Board Of Directors

Richard K. Crump, age 64, director since December 2001, served as our President and Chief Executive Officer from January of 2003 to May of 2008. Prior to that time, Mr. Crump served as our Co-Chief Executive Officer from December of 2001 through January of 2003, our Executive Vice President – Operations from May of 2000 through December of 2001, our Vice President—Strategic Planning from December of 1996 through May of 2000, our Vice President—Commercial from October of 1991 through December 1, 1996 and our Director—Commercial from August of 1986 through October of 1991. Prior to joining us, Mr. Crump was Vice President of Sales for Rammhorn Marketing from 1984 through August of 1986 and Vice President of Materials Management for El Paso Products Company from 1976 through 1983.

Daniel Fishbane, age 48, director since November 2009, joined M.D. Sass Investor Services, Inc., the sole owner of Resurgence Asset Management, L.L.C., in 2008, as their Senior Vice President and Chief Financial Officer.  Prior to that, Mr. Fishbane was previously CFO at Pequot Capital, Managing Director and Finance Director at Swiss Re Financial Products Corp, Executive Vice President and CFO at National Discount Brokers Group, Managing Director-Finance & Operations and CFO-NY at D.E.Shaw.

John V. Genova, age 55, director since May 2008, joined the company as Sterling’s President and Chief Executive Officer in May of 2008. Prior to that time, Mr. Genova served as Vice President of Corporate Planning for Tesoro Corporation, an independent refiner of oil and gas products, where he was responsible for business plan development, capital management programs and competitor assessment and benchmarking programs, as well as a corporate performance scorecard process. Prior to becoming Vice President at Tesoro in 2005, Mr. Genova served as Executive Vice President – Refining and Marketing of Holly Corporation since 2004. Mr. Genova began his career as an engineer with ExxonMobil Corporation in 1976, working in a variety of domestic and international positions, including Executive Assistant to the Chairman and General Manager, Corporate Planning, responsible for development of ExxonMobil’s corporate plans during 2002 and 2003. In September 2009, Mr. Genova joined the Advisory Board of 1859 Partners LLC, the manager of the global energy investment fund, 1859 Capital, L.P.  He also serves as a member of the Board of Directors of Encore Acquisition Company, which is engaged in the development of onshore North American oil and natural gas reserves. In addition, Mr. Genova has provided consulting services to investment banks, private equity companies and hedge funds.

John W. Gildea, age 66, director since December 2002, has been a managing director and principal of Gildea Management Company since 1990. Gildea Management Company and its affiliates have been the investment advisor to The Network Funds, which specializes in distressed company and special situation investments. Mr. Gildea has served on the Board of Directors of a number of restructured or restructuring companies, including Amdura, American Healthcare Management, Inc., America Service Group, GenTek, Inc., Konover Property Trust and UNC Incorporated. Mr. Gildea also serves as a member of the Board of Directors of Universal Aerospace Company, Inc. and Misonix, Inc., for which he serves on the Audit Committee and Compensation Committee, and several United Kingdom based investment trusts.

Karl W. Schwarzfeld, age 33, director since March 2006, is a Vice President of Resurgence Asset Management, L.L.C., which beneficially owns a substantial majority of the voting power of our securities. Mr. Schwarzfeld joined Resurgence in 1998.

Philip M. Sivin, age 38, director since July 2004, is a Senior Vice President of M.D. Sass – Macquarie Financial Strategies Management Company, LLC and a Vice President of Resurgence Asset Management, LLC, which beneficially owns a substantial majority of the voting power of our securities. Mr. Sivin joined Resurgence in 2004 and became a Vice President in 2005. Mr. Sivin had served as Senior Vice President and General Counsel of M.D. Sass Investors Services, Inc. and M.D. Sass Associates, Inc. since 2000. Prior to joining M.D. Sass in 2000, Mr. Sivin was an attorney at Sullivan & Cromwell in New York specializing in corporate, securities, real estate and investment management transactions. Mr. Sivin also currently serves as a director and an executive officer of M.S. Sass Investor Services, Inc. (which owns Resurgence) and M.S. Sass Associates, Inc. and as a director of Furniture.com, Inc., First Commercial Credit Corp., M.D. Sass Management, Inc., Taurus Fund Management Pty Limited, Taurus SM Holdings Pty limited and New Holland Capital Pty Limited.

John L. Teeger, age 66, is the President and Chief Operating Officer of Founders Equity Inc. (“Founders”), positions he has held since 1981. Founders manages private equity funds through its affiliates Founders Equity SBIC I LP and Founders Equity NY LP, which invest in small to mid-cap enterprises operating in the U.S. Prior to joining Founders, Mr. Teeger was a Vice President of Bear Stearns & Co. from 1976 to 1981. Mr. Teeger has been a director and an officer of numerous entities formed by Founders and its affiliates and is currently a director of Stone Source Inc., Richardson Foods Inc., Glass America Inc. and Ensure Technologies Inc. Mr. Teeger is also a member and former Chapter Chairman of the World Presidents Organization and the Young Presidents Organization.