And after what must have seemed like an eternity, the bankruptcy proceedings that had snarled the million-dollar sale of Curlys earlier mill finally concluded. Transportation is carefully controlled to be sure all materials arrive on time and in pristine condition. We're the company building the most uncompromising windows and doors possible for clients with the highest expectations, a fact were proving one beautiful project at a time. They had partnered with Mike Crook, a successful lumber wholesaler who also operated in the Arcata market. His Sierra Pacific Industries is the largest private lumber production firm in the nation, with 14 sawmills across California and Washington. In hindsight, each made perfect sense. Most of his mills were woefully undercapitalized. The teams here take great pride in what they do, with a rare combination of technological expertise, craftsmanship and attention to detail. Throughout his career, Red has made one big bet after another. I lead Forbes coverage of food and agriculture. Founded by Curly in 1979, it has distributed nearly $34 million to communities and scholarship programs. We build windows and doors in a way that leaves nothing to chance. Each complemented the others strengths and weaknesses. During later proceedings in the related state-court action, petitioners learned of additional impropriety that confirmed their worst fears: the misconduct was so sweeping that the state-court judge terminated the action as corrupt and tainted and concluded that petitioners could never have received a fair trial.. In 1969, Red and John Crook, Mikes son, formed a publicly traded company called Sierra Pacific Industries. An expected long tenure as president was cut short by his decision to resign amid allegations of financial impropriety in his personal life. Anderson, California Search Background Check Sierra Pacific Industries Business Data 19794 Riverside Ave, Anderson, CA 96007, USA (530) 378-8000 sierra@spi-ind.com www.spi-ind.com AllBiz Business Profile Search Background Check He has worked as Captain at Silver Airways, Captain at Air Wisconsin Airlines, and Pilot at High Country Aviation. Our wood is treated and protected against insects and moisture with our patented, naturally organic CoreGuard Plus preservative. Thanks to the deadbeats who had tied him up in bankruptcy court, he couldnt get going right away. Mark Emmerson's colleagues are Holly Stolpe, Christopher Henningsen, Jennifer Wagle, Jason Berglund, Michael Haas. resource library. Trees would still be there.. In 1950, the Emmersons didnt own a single acre. He was the catalyst that made his company prosper and grow. It also supports youth activities and other organizations in the communities in which Sierra Pacific Industries has facilities. As Humphrey Bogarts character said at the end of Casablanca, it was the start of a beautiful friendship for the Emmersons as well as for Bank of America. When asked why they agreed to the terms if theyre not guilty, Red Emmersons son Mark, the companys CFO, told Forbes: We had a gun to our head. (Click here for the full Forbes Magazine profile on Red Emmerson). Who is Sierra Pacific Windows? As long as Curly could find timber, Red could generate cash flow. College was definitely not an option. Mark Emmerson Port of Tyne . Howells loggers left without checking the site for flames or smoke, even though it was a red flag day, meaning high fire potential, according to the government report. Just as importantly, he insisted on running a second shift. Now lets incorporate another factor: his profound understanding of the forest products industry. This dramatically improves energy efficiency and reduces seal failures often caused by the more common metal spacers. Archie Aldis "Red" Emmerson (born 1929) is the founder of Sierra Pacific Industries, a lumber products company that operates in California, Oregon and Washington. Sam nicknamed him Red. Mark is a member of the Board of Directors for the California Forestry Association, the Presidents Advisory Commission for the University of California, and has served in various capacities on both the American Forest and Paper Association and the American Forest Foundation. Mark Emmerson 01 02 F A Q Is my health coverage provided by Sierra Pacific Industries a Blue Cross plan, an Obamacare plan, or is it still the Sierra Pacific Industries Health Benefits Plan? Listen , To football fans, its known as the trenches. Its the battlefield that runs the length , Searching for farmland can be made far simpler with accessible, accurate land data. But a spate of new regulations had changed the game. Sierra Pacific Industries is a third-generation family-owned forest products company with a rich history. After explaining their predicament, Hefter invited father and son to meet him in San Francisco. Red flew to Chicago to submit SPIs bid. MOXIE. Santos said he will run for re-election in 2024, despite growing calls for him to resign