Waste Energy Corp Unveils New Leadership Team to Drive Strategic Expansion into Waste-to-Energy Market
Waste Energy Corp (OTCQB:WAST) announced significant leadership changes as part of its strategic transformation from a Web3 and blockchain business to a waste-to-energy conversion company. Founder Cameron Chell has transitioned from Board Chairman to Advisory Board Chairman, while Shelly Murphy resigned from the Board of Directors. Scott Gallagher, current President, has been appointed Chairman and CEO. The company also welcomed W. Scott McBride, founder and CEO of EnergyFX, to its Board of Directors, bringing expertise in Pyrolysis technology. Ed Moy, former U.S. Mint Director, continues as a board member. These changes align with the company's new focus on converting discarded plastics into clean energy through Pyrolysis technology.
Waste Energy Corp (OTCQB:WAST) ha annunciato significative modifiche alla leadership come parte della sua trasformazione strategica da una società di Web3 e blockchain a un azienda di conversione dei rifiuti in energia. Il fondatore Cameron Chell è passato da Presidente del Consiglio a Presidente del Consiglio consultivo, mentre Shelly Murphy si è dimessa dal Consiglio di Amministrazione. Scott Gallagher, attuale Presidente, è stato nominato Presidente e CEO. L'azienda ha anche accolto W. Scott McBride, fondatore e CEO di EnergyFX, nel suo Consiglio di Amministrazione, portando expertise nella tecnologia della pirolisi. Ed Moy, ex Direttore della Zecca degli Stati Uniti, continua come membro del consiglio. Questi cambiamenti sono in linea con il nuovo focus dell'azienda sulla conversione della plastica scartata in energia pulita attraverso la tecnologia della pirolisi.
Waste Energy Corp (OTCQB:WAST) anunció cambios significativos en su liderazgo como parte de su transformación estratégica de un negocio de Web3 y blockchain a una empresa de conversión de residuos en energía. El fundador Cameron Chell ha pasado de presidente de la junta a presidente del consejo asesor, mientras que Shelly Murphy renunció a la junta directiva. Scott Gallagher, actual presidente, ha sido nombrado presidente y CEO. La compañía también dio la bienvenida a W. Scott McBride, fundador y CEO de EnergyFX, a su junta directiva, aportando experiencia en tecnología de pirólisis. Ed Moy, exdirector de la Casa de la Moneda de EE. UU., continúa como miembro de la junta. Estos cambios se alinean con el nuevo enfoque de la empresa en convertir plásticos desechados en energía limpia a través de la tecnología de pirólisis.
Waste Energy Corp (OTCQB:WAST)는 Web3 및 블록체인 사업에서 폐기물에서 에너지로 전환하는 회사로의 전략적 변화를 일환으로 중요한 리더십 변화를 발표했습니다. 설립자 카메론 첼은 이사회 의장에서 자문위원회 의장으로 전환되었고, 셸리 머피는 이사회에서 사임했습니다. 현 사장인 스콧 갤러거가 의장 겸 CEO로 임명되었습니다. 회사는 또한 EnergyFX의 설립자이자 CEO인 W. 스콧 맥브라이드를 이사회에 맞이하며 피롤리시스 기술에 대한 전문성을 추가했습니다. 전 미국 조폐국장이었던 에드 모이는 이사회 멤버로 계속 활동합니다. 이러한 변화는 폐기된 플라스틱을 피롤리시스 기술을 통해 청정 에너지로 전환하는 데 새로운 초점을 맞추고 있습니다.
Waste Energy Corp (OTCQB:WAST) a annoncé des changements significatifs de leadership dans le cadre de sa transformation stratégique d'une entreprise Web3 et blockchain vers une entreprise de conversion des déchets en énergie. Le fondateur Cameron Chell est passé de président du conseil à président du conseil consultatif, tandis que Shelly Murphy a démissionné du conseil d'administration. Scott Gallagher, président actuel, a été nommé président et PDG. L'entreprise a également accueilli W. Scott McBride, fondateur et PDG d'EnergyFX, au sein de son conseil d'administration, apportant une expertise en technologie de pyrolyse. Ed Moy, ancien directeur de la Monnaie des États-Unis, continue de siéger au conseil. Ces changements s'alignent avec le nouveau focus de l'entreprise sur la conversion des plastiques jetés en énergie propre grâce à la technologie de pyrolyse.
