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General Enterprise Ventures Strengthens Board with Appointment of Experienced Strategy and Investment Executives Lorenzo Calinawan and Craig Huff

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General Enterprise Ventures (OTC:GEVI) appointed Lorenzo Calinawan and Craig Huff as independent directors, effective October 15, 2025, expanding the board from three to five directors. The company said this change brings the board into alignment with the NYSE independent director standard.

Calinawan brings transaction and sector expertise, having advised on more than $90 billion of completed deals and previously held senior roles at Citibank, Piper Sandler and SK Capital Partners. Huff is a founder of BoltRock Holdings and a significant company shareholder, with prior leadership at Reservoir Capital and service as a U.S. Navy nuclear engineer.

The appointments are presented as intended to strengthen governance and support scaling the company and its CitroTech solution.

General Enterprise Ventures (OTC:GEVI) ha nominato Lorenzo Calinawan e Craig Huff come membri indipendenti del consiglio, con effetto dal 15 ottobre 2025, ampliando il consiglio da tre a cinque membri. L'azienda ha detto che questo cambiamento allinea il consiglio allo standard di direttori indipendenti della NYSE. Calinawan porta competenze nelle transazioni e nel settore, avendo consigliato su oltre 90 miliardi di dollari in operazioni concluse e avendo ricoperto in passato ruoli di senior a Citibank, Piper Sandler e SK Capital Partners. Huff è fondatore di BoltRock Holdings ed è un importante azionista della società, con precedenti incarichi di leadership presso Reservoir Capital e servizio come ingegnere nucleare della Marina degli Stati Uniti (US Navy). Gli incarichi sono presentati come volti a rafforzare la governance e a sostenere la crescita dell'azienda e della sua soluzione CitroTech.
General Enterprise Ventures (OTC:GEVI) nombró a Lorenzo Calinawan y Craig Huff como directores independientes, con efecto a partir del 15 de octubre de 2025, aumentando la junta de tres a cinco directores. La compañía dijo que este cambio pone la junta en alineación con el estándar de directores independientes de la NYSE. Calinawan aporta experiencia en transacciones y sector, habiendo asesorado en más de 90 mil millones de dólares en operaciones ya cerradas y habiendo ocupado anteriormente cargos ejecutivos en Citibank, Piper Sandler y SK Capital Partners. Huff es fundador de BoltRock Holdings y un accionista significativo de la empresa, con liderazgo previo en Reservoir Capital y servicio como ingeniero nuclear de la Marina de los EE. UU. Los nombramientos se presentan como destinados a fortalecer la gobernanza y a apoyar la escalabilidad de la empresa y de su solución CitroTech.
General Enterprise Ventures (OTC:GEVI) 는 독립 이사를 선임했습니다 Lorenzo Calinawan 과 Craig Huff, 발효일은 2025년 10월 15일로, 이사회가 3명에서 5명으로 확대됩니다. 회사는 이 변화를 NYSE 독립 이사 기준과 일치시킨다고 밝혔다. Calinawan 은 거래 및 업계 전문 지식을 가져오며, 900억 달러가 넘는 완료된 거래에 자문했고 과거에 Citibank, Piper Sandler 및 SK Capital Partners에서 선임 직책을 역임했습니다. Huff 는 BoltRock Holdings 의 설립자이자 회사의 주요 주주이며, Reservoir Capital 에서의 리더십과 미 해군 원자력 엔지니어로의 근무 경력이 있습니다. 발령은 거버넌스를 강화하고 회사 및 CitroTech 솔루션의 확장을 지원하려는 의도로 제시됩니다.
