Chairman and CEO
Randall Newton is a CPA with a background in corporate finance, SEC filings, strategic planning, mergers and acquisition modeling and analysis, corporate governance and compliance under Sarbanes-Oxley that is complemented by early experience in the financial side of oilfield transportation and international joint ventures in oil & gas exploration.
From 1998 to present Mr. Newton has been the principal of Newton Collaboration, LLC, a Houston Texas-based firm that provides accounting, governance and information systems consulting services to private and public companies, and provided such services to Treaty Energy since its inception. Prior to 1998, Mr. Newton served as corporate controller of Peak USA Energy Services Ltd. of Houston, where he created the Finance Department for a spinoff oilfield transportation joint venture for Nabors Drilling, the world's largest land-rig company and Chesapeake Energy.
Earlier, Mr. Newton was the CFO and Project Manager for Russian-American Oil & Gas Joint Ventures. He was responsible for the implementation of a Joint Russian/GAAP general ledger system that was administrated totally by Russians. He prepared and defended a $200 million operating and capital budget and supervised a Russian accounting staff of fifty.
Randall Newton received a BBA degree in Accounting and Finance from the University of Texas, and is fluent in Russian, Spanish and French.
President, COO and Director
Joe Grace joined Treaty Energy as President, Chief Operating Officer, and a Director in October 2009. He brings over 40 years of business experience to Treaty Energy and its Board, having begun his career with six years at Gulf Oil.
After Gulf, Mr. Grace worked for 15 years in banking beginning with Texas Commerce Bancshares (now Chase), followed by ten years of private company ownership, and three years of public company leadership.
Mr. Grace has been a bank president, CEO of two personally owned companies, CEO and Chairman of one public company and CEO of a second public company. His business interests range from oil and gas, banking and finance, corporate data centers, integrated security centers, digital imaging, specialty engineered products, and wireless broadband services.
In addition, Mr. Grace has assisted companies with business strategies, capital formation, investor relations, marketing concepts, contract development, business development, and personnel evaluations through consulting agreements with several private and public companies for the last ten years. He has also served on the Board of Directors of several companies.
Director
Dan Olson joined Treaty Energy as an Independent Director in October 2009.
Dan Olson has over 30 years of experience in both public and private business, and was a co-founder of Small Cap Consulting, LLC in 2004.
Mr. Olson’s focus over the years has been on start up and developmental companies. His ability to guide companies on achievable goals and then see those goals completed has taken him into various business sectors. The implementation of his management strategies has lead many companies from concept to reality.
Mr. Olson has managed, owned, and served as a director in both private and public companies. He has also spent a portion of his career in mentoring Chief Executive Officers. He holds a post graduate degree in Economics from North Dakota State University.