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Posted 21 February, 2023

Verde Clean Fuels, Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:CENQ in a 8-K filed on 21 February, 2023.


  Further, in connection with the Business Combination, effective as of the Closing, John B. Connally III resigned from his position as CENAQ's Chairman, J. Russell Porter resigned from his positions as CENAQ's Chief Executive Officer and Director, Michael J. Mayell resigned from his position as CENAQ's Chief Financial Officer and Director, and each of Benjamin Francisco Salinas Sada, Denise DuBard, Michael S. Bahorich and David Bullion resigned from their positions as directors of CENAQ.  

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Overview of Verde Clean Fuels, Inc.
Companies on the Energy Service • Alternative Fuels
Verde Clean Fuels, Inc. provides renewable gasoline, which is derived from diverse feedstocks including biomass, municipal solid waste, and mixed plastics. The company was founded in 2004 and is headquartered in Houston, TX.
Market Cap
$119M
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Verde Clean Fuels, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


The information set forth above in the sections titled "Directors and Executive Officers," "Executive Compensation," "Certain Relationships and Related Person Transactions, Controlled Company Exception and Director Independence" and "Indemnification of Directors and Officers" is incorporated herein by reference.


Further, in connection with the Business Combination, effective as of the Closing, John B. Connally III resigned from his position as CENAQ's Chairman, J. Russell Porter resigned from his positions as CENAQ's Chief Executive Officer and Director, Michael J. Mayell resigned from his position as CENAQ's Chief Financial Officer and Director, and each of Benjamin Francisco Salinas Sada, Denise DuBard, Michael S. Bahorich and David Bullion resigned from their positions as directors of CENAQ.


In addition, the 2023 Plan became effective upon the Closing. The material terms of the plan are described in the Proxy Statement in the section titled "Proposal No. 4-The 2023 Plan Proposal" beginning on page 148 thereof, which are incorporated herein by reference.