Management

Led by a Board and Management Team with a proven record in energy, banking, law, and strategic execution, Surya combines cross-sector insight with disciplined leadership to deliver sustainable growth and long-term value.

Hemal Rathod
Chief Executive Officer, Vice Chairman of the Board of Directors
Hemal Rathod
Chief Executive Officer, Vice Chairman of the Board of Directors

Since 2016 Mr. Rathod has been an owner and program director for several adult foster and health care businesses in Massachusetts as well as several other entrepreneurial ventures including Surya Energy Services LLC, an oil detection and exploration technology company. From March 2015 to January 2016, he was employed by Ernst & Young as a Senior Legal Consultant. From November 2013 to March 2015, Mr. Rathod was employed as a Manager with Morgan Stanley. From October 2010 to November 2013, he was employed by Ebuymed, Inc. as Business/Operations Director. From September 2008 to November 2009, Mr. Rathod was employed in the Internal Audit Department of Alliance Bernstein as an Administrative Officer, Senior Sox Testing Specialist. From July 2006 to August 2008, he was employed in the Legal, Compliance & Management Controls Division of Goldman, Sachs & Co. as a Business Analyst.   Mr. Rathod holds a Bachelor of Science (Magna Cum Laude) from the Peter J. Tobin School of Business, St. John’s University School of Business and a Juris Doctor with a specialty in corporate and finance law from Benjamin N. Cardozo School of Law.

Michael R. Gavenchak
President
Michael R. Gavenchak
President

Mr. Gavenchak, President of Surya Oil & Gas Corp., is also the Managing Director of Further Lane Capital, an investment firm founded in 2017. He is also a Co-founder and principal in FPA Energy Acquisition Corp. (NASDQ: FPAQ). Prior to Further Lane Capital, he was President of The Motor Agency in Atlanta, GA. Earlier, Mr. Gavenchak was Senior Vice President with a WPP/Young & Rubicam subsidiary where his work primarily focused on emerging growth companies and business issues management. At Further Lane, Mr. Gavenchak has participated in financings involving over $500 Million in various business categories. Over the years, Mr. Gavenchak has counseled and has provided senior strategic counsel to major law and “Big Five” accounting firms as well as large established companies such as Genuine Parts Company, FOX News Channel, Six Flags, AGCO, Dollar-Thrifty, Absolut Vodka, U.S. Buildings, Pontiac-Buick-GMC, Jaguar, Land Rover, Rolls-Royce, Rinnai North America, Bosch and Cherokee Casinos. In 1995, Mr. Gavenchak became the third full-time employee and Executive Vice President General Counsel of a medical technology company and managed the company’s initial public offering on NASDAQ. Before that, Gavenchak practiced for eight years as an AV rated attorney in New York where he successfully argued and won a seminal case on appeal on constitutional Law in the highest court in State of New York before leaving law to pursue a career in private equity and venture capital. Gavenchak received his Juris Doctor (cum laude) from New York Law School.

Ryan E. M. Cunningham
Manager of Cunningham Energy, LLC
Ryan E. M. Cunningham
Manager of Cunningham Energy, LLC

Mr. Cunningham is the manager of Cunningham Energy, LLC, an independent producer of oil and gas which he founded in 2008. He currently directs operations for Cunningham Energy, Marzcorp Oil & Gas Inc., Viper Capital Partners LLC and Raven Ridge Energy LLC. Mr. Cunningham served as operating partner of Black Crow Oil LLC from 2008 to 2010. From 1999 to 2001, Mr. Cunningham was a sales trader with Oppenheimer & Co. (formerly CIBC World Markets), initially with the private client division and then in its institutional trading group with middle markets and institutional sales trading teams before becoming head sales trader in 2001. Mr. Cunningham has been a Board member of the West Virginia Oil & Gas Association since 2013. Mr. Cunningham received a Bachelor of Arts degree on Environmental Policy from Rollins College.

Bill Devereux
Chief Financial Officer
Bill Devereux
Chief Financial Officer

Bill Devereux is a finance executive with more than 20 years of experience in capital markets, corporate finance, and enterprise governance. He has led companies through strategic inflection points that required cash flow optimization, capital restructuring, and disciplined financial leadership to support long-term value creation. Mr. Devereux previously served as a principal investor responsible for deploying $1.5B across public markets and special situations, and earlier in his career advised on more than $250B in transactions. His experience includes complex capital structuring, strategic asset acquisitions, institutional financing facilities, multi-class governance design, and public-company financial reporting. He has built and led high-performing finance and operations teams, establishing comprehensive processes across forecasting, analysis, treasury management, regulatory compliance, and cross-functional execution. His work spans both domestic and international environments, including SEC, exchange, and GAAP reporting frameworks. Mr. Devereux holds an MBA from the University of North Carolina at Chapel Hill and a Bachelor of Science in Finance from the University of Florida.