Chairman and Chief Executive Officer
Mr. Cusenza has over thirty years of experience in building and managing businesses. He has been Chief Executive Officer of Nodal Exchange since January 2008 and led Nodal Exchange to its commencement of trading in April of 2009. Prior to Nodal Exchange, 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 Master of Business Administration degree from the Harvard Business School and a B.S.E. in Mechanical Engineering from the University of Michigan.
Chief Compliance Officer & Corporate Counsel
Mr. Alvarez joined Nodal Clear as the Chief Compliance Officer in February 2015. He has over fourteen years of compliance experience in the futures industry. Prior to joining Nodal Clear he was Special Counsel in the Division of Market Oversight at the Commodity Futures Trading Commission where he evaluated the compliance policies and procedures of futures exchanges and their compliance with core principles. Mr. Alvarez was formerly a Regulatory Analyst at FINRA where he was responsible for monitoring and reviewing trading activity on the Chicago Climate Exchange. Mr. Alvarez holds a Juris Doctorate from the University of Connecticut School of Law and a B.S. in Finance from the Pennsylvania State University Smeal College of Business.
Chief Technology Officer & Chief Information Officer
Mr. Askew has been the Chief Technology Officer and Chief Information Officer at Nodal Exchange since January 2008 and is responsible for all Nodal Exchange technology development, acquisition, and operations. Mr. Askew began his career as an analyst at Dean and Company, a strategic consultancy, and then moved into the field of enterprise software design and development. He has worked in both technical and technical lead roles and came to Nodal Exchange from a position as Director of Development for a custom software development company. Mr. Askew holds a B.A. in Applied Mathematics from Harvard University.
Ms. Herrera has over twenty years of legal experience in energy and commodities trading. She joined Nodal Exchange as the Chief Compliance Officer in October 2008. She was previously the founder and Managing Partner of OTC Legal, LLC (formerly Office of In-House Counsel, LLC) focusing on legal risk management and compliance matters. She began her commodity futures career as an attorney at the Commodity Futures Trading Commission and later served at the Federal Energy Regulatory Commission. Ms. Herrera was also Trading Counsel for Statoil Energy and Counsel for the law firms of McGuireWoods and Sutherland. She is an active member of the bar in Virginia and Washington, D.C., and a Certified Public Accountant (inactive). Ms. Herrera holds a Juris Doctorate from Temple University Beasley School of Law and a B.B.A. in Business Management from the College of William & Mary.
Mr. Karousos joined Nodal Exchange in January 2008. As President, he oversees the technology, operations, risk, and clearing services for Nodal Clear. Prior to the Nodal Exchange clearing house transition from LCH.Clearnet Ltd to Nodal Clear, Mr. Karousos worked closely with the risk team at LCH,Clearnet Ltd in developing risk models, conducting risk analysis, and monitoring risk performance for the Nodal Exchange market. Mr. Karousos began his career at Cambridge Energy Research Associates and later joined Williams Energy Marketing & Trading’s origination team for the international natural gas market. He has held a variety of roles in industry and management consulting prior to joining Nodal Exchange. Mr. Karousos holds a B.A. in Economics from Harvard University.
Chief Marketing Officer
Ms. Ricard has over fifteen years of experience in marketing, and joined Nodal Exchange in March 2008. Prior to joining Nodal Exchange, Ms. Ricard was a Senior Manager, Marketing and Alliance Management, at Perlegen Sciences. She also previously worked in marketing management at AOL, Microstrategy and Capital One Financial. Ms. Ricard holds a B.S. in Business Administration from Georgetown University.
Chief Risk Officer
Mr. Zhang serves as the Chief Risk Officer for Nodal Clear, overseeing the Risk Team. Prior to this role, Mr. Zhang spent almost two years in China managing the clearing operations at the Dalian Commodity Exchange and leading the product and operations team at the newly-established Guangzhou Futures Exchange. Mr. Zhang began his career at Dean & Company as a strategic consultant and then worked at Nodal Exchange in market administration and risk management roles for 10 years. Mr. Zhang holds a Ph.D. in Chemical Engineering and an MSCEP from the Massachusetts Institute of Technology, and a M.Sc. and B.Sc. in Chemical Engineering from Tsinghua University. He is a Chartered Financial Analyst (CFA).