Fort Lauderdale, Florida
December 17, 2013
FOR IMMEDIATE RELEASE — CLEANCOR Energy Solutions LLC (“CLEANCOR”) today announced the appointment of Jeffrey R. Woods as Chief Executive Officer and the appointment of Eric Roberts as Chairman of CLEANCOR’s Advisory Board.
As CEO, Woods will be responsible for defining and executing CLEANCOR’s strategy and leading the company’s investments in and building of growth businesses across the clean energy landscape with a near-term focus on opportunities related to compressed and liquefied natural gas as a cleaner, more economic alternative to legacy petroleum-based fuels in transportation, logistics and industry.
Prior to joining CLEANCOR, Woods co-founded and was President and CEO of Northville Natural Gas LLC (“Northville”), a company that designs, builds and operates public access CNG fuel stations for heavy duty trucking fleets. Prior to Northville, Woods was a Managing Director at JPMorgan Chase, where he spent over six years in a variety of leadership roles including serving as Chief Financial Officer of J.P. Morgan’s Global Investment Banking business and as head of corporate strategy. Prior to JPMorgan Chase, Woods was a management consultant with McKinsey & Company.
Woods said “I’m excited to join CLEANCOR and spearhead our aggressive investment agenda to help build leading businesses and deliver innovative products and financial solutions to the smart energy marketplace. Having worked closely with fleets on CNG and LNG station development during the last two years, it became clear to me that most fleets need a partner with deeper financial resources to support an integrated approach for station development, fleet conversion, financing and, in many cases, the development of new liquefaction capacity. CLEANCOR is well positioned to partner on these opportunities and beyond.”
CLEANCOR’s Chairman, Eric Fabrikant, said “Jeff brings to CLEANCOR a unique combination of strategy, business development and capital markets skills along with hands-on experience building an operating company in one of our target markets. The Board is excited to have him assume this critical leadership role as the company embarks on an ambitious investment agenda.”
CLEANCOR also announced the appointment of Eric Roberts as Chairman of CLEANCOR’s Advisory Board. Roberts is Chairman and CEO of AA Truck Renting Corp, a leading truck leasing and rental company serving the New York metropolitan area for over 90 years, and with terminals along the Atlantic coast and southern U.S. As Chairman of the Advisory Board, Roberts will be responsible for advising CLEANCOR’s Board of Directors and executive management team on opportunities to introduce innovative customer-centric solutions that will help accelerate the marketplace’s migration from diesel fuel to cleaner, cheaper natural gas fuels.
About CLEANCOR
CLEANCOR Energy Solutions LLC is a joint venture of SEACOR Holdings Inc. and Balfour Investors Inc. focused on financing, investing in and building businesses that provide solutions or otherwise enable the migration of transportation, logistics and industry from legacy petroleum-based fuels to smart, cleaner alternative energy sources.
For more information, contact Molly Hottinger at (954) 627-5278 or visit the Company’s website at: www.cleancorenergy.com.
