corporation, 1994 to Present

US citizen since 1998

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Nick T. Kavalieros - Vice President Real Estate Development

Born in Thessalonica, Greece in 1972

Became American Citizen in 1991

Graduated from University of North Florida with a BA in History, 1995

Held various position in operations and international trade with ITERA International Energy Corporation from 1994 - 1996

Operations Manager for Itera International Energy Corp from 1996 – 2003

President, Itera Timberland & Development Strategies, LLC 2003 - present

Vice President Real Estate Development, Itera USA 2004 – present

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Lisa M. Kavalieros - Vice President and Controller

Born in Memphis, Tennessee in 1973

Graduated from University of Florida with a BA in Advertising and minor in Mathematics, 1995

Held various positions in finance and banking with ITERA International Energy Corporation and subsidiaries from 1995 – 1998.

Held executive positions in finance and banking 1998 – 2003.

Vice President and Controller, Itera USA 2004 – present

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Dennis A. Foster, Esq. - General Legal Counsel

Born in Iron Station, North Carolina in 1949.

Graduated with highest honors with a B.A. in French from the University of North Carolina at Chapel Hill, 1971.

U.S. Army Service 1971-1974: West Berlin and Stuttgart.  Russian Linguist.

Jurist Doctor from Stanford University Law School in 1977.

M.A. in Development Economics from the University of London, 1981.

United States Diplomat (Foreign Service): 1981-1991: Beirut, Genoa, Washington, D.C., Abu Dhabi.

1991-2006: International Business Lawyer in Milan, Paris and Washington, D.C.

Member of the bar associations of Maryland and Washington, D.C., and member of the American Bar Association.

Joined Itera as Vice President-Legal Counsel in 2007.

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