Board

The Board of Rubicon consists of six directors:

  • Stephen Kasnet (Chairman)
  • Hugh Fletcher
  • Bill Hasler
  • George Karaplis
  • David Knott (who has a 28.28% relevant ownership interest in Rubicon)*
  • Luke Moriarty (Chief Executive Officer)
  • Ranjan Tandon (who has a 17.64% relevant ownership interest in Rubicon)

* David Knott Jr is David Knott's alternate.

Biographies of the Rubicon Board of Directors 

Steve Kasnet

Director and Chairman

Steve is CEO of Calypso Management LLC, Trustee of Governors Academy, President of Ocean Manchester Corporation, Chairman of Tenon Limited, and a Director of ArborGen Inc, First Ipswich Bank, Two Harbors Investment Corp, Goodbulk Limited, and Granite Point Mortgage Trust.

He is a former President and CEO of Raymond Property Company and Dartmouth Street Capital, which are real estate companies engaged in the acquisition, development, renovation, ownership and management of residential and commercial real estate in the Boston area. Prior to this he was President and CEO of Harbor Global Company Limited, which maintained the largest real estate investment fund in Russia and owned and managed one of Russia’s leading asset management and mutual fund complexes.

 

Hugh Fletcher

Director

Hugh is Chairman of IAG (New Zealand) Holdings Limited and IAG (New Zealand) Limited, and a Director of Insurance Australia Group Limited and Fletcher Brothers Limited.

He is also a Trustee of The University of Auckland Foundation, the Dilworth Trust, The Fletcher Trust, JMC Fletcher Family Trust and The New Zealand Portrait Gallery, and a member of the Asia Pacific Committee of the Trilateral Commission, and the Advisory Committee of the Knox Investment Partners Fund IV.

Hugh has broad pastoral farming interests. His executive experience includes six years as Managing Director and Chief Operating Officer of Fletcher Challenge Limited, before he became CEO from 1987–1997.

 

Bill Hasler

Director

Bill is former Vice Chairman and Board Director of KPMG Peat Marwick, a position he held from 1984–1991 after being responsible for KPMG’s western US operations from 1984–1986, and subsequently heading their worldwide management consulting practice from 1986–1991.

Upon leaving KPMG, Bill became Dean and Departmental Chair of the Haas School of Business at the University of California in Berkeley. He held this position from 1991–1998, and continues today as Dean Emeritus.

In addition, Bill is a Director of Globalstar Inc, Inside Track Inc, Aviat Networks, BoardVantage and ETwater Inc. He is also a consultant to, and investor in several private technology companies.

 

George Karaplis

Director

George has over 35 years of experience building and growing shareholder value and has a proven track record in high growth companies.

He is a Director of Tenon Limited, and he has previously led France Telecom’s Global One business in Greece as Managing Director and was Deputy Chairman of Netia, a Polish integrated telecom services and media solutions company. He also acted as Chief Financial Officer and General Manager of International Investments for the Hellenic Telecommunications Organisation.

Prior to that George held a number of management positions in Canada and Europe. He has relevant experience in the forestry and wood products industry including with Domtar, a Canadian Paper and Forest Product producer.

 

David Knott

Director

David is the Chief Executive Offi cer, Chief Investment Manager and Managing Partner of Knott Partners who, with associated entities, is Rubicon’s largest shareholder. He has served as Chief Investment Manager of Knott Partners since 1987, and prior to this he was a General Partner and analyst at Mandrakos Associates.

David currently serves on the board of Directors of Paramount Resources and Ligand Pharmaceuticals, Inc. He is also a Director of Boy’s and Girl’s Harbor and Say Yes to Education, and the Undergraduate Financial Aid at the University of Pennsylvania.

 

David Knott Jnr*

Alternate Director*

David is the Co-Chief Executive Officer, Co-Chief Investment Manager and Co-Managing Partner of Knott Partners who, with associated entities, is Rubicon’s largest shareholder. He has served as Co-Chief Investment Manager of Knott Partners since March 2017. David is on the Advisory Board of The HiGro Group, LLC.

 

Luke Moriarty

Chief Executive Officer and Director

Luke has a strong background in business and commercial transactions, both in New Zealand and North America. His fi nancial experience has included extensive international business valuation, acquisition, divestment and joint venture analysis and negotiation, and structuring and execution in multi-billion dollar transactions – ranging from minority buyouts to trade sales and IPOs.

He joined the Fletcher Challenge Executive Office in 1999, and in 2000 was instrumental in the structuring of the financial separation of the Fletcher Challenge Group, including the establishment of Tenon (then Fletcher Challenge Forests) and the formation of Rubicon in 2001.

Luke is a Director and the CEO of Rubicon, the Chairman of Tenon Limited, and a Director of ArborGen Inc. He is also a Monetary Policy Advisor to the Governor of the Reserve Bank of New Zealand.

 

Ranjan Tandon

Director

Ranjan is Founder and Managing Member of Libra Advisors LLC (Libra), which holds a 17.7% interest in Rubicon. Libra had assets of $2.5 billion and invested in domestic and emerging market equities prior to conversion to a family office in 2012. He previously served as Sr Management Trainee with DCM in India, CFO of an LBO, InterMarine Incorporated, Houston and as a VP with Merrill Lynch prior to establishing Libra in 1990.

Ranjan is also a Board Member of the NYU Tandon Engineering School, the Carl Schurz Park Conservancy and has endowed Faculty Chairs at the Harvard Business School and Yale University.  He is also a Director of a listed Stockholm Company, Vostok Emerging Finance (VEF), which invests in early and growth stage fintech companies across emerging markets.