RenuEn Corp Announces Appointment of Chief Financial Officer
24 April 2014 - 10:45PM
Marketwired
RenuEn Corp Announces Appointment of Chief Financial Officer
CEO Jeff Nemes Announces Appointment of Anthony Pascucci as the
Company's New Chief Financial Officer
JUPITER, FL--(Marketwired - Apr 24, 2014) - RenuEn Corporation
(OTC Pink: RENU) (PINKSHEETS: RENU) a Renewable Energy Development
and EPC Company announced the long awaited appointment of their
Chief Financial Officer.
Jeff Nemes, CEO of RenuEn stated, "I am pleased to finally
announce the appointment of Anthony Pascucci, as the company's
Chief Financial Officer. As I previously disclosed to shareholders,
the final and most critical appointment to this company is that of
a qualified CFO. With record Q1 revenue and earnings, the company
is extremely lucky to have Anthony as RenuEn's newest Senior
Executive."
Nemes continued, "A 1985 graduate of Rider University with a BS
in Commerce and Major in Accounting, Mr. Pascucci brings nearly 30
years of financial experience to the RenuEn Team." Nemes added,
"Having spent the last twenty years as the Financial Administrator
of a large engineering firm that specializes in multi-disciplinary
design and construction management services and with his experience
managing large government contracts, Anthony further solidifies my
desire to expand the range of services we will provide. In addition
to his corporate experience, Mr. Pascucci spent the first nine
years of his professional career in public accounting working on
corporate audits, taxation and consulting services. We believe his
diversified experience will be a great asset to the company moving
forward."
Anthony Pascucci, CFO of RenuEn stated, "I am excited to be
joining the RenuEn Team as the Chief Financial Officer. Having
known Jeff for many years as well as having the opportunity to
advise him at RenuEn, I have a high degree of confidence that the
company is positioned for great things. The renewable energy sector
has gained so much traction over the past few years and RenuEn
appears to be in an excellent position to capitalize on this
growing sector." Pascucci added, "I have strong feelings that in
order to grow a company, you need three basic things. First, you
need technically strong and ethical leadership and executives that
can work in a team environment. Next, you must have sound financial
policies and procedures in place and not be debt driven. Finally,
you need diversification in your business model. I see all of these
things at RenuEn and I look forward to contributing to the Team
that Jeff has put together and I am excited to be a part of the
future of RenuEn."
Mr. Nemes concluded, "Now that we have a CFO in place with the
talent and experience of Anthony Pascucci, our shareholders can be
confident that I will continue with my mandate to build a
financially healthy company that relies on the people, systems and
processes we have in place without the need for dilution or toxic
debt instruments. We now have the ability to evaluate all of our
future business opportunities with decisions supported by sound
financial analysis. I look forward to releasing our 2014 Q1
financials in the coming days as well as the scheduling of our
quarterly conference call."
About RenuEn Corporation
RenuEn Corporation (www.RenuEn.com) is a Renewable Energy
Development, Engineering, Procurement and Construction (EPC)
Company. The company focuses on Renewable Power projects and the
development of solar, geothermal and other renewable energy
strategies installing energy saving products and services for
residential and commercial clients.
Follow RenuEn on Facebook: facebook.com/RenuEnCorp
Follow RenuEn on Twitter: @RenuEnToday
Follow RenuEn's CEO on Twitter: @RenuEnCEO
Safe Harbor Statement
This news release contains statements that involve expectations,
plans or intentions (such as those relating to future business or
financial results) and other factors discussed from time to time in
the Company's Securities and Exchange Commission filings. These
statements are forward-looking and are subject to risks and
uncertainties, so actual results may vary materially. You can
identify these forward-looking statements by words such as "may,"
"should," "expect," "anticipate," "believe," "estimate," "intend,"
"plan" and other similar expressions. Our actual results could
differ materially from those anticipated in these forward-looking
statements as a result of certain factors not within the control of
the company. The company cautions readers not to place undue
reliance on any such forward-looking statements, which speak only
as of the date made. The company disclaims any obligation
subsequently to revise any forward-looking statements to reflect
events or circumstances after the date of such statements or to
reflect the occurrence of anticipated or unanticipated events.
Contact and Inquiries
for Investor Relations: Michael Irving Paramount Advisors, LLC
407-878-5462 mike@parvise.com
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