Eldon Klaassen
Chief Executive Officer

Eldon Klaassen is the CEO of Allegro Development, which he founded in 1984. Since the company’s inception, Mr. Klaassen has spearheaded the development of Allegro’s leading, multi-commodity energy trading and risk management solutions. The company’s leadership has been widely recognized, including ranking in the Leader’s Quadrant in the 2011 Gartner report, “Magic Quadrant for Energy Trading and Risk Management Platforms,” and receiving #1 rankings in the 2011 Energy Risk Software Survey for both Ease of Use & Customer Support.

Under Mr. Klaassen’s leadership, Allegro has delivered the most advanced technology, services, support and education to drive value and profitability for its global customer base. The Allegro 8 platform offers functionality across front, middle, and back offices for optimal decision making and improved business process efficiency. With comprehensive management of risk, physical logistics, settlement, and compliance on a single, integrated platform, Allegro provides the most innovative solution available in the ETRM market space.

Mike Pehl

Mike Pehl has been a member of Allegro's board of directors since January 2008. A Managing General Partner at North Bridge Growth Equity, a leading private equity firm which invests in technology and technology-enabled companies, Mr. Pehl has deep growth equity experience as both an investor and an operator. He has served on the boards of 14 private and public technology companies. Mr. Pehl was formerly CEO of i-Cube, COO of Razorfish, the founder and CEO of ICS (an SAP implementation business), and co-founder of SAP America.

Bob Forlenza

Bob Forlenza joined Allegro Board of Directors in January 2010. He founded Tudor Ventures in 1995. Prior to Tudor, Mr. Forlenza was a Vice President at the Boston based LBO firm, Carlisle Capital. He also served as CEO of a start-up software company and as a management consultant at Bain & Company.

Mr. Forlenza brings over 15 years of investing and operating experience to the board, and has focused mostly on IT infrastructure, enterprise software and business services. He serves on the Board of Directors of Conversion Services International (formerly Evoke Software), Aspect Ratio, Integrated Development Enterprise, and Intelligrated, Inc. He previously served as a director of Art Technology Group (NASDAQ: ARTG), Interactive Video Technologies, Enherent (OTC:ENHT), and Classic Sports Network (Disney).

Patrich Simpkins

Patrich Simpkins, a 22 year veteran of energy and technology, joined Allegro’s Board of Directors in June 2009. Simpkins is currently a managing partner for GPS Capital Partners, an energy focused investment banking and advisory firm. He also serves as a board member and advisor for several firms spanning energy, clean-tech and software. Simpkins vast experience as a senior executive in energy companies extends from strategy, finance and risk management to operations. Simpkins was previously a senior executive with TXU, Duke Energy and Louis-Dreyfus and has co-founded and built several successful businesses, including an energy services and commodity management firm, an energy and technology focused financial firm and a SaaS software organization.

Ray Hood

Ray Hood joined Allegro’s Board of Directors in January 2010.  Mr. Hood has over 20 years of experience as the chief executive of technology companies and brings vast sales, technology and financial skills to his role on the board.  He is currently President and CEO of Qumu, a Board Member at One Network Enterprises and a Member of the Executive Board at the School of Engineering at Southern Methodist University. In the past, Mr. Hood held such positions as Founder and Managing Partner at Rodin Management LLP, President & CEO at SensorLogic Inc., and as a Board Member at TeleDoc (Cyber Medical Systems).