Derek McLeish, the company’s chairman and chief executive officer, commented, This is a major coup for a young company to land a business leader with such experience. I am very excited about working with Byron and believe that he will help us establish Carbon Sciences as a leader in the field of renewable energy. Byron brings a unique blend of business experience and personal commitment to environmental ideals. McLeish continued, With Byron on board to manage our capital markets and business development efforts, we’ll be able to focus our efforts to deliver the prototype demonstrating our innovative biocatalytic CO2 to fuel process in the first quarter of this year.
This is a great opportunity for me join the Carbon Sciences team and be part of this breakthrough that can make a meaningful contribution to developing another source of renewable energy and mitigating CO2 emissions, stated Mr. Elton. At AOL, I was part of the Internet revolution that swept the world. However, the renewable energy revolution will be of far greater consequence. Not only must we reduce our dependence on oil, but we must also seek solutions that are sustainable. Entrepreneurial efforts such as ours can help lead the way, and reap enormous financial rewards.
Elton served for eight years as an executive at AOL Media Networks, where his assignments included regional vice president of sales for AOL and senior vice president of e-commerce for AOL Canada. His broadcast media experience includes leading the ABC affiliate in Santa Barbara, California and the CBS affiliate in Monterrey, California, in addition to serving as president of the Alaskan Television Network.
