New Executive Brings Over 35 Decades Accounting, Finance Knowledge
PHOENIX, AZ, Dec. 28, 2020 (World NEWSWIRE) — Taronis Fuels, Inc., (“Taronis” or “the Company”) (OTCQB: TRNF), a worldwide producer of renewable and socially responsible fuel products and solutions, currently introduced the appointment of Ed Fred as the Company’s new Chief Financial Officer. Mr. Fred has over 35 decades of accounting, finance, and capital markets experience, mainly in the aerospace, producing, and customer products industries.
Mr. Fred started his vocation in the accounting department at Borden in 1980. In 1981, Mr. Fred began to significantly target on international accounting, very first with Sterling Drug, and then for extra than a ten years with Grumman Global. At Grumman, Mr. Fred was promoted by way of progressively better responsibilities and roles, departing from Grumman as Controller and Director of Finance in 1995. Upon departing Grumman, Mr. Fred was appointed CFO, then CEO of CPI Aerostructures, serving there from 1995 to 2014. Immediately after retiring from CPI, Mr. Fred was the CEO of Orion Acquisition Corp, a publicly stated unique objective acquisition motor vehicle (“SPAC”) from 2014 to 2018.
Mr. Fred is a former member of the American Stock Exchange Mentioned Business Policy Council. He is also a former member of the New York Stock Trade Shown Firm Coverage Council. Mr. Fred is a graduate of Dowling College and gained his Master’s in Enterprise Administration from Hofstra University.
“We are incredibly happy to announce Mr. Fred’s appointment as our Main Economical Officer,” commented Scott Mahoney, CEO of Taronis Fuels. “Mr. Fred delivers a wealth of knowledge and management throughout accounting, finance, and the cash marketplaces. We appear ahead to partnering alongside one another as we head into 2021 with a range of near-term milestones at hand.”
“Mr. Fred not only brings lots of many years of knowledge to the group, but he is also highly familiar with Taronis alone. For over a calendar year, Mr. Fred has been engaged by Taronis Fuels to aid various regulatory facets of our spin-off from our previous guardian business. Most notably, Mr. Fred played a direct job in our listing process, fulfilling all regulatory and compliance specifications established forth by FINRA and the OTC Markets. It was his key involvement that designed our spin-off prosperous.”
“Equally importantly, Mr. Fred has intensive up-listing working experience, specifically with the New York Stock Trade. As a direct advisor through the up-listing application process, Mr. Fred has personally reviewed hundreds of web pages of Taronis’ company documents. He has witnessed practically each individual deal, all suitable Securities Exchange Filings, and assist for crucial press releases. He has a lengthy-standing and powerful doing the job connection throughout our team. With these kinds of depth and breadth of perception into our Corporation, I firmly consider Mr. Fred is perfectly-positioned to hit the ground working and support the Enterprise to provide its strategy.”
“I glimpse ahead to individually introducing shareholders to Mr. Fred at our impending shareholder city corridor, which will be introduced soon for the second half of January to go over the preliminary outcomes of operations for 2020, and our outlook for 2021,” concluded Mr. Mahoney.
About Taronis Fuels, Inc.
Taronis Fuels, Inc. is a world wide producer of renewable and socially dependable fuel merchandise. Our purpose is to deliver environmentally sustainable, technologies driven choices to regular fossil gas and carbon-based economic climate solutions. We believe our items provide a vastly cleaner solution to legacy acetylene and propane alternatives.
Taronis is also devoted to supplying essentially safer answers to satisfy the industrial, commercial and residential wants of tomorrow’s world financial system. Our items have been rigorously analyzed and independently validated by world wide fuel authorities as vastly safer than acetylene, the most perilous industrial gas in use nowadays.
Lastly, we attempt to supply merchandise that give considerable perform superiority at a minimized charge to the conclude shopper. Via these attempts, we aid 9 of the 17 United Nations Sustainable Enhancement Targets. For more information and facts, remember to check out our web page at www.taronisfuels.com/
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