Date: April 29, 2008
Source: Ze-gen, Inc.
Ze-gen Welcomes George McMillan As CFO and COO
Ze-gen, Inc., a clean energy company providing advanced gasification technology to convert waste streams into synthesis gas and low emissions electrical energy, today announced the addition of George McMillan to the Ze-gen team. Mr. McMillan is joining Ze-gen as Chief Operating Officer and Chief Financial Officer.
Mr. McMillan joined the company as a Director in November 2004. Mr. McMillan has served in executive capacities for more than 20 years. His career includes combined experience in supply chain management, media, and technology directed professional services, with demonstrated excellence in both financial and business operations.
Prior to joining Ze-gen as its COO and CFO, Mr. McMillan was President and CEO of The Palladium Group, a technology and strategy consulting firm he helped found. Prior to joining Palladium, George was Chief Executive Officer of CMGI, where as both Chief Executive Officer and Chief Financial Officer, he successfully repositioned the financially distressed internet company into a billion dollar leader in supply-chain management. He joined CMGI in July 2001 from BMG Direct, a unit of Bertelsmann A. G., where he served as President and Chief Executive Officer for more than 4 years.
Before joining BMG Direct, George served as Chief Operating Officer and Chief Financial Officer of Renaissance Solutions, the technology and management consulting firm. There he helped guide the firm from 15 members to more than 300 professionals, and through three public offerings of its shares. He also guided Renaissance through 13 consecutive quarters of rising revenue and accelerating profit and earnings per share performance.
Mr. McMillan earned his M.B.A. with distinction from the Harvard Graduate School of Business, his J.D. cum laude from Harvard Law School and his A.B. in Economics, Phi Beta Kappa, from Stanford University.
About Ze-gen, Inc:
Ze-gen was founded to develop and deploy advanced gasification technology which converts renewable biomass waste streams into energy and other beneficial products with virtually zero emissions. In addition to the environmental problems associated with conventional means of waste disposal, there is considerable energy content in ordinary waste streams. Industry data suggests that in the United States alone, over 50,000 megawatts of latent energy potential is unexploited every year as these waste streams are buried in landfills. Ze-gen is poised to be the market leader in the environmentally friendly re-purposing of these waste streams into renewable energy. For more information and to watch a recent Ze-gen feature on the Science Channel, visit www.ze-gen.com.
For more information, contact:
Kate Casolaro
Rasky Baerlein Strategic Communications
617-443-9933 ext. 338
kcasolaro@rasky.com.
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