General Enterprise Ventures (OTC:GEVI) a nommé Lorenzo Calinawan et Craig Huff en tant que administrateurs indépendants, à effet du 15 octobre 2025, portant le conseil de trois à cinq administrateurs. La société a déclaré que ce changement aligne le conseil sur la norme des administrateurs indépendants de la NYSE. Calinawan apporte une expertise en transactions et en secteur, ayant conseillé sur plus de 90 milliards de dollars de transactions conclues et ayant occupé des postes de direction chez Citibank, Piper Sandler et SK Capital Partners. Huff est fondateur de BoltRock Holdings et un actionnaire important de l'entreprise, avec des responsabilités de leadership antérieures chez Reservoir Capital et au service d'ingénieur nucléaire dans la Marine américaine. Les nominations sont présentées comme visant à renforcer la gouvernance et à soutenir la montée en puissance de l'entreprise et de sa solution CitroTech.
General Enterprise Ventures (OTC:GEVI) hat Lorenzo Calinawan und Craig Huff als unabhängige Direktoren ernannt, mit Wirkung zum 15. Oktober 2025, wodurch der Vorstand von drei auf fünf Direktoren erweitert wird. Das Unternehmen erklärte, dass diese Änderung den Vorstand an den NYSE-Standard unabhängiger Direktoren angleicht. Calinawan bringt Transaktions- und Branchenexpertise mit, da er an Projekten im Wert von mehr als 90 Milliarden USD beratend tätig war und zuvor leitende Positionen bei Citibank, Piper Sandler und SK Capital Partners innehatte. Huff ist Gründer von BoltRock Holdings und ein bedeutender Aktionär des Unternehmens, mit früherer Führung bei Reservoir Capital und Dienst als Nuklearingenieur der US Navy. Die Ernennungen werden dargestellt als darauf ausgelegt, die Governance zu stärken und das Unternehmen sowie seine CitroTech-Lösung zu skalieren.
General Enterprise Ventures (OTC:GEVI) عينت لورنزو كالينواهان وكريغ هاف كأعضاء مستقلين في المجلس، اعتباراً من 15 أكتوبر 2025، مما يوصل المجلس من ثلاثة أعضاء إلى خمسة. وقالت الشركة إن هذا التغيير يجعل المجلس متماشياً مع معيار المدراء المستقلين في بورصة نيويورك. كالينواهان يجلب خبرة في المعاملات والقطاعات، حيث قدم مشورة في أكثر من 90 مليار دولار من الصفقات المكتملة وشغل سابقاً مناصب عليا في سيتي بنك وبايدر ساندلر وشركة SK Capital Partners. هاف هو مؤسس بولت روك هولدنغز ومساهم رئيسي في الشركة، بسبق قيادي في Reservoir Capital وخدمة كمهندس نووي بالبحرية الأمريكية. تُقدم التعيينات كإجراء لتعزيز الحوكمة ودعم توسيع الشركة وحل CitroTech.
General Enterprise Ventures (OTC:GEVI) 任命洛伦佐·卡里诺阿汉与克雷格·哈夫为独立董事,生效日期为2025年10月15日,将董事会从3人增至5人。公司表示此次变动使董事会与NYSE独立董事标准保持一致。 卡里诺阿汉带来交易与行业专长,曾为超过900亿美元完成交易提供咨询,曾在花旗银行、Piper Sandler和SK Capital Partners担任高级职务。哈夫是BoltRock Holdings的创始人及公司重要股东,曾在 Reservoir Capital 任领导职务,并担任美国海军核工程师。 任命被视为加强治理并支持公司及其CitroTech解决方案的扩张。
Positive
  • Board size increased from 3 to 5 directors (effective October 15, 2025)
  • NYSE independence standard met by board composition
  • Transaction experience: Lorenzo Calinawan advised on >$90 billion of completed transactions
Negative
  • Significant shareholder Craig Huff (BoltRock) joins board, potentially concentrating voting influence

OCEANSIDE, CALIFORNIA / ACCESS Newswire / October 21, 2025 / General Enterprise Ventures, Inc. (OTC:GEVI) today announced the appointment of two distinguished individuals, Lorenzo Calinawan and Craig Huff, to its board as independent directors, effective October 15, 2025.

These appointments expand the board from three directors to five directors. The company believes it now meets the standard of independent directors as required by the New York Stock Exchange (NYSE).

