Our Team


Management Team

Gravity Renewables managers have over 200 years experience with small hydro and distributed renewable energy projects and project finance. Gravity Renewables’ management team is supported by an investor pool comprised of high net worth individuals, family offices, and institutional private equity funds.


Ted Rose, Chief Executive Officer
Ted serves as the Chief Executive Officer and Director on the Board of Directors at Gravity Renewables, Inc. Ted joined Gravity Renewables, LLC , a small hydro consulting firm that was the predecessor to Gravity Renewables, Inc., as Managing Partner in 2010.

For almost a decade, Ted has been an industry leader in the development of renewable energy purchasing in the United States. He has worked with companies including Google and Nike as well as schools including Kent State University and Ohio Northern University, as well as municipalities across the country. He also has served on working groups for the National Hydropower Association as well as the Steering Committee in 2013 and 2014 for HydroVision.

Previously, Ted Rose served as the Vice-President of Business Development for NexGen Energy. He led the company’s solar development and renewable energy credit trading. Earlier, Ted served as Vice President for Renewable Choice Energy, the award-winning carbon offset and renewable energy credit provider. Ted graduated magna cum laude from Harvard College. He lives with his wife and two sons in Boulder, CO.

Mark Boumansour, Chief Operating Officer
Mark serves as the Chief Operating Officer and Director on the Board of Directors at Gravity Renewables, Inc.

Mark co-founded Gravity Renewables Group, LLC in 2010, a small hydro consulting firm that was the predecessor to Gravity Renewables, Inc. He is a trained engineer who also held leading business development roles in the U.S. hydropower industry with a focus on new hydro on existing dams (NHED) and existing hydro plants acquisition and refurbishment.

Mark consults regularly with industry OEMs, project developers, regulators, affiliated regional agencies, design/engineering firms and operators. He has performed economic analyses and structured financial presentations for more than 300 MW of small hydro project portfolios including Gravity Renewables’ own. He serves on various working groups within the National Hydropower Association. Mark also has consulted for private equity funds, public universities, private schools, municipalities and the U.S. Department of Energy on renewable energy development strategy.

Prior to founding Gravity Renewables, Mark was the Vice President of Sales and Marketing at NexGen Energy where he worked closely with the management team, wind energy technical experts, energy economists, legislative specialists and financial partners directing project origination and acquisition efforts. Prior to NexGen, Mark served in various business development and engineering roles in the renewable energy and manufacturing sectors. Mark received a Bachelors of Science in Engineering from Michigan State University. He lives with his with wife and son in Boulder, CO.

Kathy Nicholson, Chief Financial Officer
Kathy serves as the Chief Financial Officer at Gravity Renewables, Inc. Kathy oversees all of Gravity’s financial and accounting activities.

Prior to joining Gravity Renewables, Kathy served as the CFO to venture capital backed start-ups in the SaaS/technology, medical device and consumer products industries including Kapost, Flashback Technologies, and Useful Systems, Inc. Prior to this, Kathy was a Partner in the Chicago office of Ernst and Young’s Transaction Support Practice. In that role, she served New York and Chicago based private equity clients during the acquisition process including due diligence, price negotiations and transaction structuring on over 100 different transactions. Kathy’s experience at Ernst and Young also included seven years in the audit practice where she served a variety of consumer products, retail, hospitality, manufacturing and business services clients including SEC reporting and IPO work.

Kathy received her BS in Economics from the Wharton School of the University of Pennsylvania and is a licensed Certified Public Accountant in the State of Colorado.

Jim Fulmer, Senior Vice President of Operations
Jim serves as the Senior Vice President of Operations for Gravity Renewables, Inc.

Prior to joining Gravity Renewables, Jim held a senior management position at Enel Green Power North America, the U.S. renewable energy subsidiary of European utility Enel, named the 52nd largest company in the world by CNN Money in 2012. He oversaw operations and business development for Enel’s small hydro business in the United States.

Prior to joining Enel, Jim was part of the management team at CHI Energy that consolidated 65 small hydro plants becoming the largest small hydro producer in the U.S. CHI was acquired by Enel Green Power in 2001. Jim lives with his wife in Greenville, SC.


Chairman of the Board


JR Shaw, Chairman of the Board
JR Shaw is a pioneer of the North American cable industry, having built Shaw Communications (NYSE: SJR; TSX: SJR.B) into one of Canada’s leading network and content companies, with more than 3.3 million customers, 14,000 employees and a market capitalization of US$11.5 billion. Mr. Shaw also brings to Gravity Renewables considerable experience as a director and chairman of numerous private and public companies, including six years as Chairman of Suncor Energy (NYSE: SU), one of the world’s largest energy companies.