THE EXECUTIVE TEAM:

EXECUTIVE BIOGRAPHIES:

Norman ("Pete") A. Pedersen, III
Managing Principal

Pete Pedersen is a Managing Principal and founder of Renova. Mr. Pedersen has over twenty-five years experience in law, corporate finance, and business with special expertise in corporate control transactions within the environmental industry and transactions involving environmentally impaired properties.

Mr. Pedersen, prior to founding Renova, was a corporate attorney and Vice President for Corporate Development at Thermo Electron Corporation and a Principal at EnCapital, Inc., a boutique investment bank serving the environmental, energy and engineering industries. While at Thermo, he managed acquisition campaigns, venture capital investments, and initial public offerings. He also conceived, founded and managed Thermo Electron’s consulting practice for facilitating the redevelopment of contaminated properties and the mitigation of contingent environmental liabilities. At EnCapital, Mr. Pedersen originated and managed merger and acquisition and private placement engagements. Early in his career, Mr. Pedersen worked as an analyst in corporate finance at Lehman Brothers Kuhn Loeb in New York and as an attorney at Nagashima & Ohno in Tokyo and Hale and Dorr in Boston.

Mr. Pedersen is a regular speaker on redevelopment issues at the Boston University School of Management as well as at several trade and educational forums.

John B. Hanselman
Managing Principal

John Hanselman is a Managing Principal of Renova. Mr. Hanselman has spent the last twenty-five years in real estate and entrepreneurial companies.

Mr. Hanselman, who joined Renova in the summer of 2003, began his career working for two different prominent New England based developers, Carpenter & Company and New England Development, where he served as Director of Finance and Acquisitions. During his tenure with the two firms, Mr. Hanselman completed over $2 billion worth of transactions in the retail, luxury residential and hotel sectors. Prior to joining Renova, Mr. Hanselman founded Active Impulse Systems, Inc., and served as President and CEO until Philips Electronics acquired the company. Mr. Hanselman then took over as President and CEO of LingoMotors, Inc. a natural language software company.

Mr. Hanselman has been an invited speaker at Harvard Business School and both MIT's Sloan Business School and Center for Real Estate Development. Mr. Hanselman has published papers and holds patents in the semiconductor and natural language software areas.

Michael Singer
Project Director

Mike Singer is a Project Director for Renova. He is responsible for managing redevelopment projects and structuring transactions. Mr. Singer has over 10 years experience in project management in the real estate field. He has specialized experience as a development manager in the purchase, remediation, development, and resale of environmentally impaired properties, performing due diligence and integrating remedial investigations with real estate development. He has also worked with retail, industrial and commercial end users at both Trammel Crow Company and Sapient Corporation to negotiate leases and couple development concepts with environmental restoration work.

Kimmaria Martin
Director of Finance

Kim Martin is the Director of Finance for Renova. She is responsible for the accounting and financial reporting for Renova and all of its related ventures, including budget management, progress reporting and vendor, client and banking relations. Ms. Martin has over 12 years experience in finance, accounting and financial reporting in both the public and private sectors. She has worked several years in public accounting at PricewaterhouseCoopers along with having several years of private experience in technology, manufacturing and retail businesses.