Clean
Energy Fuels Corp. (NASDAQ: CLNE)
announced today that Robert Vreeland has been appointed Chief Financial
Officer effective immediately.
“Bob brings a wealth of financial planning, analytics and accounting
experience to the position of CFO as well as having gained a deep
knowledge of Clean Energy and the overall natural gas fueling industry
over the last few years,” said Andrew J. Littlefair, President and CEO
of Clean Energy. “I look forward to partnering with Bob as we keep Clean
Energy on the path of continued strong growth with sound financial
practices that are taking us closer to profitability.”
Mr. Vreeland served as Vice President of Finance and Accounting at Clean
Energy from 2012 to 2014. Before joining Clean Energy, he was a
consultant at RV CPA Services, PLLC, a provider of certified public
accounting services. From January 1997 to May 2009, Mr. Vreeland held
various finance and accounting positions at Hypercom, including Interim
CFO; Senior Vice President and Corporate Controller; Senior Vice
President, Operations; and Vice President of Financial Planning and
Analysis. Prior to joining Hypercom, he spent twelve years at Coopers &
Lybrand. Mr. Vreeland earned a B.S. from Northern Arizona University and
is a certified public accountant.
Mr. Vreeland is replacing Richard Wheeler who served as Clean Energy’s
CFO from 2002 to 2014. Mr. Wheeler resigned his position with Clean
Energy effective November 3, 2014 and plans to pursue other interests.
“Rick has been a valuable part of Clean Energy’s rapid growth which has
resulted in us becoming the leader in the country’s natural gas vehicle
fuel market,” said Mr. Littlefair. “I will miss his sound financial
counsel and his ability to make complex transactions seem simple. We
wish Rick the very best.”
About Clean Energy Fuels Corp.
Clean Energy Fuels Corp. (Nasdaq: CLNE) is the leading provider of
natural gas for transportation in North America. We build and operate
compressed natural gas (CNG) and liquefied natural gas (LNG) fueling
stations; manufacture CNG and LNG equipment and technologies for
ourselves and other companies; develop renewable natural gas (RNG)
production facilities; and deliver more CNG, LNG and Redeem RNG fuel
than any other company in the U.S. For more information, visit www.cleanenergyfuels.com.
Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934 that involve risks, uncertainties
and assumptions, including without limitation statements about Clean
Energy’s anticipated future growth and financial results and the
integration and fit of newly hired personnel. Actual results and the
timing of events could differ materially from those anticipated in these
forward-looking statements as a result of several factors, including,
without limitation, market acceptance and growth of natural gas as a
vehicle fuel, prices of natural gas, general economic conditions and
other factors that may affect the Clean Energy’s future performance and
financial results, and the ability of new personnel to work efficiently
and effectively with the Clean Energy’s management team. The
forward-looking statements made herein speak only as of the date of this
press release and, unless otherwise required by law, Clean Energy
undertakes no obligation to publicly update such forward-looking
statements to reflect subsequent events or circumstances. Additionally,
the reports and other documents Clean Energy files with the Securities
and Exchange Commission (available at www.sec.gov)
describe risk factors that may cause actual results to differ materially
from the forward-looking statements contained in this press release.
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