Renewable fuels company Anaergia Inc. has appointed Assaf Onn as acting CEO, effective June 24. The action follows the mutual decision by the board of directors and former CEO Brett Hodson to transition to new leadership following the investment of Marny Investissement SA in Anaergia, which produces renewable natural gas, fertilizers and other organic compounds.
“Assaf knows our business well, and the board is confident that he is the right leader to oversee the business during this transition period. The Board will oversee the execution of the Company’s strategy together with the new leadership from Marny,” Andrew Benedek, founder and chair of the board, said in a June 27 press release.
Onn was appointed to the board in connection with the closing of the CA$13.6 million second tranche of the expected CA$29.8 million (US$21.76 million) strategic investment in Anaergia by a subsidiary of Marny on April 1.
Onn has served as Marny’s COO since 2008 and has more than two decades of experience managing large operations throughout central and eastern Europe and the Middle East. Onn holds a bachelor’s degree in business management from Washington State University.
Recommended Reading
NatGas Rally Reaches 2024 Peak, Highest Price in Two Years
2024-12-19 - Analysts say the gas market remains volatile as prices surpass $3.50/MMbtu at the Henry Hub for the first time in about two years.
As US Ethane Production Soars to Record High, Low Prices Expected
2024-10-29 - Tied to natural gas production, which has suffered from weak demand, ethane is also headed for bearish prices, according to an analyst.
Bernstein Expects $5/Mcf Through 2026 in ‘Coming US Gas Super-Cycle’
2025-01-16 - Bernstein Research’s team expects U.S. gas demand will grow from some 120 Bcf/d currently to 150 Bcf/d into 2030 as new AI data centers and LNG export trains come online.
Kissler: Wildcards That Could Impact Oil, Gas Prices in 2025
2024-11-26 - Geopolitics and weather top the list of trends that will determine the direction of oil and gas.
Baker Hughes: US Drillers Cut Oil, Gas Rigs for First Time in Four Weeks
2024-11-15 - U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in four weeks.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.