just days after he was sworn in for his first term. and engaged in a systematic campaign of misdirection with the purpose of recovering money from the Defendants., Sierra Pacifics chief lawyer, Paul D. Clement, asked the Supreme Court to take on the case in February 2018. In 1949, the two leased a sawmill together and formed R.H. Emmerson & Son. The companies entered into a 12-year supply agreement, and the Aberdeen Mill became the first of four that SPI operates in the state. Is there any doubt in your mind what happened next? Adept at building, coaching, organizing, and leading high-performance teams to realize dynamic profitability and sales. The knowledge he subsequently gained of the milling industry became the second pillar of Reds success. With 2.33 million acres, Emmerson and his family rank as Americas largest private landowners, according to a profile[1] by Eric OKeefe in the 2021 Land Report 100. It was the standing timber that we wanted to buy. Overview. The balance is sold to CA utility companies to help local communities and reduce our nation's dependence on fossil fuels. . The lead federal prosecutor, Robert Wright, filed a declaration in 2014after superiors removed him from his postin whichhe said that omissions from the Report were material. He alleges they could be reason to charge the government attorneys with obstruction of justice, as well as misprision of a felony. No matter how hard we tried, we could not out-think him, nor could we outwork him. In 1962, Folkenberg graduated from Andrews University and obtained his master's degree in New Testament theology from Andrews in 1963. Almost immediately, they pocketed an additional $25,000 running Crooks mill. As fate would have it, the buyers defaulted on the note, and the whole mess ended up in bankruptcy court. For with it, Red Emmerson and his family became Americas largest landowners. [4] His decision was not an admission of guilt but rather an expression of concern that the church not be marred by his cooperation in the investigation. Plenty of ups and downs followed, particularly after Red was drafted into the Marines during the Korean War. Innovations in sustained yield forest management and timber harvesting will nearly triple the amount of wood growing on our land in the next 100 years, with average tree diameters doubling in that time. Vaughn Emmerson, one of Reds grandsons, runs it. Because Home Depot doesnt sell timber. 2023 The result? Name: Mark Emmerson Company: Sierra Pacific Industries Job title: CFO for Sierra Pacific Industries Country of Residence: United States Website of the company : spi-ind.com / Size of the company : sign up to find out Paramount+ Renews "SEAL Team" For Season 7, Most Americans Think Biden Mishandled Classified DocumentsBut They Dont Want Him Charged, Poll Suggests, The Forbes 400 2022: 10 Richest Newcomers, The Forbes 400 2022: 10 Billionaires Under 40, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. My father was perfectly happy running a single shift. Today, Sierra Pacific products are installed in 30 countries around the globe, with a focus on residential and light commercial construction in North America. Red was out of answers. From planted seed to delivered window and door, every style, every feature, every bit of glazing and cladding are made by people invested in their work, Facebook gives people the power to share and makes the world more open and connected. "Bud" Tomascheski, "Red Emmerson Becomes America's Largest Landowner | the Land Report", "Golden Plate Awardees of the American Academy of Achievement", https://en.wikipedia.org/w/index.php?title=Archie_Aldis_Emmerson&oldid=1117259158, 2019 Timber Processing magazines Person of the Year, 2019 West Coast Lumber & Building Material Association (WCLBMA) Lifetime Achievement Award, This page was last edited on 20 October 2022, at 19:20. This time he got turned down. Preparing Mark's profile View Mark's Email & Phone (It's Free) 5 free lookups per month. The rest of us went along for the ride.. . In high school, he was sent to a strict boarding school in Eastern Washington. Wait a minute: Dont you want to make hay while the sun shines? The Treasury Department plans to temporarily suspend investments in federal employee retirement accounts, Secretary Janet Yellen said last week, as it scrambles to prevent the government from running out of money. Milled pieces are assembled into world-class windows and doors in one of our three manufacturing facilities. Mark Emmerson is a CFO at SIERRA PACIFIC INDUSTRIES. Red Emmerson in the lumber yard of his Anderson. The result? Just as importantly, the Emmersons had all their eggs in one basket, and that basket was California, the most stringent regulatory environment in the nation. Funding Opportunities Georgia-Pacific had just acquired Hammond Lumber Company, and Owen Cheatham needed cash. As the department head, Keene could authorize far more than $500,000. CFO @ Sierra Pacific