Nodal Exchange & Nodal Clear Board of Directors

PAUL CUSENZA

Mr. Cusenza is Chairman and CEO of Nodal Exchange, LLC and Nodal Clear, LLC. He has over thirty years of experience in building and managing businesses. He was a co-Founder and co-President of 23andMe, a personal genetics company, and the Senior Vice President of Marketing and Alliance Management at Perlegen Sciences. He was part of the Senior Management Team of Capital One Financial during a period of great growth in the 1990s, as the Managing Director of Value-Added Alliances and Vice President Marketing & Analysis. Prior to Capital One Financial, he was a Vice President and Partner at Mercer Management Consulting (now Oliver Wyman) for nearly a decade focusing on financial services. He also worked for IBM early in his career. Mr. Cusenza holds a Masters of Business Administration degree from the Harvard Business School and a B.S.E. in Mechanical Engineering from the University of Michigan.

TOBIAS PAULUN

Dr. Tobias Paulun has been a member of the EEX Management Board since 1st January 2015. Starting in August 2009, he worked for EEX and ECC in the areas of product development and strategy. Moreover, he was Managing Director Exchange and member of the Board of EPEX SPOT. In these functions, he contributed to the strategic development of EEX Group with special focus on the regulatory market environment and European energy market design. As Chief Strategy Officer of EEX, Tobias Paulun coordinates the strategic direction of EEX Group.

STEVEN B. PERFECT

Dr. Perfect serves as a Public Director of Nodal Exchange, LLC and Nodal Clear, LLC. He is an Associate Professor in the Department of Finance at Florida State University teaching derivatives, investments, and portfolio management in the Masters of Business Administration and Masters of Science in Finance programs. Prior to returning to Florida State’s faculty in 2012, Dr. Perfect was with NextEra Energy (formerly FPL Group) for over a decade. He was the Senior Director of Option Trading & Quantitative Analysis at NextEra Energy Resources, where he managed energy derivatives traders and trading analysts as well as overseeing quantitative and risk analysis. He was also formerly the Senior Director of Transmission Trading for FPL Energy. Prior to NextEra Energy he worked at Sonat Energy Services / El Paso Merchant Energy in risk strategy for two years and taught at Florida State University for seven years achieving tenure while teaching at the undergraduate and doctoral level in finance. He has been qualified as a Chartered Financial Analyst since 1998. He is a former Board Member of the Eastern Finance Association. Dr. Perfect earned a B.S. in Physics from Oklahoma State University and a Masters of Business Administration and Ph.D. in Finance both from The University of Texas at Austin.

BENJAMIN PRESTON

Mr. Preston serves as a Public Director of Nodal Exchange, LLC and Nodal Clear, LLC. He joined Macquarie Bank in 1995 in Sydney, Australia and retired in Houston, Texas in 2012. When he retired from Macquarie Energy, Mr. Preston was an Executive Director of Macquarie’s Risk Management Group and Head of Credit Analytics. The Credit Analytics team was responsible for developing, implementing and maintaining quality credit measures consistently across all of Macquarie’s trading businesses. Prior to being Head of Credit Analytics, Mr. Preston was Head of Macquarie’s US Power business for four years overseeing a sixty person staff actively participating in the organized US electricity and associated fuel input and emission markets. Mr. Preston immigrated to the United States from London, where he was previously Head of Fixed Income Currencies Commodities Group for Europe, Middle East & Africa for six years overseeing a one hundred person staff trading and marketing derivatives. He has worked in structuring, trading, origination and management capacities on four continents. Mr. Preston holds a Bachelor of Arts / Bachelor of Commerce degree from The University of Auckland (New Zealand).

PETER REITZ

Peter Reitz has been chairman of the EEX Management Board since 1st August 2011. After gaining a degree in mathematics, he started his career as a product manager at Deutsche Börse AG in Frankfurt. From 2000 to 2001, he worked at Dow Jones Indexes in New York before he became a member of the Eurex Management Board. Since 2007, he has overseen the development of the EEX as a member of the EEX Supervisory Board.