Board of Directors

Troy Meier

- Co-Founder

- Chief Executive Officer

- Chairman of the Board

Mr. Meier has over 43 years of experience in the oil and gas industry, including 13 years at Baker Hughes. Since the inception of the company in 1999, Mr. Meier has spearheaded the development of our new manufacturing business as well as our research and development activities.

As our chief innovator, Mr. Meier has been responsible for not only inventing, but also designing, engineering and manufacturing industry specific machinery and processes and has several patent applications pending.

Previously, in 1993, Mr. Meier started SDPI’s predecessor, Rocky Mountain Diamond, after thirteen years with Christensen Diamond and its successors.

Annette Meier

- Co-Founder

- Chief Operating Officer

- President

- Director

Ms. Meier has over 28 years of experience in the oil and gas industry. Since SDPI’s inception in 1999, Ms. Meier has managed all the company’s day-to-day operations and business. In 2008, Ms. Meier envisioned and co-created “CHUCK,” our custom shop management and inventory program software. Ms. Meier was also instrumental to the development of the “nucleus grinding system,” that is currently utilized in our new manufacturing processes.

In 2005, Ms. Meier served as the creator and chief architect of the Ropers Business Park, the state-of-the-art campus that houses our remanufacturing and new manufacturing facilities in Vernal, Utah.

Previously, in 1993, Ms. Meier co-founded and managed SDPI’s predecessor, Rocky Mountain Diamond. Ms. Meier has been the recipient of numerous state, local and industry awards over the years that recognized her for innovation and leadership.

Jim Lines

- Independent Director

- Audit Committee Chair

- Nominating & Corporate Governance Member

- Compensation Member

Mr. Lines, served as President and Chief Executive Officer of Graham Corporation (NYSE: GHM) from January 2008 through his retirement in August 2021. Graham designs, manufactures, and sells critical equipment for the energy, defense, and chemical/petrochemical industries. Mr. Lines served Graham in various capacities starting in 1984, including President, Chief Operating Officer, Vice President and General Manager, Vice President of Engineering, and Vice President of Sales and Marketing. Prior to joining its management team, he served Graham as an application engineer and sales engineer as well as a product supervisor. Mr. Lines holds a B.S. in Aerospace Engineering from the State University of New York at Buffalo.

Mr. Lines was selected by the Board of Directors as a nominee due to his extensive experience in growing a midsize business, as well as his backgorund in manufacturing and engineering in the energy industry.

Michael Ronca

- Independent Director

- Audit Committee Member

- Nominating & Corporate Governance Chair

- Compensation Member

Mr. Ronca is a seasoned oil and gas executive with over 38 years experience in building businesses. Prior to his current position as CEO and President of EagleRidge Energy he has been involved in growing companies in preparation for a monetization event. His past experiences include being the founder of an oil and gas division of Tenneco Inc., called Tenneco Ventures. He later acquired it through a management led buyout and took it public on the NYSE, under the name Domain Energy, where he served as CEO. Several years later Ronca merged Domain Energy with Lomak Petroleum creating Range Resources where he served as COO.

Michael has a Bachelor of Science degree from Villanova University and a Masters in Business Administration from Drexel University.

Robert Iversen

- Independent Director

- Audit Committee Member

- Nominating & Corporate Governance Member

- Compensation Chair

Mr. Iversen has broad executive and operational management experience in the sales, service, and manufacturing sectors of the global upstream oil and gas industry. Currently a partner and president of CTI Energy Services, LLC of Springtown, Texas, a drilling services company he started in 2011, Mr. Iversen has strong experience in the development and commercialization of new technology products and in-company marketing and advertising programs.

Previously, Mr. Iversen collaborated with Troy Meier as a partner and senior vice president in Tronco Energy Services from 2008 – 2011. From 2002 to 2008, he served as President and other C-level positions with Ulterra Drilling Technologies (Fort Worth, Texas), INRG (Houston, Texas), and NQL Energy Services (Nisku, Alberta). In 1994, Mr. Iverson and partners purchased the U.S. division of DBS Stratabit, a small, underperforming diamond bit company, where, as President until 2002, he built it into a top tier provider of high technology products. Mr. Iversen previously held numerous executive positions in marketing, technology and engineering at various divisions of the Baker Hughes companies, and their predecessors, from 1980 through 1994.

Mr. Iversen holds a Bachelor of Science Petroleum Engineering, Montana Tech, as well as numerous technical and executive post-graduate certifications.