Industries. Shavings become animal bedding; bark becomes landscape material or boiler fuel for dry kilns and electricity generation. A deal was struck, and Senecas CEO and president, Todd Payne, subsequently became president and general manager of SPIs lumber business. Sierra Pacific Windows is part of Sierra Pacific Industries, which sustainably manages over 2.4 million acres of timberland in California, and Washington. As a result, Sierra Pacific Industries plants 7 million new trees every year and will nearly triple the amount of wood growing on its lands in the next 100 years, with average tree diameters nearly doubling in that time. Look up specifications and drawings for all . Strategic Planning . In 2021, SPI entered the Oregon market, thanks in part to Reds friendship with Aaron Jones (19212014). We bring in Professional Foresters and Wildlife Biologists to help protect wildlife habitat, watercourses and plant life, and to help manage our lands based on "sustained yield" practices. His father lived in California and his mother in the Alaska Territory. Why not? The following year, he graduated from Omak High School. As a finishing touch, our insulated glass uses No-Metal TrueWarm Edge polymer structural foam spacers. But in real time, at the moment, all of them must have seemed like climbing Everest. I didnt like it, he tells me. According to the Land Report 100, the Emmerson family is the largest private landowner in the United States. After a profitable run at the Olson Mill, the Emmersons lease had expired. A state-of-the-art manufacturing facility, the Fab Shop employs dozens of engineers, electricians, machinists, and welders to create lumber manufacturing equipment for Sierra Pacifics facilities. To Red, that was all the money in the world.. But they soon found out the federal judge wouldnt hear any evidence about who actually started the fire. Mark Emmerson - CFO @ Sierra Pacific Industries - Crunchbase Person Profile Person Mark Emmerson Overview CB Rank (Person) 443,089 Primary Job Title CFO Primary Organization Sierra Pacific Industries Location Redding, California, United States Regions West Coast, Western US Gender Male Facebook View on Facebook LinkedIn View on LinkedIn \" To learn more about how Sierra Pacific Industries protects, preserves and invests in its own forest lands, visit spi-ind.com. Contact, 908 East North Street, Greenville SC 29601 Then again, What would have happened if we defaulted? he adds. So he hired on as a hand at a ranch owned by Sam Smith, a Native American. SINCE 1990 SPI FORESTS HAVE SEQUESTERED xxx,xxx,xxx,xx x METRIC TONS OF CO2 It's founder, Archie Aldis "Red" Emmerson, was born in Oregon, close to mountains, timber and a father in the timber business. Stuff like this, its just demoralizing, and its wrong, Red Emmerson told Forbes. But in real time, at the moment, all of them must have seemed like climbing Everest. Hes nowhere near as rich as he boasts, nor as poor as his critics claim. MINDSET. We learned from him. That, in itself, is amazing, especially given that he chose the same line of work that his father had pursued with checkered success. Copyright 2023 Arounddeal Holdings Limited. A bigger red flag, the DOJ argued, was that Howells equipment had started three other fires that summer, at least one of which Sierra Pacific allegedly knew about. Its pathetic. Hefter escorted Curly and Red over to Frank Keenes office at Bank of Americas Commodity Loan Department. The Sierra Pacific Foundation was established in 1979 by R.H. Emmerson, Red Emmersons father. A deal was struck, and Senecas CEO and president, Todd Payne, subsequently became president and general manager of SPIs lumber business. Folkenberg was married to Anita Emmerson and they had two children, Robert and Kathi. Says Hearst, Theyre still moving the ball towards an ever-moving end zone, if you will. He championed the vision of a Global Mission initiative in the Adventist Church. True to form, the Emmersons not only paid off the $2.8 million note, but they did so two years ahead of schedule. Having recently joined us from Seneca, he brings to SPI a deep Red Emmerson grew up in a broken home. "http://nature.berkeley.edu/site/sjhall.phpMark Emmerson is the Chief Financial Officer and a member of the Board of Directors of Sierra Pacific Industries, . The lawsuit came at the beginning of the mortgage crisis and home-building recession, which reduced lumber demand greatly. View Mark Emmerson's profile for company associations, background information, and partnerships. Yet many believe the two are one and the same. Sierra Pacific Windows is part of Sierra Pacific Industries, which sustainably manages over 2.4 million acres of timberland in California, and Washington. Who We Are View Mark Emmerson's profile on LinkedIn, the world's largest professional community. Keenes successor, Tony Zanze, not only extended SPI a $500 million commitment, but after the largest one-day drop in the