Team

Management Team

Interim CEO
Clyde Tuggle is a Partner and Co-Founder of Pine Island Capital Partners. He previously spent 30 years at the Coca-Cola Company where he was a member of Coca-Cola’s Executive Committee and managed the company’s corporate productivity activity. Clyde held multiple senior management roles and was most recently Senior Vice President and Chief Public Affairs and Communications Officer, where he managed Coca-Cola’s global public affairs and reported directly to the Chairman and CEO.
He was also President of the Russia, Ukraine and Belarus Division, Senior Vice President of Worldwide Public Affairs and Communication, Deputy Division President of Central Europe and Executive Assistant (chief of staff) to former CEO Roberto C. Goizueta.
Clyde currently serves as a Member of the Board of Directors at the Georgia Power Company and at Oxford Industries, Inc. He earned his BA from Hamilton College and a masters from Yale University; he also studied at the Ludwig-Maximillian Universität in Munich, Germany and the University of Virginia’s Darden Business School.
Chief Transition Officer
Arian Omid is a Vice President at Pine Island Capital Partners. He previously served as a Vice President in the principal investing division of Macquarie Group where he was responsible for the sourcing and execution of investment opportunities across the capital structure in a variety of industries.
Prior to that, he spent two years at Coady Diemar Partners as an investment banking analyst where he focused on mergers and acquisitions, capital raising, and project finance advisory in the power and renewables sectors. Omid earned a Masters of Management graduate degree at Duke University’s Fuqua School of Business. He holds a Bachelor of Electrical Engineering from the University of Toronto. He is also a CFA chartholder.
Vice President,
Strategy, Sales, and Marketing
Concordia University, B.A. Political Science
Andrea is the Vice President of Strategy, Sales and Marketing for InVeris Training Solutions. She has 20+ years of experience in the simulation defense industry. Andrea joined the FATS Quebec office in 1998 and has worked in many capacities while at the company.
Upon joining FATS, she worked in the Business Development department. In 1999, she was promoted to Director of Marketing and Business Development and was again promoted in 2003 to General Manager of the Montreal facility. She transferred to the Suwanee headquarters in 2004 and has led both Proposals and Programs Departments. Her key accounts have included Canadian and Italian Military Systems. Andrea was promoted to President of Meggitt Training Systems, Quebec in early 2015. She returned to Suwanee headquarters in mid-2016 and serves in her current position responsible for both the Live Fire and Virtual businesses. After graduating from university, Andrea worked as a Commercial Attaché for the Taiwan External Trade Development Council (TAITRA) and consulted on Canadian/Asian technology joint ventures.
Vice President, Finance
Wright State University, M.B.A.
In Spring 2018, Andrew Dornan joined the company as Vice President of Finance. Andrew’s responsibilities include full Profit & Loss for InVeris Training Solutions, as well as its four (4) international subsidiaries spread across the globe. Andrew started his career as a civilian finance analyst working for the Department of Defense Air Force Acquisitions Headquarters.
He transitioned into the broader aerospace and defense industry where he spent 10 years with Raytheon and 5 years with L3 Technologies. Through the course of his career, Andrew has risen through the finance ranks covering all aspects of finance, accounting, and government accounting. His experience includes Federal Acquisition Regulation, Cost Accounting Standards, Earned Value Management; Project based financials, International Finance (UK), and P&L / Balance Sheet management.
Vice President, Operations
Kelly serves as the Vice President of Operations for InVeris Training Solutions. She has been a member of the Operations Team since 1996. During her tenure with the company, Kelly has held various positions, including Senior Buyer, Enterprise Resource Planning (ERP) Manager, Materials Manager, Director of Materials, Director of Supply Chain for the Meggitt Equipment & Energy Division, and her current position as Vice President of Operations.
Her team has had successes in executing record breaking quarterly production deliverables in short turnaround, inventory reduction, and successful implementation of the Company Production System.
Vice President, Engineering
Massachusetts Institute of Technology (MIT), B.S. Computer Science and Engineering;
Massachusetts Institute of Technology (MIT), M.E. Electrical Engineering & Computer Science
Jim is the InVeris Vice President of Engineering and oversees all engineering work associated with virtual and live fire training systems. He has over 20 years of experience in the simulation industry and has served in various capacities after joining the company in 1996.
In his seven (7) years as the Director of Software Engineering, Jim migrated the department to more agile development methodologies. In his role as engineering lead, he helped design and develop the Singapore Police Coast Guard Integrated Tactical Training Center (ITTC) during the three-year project. The ITTC is a large training simulator combining computer graphics simulation, motion platforms, bridge simulation, boat hydrodynamics, and weapons simulation to help the PCG train their students in correct boat handling, communications, and weapon handling.
Jim also served as lead engineer focused on computer graphics in multiple small arms training simulators for Firearms Training Systems (FATS) prior to FATS being acquired by Meggitt. These simulators were used by the USMC, U.S. Army, UK MoD, ADF and others. Prior to his employment with the company, Jim worked for Charles Stark Draper Laboratories (1993-1996) on software control systems for the International Space Station.

