Verde Clean Fuels, Inc. Announces Appointment of Chief Financial Officer
04 October 2024 - 6:15AM
Business Wire
George Burdette joins Verde leadership team
bringing more than 15 years of financial, commercial, corporate
development, and investment management experience
Verde Clean Fuels, Inc. (“Verde” or “the Company”) (NASDAQ:
VGAS) announces the appointment of George Burdette as Chief
Financial Officer ("CFO").
“We are pleased to announce the appointment of George Burdette
as CFO. George brings a wealth of experience and expertise in all
aspects of finance and will be instrumental as we advance our plans
to deploy our proprietary liquid fuels processing technology
through the development of commercial production plants," said
Ernie Miller, Verde’s Chief Executive Officer.
Mr. Burdette will be responsible for all aspects of finance for
the Company. Prior to joining the Company, Mr. Burdette served as
CFO of Arbor Renewable Gas, a private equity owned renewable fuels
platform. Prior to Arbor, Mr. Burdette served as CFO of Itafos, a
publicly traded, global phosphate fertilizer producer (TSX-V:
IFOS). Prior to Itafos, Mr. Burdette was head of project finance at
First Solar (NASDAQ: FSLR), where he was responsible for project
finance and commercial initiatives in the US, Latin America, and
South Africa. Prior to First Solar, Mr. Burdette held various
finance, corporate development, and investment management roles in
energy infrastructure and private equity. Mr. Burdette received a
Bachelor of Arts in International Business and French from Wofford
College and an International Master of Business Administration from
the University of South Carolina.
About Verde Clean Fuels, Inc.
Verde is a clean fuels company focused on the deployment of its
innovative and proprietary liquid fuels processing technology
through development of commercial production plants. Verde's
syngas-to-gasoline plus (STG+®) process converts syngas, derived
from diverse feedstocks (including biomass or stranded or flared
natural gas) into fully finished liquid fuels that require no
additional refining, such as Reformulated Blend-stock for Oxygenate
Blending (“RBOB”) gasoline.
For more information, please visit www.verdecleanfuels.com.
Forward-Looking Statements
The information included herein and in any oral statements made
in connection herewith include “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933, as
amended, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements, other than statements of present or
historical fact included herein, regarding Verde’s expectations and
any future financial performance, as well as Verde’s strategy,
future operations, financial position, prospects, plans and
objectives of management are forward-looking statements. When used
herein, including any oral statements made in connection herewith,
the words “could,” “should,” “will,” “may,” “believe,”
“anticipate,” “intend,” “estimate,” “expect,” “plans,” “goal,”
“project,” “preliminary discussions,” “designed,” “potential,” the
negative of such terms and other similar expressions are intended
to identify forward-looking statements, although not all
forward-looking statements contain such identifying words. These
forward-looking statements are based on Verde management’s current
expectations and assumptions about future events and are based on
currently available information as to the outcome and timing of
future events. Except as otherwise required by applicable law,
Verde disclaims any duty to update any forward-looking statements,
all of which are expressly qualified by the statements in this
section, to reflect events or circumstances after the date hereof.
Verde cautions you that these forward-looking statements are
subject to risks and uncertainties, most of which are difficult to
predict and many of which are beyond the control of Verde. These
risks include, but are not limited to: general economic, financial,
legal, political and business conditions and changes in domestic
and foreign markets; the failure to realize the anticipated
benefits of a particular transaction; the risks related to the
growth of Verde’s business and the timing of expected business
milestones; the ability of Verde to obtain financing in connection
with a particular transaction or in the future; and the effects of
competition on Verde’s future business. Should one or more of the
risks or uncertainties described herein and in any oral statements
made in connection therewith occur, or should underlying
assumptions prove incorrect, actual results and plans could differ
materially from those expressed in any forward-looking statements.
There may be additional risks that Verde presently do not know or
that Verde currently believe are immaterial that could cause actual
results to differ from those contained in the forward-looking
statements. Additional information concerning these and other
factors that may impact Verde’s expectations and projections can be
found in Verde’s filings with the Securities and Exchange
Commission (the “SEC”). Verde’s SEC filings are available publicly
on the SEC’s website at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20241003531783/en/
Media Relations: Juliet Fisher (Merchant)
juliet@merchant.agency
Investor Relations: Caldwell Bailey (ICR) verdeIR@icrinc.com
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