Business
Ecolomondo Appoints Gary Economo as CEO, Eliot Sorella to Remain as Executive Chairman
(TheNewswire) Montreal, QC, May 1, 2024 – TheNewswire – Ecolomondo Co...
About this update from Ecolomondo Corporation
[{"type":"text","content":"Ecolomondo Appoints Gary Economo as CEO, Eliot Sorella to Remain as Executive Chairman \n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Montreal, QC, May 1, 2024 –\n \n \n TheNewswire –\n \n \n Ecolomondo Corporation\n \n \n (TSXV: ECM) (OTCQB:\nECLMF) (the “\n \n \n Company\n \n \n ” or “\n \n \n Ecolomondo\n \n \n ”), a\ncleantech company that designs, builds, operates and commercializes\nThermal Decomposition turnkey plants using its proprietary Thermal\nDecomposition Process (“\n \n \n TDP\n \n \n ”) recycling technology,\n \n \n is pleased to announce the appointment of Mr. Gary Economo as\nChief Executive Officer, effective immediately.\n \n \n \n \n Mr. Economo is an accomplished senior executive with\ndemonstrated year-after-year success achieving revenue, profit and\nbusiness-growth objectives within startup, turnaround and changing\nmarkets. Mr. Economo is a results-oriented, and dynamic leader with\nproven success in new market identification, corporate efficiency and\nstrategic positioning for multi-million-dollar private and publicly\ntraded technology, advanced materials, and resource corporations. Mr.\nEconomo has raised substantial capital for companies and brings more\nthan four decades' experience in international finance, mergers, and\nacquisitions and has a proven track record in driving profitability\nthrough innovation, productivity, revenue increases, and cost control.\nHe has also served on several boards of TSX, TSXV and CSE-listed\ncompanies.\n \n \n \n \n Mr. Eliot Sorella will take on the role of Executive\nChairman and retain the position of Chairman of the Board of Directors\nof the Company. He acquired Ecolomondo when it was still a cleantech\nR&D project in 2008, he financed its development and\ncommercialization, listed it on the TSX Venture and OTCQB exchanges\nand help make Ecolomondo one of the global leaders in its industry. As\nExecutive Chairman, Mr. Sorella will focus on the global expansion of\nthe Company while supporting the new CEO in the corporate development\nand to achieve the Company’s strategic objectives.\n \n \n \n \n Concurrent with the appointment of Mr. Economo and\nsubject to the acceptance of the TSX Venture Exchange where\na...