White Energy appoints new CEO

Texas-based biofuels producer White Energy has appointed Greg Thompson as president and CEO.

Thompson, 44, was one of the original founders of Verdesian Life Sciences, a North Carolina-based agricultural technology company specialising in nutrient use efficiency technologies. 

As president and chief operating officer, he led the acquisition and integration of six companies to expand Verdesian’s global market presence. 

“Greg is a proven leader with the experience and passion to take White Energy to the next level,” said James Continenza, chairman of White Energy.

“He is a strategic thinker with a strong track record of successfully implementing business strategies and process improvements to grow businesses. We are excited to welcome him to the White Energy team.”

Chief operating officer Grant Johanson, who served as White Energy’s interim CEO, will remain with the company. “We would like to thank Grant for his leadership during this transition period,” Continenza said.

“The growth of America’s biofuels industry presents tremendous opportunities for White Energy,” Thompson said.

He added: “Given the quality of our employees and the strength of our production capabilities, we are well positioned to play a significant role in the future of this industry. I’m looking forward to helping White Energy take full advantage of new and existing market opportunities.”

Thompson spent the first ten years of his career with BASF. He later assumed leadership roles with a number of successful start-up companies where he worked closely with private equity investment firms to grow revenues and build value.

He is a 1995 graduate of The Pennsylvania State University and has completed executive leadership courses at Harvard University, Columbia University and other leading academic institutions.

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