Malcolm J. Ferguson, MBA

412-656-8988; Mferguson@iepwr.com

Summary: Senior financial professional. Throughout my career I have led and worked with teams of Big 4 tax, accounting and consulting professionals, as well as business and tax lawyers to develop and implement cutting edge financial products. Resourceful and builds highly effective internal and external partnerships to deliver client-centered solutions. A hands-on professional with strong communication skills, extensive commercial bank, commercial real estate and finance company experience and a detailed understanding of accounting and tax issues. Firm grounding in cash flow analysis and capital structure issues, finance documentation, tax-intensive equipment finance, mergers & acquisitions, financial reporting and regulatory compliance.

Professional Experience:

International Electric Power LLC (February 2016 to Present), Director of Finance and Controller, Pittsburgh, PA

- Repaired historical accounting and tax books, implemented new policies and procedures for Partner Distributions.

Encompass Consultants LLC (June 2015 to February 2016 ), Chief Financial Officer-Hartville, OH & Pittsburgh, PA

- Responsible for company’s financial operations, including accounting, factoring and payroll, on a part-time basis.

Allegheny Valley Bank of Pittsburgh (August 2012 to February 2015), Vice President & Sr. Commercial Lender

- Sourced, underwrote and closed $17.2mm, with $5.5mm in underwriting, in 2013-14, with zero credit loss.- Extensive commercial real estate experience and Highest Percentage of Production verses Goal award winner.

Fifth Third Bank; Fifth Third Leasing Company (2000 to 2012)-Cincinnati, OH & Pittsburgh, PA

Vice President & Middle Market Lender (September 2010 to August 2012)

- Built the Bank’s Marcellus Shale business and managed a $220mm diversified portfolio.

Vice President-Equipment Finance & Tax Leasing (January 2000 to September 2010)

- By leading complex teams of tax, legal and accounting professionals, built the Bank’s global equipment finance business from start-up, invested over $800mm in the financing of over $3.0b in assets with zero credit loss.

- Leveraged ground breaking PNC securitization experience to include railcars and shipping containers.- Appointed to Board of Directors of the Bank’s affiliate that managed 22 cross-border lease transactions.

PNC Bank, N.A.; PNC Leasing Company (1997 to 2000)-Pittsburgh, PA, VP Leveraged Leasing

- Invested $370mm in 2.5 years, responsible for profit and loss.- In collaboration with teams of legal, tax and accounting professionals and Bank of America, developed, obtained Board

approval and executed an innovative tax-oriented securitization structure that financed $1.0b of autos/lease contracts.

Additional Experience:

Mellon Bank, N.A.; Mellon Leasing Company; Mellon US Leasing (1989-1997)-Pittsburgh, PA, San Francisco, CA

Federal Reserve Bank, Pittsburgh Branch (1987 to 1989)-Pittsburgh, PA; Check Transit Analyst

Jones & Laughlin/LTV Steel Company (1982 to 1986)-Aliquippa, PA & Chicago, IL; Coke Oven Foreman, Area Communications Manager

Education and Activities:

- Katz Graduate School of Business-Masters of Business Administration-Finance- Allegheny College, Meadville, PA-BS in Economics, Minor in Political Philosophy, member Pi Gamma Mu

International Honor Society, Senior Thesis-“Renewable Resource Management”, member Phi Delta Theta fraternity