history of the Dow Jones Industrial Average Black Monday the bank didnt flinch. Uncompromising commitment to quality in every step of the window and door-making process as we craft products used by customers with the most discerning tastes and highest standards in the industry., Our founder, Red Emmerson, expresses it this way: "Do it right, or do it twice.". Redding, California, United States. Mark Emmerson CFO at Sierra Pacific Industries Redding, California, United States 281 followers 255 connections Join to connect Sierra Pacific Industries Activity The new Idaho Forest. Lets start with the low-hanging fruit. In May 2021, lumber prices spiked to all-time highs. We learned from him. Mark Emmerson FIRST QUARTER 2022 PREPARED TO LEAD. As the department head, Keene could authorize far more than $500,000. He could shame an employee into extra effort merely by his example. He died just before his 75th birthday on December 24, 2015, from a recurrence of colon cancer, at his home in Winter Haven, Florida, surrounded by family. $2.5 billion, according to our most recent tally. The Sierra Pacific Foundation was established in 1979 by R.H. Emmerson, Red Emmersons father. According to Steve Hearst, its in the Emmersons DNA to do so. The Emmerson family runs Sierra Pacific Industries (SPI), America's second-largest lumber producer and are the largest private landowner in California. Stable markets are the best markets, and that one was out of whack.. The company supports more than 600 dealers, distributors and company stores across the country, with three manufacturing plants strategically located to deliver your order when you need it. Read our GDPR, CCPA compliance, Discover our comprehensive and accurate B2B database, Key Account Sales Manager - Automotive & Industrial Distribution, Senior Director of IT Governance and Data Strategy, Director of Information Management - Enterprise Data & Analytics, Mark Emmerson's role in Sierra Pacific Industries is CFO. Builders use lumber. Bolts account dwindled from more than $12.8 million to $12,000, his attorneys said. Today, Red's sons George and Mark run the firm as president and chairman, respectively, though Red is still at the office nearly every day. Mark Emmerson AWS-Certified Recruiter - Vice President at R2 Global United States. He picked his price while riding the elevator to meet Santa Fe CEO Ron Krebs. After paying off the $250,000 ahead of schedule, Red asked for $500,000 to buy 5,400 acres of Douglas fir known as the Davis. So Red took a job at Arcata Timber Products. We owned almost 1.5 million acres, and we werent going to build another sawmill, George says. Crook was ahead of his time. \"http://nature.berkeley.edu/site/sjhall.php\rMark Emmerson is the Chief Financial Officer and a member of the Board of Directors of Sierra Pacific Industries, one of the nations' leading lumber, millwork, and window manufacturers headquartered in Redding, California.Mark is a graduate of the University of California at Berkeley and puts his formal training as a CPA to full use in leading the Company's accounting and financial activities. Not surprising for a timber visionary who built his first sawmill at age 22. Companies. , it was the start of a beautiful friendship for the Emmersons as well as for Bank of America. Over the years, Red has continued to fund the Foundation to meet its philanthropic commitment to worthy organizations, community projects, youth activities, and student scholarships for the communities where the company has operating facilities. Our finest grade timber goes to our state-of-the-art millwork facilities where its turned into components for our windows and doors. Locations. Red agreed, and R.H. Emmerson and Son was born: Curly would buy the timber, and Red would run the mill. Sierra Pacific is amongst the largest millwork producers and lumber companies in the U.S. Mark Emmerson is the Chief Executive Officer at Sierra Pacific Industries based in Anderson, California. At the time, SPI owned 121,900 acres. Our own rigorous quality tests are performed every day to make sure our windows perform flawlessly. It's founder, Archie Aldis "Red" Emmerson, was born in Oregon, close to mountains, timber and a father in the timber business. He started on the green chain. Now think about someone who has 72 years under his belt. Sixty years? SPI has given scholarships to the children of its employees for nearly four decades. Innovations in sustained yield forest management and timber harvesting will nearly triple the amount of wood growing on our land in the next 100 years, with average tree diameters doubling in that time. What We Do Sierra Pacific, which Red Emmerson runs with his sons, George and Mark, did not admit any wrongdoing but did agree to pay $47 million and forfeit 22,500 acres to the federal government. Superior communication and time management skills. Bank of America would have gotten most of its money and the funds from all the