Cleantech adds new director
June 21, 2012, St. Louis, MO - CleanTech Biofuels, Inc. has appointed James E. Russell to its Board of Directors, bringing the total number of directors to six.
June 21, 2012 By Global Newswire
June 21, 2012, St. Louis, MO – CleanTech Biofuels, Inc., an early stage development company focusing on producing cellulosic
biomass from municipal solid waste for conversion to renewable energy,
advanced biofuels, and bio-based chemicals, has appointed James E. (Jim)
Russell to its Board of Directors. This appointment adds a seat to the
board, bringing the total number of directors to six.
Mr. Russell has been a leader in the development and growth of high
technology companies while serving as a corporate officer, Board member,
and senior advisor. He is an expert in the design, development, and
implementation of information and communication systems along with
associated business processes and the application of information
technology and operations research methods.
For 35 years, he was a leader in business development at Science
Applications International Corporation (SAIC, Inc.). During this period,
Mr. Russell made significant contributions to the company's growth from
a start-up to over $6 billion in annual revenue. In his early years at
SAIC, he managed departments and divisions in information technology,
operations research and quantitative analysis. He personally led dozens
of successful projects. During his last 25 years at SAIC, Mr. Russell
served at the corporate level as Senior Vice President, with a major
role in the development of new vertical markets in areas such as
transportation, health care, national defense and law enforcement. He
led major competitive marketing and proposal efforts resulting in many
new contracts with the largest being over $1 billion. His corporate
business development activities span systems for defense technology,
medical information, physical and cyber security, alternative energy,
document-imaging, geographic information, wireless systems,
telecommunications and others.
For the last six years as an independent consultant, Mr. Russell has
continued to assist SAIC in its growth to $11 billion in annual revenue
with over 40,000 employees. He has advised over 100 small businesses in
technology transition and commercialization. Mr. Russell provides
consulting services for both profit and non-profit organizations in
corporate development, advanced technologies transition and methods for
capturing major programs or securing investments. This includes work on
both national and international initiatives, and programs in
hospitality, energy recovery, information technology,
telecommunications, physical and cyber security, wireless and
identification systems. He serves as an independent consultant for the
Foundation for Enterprise Development (FED), a non- profit organization
working under contract for the Defense Research Projects Agency (DARPA)
mentoring small businesses in technology transition and
commercialization. A recent area of focus has been an analysis of
emerging alternative energy systems.
Mr. Russell graduated from the University of Idaho with a BS in
Electrical Engineering and continued his education with graduate studies
in mathematical statistics at American University. In April, 2012 he
was inducted as a distinguished engineer into the University of Idaho
Academy of Engineers and continues to serve on the President's Circle.
"We are very excited to welcome Jim to our Board of Directors. His many
years of experience in technology development and commercialization
combined with his deep experience in business development will be
invaluable as we explore multiple commercial options for the use of our
biomass and transition our business towards commercialization," said
Edward Hennessey, Chairman and CEO of CleanTech Biofuels.
About CleanTech Biofuels, Inc.
CleanTech Biofuels, Inc. is an early-stage development company with
patented technology designed to produce cellulosic biomass derived from
municipal solid waste for conversion into renewable energy, advanced
biofuels and bio-based chemicals while achieving advanced recycling. For
more information on CleanTech Biofuels, Inc., please visit:
Print this page