Board of Directors

Chairman
Saxby Chambliss is a Partner with Pine Island Capital Partners. He served as the U.S. Senator from Georgia from 2003 to 2015; before that, he served as U.S. Representative from Georgia from 1995 to 2003. During his tenure in the Senate, Saxby served as a member of the Senate Armed Services Committee, the Senate Committee on Agriculture, Nutrition and Forestry and the Senate Rules Committee. He served as Vice Chairman on the Senate Select Committee on Intelligence from 2011 to 2014. Saxby earned his BA from the University of Georgia and a JD from the University of Tennessee College of Law.
Director
Olof Bergqvist is a Managing Director of Bain Capital in New York City. An experienced credit and private equity investor, Olof has been with Bain for six years. Prior to that, he was with J.P. Morgan for 14 years, most recently serving as Managing Director and North American Head of J.P. Morgan Mezzanine Capital, a $2 billion vehicle that makes principal debt and equity investments in small and mid-sized companies using J.P. Morgan’s balance sheet. Olof has a M.B.A., Finance from New York University – Leonard N. Stern School of Business and a B.S., Industrial and Manufacturing Engineering from Pennsylvania State University.
Director
Lucas Evans is a Partner with Pine Island Capital Partners. He previously served as a Principal in the Private Equity Group at Ares Management, a leading global alternative asset manager with $121 billion under management. Prior to joining Ares, Evans spent nine years as a Partner and Senior Vice President at NRDC Equity Partners and its successor, the Hudson’s Bay Company, where he led all mergers and acquisitions, capital markets, treasury and investor relations activities. During his tenure, Evans played an instrumental role in growing the company from a small family office to a multi-national retail and real estate conglomerate. Evans holds a B.S. in Finance from Georgetown University, an MPS in Real Estate from Cornell University, and an MBA from INSEAD.
Director
David Horowitz is a Partner with Pine Island Capital Partners and has over 15 years of experience investing in middle market companies. David previously served as a Managing Director in the principal investing division of Macquarie Group, where he was responsible for sourcing, structuring, underwriting and monitoring investments across the capital structure. Prior to Macquarie, he spent almost a decade in the Goldman Sachs Special Situations Group where he was a founding member of the Private Capital Investing team.
He has been responsible for providing capital to mid-sized companies to help them meet their growth and liquidity needs and has invested in or served on the boards of Datapipe, LifeLock, ECi Software, iWeb, ORBCOMM and other successful businesses. Horowitz is a graduate of the Pennsylvania State University’s Schreyer Honors College and Smeal College of Business, where he currently serves on the Executive Committee of the Schreyer Alumni Society Board. He is a CFA charterholder.
Director
Mark Radin is a Senior Managing Director at Delaware Life Insurance Company, based in New York City. As a member of Delaware’s Investments Team, Mark spearheads the firm’s Capital Markets and Credit Origination activities and is responsible for the sourcing and structuring of private credit investments. Mark has over 25 years of experience in credit investing, leveraged finance and capital markets. Prior to Delaware, Mark held positions at Guggenheim Partners, J.P. Morgan and Deutsche Bank. Mark has a B.A. in Political Economy from Williams College in Massachusetts and a M.B.A. from the Columbia Business School in New York.
Director
Clyde Tuggle is a Partner and Co-Founder of Pine Island Capital Partners. He previously spent 30 years at the Coca-Cola Company where he was a member of Coca-Cola’s Executive Committee and managed the company’s corporate productivity activity. Clyde held multiple senior management roles and was most recently Senior Vice President and Chief Public Affairs and Communications Officer, where he managed Coca-Cola’s global public affairs and reported directly to the Chairman and CEO.
He was also President of the Russia, Ukraine and Belarus Division, Senior Vice President of Worldwide Public Affairs and Communication, Deputy Division President of Central Europe and Executive Assistant (chief of staff) to former CEO Roberto C. Goizueta. Clyde currently serves as a Member of the Board of Directors at the Georgia Power Company and at Oxford Industries, Inc. He earned his BA from Hamilton College and a masters from Yale University; he also studied at the Ludwig-Maximillian Universität in Munich, Germany and the University of Virginia’s Darden Business School.

Pine Island Capital Partners

Meggitt Training Systems was acquired by Pine Island Capital Partners in July 2020. Pine Island consists of an experienced investment team, combined with a group of deeply-connected and accomplished former senior government and military officials. Each of the D.C. partners teams with the investment professionals to actively participate in sourcing deals, conducting analyses, winning bids, closing transactions, and directly advising the companies in which Pine Island invests. Extensive leadership, investing, and networking expertise of the Pine Island partner’s enables the firm to employ a differentiated approach to middle market investing. To learn more, visit PineIslandCP.com.