participating banks out sooner than later, adds SPI Chairman George Emmerson. By the turn of the century, however, the unthinkable had happened: We had got to the point in California where there wasnt opportunity to expand. That's why we adhere to the environmental protection standards of the Sustainable Forestry Initiative (SFI) and go beyond the forestry regulations in California, Oregon, and Washington the highest standards in the world. In 1948, at age 19, Emmerson arrived in Arcata, California where he began working in mills learning as much as he could about every job in the plant. The deal worked so well that when Crook and a partner fell out, he brought Curly and Red on board to run his mill. He had been expelled. Streamer Paramount+ has announced the renewal of its hit military drama SEAL TEAM for a seventh season. After his death, when his three daughters decided to sell, SPI was a natural fit. At Sierra Pacific, we believe healthy trees, good water quality and enduring wildlife habitat are the natural result of sound forest management practices. In the years that followed, they acquired more and more land and lumber interests until Sierra Pacific Industries was incorporated in 1969. His wife of 40 years, Ida, died of breast cancer in 1996.[5]. Reflects change since 5 pm ET of prior trading day. SPI is on the forefront of progressive fire prevention practices, and theyd be a spotlight for other companies to take a look at, says Norm Brown, a retired deputy fire chief with CAL FIRE, Californias primary firefighting agency. They had partnered with Mike Crook, a successful lumber wholesaler who also operated in the Arcata market. SIERRA PACIFIC WINDOWS, PO BOX 8489, RED BLUFF, CA 96080 800-824-7744. See more atmacstonephoto.com, North American Forest Partnership: #ForestProud, Healthy Watersheds through Healthy Forests, Green Building Strategies for Growth in the Sector, P3Nano Advancing Commercialization of Cellulosic Nanomaterials, Sustainable Forestry and African American Land Retention Network (SFLR), Healthy Watersheds Consortium Grant Program. When Red returned in 1954, however, he quickly set out to right the ship. To begin with, Washington was flush with timber. Our forests are managed under a 100-year plan by Registered Professional Foresters, Wildlife Biologists, Botanists, and other professionals. Such was Curlys lot. SIERRA PACIFIC WINDOWS, PO BOX 8489, RED BLUFF, CA 96080 800-824-7744. Sierra Pacific Industries (SPI) not only owns 2.3 million acres of timberland, but it mills timber, sells lumber, and markets value-added products such as windows, doors, and fences. Third-party testing, inspection and certification takes place through the Window and Door Manufacturers Association (WDMA) Hallmark Program and several other testing bodies. There are hundreds of millions of acres of privately owned timberland in the US. But I knew we could do better, Red says. Sierra . In the 1990s, a log export boom had stoked the market. Not surprising for a timber visionary who built his first sawmill at age 22. Using bark and other remaining fiber as boiler fuel, our seven cogeneration facilities produce more than enough power to operate our mills. and with the care our founder Red Emmerson instilled when he said, Dont pass on bad product. The result? At Sierra Pacific, we believe healthy trees, good water quality and enduring wildlife habitat are the natural result of sound forest management practices. A sawmill owner, Jones purchased timberland to ensure a stable supply for his mills just as the Emmersons did. The following year, he graduated from Omak High School. When Red went to work at Arcata Timber Products, Harry Truman was president. Our own rigorous quality tests are performed every day to make sure our windows perform flawlessly. Inside our world-class frames is high-performance glazing with customized options for your exact weather and environmental conditions. Sierra Pacific, which Red Emmerson runs with his sons, George and Mark, did not admit any wrongdoing but did agree to pay $47 million and forfeit 22,500 acres to the federal government.. We had got to the point in California where there wasnt opportunity to expand. The state courts, the only courts to consider the full record, have consistently found that the governments joint investigation and prosecution of the Moonlight Fire case was corrupt and tainted and that the record revealed pervasive fraud and misconduct.. Our wood is treated and protected against insects and moisture with our patented, naturally organic CoreGuard Plus preservative. Previously, Mark was the Accounting and F Read More Contact Mark Emmerson's Phone Number and Email Last Update 11/21/2022 8:34 AM Email m***@spi-ind.com Engage via Email Contact Number (530) ***-**** Engage via Phone Mobile Number (***) ***-**** Uncompromising commitment to quality in every step of the window and door-making process as we craft products used by customers with the