Date: December 8, 2010
Source: Ze-gen, Inc.
Waste gasification to energy developer Ze-gen, Inc. (Boston, MA) announced Walter Howard as Chief Executive Officer, replacing Bill Davis who founded Ze-gen in 2004. Howard is an industry veteran with over 30 years of global power project development experience and has held CEO, COO, CFO, and SVP executive positions with utility companies including General Electric, American Water, US Generating (an affiliate of PG&E and Bechtel), Noble Power Assets, J.Makowski Co. Inc (partly owned by Duke Power), and Poseidon resources. Bill Davis, who will remain on Ze-gen's Board of Directors and stay actively involved as an advisor to Ze-gen focused on special projects, said, "I am pleased to welcome Walt to Ze-gen. He brings extensive experience in business development, project finance, and operations within the electrical and water utility industries, and he will be instrumental to Ze-gen's ability to change the way the world views waste and its role in our energy future."
PRESS RELEASE
Walt Howard Joins Ze-gen As Chief Executive Officer
Ze-gen, Inc., a leading developer and integrator of advanced gasification technology to convert waste streams into synthesis gas, welcomes Walter Howard as Chief Executive Officer, replacing Bill Davis who founded Ze-gen in 2004. An industry veteran, with more than 30 years of global power project development experience, Mr. Howard has held CEO, COO, CFO, and SVP executive positions with utility leaders including General Electric, American Water, US Generating (an affiliate of PG&E and Bechtel), Noble Power Assets, J.Makowski Co. Inc (partly owned by Duke Power), and Poseidon Resources.
Bill Davis, who will remain on Ze-gen's Board of Directors and stay actively involved as an advisor to Ze-gen focused on special projects, stated, "I am pleased to welcome Walt to Ze-gen. He brings extensive experience in business development, project finance, and operations within the electrical and water utility industries, and he will be instrumental to Ze-gen's ability to change the way the world views waste and its role in our energy future."
"I am excited to join the Ze-gen team," said Walt Howard. "Ze-gen's advanced gasification technology offers an environmentally sustainable solution to both solid waste management and renewable energy generation. I look forward to leading Ze-gen as we enter the next round of growth with the commercialization of our technology in the coming year."
"Walt's leadership and expertise in developing new market opportunities enabled by technology innovation will be a valuable asset for Ze-gen's strategic growth," said Jim Matheson, General Partner of Flagship Ventures and Chairman of the Board at Ze-gen. "The Board and I look forward to working with Walt to accelerate the commercialization of Ze-gen's gasification technology here in the US as well as the numerous international markets where there is a significant need for renewable power coupled with a new model of solid waste remediation."
Most recently, Mr. Howard served as CEO and Director of Noble Environmental Power, where he led Noble to develop and put into operation 484 wind turbines in New York and Texas. His projects have won "deal of the year" awards in finance and engineering categories in New York, Florida, Massachusetts, and Algeria. Furthermore, Mr. Howard has served on the Trade Advisory Committees for US Secretaries of Commerce Daley and Mineta.
Mr. Howard holds BSCE and M. Eng. degrees from Cornell University and an MBA from Harvard Business School. He is a Licensed Professional Engineer in the State of New York.
About Ze-gen, Inc.
Ze-gen, Inc. is a renewable energy company that is emerging as a leader in the development of advanced gasification technology for converting solid waste streams into a synthesis gas (syngas) mixture of carbon monoxide and hydrogen gas. Syngas is a platform fuel that can then be used in a variety of high-value end-use applications, including: steam production, electricity, industrial hydrogen gas, to form the building blocks for synthetic diesel or ethanol, synthetic natural gas, methanol, or as a chemical feedstock into a variety of industrial processes. By thoughtfully and efficiently disposing of these waste streams, Ze-gen reduces two problems simultaneously: the landfilling of energy-rich waste materials, and continued reliance on fossil fuels for energy needs. For more information visit www.ze-gen.com.
For more information, contact:
Elizabeth Enderle
Ze-gen, Inc
617-674-2443
eenderle@ze-gen.com.
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