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Gevo appoints David George as senior vice president of Verity Tracking

Published: 10:15 04 Jan 2022 EST

Gevo Inc -
Before joining Gevo, George served as the chief commercial officer at Xpansiv Inc, a leading enterprise ESG blockchain infrastructure company

Gevo Inc (NASDAQ:GEVO) has announced the hiring of David George as senior vice president of its Verity Tracking unit. 

Gevo said George brings over 20 years of experience in technical commercial and business development leadership with a particular emphasis on blockchain technology.

Before joining Gevo, he served as the chief commercial officer at Xpansiv Inc, a leading enterprise ESG blockchain infrastructure company, where he was responsible for building the market and product strategy for the very first blockchain-enabled tokenized commodities platform. He also served as the chief commercial officer at Gem, Inc where he helped establish and launch some of the very first enterprise blockchains globally.

READ: Gevo hires Staci Bogue-Buchholz as site and process optimization leader at its Luverne facility

“Dave is a seasoned executive who brings a deep technical, product, and market expertise to the table,” Gevo chief carbon officer and chief innovation officer Dr Paul Bloom said in a statement.

“We’re very lucky to have him at the head of this blockchain initiative as we spin-off Verity. Additionally, Dave will lead program development efforts between Gevo and Blocksize Capital to meet carbon tracking objectives, as well as deliver on existing programs for the needs of Net-Zero 1 and Gevo's Billion Gallon Initiative," he added.

Gevo noted that George will manage the launch and strategy development for Verity Tracking, a blockchain technology for tracking sustainability, building trust, and setting the standards for the growing industry. 

Verity is expected to use smart contracts on a distributed ledger technology platform to track, document, and verify the value of sustainability. The system is also anticipated to enable a level of sustainability assurance that has not yet been seen in the market.

The company said George will work closely with Gevo’s senior management and external stakeholders to grow the platform into a standalone corporate entity for carbon accounting.

“It’s an honor to join ranks with Dr Bloom and his team, and Verity Tracking is an immensely valuable project,” George said. “I’m eager to create a project pipeline, build strategic alliances, and maximize Verity’s growth and efficiency.”

Gevo is focused on transforming renewable energy and carbon into energy-dense liquid hydrocarbons. These liquid hydrocarbons can be used for drop-in transportation fuels such as gasoline, jet fuel, and diesel fuel, that when burned have the potential to yield net-zero greenhouse gas emissions.

The company is also working on addressing other environmental problems like plastics, and polyesters with its technology. 

Contact the author at stephen.gunnion@proactiveinvestors.com

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