"We are delighted to welcome Lorenzo and Craig to the board," said Ted Ralson, Chairman of the Board of General Enterprise Ventures, Inc. "Their exceptional experience in capital markets, corporate strategy and long-term value creation will strengthen our governance and provide invaluable perspective as we continue to grow and scale our platform."

Mr. Lorenzo Calinawan

Lorenzo Calinawan is the co-founder and managing director of Chemlink Partners, a boutique M&A advisory firm focused exclusively on the global chemicals, specialty materials and adjacent industrial sectors. Over his career, Mr. Calinawan has advised on more than $90 billion of completed transactions, including landmark deals, transformative carve-outs, platform builds and cross-border transactions for leading strategics and private equity sponsors. Prior to founding Chemlink, he held senior investment banking roles at Citibank and Piper Sandler and also served as an investment professional at SK Capital Partners, where he focused on building and growing specialty chemicals and materials platforms.

Mr. Calinawan brings deep sector knowledge, a global network and proven transaction execution and investment expertise to the company's board.

Lorenzo Calinawan commented, "I am thrilled to join this board at such a pivotal moment in the company's growth. The company's breakthrough technology has the potential to redefine its industry, and I look forward to contributing my experience to help scale this innovative platform,"

Mr. Craig Huff

Craig Huff is the founder and managing member of BoltRock Holdings LLC, a family investment firm and significant shareholder in the company. Prior to founding BoltRock, Mr. Huff co-founded and served as co-chief executive officer of Reservoir Capital, a multi-billion dollar opportunistic investment firm, for over two decades. He also served in the U.S. Navy as a nuclear engineer and nuclear submarine officer.

Mr. Huff has extensive board experience in both private and public companies across a wide range of sectors, including the insurance industry. He holds a bachelor's degree in engineering physics, magna cum laude, from Abilene Christian University, and an MBA with high distinction from Harvard Business School where he was recognized as a Baker Scholar.

Craig Huff commented, "I am excited to join the company's board and support its groundbreaking CitroTech solution. Ted Ralston and founder Steve Conboy have positioned the company for growth, and I look forward to working with them, along with new CEO Wes Bolsen and COO Andrew Hotsko, to strengthen governance and help scale the company."

For more information on Mighty Fire Breaker, visit www.mightyfirebreaker.com.

About General Enterprise Ventures, Inc.

General Enterprise Ventures, Inc., through its wholly owned subsidiary Mighty Fire Breaker, LLC, offers an innovative portfolio of non-toxic and environmentally safe wildfire defense solutions. The Company's offerings include wildfire home defense systems, mobile and ground application systems, and products for use in the manufacturing of fire-resilient building products.

Mighty Fire Breaker's CitroTech fire inhibitor is the only fire inhibitor designated as a EPA Safer Choice recipient and recognized as UL GREENGUARD GOLD.

Twitter: @GEVIOfficial
Website: https://generalenterpriseventures.com/

Investor Relations Contact:

Brett Maas, Managing Principal
Hayden IR, LLC
brett@haydenir.com
(646) 536-7331

SOURCE: General Enterprise Ventures, Inc.



View the original press release on ACCESS Newswire

FAQ

Who were appointed to the General Enterprise Ventures (GEVI) board on October 15, 2025?

Lorenzo Calinawan and Craig Huff were appointed as independent directors effective October 15, 2025.

How did the GEVI board change size and why does it matter for NYSE rules?

The board expanded from three to five directors, which the company says meets the NYSE independent director standard.

What relevant experience does Lorenzo Calinawan bring to GEVI (OTC:GEVI)?

Calinawan co-founded Chemlink Partners and has advised on more than $90 billion of completed transactions, with prior roles at Citibank, Piper Sandler and SK Capital Partners.

Is Craig Huff a shareholder in GEVI and what is his background?

Yes; Craig Huff is founder of BoltRock Holdings and a significant shareholder, formerly co-CEO of Reservoir Capital and a U.S. Navy nuclear engineer.

What governance impact did the GEVI board appointments aim to achieve?

The appointments were described as strengthening governance and providing capital markets and strategy expertise to support scaling the company and its CitroTech solution.
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