CyberFuels Holding Company Announces Several Senior Leadership Changes
CyberFuels Holding Company (OTCID:CBRF) has announced significant leadership changes as it prepares for growth opportunities related to its Port Tampa Terminal joint venture and potential uplisting plans. Ronald Mills will retire as CEO after 24 years but remain Chairman of the Board. Kevin Plescha, former COO of CyberFuels Gateway Terminal, will become COO of the holding company and transition to CEO over several months.
Additional changes include John Lawrence moving to the new Chief Liaison Officer role, and the appointment of Jacob Borg as President of CyberFuels, Inc. Borg, who previously served as VP of Capital Markets at Index Investment Group, brings extensive experience in finance, capital structuring, and asset development.
CyberFuels Holding Company (OTCID:CBRF) ha annunciato importanti cambiamenti nella leadership mentre si prepara a opportunità di crescita legate alla joint venture del Port Tampa Terminal e a possibili piani di uplisting. Ronald Mills si ritirerà dalla carica di CEO dopo 24 anni, ma resterà Presidente del Consiglio di Amministrazione. Kevin Plescha, ex COO del CyberFuels Gateway Terminal, assumerà il ruolo di COO della holding e farà la transizione a CEO nel corso di alcuni mesi.
Altri cambiamenti includono il trasferimento di John Lawrence al nuovo ruolo di Responsabile delle Relazioni (Chief Liaison Officer) e la nomina di Jacob Borg a Presidente di CyberFuels, Inc. Borg, in precedenza vicepresidente dei mercati dei capitali presso Index Investment Group, porta con sé ampia esperienza in finanza, strutturazione del capitale e sviluppo degli asset.
CyberFuels Holding Company (OTCID:CBRF) ha anunciado cambios significativos en su liderazgo mientras se prepara para oportunidades de crecimiento relacionadas con la empresa conjunta del Port Tampa Terminal y posibles planes de uplisting. Ronald Mills se retirará como CEO tras 24 años, pero seguirá como presidente de la junta. Kevin Plescha, ex COO de CyberFuels Gateway Terminal, asumirá el puesto de COO de la holding y hará la transición a CEO en los próximos meses.
Otros cambios incluyen el traslado de John Lawrence al nuevo cargo de Director de Enlace (Chief Liaison Officer) y el nombramiento de Jacob Borg como presidente de CyberFuels, Inc. Borg, que anteriormente fue VP de Mercados de Capital en Index Investment Group, aporta amplia experiencia en finanzas, estructuración de capital y desarrollo de activos.
CyberFuels Holding Company (OTCID:CBRF)는 Port Tampa Terminal 합작 투자 및 잠재적 상장 상향(uplisting) 관련 성장 기회를 준비하면서 중대한 리더십 변화를 발표했습니다. Ronald Mills는 24년간 CEO로 재임한 후 은퇴하지만 이사회 의장(Chairman of the Board)직은 유지합니다. Kevin Plescha는 CyberFuels Gateway Terminal의 전 COO로서 지주회사의 COO로 임명되며 수개월에 걸쳐 CEO로 전환할 예정입니다.
추가 변경으로는 John Lawrence가 신설된 연락 총괄 책임자(Chief Liaison Officer) 역할로 이동하고, Jacob Borg가 CyberFuels, Inc.의 사장(President)으로 임명되었습니다. Borg는 이전에 Index Investment Group에서 자본시장 부문 부사장(VP of Capital Markets)을 역임했으며 금융, 자본 구조화 및 자산 개발 분야에서 풍부한 경험을 보유하고 있습니다.
CyberFuels Holding Company (OTCID:CBRF) a annoncé d'importants changements à sa direction alors qu'elle se prépare à des opportunités de croissance liées à sa coentreprise Port Tampa Terminal et à d'éventuels projets d'up‑listing. Ronald Mills prendra sa retraite en tant que CEO après 24 ans, mais restera président du conseil d'administration. Kevin Plescha, ancien COO de CyberFuels Gateway Terminal, deviendra COO de la holding et effectuera la transition vers le poste de CEO au cours des prochains mois.
Parmi les autres changements figurent la nomination de John Lawrence au nouveau poste de Chief Liaison Officer et la désignation de Jacob Borg comme président de CyberFuels, Inc. Borg, qui était auparavant VP des marchés de capitaux chez Index Investment Group, apporte une vaste expérience en finance, en structuration du capital et en développement d'actifs.
CyberFuels Holding Company (OTCID:CBRF) hat bedeutende Führungsänderungen angekündigt, während das Unternehmen sich auf Wachstumschancen im Zusammenhang mit dem Joint Venture am Port Tampa Terminal und mögliche Pläne für ein Uplisting vorbereitet. Ronald Mills wird nach 24 Jahren als CEO in den Ruhestand treten, bleibt jedoch Vorsitzender des Vorstands. Kevin Plescha, ehemaliger COO des CyberFuels Gateway Terminal, wird COO der Holding und soll im Laufe mehrerer Monate die Rolle des CEO übernehmen.
