Vertex Energy Announces Management Transition


   
    

    

   OAKHURST, N.J. (DTN) --- Vertex Energy, Inc. today announced that Doug Haugh 
is stepping down from his role as the company's chief commercial officer but 
has agreed to provide continued support throughout the rest of this year as a 
senior corporate advisor.

   Vertex also announced that Joshua Foster has been appointed as CFO and that 
Benjamin P. Cowart, CEO, will assume interim chief operating officer duties.

   "We are grateful for Doug's leadership and contribution to Vertex over the 
last year and half. Doug was brought on board to launch the Company's 
commercial strategy and to build our team as we prepared to take on the 
trading, supply and risk management capabilities we needed to support our 
business. An essential part of that work was getting Josh Foster onboard as 
Vertex's Director of Commercial Optimization and Risk Management," said Cowart. 
"We look forward to Doug's continued support as a senior corporate advisor to 
the Company as he continues to mentor and advise our leadership team."

   Cowart continued, "I am pleased to see Josh stepping into the role of Chief 
Commercial Officer and believe that his experience in rack marketing and crude 
origination will drive the success of our commercial efforts over the next 
several years. His efforts this past spring to improve the value of our jet 
fuel production have proven very beneficial and I look forward to continuing to 
build on that success. Josh brings nearly two decades of experience in 
commercial operations, most notably working with Delta Airlines, restructuring 
their operations, improving netbacks, and building a wholesale rack market for 
finished fuels from the ground up."




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