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Tuesday, March 15, 2022 12:40:52 PM
Louisville, Colorado, March 15, 2022 (GLOBE NEWSWIRE) -- CEA Industries Inc. (NASDAQ: CEAD), a leader in controlled environment agriculture (CEA) systems engineering and technologies, announced today the appointment of Ian K. Patel as Chief Financial Officer and Treasurer of the Company, effective March 11, 2022.
“Ian brings a proven track record of delivering results and accelerating growth, and our Board of Directors and I are thrilled to welcome him to the executive management team,” said Tony McDonald, CEA Industries Chairman and CEO. “Ian’s extensive experience advising and leading organizations in their finance activities will serve our company and our shareholders well.”
Mr. Patel has extensive experience as a financial leader, having held several executive roles in the energy sector and investment companies and spearheading improved processes to their financial models and risk management compliance.
“I am excited to step into the CFO role at CEA Industries to support the company in its continued execution of its strategic plan, to accelerate growth and to deliver value to its shareholders,” said Mr. Patel.
Biographical Details
Ian Patel was most recently the Consultant CFO for Maxwell Financial Labs, Inc., a B2B SAAS mortgage servicer. At Maxwell he advised the company on their accounting and risk management processes, long and short-term financial models and led their capital raising efforts for subsidiary businesses.
Prior to Maxwell, he served as Vice President of Finance, Treasury and Investor Relations for Fourpoint Energy LLC, a $5 billion multi-strategy energy enterprise. At Fourpoint Energy he led finance, planning and risk management.
Before Fourpoint Energy, Mr. Patel served as CFO at True Oil Company, LLC / S&A Resources LLC, a private equity-backed oil and gas company. Prior to True Oil he was Director of Investment Banking at Citigroup Global Energy where he provided strategic advice to energy companies on issues including capital structure, M&A, and debt/equity capital raises.
Other positions Mr. Patel has previously held include Investment Banking Associate for Goldman Sachs & Co., and Corporate Lawyer, Mergers and Acquisition, for Debeovoise & Plimpton, LLP.
Mr. Patel holds an MBA from The Wharton School and a Juris Doctorate from Harvard Law School.
Recent CEAD News
- CEA Industries Inc. Reports First Quarter 2024 Results and Provides Update on Strategic Review Process • GlobeNewswire Inc. • 05/14/2024 08:50:00 PM
- CEA Industries Inc. Reports Fourth Quarter and Full Year 2023 Results • GlobeNewswire Inc. • 03/28/2024 08:10:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/14/2024 01:05:03 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:04:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:04:56 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/03/2024 09:04:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/18/2023 10:19:04 PM
- Form SC 13D - General statement of acquisition of beneficial ownership • Edgar (US Regulatory) • 11/30/2023 09:00:22 PM
- CEA Industries Inc. Reports Third Quarter 2023 Results • GlobeNewswire Inc. • 11/14/2023 09:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/14/2023 09:00:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/31/2023 09:27:27 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 10/26/2023 08:26:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/13/2023 03:01:38 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 10/11/2023 06:45:32 PM
- CEA Industries Inc. Reports Second Quarter 2023 Results and Initiates Review of Strategic Alternatives • GlobeNewswire Inc. • 08/14/2023 08:05:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:00:46 PM
- CEA Industries Inc. to Hold Second Quarter 2023 Conference Call on August 14 at 4:15 p.m. ET • GlobeNewswire Inc. • 08/07/2023 12:00:00 PM
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