Waste Energy Corp Names New CFO
Waste Energy Corp (OTCQB:WAST) has announced the appointment of Braden Glasbergen as its new Chief Financial Officer (CFO), effective immediately. Glasbergen, who brings over 20 years of experience in financial leadership roles, replaces outgoing CFO Swapan Kakumanu.
The company also reported the full repayment of a previously issued convertible note, demonstrating its commitment to financial discipline and shareholder value. Additionally, Waste Energy Corp has initiated the process of obtaining permits and regulatory filings for handling plastic and tire waste at the federal level, as it explores opportunities across multiple states.
Glasbergen will work alongside President of Waste-to-Energy Operations W. Scott McBride to manage the permitting process and ensure regulatory compliance as the company expands its waste-to-energy operations nationwide.
Waste Energy Corp (OTCQB:WAST) ha annunciato la nomina di Braden Glasbergen come nuovo Chief Financial Officer (CFO), con effetto immediato. Glasbergen, che porta con sé oltre 20 anni di esperienza in ruoli di leadership finanziaria, sostituisce l'uscente CFO Swapan Kakumanu.
L'azienda ha anche riportato il rimborso completo di una nota convertibile precedentemente emessa, dimostrando il suo impegno verso la disciplina finanziaria e il valore per gli azionisti. Inoltre, Waste Energy Corp ha avviato il processo per ottenere permessi e documentazione normativa per la gestione dei rifiuti di plastica e pneumatici a livello federale, mentre esplora opportunità in diversi stati.
Glasbergen lavorerà insieme al Presidente delle Operazioni Waste-to-Energy W. Scott McBride per gestire il processo di autorizzazione e garantire la conformità normativa mentre l'azienda espande le sue operazioni di conversione dei rifiuti in energia a livello nazionale.
Waste Energy Corp (OTCQB:WAST) ha anunciado el nombramiento de Braden Glasbergen como su nuevo Director Financiero (CFO), con efecto inmediato. Glasbergen, que aporta más de 20 años de experiencia en roles de liderazgo financiero, reemplaza al CFO saliente Swapan Kakumanu.
La empresa también informó sobre el reembolso completo de una nota convertible emitida anteriormente, demostrando su compromiso con la disciplina financiera y el valor para los accionistas. Además, Waste Energy Corp ha iniciado el proceso de obtención de permisos y presentaciones regulatorias para el manejo de residuos plásticos y de neumáticos a nivel federal, mientras explora oportunidades en varios estados.
Glasbergen trabajará junto al Presidente de Operaciones de Residuos a Energía, W. Scott McBride, para gestionar el proceso de permisos y asegurar el cumplimiento regulatorio mientras la empresa expande sus operaciones de conversión de residuos en energía a nivel nacional.
Waste Energy Corp (OTCQB:WAST)는 Braden Glasbergen을 새로운 최고재무책임자(CFO)로 즉시 임명했다고 발표했습니다. Glasbergen은 20년 이상의 재무 리더십 경험을 가지고 있으며, 이전 CFO인 Swapan Kakumanu를 대체합니다.
회사는 또한 이전에 발행된 전환 사채의 전액 상환을 보고하며, 재무 규율과 주주 가치를 향한 의지를 보여주었습니다. 게다가 Waste Energy Corp는 플라스틱 및 타이어 폐기물 처리에 대한 허가 및 규제 서류를 확보하는 과정을 시작했으며, 여러 주에서의 기회를 탐색하고 있습니다.
Glasbergen은 Waste-to-Energy Operations의 사장인 W. Scott McBride와 함께 허가 과정을 관리하고 회사가 전국적으로 폐기물 에너지 전환 작업을 확장하는 동안 규제 준수를 보장할 것입니다.
Waste Energy Corp (OTCQB:WAST) a annoncé la nomination de Braden Glasbergen en tant que nouveau directeur financier (CFO), avec effet immédiat. Glasbergen, qui possède plus de 20 ans d'expérience dans des rôles de leadership financier, remplace le CFO sortant Swapan Kakumanu.
L'entreprise a également signalé le remboursement intégral d'une note convertible précédemment émise, démontrant son engagement envers la discipline financière et la valeur pour les actionnaires. De plus, Waste Energy Corp a lancé le processus d'obtention de permis et de dépôts réglementaires pour le traitement des déchets plastiques et de pneus au niveau fédéral, tout en explorant des opportunités dans plusieurs États.
Glasbergen travaillera aux côtés du président des opérations de conversion de déchets en énergie, W. Scott McBride, pour gérer le processus de permis et garantir la conformité réglementaire alors que l'entreprise étend ses opérations de conversion des déchets en énergie à l'échelle nationale.
Waste Energy Corp (OTCQB:WAST) hat die Ernennung von Braden Glasbergen zum neuen Chief Financial Officer (CFO) mit sofortiger Wirkung bekannt gegeben. Glasbergen bringt über 20 Jahre Erfahrung in finanziellen Führungspositionen mit und ersetzt den scheidenden CFO Swapan Kakumanu.
Das Unternehmen berichtete auch über die vollständige Rückzahlung einer zuvor ausgegebenen wandelbaren Anleihe, was sein Engagement für finanzielle Disziplin und den Wert für die Aktionäre unterstreicht. Darüber hinaus hat Waste Energy Corp den Prozess zur Erlangung von Genehmigungen und regulatorischen Einreichungen für den Umgang mit Plastik- und Reifenabfällen auf Bundesebene eingeleitet, während es Möglichkeiten in mehreren Bundesstaaten erkundet.
