Enefit’s Utah Team

Stuart A. Rose

Board Member, Enefit

Mr. Rose is President, CEO and Chairman of the Board of Rex Stores Corporation (NYSE) and a significant investor in alternative fuels production facilities.


Ambassador Michael C. Polt

Board Member, Enefit

Ambassador Polt is a board member for Enefit American Oil. A former U.S. Ambassador to the Republic of Estonia from 2009 to 2012, Ambassador Polt has 35 years as a career diplomat.


Hando Sutter

Chairman, EAO Board

Mr. Sutter serves as the Chairman of the Board for EAO and Chief Executive Officer for Enefit. Prior to that he was the Regional Manager for Estonia, Latvia, Lithuania and Russia for Nord Pool Spot AS and Development Advisor of US invest AS.


Ryan Clerico, CEP

Chief Executive Officer, Enefit

Mr. Clerico directs the business activities of Enefit American Oil from the company’s head office in Salt Lake City. With more than 20 years’ experience in planning, design, permitting, and execution of major capital projects in the mining, energy, and infrastructure industries, he leads Enefit’s development efforts in the United States, as well as contributes to the company’s expanding international oil shale development interests. Mr. Clerico is a Certified Environmental Professional with demonstrated success gaining major approvals at the federal, state, and local government levels for complex projects while ensuring continued stakeholder support.


Tarvi Thomberg

CEO, Enefit Outotech Technology

Mr. Thomberg serves as the Chief Executive Officer for Enefit Outotech Technology and responsible for oil shale based oil and electricity business line and Enefit technology in Enefit Group.


Henri Kersna

Applied Geologist, Enefit

Mr. Kersna is an Enefit applied geologist with comprehensive experience in the field in the U.S., Estonia and other countries. He holds a master’s degree in geology and is in the progress of acquiring a master’s degree in business administration.