CORE BioFuel has recently been re-structured. New ownership and management brings to CORE a seasoned team with expertise in renewable fuels, renewable energy, petrochemicals, financing and management.
Additional positions in the Team will be filled as required. The current executives include:
Mr. Arsenych is Chairman and CEO of CORE BioFuels. He has over 30 years of experience in negotiations and business development in the energy industry, both in Canada and offshore. He brings to CORE his experience in corporate governance, organization and market positioning. His industry contacts will help ensure CORE technology plays a significant role in the emerging renewable fuels industry throughout the globe.
He has worked for Triton Energy, Texaco Canada, Canterra Energy (now Husky Energy), and Saskoil (now Nexen). Mr. Arsenych is President and CEO of Arsenych & Co. Ltd., a company he founded to help developing companies in the energy and renewable fuels industries. He is also President and CEO of Petro Verde Energy Inc., a private oil and gas development company based in Alberta, Canada. Petro Verde is utilizing sustainable practices and technologies to extract hydrocarbon resources from existing fields at a greatly reduced environmental impact. Mr. Arsenych is a serial entrepreneur -- Petro Verde is his fifth successful oil and gas start-up.
Mr. Arsenych is a co-founder and director of Kyoto Fuels Corporation, a private biofuels company based in Alberta, Canada. Kyoto Fuels was the first biodiesel plant in Canada to utilize mixed oil feedstock, and is currently undergoing restructuring.
Mr. Arsenych is Chairman Emeritus of Light Up the World Foundation (“LUTW”), a non-profit organization based in Calgary that promotes renewable energy projects in developing communities around the globe. He also taught petroleum economics and strategy at the University of Calgary and in private seminars. He also has given numerous speeches and presentations in the areas of petroleum and renewable energy.
Mr. Arsenych has extensive experience in corporate governanace. Read more about his expertise on the Board of Directors page of this site.
Donald H. Sigler, Jr.
Chief Financial Officer
Mr. Sigler has been Chief Financial Officer and consultant to CORE since May, 2010, and is a member of the Board of Directors. He has been a consultant in the capital markets since 1980 and over the past twenty-five years has been instrumental in arranging financial equity and debt transactions for public companies and early stage development firms totaling over $100 million.
From 1997 to 2003, Mr. Sigler was Chairman of the Board and Consultant to Innovative Coatings Corporation, a publicly held company located in Kennesaw, Georgia. From 1994 to 1996 he was Chairman of the Board and a founder of World Net Holdings, Inc., a publicly held company in Atlanta, Georgia. From 1990 to 1996, he was Chairman of the Board and a founder of Credit Depot Corporation, a publicly held company headquartered in Gainesville, Georgia. From 1980 until 1989, Mr. Sigler was Vice President of Gulf States Mortgage Corporation, a privately-held firm located in Atlanta, Georgia. He now resides in Whitefish, Montana.
Mr. Sigler is a graduate of the Georgia Institute of Technology (Georgia Tech), Atlanta, Georgia, with a Bachelor of Science degree in Industrial Management.