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Verde Clean Fuels, Inc. Announces New CEO and Engagement of Financial Advisor to Evaluate Strategic Alternatives
Verde Clean Fuels, Inc. has appointed George Burdette as its new Chief Executive Officer, succeeding Ernie Miller, and has also engaged Roth Capital Partners as a financial advisor to explore strategic alternatives. These actions are part of the company’s ongoing restructuring and cost reduction initiatives, aiming to maximize shareholder value through potential mergers, sales, or licensing arrangements for its STG+ ® technology. Burdette, who previously served as CFO, will continue in that role while leading the company’s revised strategy.