C. John Wilder is the Executive Chairman and member of the Investment Committee of three investment vehicles: (i) Bluescape Resources Company; (ii) Parallel Resource Partners; (iii) and Bluescape Energy Partners. Wilder serves as Chairman of the Board and Director on several portfolio companies. Wilder also serves as Director of NRG Energy (NSYE: NRG) and served as Chairman of the NRG Business Review Committee that was responsible for a full-scale performance review and strategic repositioning of NRG that resulted in over $5 billion of value creation.
During more than ten years as a private investor, Wilder has executed 25 major private equity investments totaling $1.7 billion of risk equity across three institutional platforms. As Executive Chairman of Bluescape Energy Partners, Wilder led more than $500 million of transactions across 10 investments in both the E&P and Power space. In aggregate, the investments have created almost $175 million of value, with a 50% gross IRR and 1.3x gross MOIC. As Executive Chairman of Bluescape Resources Company and Parallel Resource Partners, Wilder led fifteen major private equity investments totaling $1.2 billion of risk capital and achieved an 11% gross IRR and 1.2x gross MOIC with a 0.8x cash realization, beating the small-cap public E&P basket by 290% over the same time period. These returns were achieved during a period when natural gas declined from over $13/MMBtu to less than $3/MMBtu and crude oil declined from over $130/Bbl to under $50/Bbl. Throughout his institutional investing career, Wilder has consistently assembled high-quality investment teams capable of creating substantial value through in-depth knowledge of global energy markets and long-term relationships. Wilder has also consistently implemented disciplined investment decision-making and top-quality management processes and has employed active portfolio management with the ability to step in and operate any portfolio company.
Wilder started in the energy business in Texas almost 40 years ago with the Royal Dutch/Shell Group, where he rose to the position of Chief Executive Officer of Shell Capital in London. As Chairman of the Board and Chief Executive Officer at TXU Corp., Wilder directed a total financial and operational overhaul that transformed one of the largest energy companies over a four-year period from a bottom-quartile performer to a competitive, high-performance industrial enterprise. TXU delivered total shareholder returns of over 400% and annualized returns of 65% -- placing 5th among the S&P 500 -- and created over $32 billion of shareholder value. Wilder increased net income by 8X; increased operating cash flow by 10X; reduced safety incidents by 70%; reduced fixed costs by $1.2 billion (29%); reduced headcount by 7,000 (49%); reduced operating expenses by 21%; and improved debt/EBITDA ratio from 5.1X to 2.1X (60% improvement). Additionally, Wilder executed ~$15 billion of transactions with over 2.7X MOIC and $42 billion of realizations. Earlier, as chief financial officer at Entergy Corp., Wilder spurred improvements that provided total shareholder returns of 147%, exceeding the S&P 500 by 18-fold. During his tenure, Entergy grew operational earnings 63% to $900 million, with year-over-year EPS growth of over 19%. Wilder reduced fixed costs by $200 million; decreased net debt as a percentage of capital by 25% (ranking first in the industry) and executed ~$5 billion of transactions with over 5X MOIC and $10 billion of realizations.
For his achievements at TXU, the Harvard Business Review named Wilder twice as one of the Best-Performing CEOs in the World, ranking 24th among 2,000 CEOs from publicly traded companies in 33 countries in 2010 and 74th among 3,143 CEOs, from publicly traded companies in 50+ countries in 2013. No other United States’ power company executive was honored in either of these rankings. Wilder was named Ten Best CEOs in America by Institutional Investor in 2004 and was named Best CEO and CFO in the Electric Power Sector by Institutional Investor in all the years he was in the power industry.
Wilder graduated magna cum laude from Southeast Missouri State University with a bachelor in business administration, and he received the university’s Distinguished Alumni Award. He earned a master’s in business administration from the University of Texas. Wilder is on the advisory boards of the McCombs School of Business at the University of Texas at Austin and the A.B. Freeman School of Business at Tulane University. Wilder is also a Trustee of Texas Health Resources and is a past member of the National Petroleum Council, a U.S. Secretary of Energy Appointment.