EverGen Infrastructure Announces CEO Transition, Names Ford Nicholson as Interim Executive Chair and Mischa Zajtmann as Interim CEO
EverGen (TSX.V: EVGN) (OTCQX: EVGIF), Canada’s renewable natural gas (“RNG”) infrastructure platform, has named two interim company leaders: Ford Nicholson as interim executive chair and Mischa Zajtmann as interim CEO and a director of the company. The company also announced that EverGen cofounder Chase Edgelow, who has served as EverGen CEO from the beginning and has been a member of the board of directors, has stepped down from those responsibilities to pursue other opportunities, although he remains as a strategic advisor. The changes were effective Sept. 22, 2023. Current chair of the board and EverGen cofounder, Nicholson has invaluable expertise in building and monetizing public-energy companies. He served as deputy chairman of InterOil Corporation and cofounded and served on the board of numerous other energy companies; he is also an active player in the global private equity space. Zajtmann, who also serves as EverGen president, has garnered impressive public-company leadership experience as well as an integrated legal, financial and strategic skill set. According to the announcement, Nicholson will be focused on several near-term opportunities where EverGen is seeking to unlock value through accretive growth while Zajtmann will concentrate on execution of near-term milestones, including completion of the RNG expansion at Fraser Valley Biogas and advancement of core projects. In addition, the company noted that Jamie Betts has been promoted from VP of operations to COO. “I am proud of the platform we have built here at EverGen as we have expanded our core asset base across Canada with a strong foundation for growth and value accretion,” said EverGen interim executive chair Ford Nicholson in the press release. “As we move to our next phase in our evolution, we are well positioned to deliver milestones and add to our foundational base. We are at a critical juncture and are poised to create long-term value for all our stakeholders. The anticipated completion of our Fraser Valley Biogas expansion in the fourth quarter of 2023 will represent a huge achievement. which our team is fully committed to delivering on budget. On behalf of the board of directors and the team at EverGen, I would like to thank Chase Edgelow for his leadership, vision and dedication in building EverGen. We wish him the very best going forward.”
To view the full press release, visit https://ibn.fm/bsu4v
About EverGen Infrastructure Corp.
EverGen, Canada’s renewable natural gas infrastructure platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer that acquires, develops, builds, owns and operates a portfolio of renewable natural gas, waste-to-energy and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond. For more information about EverGen and its products, visit www.EverGenInfra.com.
NOTE TO INVESTORS: The latest news and updates relating to EVGIF are available in the company’s newsroom at https://ibn.fm/EVGIF
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