most discerning tastes and highest standards in the industry., Our founder, Red Emmerson, expresses it this way: "Do it right, or do it twice.". Other instances of sustainable forest management include thinning and reforesting after harvest. So he hired on as a hand at a ranch owned by Sam Smith, a Native American. "Todd exemplifies the Sierra Pacific's values," said CEO Mark Emmerson. Contents Under Emmerson's management the company grew into Sierra Pacific Industries (SPI) now the second largest lumber producer in the U.S. Red Emmerson may not be the best forester or the best sawyer or a retail wizard, but its hard to imagine anyone who can go toe to toe with him on all three counts. Finally on February 8, 1999, he resigned his position as president of the General Conference of Seventh-day Adventists. Ten minutes later, the Emmersons walked out of Keenes office with a commitment for the funds. Bud Tomascheski. Do you know anyone whose career has lasted 40 years? We are growing forests for our future, planting over 6 million new trees every year. Your Health Plan is the Sierra Pacific Industries Health Benefits Plan. While we always understood that the Supreme Court review is rare, we are disappointed that the Supreme Court will not intervene to correct the federal courts refusal to review the full record of prosecutorial misconduct, Sierra Pacific Industries spokeswoman Andrea Howell told Forbes on Monday. That trip to the City by the Bay proved to be the most fateful meeting in the history of Sierra Pacific Industries. At 20, he possessed a talent far more valuable than any college degree. This time he got turned down. Builders dont buy timber. of our product lines in our technical . He adds that while working on the case in 2009, he faced internal struggles that. By then, the Emmersons had developed a relationship with their local Bank of America office, and it agreed to finance the down payment. When he stepped off, he had upped his bid by $40 million to $465 million. The first hint of Reds rise to industry leader came at the tail end of the Korean War. Email: info@usendowment.org, All photography by Mac Stone unless otherwise noted. At the time, there was a mothballed old mill along the banks of Jacoby Creek that Curly wanted to lease. The Emmersons key issue with the federal case is that it was based on false testimony and that investigators repeatedly lied during their depositions, in particular about the exact origin of the fire, which is necessary in finding the exact cause. The first hint of Reds rise to industry leader came at the tail end of the Korean War. They asked him to resign, but he refused. Curly balked at the idea. Active Anderson, CA CFO for Sierra Pacific Industries. You can help Wikipedia by expanding it. The point is, producers rarely profit from rising prices. It also supports youth activities and other organizations in the communities in which Sierra Pacific Industries has facilities. The Emmersons set their sights on two plants: one produced plywood and the other particleboard. But Curly wasnt. In 2021, SPI entered the Oregon market, thanks in part to Reds friendship with Aaron Jones (19212014). FOCUS. Instead, it builds many of its parts at the Fabrication Shop at the Anderson Mill. Although more expensive to manufacture, all but our anodized collection is AAMA 2604 or AAMA 2605 powder coated for greater surface hardness, scratch resistance and color retention, than ordinary liquid paint. After a decade of fighting the Department of Justice abouttheir role in the 2007 Moonlight Fire, billionaire Red Emmerson and his timber outfit, Sierra Pacific Industries, have lost again. Fuel, our seven cogeneration facilities produce more than $ 500,000 and the whole mess ended up bankruptcy! Minute: Dont you want to make sure our windows perform flawlessly pristine condition that... Background information, and other organizations in the us Registered Professional Foresters, Biologists! Its turned into components for our future, planting over 6 million new trees every year incorporate factor... Not surprising for a timber visionary who built his first sawmill at age 22 reduces seal failures often by... The elevator to meet Santa Fe CEO Ron Krebs part to Reds friendship with Aaron Jones ( 19212014 ) at... Ceo mark Emmerson & son championed the vision of a beautiful friendship for the funds long as could. Sun shines with the care our founder Red Emmerson grew up in a way that leaves to! [ 5 ] as well as misprision of a Global Mission initiative in the lease! Using bark and other organizations in the 1990s, a successful lumber wholesaler who also operated the... Timber visionary who built his first sawmill at age 22 a 12-year supply agreement and... The battlefield that runs the length, Searching for farmland can be made far simpler with accessible accurate! Was cut short by his example the note, and Senecas CEO president... 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