Glasbergen wird zusammen mit dem Präsidenten der Waste-to-Energy-Operationen, W. Scott McBride, den Genehmigungsprozess leiten und die Einhaltung der Vorschriften sicherstellen, während das Unternehmen seine Abfall-zu-Energie-Operationen landesweit ausweitet.
- Full repayment of convertible note strengthens balance sheet
- Initiated federal permitting process for nationwide expansion
- Appointment of experienced CFO with 20+ years leadership background
- None.
Company Announces Full Repayment of Convertible Note
FAIRFIELD, CA / ACCESS Newswire / March 6, 2025 / Waste Energy Corp ("Waste Energy" or the "Company"), (OTCQB:WAST), an emerging waste-to-energy (WTE) company at the forefront of sustainable innovation, dedicated to diverting plastic and tires waste streams from oceans, streams, nature and food supplies, today announced the appointment of Mr. Braden Glasbergen as its new Chief Financial Officer (CFO), effective immediately. Mr. Glasbergen has played a pivotal role in the company's financial operations for several years, assisting with its SEC filings and working closely under the guidance of outgoing CFO, Mr. Swapan Kakumanu.
With over two decades of experience in financial leadership roles across industries such as manufacturing, consulting, and environmental services, Glasbergen brings a wealth of expertise to his new position. His strategic financial acumen, combined with his deep understanding of regulatory compliance, corporate governance, and operational efficiency, makes him an ideal fit to lead Waste Energy Corp's financial strategy as the company continues to expand its waste-to-energy initiatives.
"I couldn't be more thrilled to welcome Mr. Braden Glasbergen as our new CFO," said Scott Gallagher, Chairman and CEO of Waste Energy Corp. "His strong financial background and deep understanding of our business will be invaluable as we continue driving growth and innovation in the waste to energy sector. As we scale our business, we remain focused on driving shareholder value and ensuring long-term financial stability. We have assembled a leadership team that values our presence in the public markets and is committed to protecting our capital structure and driving shareholder value as we grow. We will continue to make strategic decisions that align with our mission of expanding our operations while maintaining strong financial discipline and Braden will play an important role in that process."
As the company welcomes Mr. Glasbergen in his new role, it extends its sincere gratitude to Mr. Swapan Kakumanu for his years of dedicated service. Kakumanu played an instrumental role in transitioning the company toward its waste-to-energy business model, and his contributions have laid a strong foundation for future success.
"On behalf of the entire team at Waste Energy Corp, I want to personally thank Swapan for his service and leadership throughout the years," added Gallagher. "His dedication and expertise has been critical in shaping the company's financial direction, especially during the transition and we appreciate his efforts in ensuring a smooth transition."
In response, Mr. Kakumanu expressed his confidence in the company's direction, stating, "I firmly believe in the long-term potential of Waste Energy Corp and its mission to revolutionize waste-to-energy solutions. The company is positioned for significant growth, and I have no doubt that Braden and the leadership team will continue executing on our vision. I look forward to supporting the team as a consultant as needed, ensuring continuity and contributing to the company's success in any way I can."
Additionally, Waste Energy Corp is pleased to announce that a previously issued convertible note has been fully repaid. This milestone reflects the company's commitment to maintaining financial discipline and maximizing shareholder value as it continues to develop innovative energy solutions.
Furthermore, the company has begun the process of permitting and securing regulatory filings to handle plastic and tire waste at the federal level as it evaluates opportunities in several states. This initiative aligns with Waste Energy Corp's long-term growth strategy as it seeks to scale its business and expand its waste-to-energy operations nationwide. Glasbergen will play a key role in this effort, working alongside President of Waste-to-Energy Operations W. Scott McBride to navigate the permitting process and ensure regulatory compliance as the company expands its footprint.
For more information about Waste Energy Corp, please visit www.WasteEnergyCorp.com.
Company Contact:
Scott Gallagher, CEO
Waste Energy Corp
(727) 417-7807
Scott@MetaWorksPlatforms.io
About Waste Energy Corp
Waste Energy Corp is committed to redefining waste as an asset and to reducing the volume of non-recyclable waste in landfills and incinerators. Specializing in the conversion of waste plastics and used tires into clean diesel fuel. The company will combine AI & Pyrolysis technologies to reduce the volume of plastic and tire waste in landfills while developing a new, clean, US based energy source.
Waste Energy Corp. trades on the OTCQB market, over the counter under the ticker symbol: WAST. Waste Energy Corp is an SEC exchange act, fully reporting company. For more information on Waste Energy Corp, please visit www.WasteEnergyCorp.com. For additional investor or financial information visit: www.SEC.gov.
Forward-Looking Statements
This press release contains forward-looking statements regarding Waste Energy Corp's business operations and future financial performance and projections. These statements are subject to various risks and uncertainties, including market conditions and regulatory approvals and other factors outside of the control of WEC, which may impact the actual results. Investors are encouraged to review all risk factors and results disclosed in the company's public filings with the Securities and Exchange commission at www.SEC.Gov.
SOURCE: Waste Energy Corp.
View the original press release on ACCESS Newswire
FAQ
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