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Advanced Emissions Solutions (NASDAQ: ADES) appointed Laurie A. Bergman to its Board of Directors, effective immediately. Bergman, who will chair the Audit Committee, fills a vacancy left by Taylor Simonton's resignation ahead of the annual meeting on June 13, 2023. Currently the CFO of Liquid Environmental Solutions, Bergman brings extensive financial expertise and experience in the environmental solutions industry. CEO Greg Marken emphasized her role in advancing ADES's strategy toward becoming a leading environmental technology company. The company praised Simonton's nine years of service, highlighting his impact on the company's restructuring and acquisitions.
Bergman holds a CPA and CMA designation and has previously worked at UGI Corporation and AmeriGas, among other financial roles.
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) announced the successful sale of Marshall Mine LLC to Caddo Creek Resources Company for $2.2 million, which includes the assumption of a $4.9 million asset retirement obligation. This transaction results in a gain of approximately $2.7 million for ADES.
The sale aims to strengthen the company's balance sheet and enhance its operational focus on growth plans. CEO Greg Marken expressed optimism about this strategic move, emphasizing its importance for ADES's vision of becoming a leading diversified environmental technology company in 2023.
Advanced Emissions Solutions, Inc. (NASDAQ: ADES) announced that its CTO, Joe Wong, will present at EnviroWorkshops on March 14 in Boston and March 16 in Detroit, focusing on activated carbon for PFAS remediation. PFAS, known as 'forever chemicals,' pose significant environmental risks. Wong emphasized the company's commitment to developing innovative technologies to address PFAS contamination through its subsidiary, FluxSorb, LLC. EnviroWorkshops is a leading global platform for environmental training, featuring over 100 speakers on critical topics including remediation and air quality.