Cielo Announces Appointment of Chief Financial Officer
Rhea-AI Summary
Cielo Waste Solutions (OTCQB: CWSFF; TSXV: CMC) announced the appointment of Ivy Chan as Chief Financial Officer, effective September 1, 2026, succeeding Jasdeep K. B. Dhaliwal. According to Cielo, Chan brings over 25 years of experience across upstream, midstream and downstream energy, with a background in mechanical engineering and an MBA from the University of Calgary.
She has led large-scale strategic projects in energy transition, infrastructure, petrochemicals, CCS and pipelines, and has facilitated commercial and joint venture arrangements from origination through financial close. Cielo develops clean fuels projects in North America, anchored by its Project Nahoonai in Prince George, British Columbia.
Positive
- New CFO appointed effective September 1, 2026, providing leadership continuity in finance
- 25+ years energy sector experience across upstream, midstream, downstream and energy transition projects
- Project finance and JV experience from origination through financial close, including securing capital and structuring agreements
Negative
- Prior CFO Jasdeep K. B. Dhaliwal departs effective September 1, 2026, creating an executive leadership change at the finance function
AI-generated analysis. How Rhea-AI works. Not financial advice.
CALGARY, Alberta, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”) today announced the appointment of Ivy Chan as Chief Financial Officer of the Company, effective September 1, 2026.
The appointment follows the previously announced departure of Jasdeep K. B. Dhaliwal as Chief Financial Officer, effective September 1, 2026. The Company again thanks Ms. Dhaliwal for her contributions and support and wishes her well in her future endeavours.
Ryan C. Jackson, Chief Executive Officer of Cielo, commented, “Ivy brings a rare combination to the role. She is an engineer by training with an MBA and experience on large capital projects, which means she understands both what we are building and how it gets financed. That is exactly the skill set required as we advance our portfolio of clean fuels projects.”
Ms. Chan holds a B.Sc. in Mechanical Engineering and an MBA from the University of Calgary. She brings over 25 years of experience across the upstream, midstream, and downstream sectors, leading large-scale strategic projects across energy transition, infrastructure, and petrochemical sectors. She has facilitated commercial and joint venture arrangements for upstream oil and gas projects and has experience advancing project development from origination through financial close—structuring commercial agreements, securing capital, and aligning cross-functional teams, institutional investors, government agencies and Indigenous partners. Ms. Chan is recognized for translating strategic ambiguity into executable plans and delivering disciplined results across energy transition, CCS (carbon capturing and storage), petrochemicals, pipelines, and infrastructure.
ABOUT CIELO
Cielo Waste Solutions Corp. is a clean fuels project development company advancing sustainable aviation fuel and other low-carbon energy projects across North America. Through the Nexus Platform, Cielo combines strategic feedstock partnerships with proven third-party technologies to develop a scalable pipeline of waste-to-fuels projects, anchored by its flagship Project Nahoonai in Prince George, British Columbia.
Cielo’s shares are listed on the TSX Venture Exchange under the symbol CMC and on the OTCQB under the symbol CWSFF.
For further information, please contact:
Cielo Investor Relations
Ryan C. Jackson, President & CEO
Phone: (403) 348-2972
Email: investors@cielows.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release may contain certain forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements regarding the anticipated role, responsibilities, contributions and benefits of the appointment of Ms. Chan as Chief Financial Officer.
Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors, many of which are beyond the control of Cielo, that may cause actual results, performance or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements, including risks relating to the appointment of Ms. Chan and the Company’s management transition. Any forward-looking statements are made as of the date hereof and, except as required by law, the Company assumes no obligation to publicly update or revise such statements to reflect new information, subsequent events or otherwise.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
