Meet The Board and Leadership.
Tom Esselman, Secretary and Treasurer
Principal, LPI, Inc., Chair Emeritus, Great Lakes Energy Institute, Case Western Reserve University, School of Engineering
Dr. Esselman has over 40 years of experience in energy generation and distribution: in engineering management, technology development, and the startup and operation of companies and associations. He has worked in industry and academia around the world in the field of electricity produced by nuclear fuel, fossil fuels, solar sources, biomass-combustion, biomass-gasification, and the incineration of wastes.
He is a Principal in LPI, Inc., a New York based engineering consulting company. He was formerly the President of Altran Corporation, an engineering consulting firm that he founded in 1986. Dr. Esselman started his career and spent 15 years with Westinghouse Electric Corporation’s nuclear-power division.
Dr. Esselman specializes in energy generation and distribution, including large-power production, renewables, and the distribution grid for the electrification of large cities. He cofounded an association of utilities from the largest cities around the world to share best practices for the safe and reliable delivery of electricity and for the migration of design and operating practices to accommodate the changes that are inevitable in the megacities. The participating utilities operate in New York, Chicago, Paris, London, Tokyo, Osaka, Shanghai, Hong Kong, and Sydney.
He also consults to a number of companies on electrical generation and deployment, electric-infrastructure strategy, reliability, and safety enhancement.
Dr. Esselman was a Lecturer at Harvard University. He co-developed and taught “Innovation in Engineering and Science,” which has been offered annually at Harvard since 2002. The same course has been presented in France. Dr. Esselman has given lectures on innovation in the United States, Ireland, Belgium, the Netherlands, France, the United Kingdom, and Japan.
He was a Member of the Board of Overseers at Case Western Reserve University and was the Chairman of Visiting Committee for Student Affairs. He was Director and Member of the Scientific Advisory Board of Medicine in Need (MEND), a non-profit company founded by faculty and students at Harvard University. He was also Chairman of the Great Lakes Energy Institute Advisory Board. While with the Great Lakes Energy Institute, he formed the Tri-State University Energy (TrUE) Alliance comprised of Case, Carnegie Mellon, Pitt, and WVU.
Dr. Esselman is currently working with the Tri-State Shale Coalition in Ohio, Pennsylvania, and West Virginia, an organization focused on economic development in that region. He Co-Directs a pathway on Research, Innovation, and Commercialization is the three states.
Dr. Esselman has a Ph.D. in Engineering from Case Western Reserve University and an M.B.A. from the University of Pittsburgh. He has authored or co-authored more than ninety publications.
Pat Getty, President
William P. Getty retired as President of the Claude Worthington Benedum Foundation on October 15, 2018. The Benedum Foundation serves West Virginia, southwestern Pennsylvania, and the multi-state economic region centered on Pittsburgh.
Mr. Getty’s career at Benedum included endeavors consistent with the Foundation’s regional focus. He continues as a member of the implementation committee of the Tri-State Shale Coalition, created by agreement among the Governors of West Virginia, Ohio and Pennsylvania in 2015, which seeks to optimize economic development pertaining to shale gas, including downstream modern manufacturing. From its inception in 2006, Mr. Getty was a leader of Power of 32, a 32-county, four-state visioning and development project in the economic region centered on Pittsburgh.
Mr. Getty serves on the Boards of: The West Virginia High Technology Foundation; Vibrant Pittsburgh, which seeks to attract, retain, and elevate skilled and diverse talent to the region; and the Allegheny County Parks Foundation. He serves as well on the Steering Committee of West Virginia Forward, the Governor’s Advisory Council on Rural Affairs in Pennsylvania, and the Advisory Board of Pittsburgh Regional Indicators, which produces the PittsburghTODAY.org data site. He is a Fellow of the University of Pittsburgh’s Institute of Politics.
He was a Board member of the Allegheny Conference on Community Development until his retirement, was a founding Board member and past Chair of the Fund for the Advancement of the Minorities Through Education (FAME), is an Emeritus Trustee and past Chair of Shady Side Academy, and is a past Board member and Chair of the Boys and Girls Clubs of Western Pennsylvania, a past Board member of the Technology Collaborative and of LEAD Pittsburgh, and a past member of the West Virginia Jobs Cabinet and the Advisory Board of the West Virginia Teacher Quality Initiative.
