Executive Management

Philip V. Adams, President and Chief Executive Officer

Mr. Adams is responsible for setting the strategic direction of World Energy and managing its successful execution across the business. Since 2003, when he was named COO of the Company, he has played a key role in overseeing corporate strategy, operations, marketing, investor relations, direct and channel sales, finance, IT and human resource functions.

During his tenure at the Company, Mr. Adams has been instrumental in achieving several notable milestones, including: taking World Energy public in 2006; overseeing the acquisition of EnergyGateway in 2007; negotiating the RGGI contract in 2008; listing the Company on the NASDAQ in 2009; launching the Company’s Demand Response services in 2010; and, most recently, spearheading the acquisition of three companies in late 2011 – the energy procurement business of Co-Exprise; Northeast Energy Solutions; and GSE Consulting – which have respectively cemented the Company’s leadership position in the energy auction space, driven the Company’s entrance into the fast growing mid-market segment and added new capabilities in energy efficiency.

Mr. Adams became President of the Company in 2007 and was named President & CEO in 2012. Prior to World Energy, he held senior executive roles in sales, marketing and product management at several major software and internet companies. Phil also spent four years in strategy consulting at Corporate Decisions (now Mercer Consulting). He holds a BA in Economics from Williams College and an MS from MIT’s Sloan School of Management.

James F. Parslow, Chief Financial Officer

Jim is responsible for the Company’s financial strategy, as well as its day-to-day accounting operations. He is a Certified Public Accountant in Massachusetts with more than 20 years experience serving private and public companies in the alternative energy, online auction, and high tech manufacturing industries. Prior to joining World Energy, Jim was treasurer and CFO of Spire Corporation (NASDAQ: SPIR), a global solar company. He began his career at a major public accounting firm and served in several finance positions, including vice president of finance and administration, at public subsidiaries of Thermo Fisher Scientific, Inc. (NYSE: TMO), a $10 billion global instrumentation company. Jim holds an AB in Economics/Accounting from the College of the Holy Cross and an MBA with a concentration in Finance from Bentley College.