News out! This is the best news that FSNR could have.
Both Mr McGhan and Mr Johnston have built Billion Dollar companies; and they would not be taking the positions they took unless they knew for certain that Petrozene is a big winner, with major companies in the oil and gas industry having indicated that they need and want the product. They have the inside information.
Mr McGhan is both the new CEO and Chairman of the Board, and Mr Johnston as a board member.
"From 1991 to August 2002, Mr. McGhan was a co-founder, President and Chief Executive Officer of Hanover Compressor Co. (now Exterran Holdings, Inc.). Hanover became the largest natural gas compression company in the world with approximately 7,000 compression rental units in the field, and annual revenues over $1.1 billion. In August 2004, Mr. McGhan along with his partners co-founded Valerus Compression Services LLP. Mr. McGhan served as co-CEO and ultimately Vice-Chairman of the company until December 2009. Mr. McGhan and his partners built Valerus into one of the world's leading providers of natural gas treatment and compression equipment and services to the global oil and gas industry."
"Gerald Johnston began his career with Tyson Foods in 1970 as the cost and budgeting manager and worked his way to becoming CFO in 1981. Mr. Johnston was instrumental in the growth of Tyson Foods and played a key role in many successful acquisitions. Additionally, Mr. Johnston's financial ingenuity helped Tyson Foods become one of the best financed companies which contributed to the tremendous growth they achieved throughout the years."
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