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CHAR Technologies (TSXV:YES) announces leadership changes after annual meeting
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  • CHAR Technologies held its annual meeting on March 30
  • Seven nominees were elected to the board of directors, including three new board members
  • The board of directors has approved the grant of 150,000 stock options to the new directors
  • CHAR is a cleantech development and services company that specializes in high-temperature pyrolysis.
  • CHAR Technologies (YES) is down 1.39 per cent and is currently trading at C$0.71 per share

Seven nominees have been elected to CHAR Technologies' Board of Directors, including three new board members.

William White, Eric Beutel, James Sbrolla and Benj Gallander were re-elected.

The three new members are Jane Pagel, Nik Nanos and Paul Pellegrini.

The Board of Directors has approved the grant of 150,000 stock options to the new directors, which are exercisable at a price of $0.72 per common share. The options have a term of five years.

In addition to the new and re-elected board members, CHAR has announced the appointment of Ken Goodboy as VP of Pyrolysis R&D.

Mr. Goodboy is a chemical engineer with extensive cleantech experience.

CHAR Technologies CEO Andrew White stated,

“We are elated to have Ken join our team as an integral part of our technology commercialization and to help us execute our growth strategy into global markets with a focus on the USA.”

CHAR is a cleantech development and services company that specializes in high-temperature pyrolysis, converting woody materials and organic waste into renewable gases and biocarbon.

CHAR Technologies (YES) is down 1.39 per cent and is currently trading at C$0.71 per share as of 1:01 pm ET.

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