A native Pittsburgher, Mr. Getty is a graduate of Trinity College and Georgetown University Law School. He had practiced law since 1970 with the Pittsburgh firm of Meyer, Unkovic & Scott prior to becoming President of the Benedum Foundation on January 1, 1999.
Rich DiClaudio, Assistant Secretary
President and CEO, Energy Innovation Center Institute; Managing Director and CEO, Bedford Funds, LP; Managing Chairman, the Critical Infrastructure Workforce Academy
Over the last 35 years, Rich has been involved in all aspects of energy and technology focused private equity investing and management and leadership. Currently, CEO of the Bedford Funds, LP and also CEO of The Energy Innovation Center Institute, Rich began his career at the Hillman Company, the investing arm of the Hillman Family Office. During his 17+ years there he rose to run the Hillman Energy Group as its senior officer and board member. In 2004, Rich co-founded and ran an independent energy-focused private equity fund headquartered in Houston, TX. This company invested in energy and related technology companies and assets for a select group of investors including high-net worth family offices, pension funds, endowments, and lifeco’s, such as Princeton University, Posner Family, AEGON, a California Retirement Pension and others. He served as its President and CEO for his entire 13-year tenure.
More recently, Rich has been President and CEO of the Energy Innovation Center Institute (“EICI”), a Pittsburgh based 501.c.3 organization, where he had been a founding board member and officer since its inception in 2014. www.eicipgh.com.
The EICI’s mission is to help transform how people learn, work, and power ourselves in sustainable ways for the 21st Century economy. Under Rich’s leadership the EICI has grown to become a key anchor in the heart of Pittsburgh’s Innovation District and globally recognized for its innovation in energy technology, adaptive reuse of established commercial buildings, smart building technologies and ground-breaking corporate-lead workforce development programs focusing on those with large barriers to workforce entry. The EICI is also an internationally recognized conveying authority that helps drive pioneering dialogue and advancement in mission aligned environmental, social and governance (“ESG”) principals through its curated events and conferences (averaging about 15,000 attendees per year). The energy ecosystem of companies, universities, government agencies and mission aligned non-profits that the EICI helped assemble under one roof has made it a national leader in successfully deploying public/private development strategies in economically distressed neighborhoods, many of which are now designated as Opportunity Zones. This ecosystem has been capitalized with over $118 million to date. The EICI is the fiscal agent and affiliate of In2Market
In 2019, Rich co-founded the Bedford Funds, LP, along with several members of the senior management of the Posner Family Office and other private equity and technology executives. www.bedfordfunds.com Bedford is pursuing a unique blended operating and technology company investment strategy that targets Opportunity Zones throughout the United States. The Fund has a multi-sector investment focus, with the goals of achieving attractive risk-adjusted rates of return and wealth creation for both its investors and within the neighborhoods Bedford invests nationally. Built on a foundation of highest ethical standards and trust, Bedford strives in its commitment to excellence, transparency, and wealth creation, proving that investors can do well and do good.
Over his career, Rich has overseen approximately $940.0 million of Assets Under Management (“AUM”) in various positions of leadership, at various family offices, funds, and endowments. In those positions Rich has built, developed, and exited multiple private equity portfolios on average generating competitive realized returns. When included in aggregate with Bedford’s other managing directors the Bedford team has directed over $2.8 billion in AUM while achieving strong investor returns.
Rich serves on the board of several companies and organizations, typically in positions of leadership. Among his several awards and honors, he has been recognized as an Alumni of Distinction at Saint Vincent College, where he serves on its board’s Executive Committee, was awarded the Pittsburgh CEO of the year in 2018, Pittsburgh top 100 most influential people in 2020, and has been recognized as a distinguished Founding Chapter President for Legatus, an international organization of high-net-worth Catholic business leaders with over 50,000 members world-wide. He is a frequent keynote speaker and panelist at private equity and energy technology conferences and a routine guest lecturer at universities around the country. He is married to his wife Carole for 36 years and together, they have two adult children, a son-in-law, and granddaughter all living in the Pittsburgh area.