Weitere Änderungen umfassen die Versetzung von John Lawrence in die neue Position des Chief Liaison Officer und die Ernennung von Jacob Borg zum Präsidenten von CyberFuels, Inc. Borg, zuvor Vice President of Capital Markets bei Index Investment Group, bringt umfangreiche Erfahrung in Finanzen, Kapitalstrukturierung und Asset-Entwicklung mit.
- Strategic leadership restructuring aligns with company's growth plans and joint venture development
- Retention of experienced leadership with Mills continuing as Chairman ensures continuity
- Addition of Jacob Borg brings valuable finance and capital structuring expertise
- Company pursuing uplisting to more liquid trading platform
- Departure of long-term CEO could create temporary leadership transition challenges
- Multiple simultaneous leadership changes may impact operational stability
PALM BEACH GARDENS, FL / ACCESS Newswire / August 14, 2025 / CyberFuels Holding Company, Inc. (OTCID:CBRF) ("The Company") is pleased to announce that the Company has made the following Senior Leadership changes as it looks to meet the new opportunities posed to the Company as it finalizes its Port Tampa Terminal joint venture while also using its recent addition to the OTCID marketplace as the beginning of its process to uplist the Company's shares to a more liquid trading platform.
Mr. Ronald Mills, currently Chairman of the Board and Chief Executive Officer of the Company, has decided that after a 24-year career in those roles that it is time to retire from the day-to-day responsibilities of the Chief Executive Officer position once the transition process to the new CEO has been completed. After the transition, Mr. Mills shall continue to maintain his responsibilities as the Chairman of the Board of the Company.
Mr. Kevin Plescha, formerly the Chief Operating Officer and Terminal General Manager of CyberFuels Gateway Terminal, LLC., an indirect subsidiary of the Company, will assume the role of Chief Operating Officer of CyberFuels Holding Company. Additionally, Mr. Plescha will begin his transition to CEO of the Company over the next several months. In his expanded role, he will continue to report to Ronald Mills, Chief Executive Officer, but will assume a broader set of responsibilities and overall management duties of the Company.
"I'm thrilled about the opportunity to assume these added responsibilities," said Mr. Plescha. He added, "We anticipate that the prospects for the Company's success will expand and that the milestones surrounding the joint venture's completion will be a strong step in that direction."
Mr. John Lawrence, previously President of CyberFuels, Inc., has transitioned to the newly created Chief Liaison Officer role within the Company. This change has become necessary as the complexity of the Company's external relationships have changed significantly and are expected to continue to evolve as the joint venture develops and expands.
The Company is also pleased to announce that it has recently added Mr. Jacob Borg to its senior management team as the new President of CyberFuels, Inc. where he will be responsible for implementing strategic policies, overseeing the Port Tampa development, and advancing the Company's mission to deliver resilient, next generation fuel solutions across North America.
Mr. Borg brings a strong background in finance, capital structuring, and asset development to the Company. Prior to joining the Company, Mr. Borg served as Vice President of Capital Markets at Index Investment Group, where he was involved in large-scale real estate and infrastructure investments across North America. He has led multiple transactions across the energy, logistics, and real estate sectors, with a focus on structuring joint ventures, capital structure optimization, and advancing complex infrastructure initiatives. His approach combines institutional financial discipline with entrepreneurial execution, positioning assets for long-term growth and investor alignment.
Mr. Borg holds degrees in both Finance and Accounting from Northeastern University.
Mr. Ronald Mills, CEO of the Company, added "I am very excited about announcing these changes to our management structure of the Company which needs to move in synch with the overall changes in the strategic direction and accomplishments of the Company, itself. Once finalized, we believe that the joint venture will be considered a truly transformative event in the Company's history and will help propel the Company's future business opportunities."
About: CyberFuels Holding Company, Inc.
Our vision is to be the leading provider of sustainable energy solutions that bridge the gap from today's energy fuels to a better future. We are committed to offering our customers greener energy and sustainable eFuels that reduce their carbon footprint and promote environmental sustainability. We envision a future where our customers can rely on our products and services to power their homes, businesses, and communities without compromising on safety, reliability, or affordability. Our goal is to empower our customers to make responsible and informed choices that will benefit themselves, their communities, and the environment. Through innovation, collaboration, and a commitment to sustainability, we seek to create a brighter, cleaner, and more sustainable future for generations to come. Currently, CyberFuels sells "All-In-One" fuel additives for gasoline, diesel, and marine fuels under the tradename, "Dynamo ™".
Safe Harbor:
Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will likely result," "expected to," "will continue," "look forward," "anticipated," "estimate," "projected," "intends," "plans," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, including but not limited to, economic conditions, dependence on management, dilution to shareholders, lack of capital, changes in laws or regulations, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth, demand for products and services of the Company, newly developing technologies, its ability to compete, conflicts of interest related to related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition, the ability of the Company to obtain additional financing, the financial implications of a joint venture structure, as well as its ability to attract and contract with potential storage customers. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.
Contact:
Bill Robertson
Ph. No. 604.837.3835
SOURCE: CyberFuels Holding Company, Inc.
View the original press release on ACCESS Newswire
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