Global Energy Holdings Group Appoints Key Executives
November 10 2008 - 4:30PM
Business Wire
Global Energy Holdings Group, Inc. (NYSE Alternext US: GNH) today
announced management appointments to the executive team of its
subsidiary, Global Energy Systems, Inc. (GES). GES develops
renewable energy projects for commercial and governmental
organizations, with a focus on biomass, landfill-gas-to-energy,
waste-to-energy, utility energy service contracts and energy
conservation measures. Charlie Wall has been named Chief Operating
Officer of Global Energy Systems. A veteran of the energy industry,
Wall was most recently the Vice President of Development for Jacoby
Energy Development, Inc., where he was responsible for planning,
directing and implementing business development opportunities. He
has twenty years� experience in the utility industry working for
Georgia Power and the Southern Company (NYSE:SO). Wall also had a
key role at Energy Systems Group (ESG), a division of Vectren
Corporation (NASDAQ:VVC), where he was responsible for developing
renewable energy projects. Wall focuses on the day-to-day
operations of the company, as well as pursuing appropriate
strategic acquisitions and mergers. Bill Haynes has been named
Chief Technology Officer of GES. Haynes was formerly a Vice
President of Engineering at Jacoby Energy Development, Inc., where
he was responsible for engineering functions including the design
and construction of landfill gas-to-energy projects, both for
electricity generation and gas purification. Haynes also led the
development of a plasma arc system designed to destroy municipal
solid waste and to produce synthetic gas for the production of
electricity, heat, chemicals and fuels. Previously, Haynes was a
senior performance and cogeneration engineer for Energy Systems
Group (ESG), a division of Vectren Corporation, where he designed
self-funding projects for education, industrial, institutional, and
government facilities. Haynes also has international experience,
having developed projects for ten manufacturing plants in China. He
works with Charlie Wall to provide technical assessment of
potential merger and acquisition candidates, and he monitors and
assesses new technologies for commercial viability. Don White has
been named Vice President of Sales and Business Development. With
over 20 years of energy project development and asset management
experience, White has secured over $1 billion in energy related
transactions. White is responsible for revenue generation and
cultivating new opportunities in multiple markets for GES.
Additionally, he helps formulate and execute the strategic
direction of GES. Frank Pucciano has been named Vice President of
Engineering. With 30 years of experience creating innovative
solutions to energy problems in the industrial, education, and
government sectors, Pucciano has extensive expertise in
cogeneration, landfill, and digester gas power generation,
distributed generation, building automation systems, and advanced
energy conservation initiatives. He has also been a contributing or
lead engineer on over $100 million of energy projects. Pucciano is
responsible for applied engineering and oversight of all Global
Energy Systems projects. Randy Dix has been appointed as Director
of Construction and Operations. Dix brings over 18 years of
experience developing creative solutions to energy and facility
challenges in the education, healthcare, commercial, and government
sectors. Randy is a key member of our management team and
incorporates a �hands on� approach to implementing GES projects.
�Our new management and engineering team�s extensive experience in
the renewable energy business and regulatory environment will be
essential to converting key market opportunities,� said Mike Ellis,
President of Global Energy Systems. �The team�s knowledge will also
help us monitor new renewable energy technologies and assess their
potential to become new products and services.� David Ames,
President and CEO of Global Energy Holdings, added, �These seasoned
executives will play important roles in the development of our core
business, Global Energy Systems, which incorporates a diversified
mix of renewable and alternative energy technologies.� About Global
Energy Holdings Group: Global Energy Holdings Group is a
diversified renewable energy company based in Atlanta, Georgia,
with two divisions. Global Energy Systems develops renewable energy
projects, including biomass gasification and landfill gas-to-energy
projects. Global Energy Systems also coordinates and implements
energy-efficiency projects, such as cogeneration and heat recovery
for organizations that include government agencies and the U.S.
military. Global Energy Ventures invests in strategically relevant,
early stage energy companies. Global Energy Holdings Group provides
tailored solutions that capitalize on the nation�s need for diverse
energy resources, while investing in promising innovations to help
power the future. The company trades under the ticker symbol GNH on
the NYSE Alternext US (formerly the American Stock Exchange). For
more information about Global Energy Holdings Group, please visit
its Web site at http://www.gnhgroup.com. Forward Looking
Statements: Some of the statements made in this press release may
constitute forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements are based on management�s current
expectations and include known and unknown risks, uncertainties and
other factors, many of which the company is unable to predict or
control, that may cause the company�s actual results or performance
to differ materially from any future results or performance
expressed or implied by such forward-looking statements. These
statements involve risks and uncertainties, including risks and
uncertainties associated with whether the new management will be
successful in assisting GES in its business as expected. These
risks and uncertainties are in addition to other factors detailed
from time to time in the company�s filings with the SEC, including
the section entitled �Risk Factors� in its annual report on Form
10-K for the year ended December 31, 2007. The company cautions
investors that any forward-looking statements made by the company
are not necessarily indicative of future performance. The company
is not responsible for updating the information contained in this
press release beyond the published date, or for changes made to
this document by wire services or internet services.
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