On Thursday, a number of stocks had come on to the radars of investors and clocked notable gains. One of those was the Methes Energies International Ltd (OTC:MEIL) stock, which ended up with gains of 4% amidst significant interest.
New Addition to the Board
Methes Energies International announced yesterday that it had made an addition to its board of directors with the appointment of Bruce Marley. However, that was not all. Marley would also take up the position of the Chief Commercial Officer.
In the news release, the company stated that Marley was a seasoned player in the industry and held a number of management and executive positions at some of the biggest companies. Some of the companies in which he worked include Anderol, British Petroleum, Biosynthetic Technologies, and Chemtura. Most recently, he worked at Chemtool/Lubrizol.
Important Addition
In the news release, it was also noted that everyone at Methes Energies International was excited at the prospect of having brought a seasoned and respected business leader Marley to the board. It was also noted that he possessed considerable knowledge of the industry, having worked in the lubricants, chemicals, and base oil spaces for more than 3 decades. The appointment appeared to have been welcomed positively by investors, and it is now going to be interesting to see if the Methes Energies International stock adds to its gains today or not.
Key Quote
“We are extremely excited to bring aboard a well-respected and successful leader such as Bruce. His vast industry knowledge with over 30 years of experience in lubricants, base oils, and chemicals will greatly assist our organization to fully develop our strategic road map and to execute against our vision to become a leader in the environmentally friendly lubricants landscape,” said Carol Loch, CEO and Chairman of Methes. “The addition of his strategic insights combined with his broad industry background will help to exponentially expand the foundation for our environmentally acceptable lubrication category, crucial for our continued success.”
