Global renewable fuels leader Anaergia has announced the appointment of Brett Hodson as chief executive officer (CEO) succeeding the company's founder and chairman, Dr Andrew Benedek as CEO, effective as of 20 June. Benedek will continue to serve as chairman of the company's board of directors.
Anaergia said that Hodson brings a wealth of relevant experience to his role at Anaergia, which spans a range of businesses and sectors - including building, managing and leading a portfolio of water, wastewater and energy infrastructure businesses.
He also has deep expertise in the areas of wholesale product distribution, retail services, construction, and manufacturing, according to the company.
Hodson was the president and CEOof Corix Infrastructure Inc., a utility infrastructure company.
Under his leadership, the company grew by more than 10 times in an eight-year period, reaching more than $650 million (€594 million) in revenues and growing assets under management to over $1.5 billion (€1.3 billion).
Corix was subsequently purchased by a large Canadian pension fund. Following his tenure at Corix, Hodson founded Sunshine Pier Capital Inc., a consulting and private equity firm.
Hodson has a master's degree in Business Administration from the Ivey Business School at the University of Western Ontario, a Bachelor of Arts in Psychology and a certificate in Liberal Arts from Simon Fraser University.
"I am thrilled to have joined Anaergia and to lead it during its next phase," said Hodson. "This company has enormous potential, and I am excited to have the opportunity to help build it into the world's leading renewable fuel producer and developer, while enhancing value for shareholders.
"The reason I chose to be a part of this company is because I firmly believe in Anaergia's technical prowess to drive significant positive change for the environment while also meeting or exceeding the expectations of our shareholders," he added.
"Brett's appointment represents a pivotal moment for our company as we chart our path for our next phase of growth," said Benedek. "I am completely confident in handing over the senior leadership role in the company to him after having seen him build Corix into a highly profitable water and energy infrastructure company.
"With Brett Hodson and Andrew Spence, our CFO, on board, we now have a new team with significant infrastructure development experience. As a team, we have agreed together to review all aspects of the business to align with Anaergia's recently announced asset-light strategy and ensure that our financial targets are set correctly under this strategy going forward," concluded Benedek.
"One year ago, Andrew told the Board that on his eightieth birthday he would like to hand over the CEO position," said Frank McKenna, Anaergia director and chair of the governance compensation and nomination committee. "We are proud to have found a truly capable person to take over from Andrew who will bring exceptional financial and strategic leadership skills to our company."
Anaergia appoints new CEO
