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ZE-GEN
WELCOMES GEORGE MCMILLAN AS COO AND CFO
Boston, MA – April 29,
2008 – Ze-gen, Inc., a clean energy company
providing advanced gasification technology to convert waste streams
into synthesis gas and low emissions electrical energy, today announced
the addition of George
McMillan to the Ze-gen team. Mr. McMillan
is joining Ze-gen as Chief Operating Officer and Chief Financial
Officer.
Mr.
McMillan joined the company as a Director in
November 2004. Mr. McMillan has served in executive capacities for more
than 20
years.
His career
includes combined
experience in supply chain management, media, and technology directed
professional
services, with demonstrated excellence in both financial and business
operations.
Prior
to joining Ze-gen as its COO and CFO, Mr.
McMillan was President and CEO of The Palladium Group, a technology and
strategy consulting firm he helped found. Prior to joining Palladium,
George
was Chief Executive Officer of CMGI, where as both Chief Executive
Officer and
Chief Financial Officer, he successfully repositioned the financially
distressed internet company into a billion dollar leader in
supply-chain
management. He joined CMGI in July 2001 from BMG Direct, a unit of
Bertelsmann
A. G., where he served as President and Chief Executive Officer for
more than 4
years.
Before
joining BMG Direct, George served as
Chief Operating Officer and Chief Financial Officer of Renaissance
Solutions,
the technology and management consulting firm. There he helped guide
the firm
from 15 members to more than 300 professionals, and through three
public
offerings of its shares. He also guided Renaissance through 13
consecutive
quarters of rising revenue and accelerating profit and earnings per
share
performance.
Mr. McMillan earned his
M.B.A. with distinction from the Harvard
Graduate School of Business, his J.D. cum laude from Harvard Law School
and his A.B. in Economics, Phi Beta Kappa, from Stanford University.
About
Ze-gen, Inc:
Ze-gen
was founded
to develop and deploy advanced gasification technology which converts
renewable
biomass waste streams into energy and other beneficial
products with
virtually zero emissions. In addition to the environmental
problems
associated with conventional means of waste disposal, there is
considerable
energy content in ordinary waste streams. Industry data suggests that
in the United States
alone, over 50,000 megawatts of latent energy potential is unexploited
every
year as these waste streams are buried in landfills. Ze-gen is poised
to be the
market leader in the environmentally friendly re-purposing of these
waste
streams into renewable energy. For more information and to watch a
recent
Ze-gen feature on the Science Channel, visit www.ze-gen.com.
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