Waste Energy Corp (OTCQB:WAST) hat im Rahmen seiner strategischen Transformation von einem Web3- und Blockchain-Geschäft zu einem Unternehmen zur Abfall-zu-Energie-Umwandlung bedeutende Veränderungen in der Führung angekündigt. Gründer Cameron Chell hat den Vorsitz der Vorstand in den Vorsitz des Beirats gewechselt, während Shelly Murphy aus dem Vorstand zurückgetreten ist. Scott Gallagher, der derzeitige Präsident, wurde zum Vorsitzenden und CEO ernannt. Das Unternehmen begrüßte außerdem W. Scott McBride, Gründer und CEO von EnergyFX, in seinem Vorstand und bringt Fachkenntnisse in der Pyrolysetechnologie mit. Ed Moy, ehemaliger Direktor der US-Münze, bleibt weiterhin Mitglied des Vorstands. Diese Veränderungen stimmen mit dem neuen Fokus des Unternehmens überein, weggeworfene Kunststoffe durch Pyrolysetechnologie in saubere Energie umzuwandeln.
- Strategic pivot from blockchain to waste-to-energy sector, targeting growing clean energy market
- Addition of W. Scott McBride brings direct industry expertise in Pyrolysis technology
- Retention of Ed Moy provides valuable government agency experience
- Complete shift in business model indicates abandonment of previous Web3/blockchain operations
- Multiple simultaneous leadership changes may create temporary operational disruption
FAIRFIELD, CALIFORNIA / ACCESSWIRE / December 19, 2024 / Waste Energy Corp. (formerly Metaworks), (OTCQB:WAST), a company pioneering clean energy solutions through the use of Pyrolysis technology, today announced key changes to its management and board of directors to align with its strategic transformation from a Web3 and blockchain business to a waste-to-energy conversion company.
Effective immediately, company founder Cameron Chell has stepped down as Chairman of the Board of Directors and will now serve as Chairman of the company's Advisory Board. This new role will enable Mr. Chell to leverage his expertise and entrepreneurial vision to support the company's growth in the waste-to-energy sector.
"I am confident in the company's new direction and its ability to create a meaningful impact on the energy landscape," said Mr. Chell. "As Chairman of the Advisory Board, I look forward to leveraging my expertise to support Waste Energy Corp's anticipated growth into 2025 and beyond, ensuring our strategic vision aligns with the urgent need for sustainable energy solutions," said Mr. Chell. "This shift represents a bold step toward addressing environmental challenges while creating sustainable energy solutions."
Additionally, Shelly Murphy has resigned from her position as a member of the Board of Directors. Ms. Murphy's decision reflects the company's renewed focus on sustainable energy initiatives. Waste Energy Corp extends its gratitude to Ms. Murphy for her contributions during her tenure and wishes her continued success.
Current Board member Mr. Ed Moy will continue to serve as a member of the board of directors. Mr. Moy has years of experience interacting with federal and state government agencies including the department of energy. He is the former Director of the U.S. Mint who also served for more than five years as Special Assistant to the President during the Bush Administration.
"I'm excited to work with Waste Energy Corp's talented management team and new board to bring about a cleaner future. The Company's dedication to sustainable innovation aligns with my passion for better environmental stewardship and my past experience working closely with the U.S. Department of Energy and the U.S. Environmental Protection Agency during my service at The White House." commented Mr. Moy.
Scott Gallagher, who currently serves as President of Waste Energy Corp, has been appointed Chairman of the Board and Chief Executive Officer. Under his leadership, the company aims to accelerate its mission of converting discarded plastics into clean energy through Pyrolysis technology, a process that addresses global environmental challenges while creating renewable energy.
"These changes underscore our commitment to aligning leadership expertise with our new strategic direction," said Scott Gallagher. "As we transition into a waste-to-energy business, our leadership team is uniquely positioned to drive innovation and make a meaningful impact on the clean energy landscape."
To further strengthen the company's board, Waste Energy Corp is pleased to welcome Mr. W. Scott McBride as a new member of the Board of Directors. Mr. McBride holds a degree in Environmental Sciences and brings a wealth of experience as the founder and CEO of EnergyFX, a sustainable energy company specializing in Pyrolysis. His deep industry knowledge and commitment to environmental stewardship will be invaluable as Waste Energy Corp advances its mission.
"I am excited to join the board of Waste Energy Corp at such a pivotal moment in its evolution," said Mr. McBride. "The company's focus on Pyrolysis technology positions it to play a vital role in addressing the critical waste crisis and transitioning to clean energy solutions."
Waste Energy Corp remains committed to its mission of creating sustainable energy from waste and driving innovation to support a cleaner, greener future.
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.
Company Contact:
Scott Gallagher, President
(727) 417-7807
scott@metaworksplatforms.io
SOURCE: Waste Energy Corp.
View the original press release on accesswire.com
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