Titan Environmental Solutions Inc. Appoints Edward J. Borkowski and Edward F. Feighan to its Board of Directors
Titan Environmental Solutions (OTCQB: TESI) has announced two key appointments to its Board of Directors: Edward J. Borkowski and Edward F. Feighan, effective immediately.
Borkowski, 65, brings healthcare executive experience, having served as EVP and CFO of Purdue Pharma LP and TherapeuticsMD. He currently serves on the board of Entero Therapeutics and holds an MBA from Rutgers University.
Feighan, 77, is the Chairman and CEO of Covius since 2016 and has been involved with Continental Heritage Insurance Company for over 20 years. He served five terms in the U.S. House of Representatives (1983-1993).
CEO Glen Miller stated these appointments will strengthen Titan's financial controls and support its growth strategy, including plans for listing on a national securities exchange. The company focuses on waste management and recycling services, aiming to expand through organic growth and acquisitions in the environmental industry.
Titan Environmental Solutions (OTCQB: TESI) ha annunciato due nomine chiave nel suo Consiglio di Amministrazione: Edward J. Borkowski ed Edward F. Feighan, con effetto immediato.
Borkowski, 65 anni, porta con sé un'esperienza da dirigente nel settore sanitario, avendo ricoperto il ruolo di EVP e CFO di Purdue Pharma LP e TherapeuticsMD. Attualmente è membro del consiglio di Entero Therapeutics e possiede un MBA della Rutgers University.
Feighan, 77 anni, è il Presidente e CEO di Covius dal 2016 ed è stato coinvolto con la Continental Heritage Insurance Company per oltre 20 anni. Ha servito cinque mandati nella Camera dei Rappresentanti degli Stati Uniti (1983-1993).
Il CEO Glen Miller ha dichiarato che queste nomine rafforzeranno i controlli finanziari di Titan e supporteranno la sua strategia di crescita, inclusi i piani per una quotazione su una borsa valori nazionale. L'azienda si concentra sulla gestione dei rifiuti e sui servizi di riciclaggio, puntando ad espandersi attraverso la crescita organica e le acquisizioni nel settore ambientale.
Titan Environmental Solutions (OTCQB: TESI) ha anunciado dos nombramientos clave en su Junta Directiva: Edward J. Borkowski y Edward F. Feighan, con efecto inmediato.
Borkowski, de 65 años, aporta experiencia ejecutiva en el sector de la salud, habiendo ocupado el cargo de EVP y CFO de Purdue Pharma LP y TherapeuticsMD. Actualmente es miembro de la junta de Entero Therapeutics y posee un MBA de la Universidad de Rutgers.
Feighan, de 77 años, es el Presidente y CEO de Covius desde 2016 y ha estado involucrado con Continental Heritage Insurance Company durante más de 20 años. Sirvió cinco mandatos en la Cámara de Representantes de EE. UU. (1983-1993).
El CEO Glen Miller declaró que estos nombramientos fortalecerán los controles financieros de Titan y apoyarán su estrategia de crecimiento, incluidos los planes para una cotización en una bolsa de valores nacional. La empresa se centra en la gestión de residuos y servicios de reciclaje, con el objetivo de expandirse a través del crecimiento orgánico y adquisiciones en la industria ambiental.
타이탄 환경 솔루션 (OTCQB: TESI)이 이사회의 두 주요 임명을 발표했습니다: 에드워드 J. 보르코프스키와 에드워드 F. 페이건, 즉시 효력을 발생합니다.
65세의 보르코프스키는 퍼듀 제약 LP와 테라퓨틱스MD에서 EVP 및 CFO로 근무한 경험을 가진 의료 분야의 경영진입니다. 그는 현재 엔테로 테라퓨틱스의 이사로 재직 중이며, 러트거스 대학교에서 MBA를 취득했습니다.
77세의 페이건은 2016년부터 코비우스의 회장 겸 CEO로 재직하고 있으며, 20년 이상 컨티넨탈 헤리티지 보험 회사와 관련이 있습니다. 그는 미국 하원에서 5회의 임기를 수행했습니다 (1983-1993).
CEO 글렌 밀러는 이러한 임명이 타이탄의 재무 통제를 강화하고, 국가 증권 거래소에 상장하기 위한 계획을 포함한 성장 전략을 지원할 것이라고 밝혔습니다. 이 회사는 폐기물 관리 및 재활용 서비스에 중점을 두며, 환경 산업에서의 유기적 성장과 인수를 통해 확장하는 것을 목표로 하고 있습니다.
Titan Environmental Solutions (OTCQB: TESI) a annoncé deux nominations clés au sein de son Conseil d'Administration : Edward J. Borkowski et Edward F. Feighan, avec effet immédiat.
Borkowski, 65 ans, apporte une expérience en tant que dirigeant dans le secteur de la santé, ayant été EVP et CFO de Purdue Pharma LP et TherapeuticsMD. Il siège actuellement au conseil d'Entero Therapeutics et détient un MBA de l'Université Rutgers.
Feighan, 77 ans, est Président et CEO de Covius depuis 2016 et est impliqué avec la Continental Heritage Insurance Company depuis plus de 20 ans. Il a été élu cinq fois à la Chambre des représentants des États-Unis (1983-1993).
Le CEO Glen Miller a déclaré que ces nominations renforceront les contrôles financiers de Titan et soutiendront sa stratégie de croissance, y compris les plans de cotation sur une bourse nationale. L'entreprise se concentre sur la gestion des déchets et les services de recyclage, visant à s'étendre par la croissance organique et des acquisitions dans l'industrie environnementale.
Titan Environmental Solutions (OTCQB: TESI) hat zwei wichtige Ernennungen in seinem Vorstand bekannt gegeben: Edward J. Borkowski und Edward F. Feighan, die sofort wirksam werden.
Borkowski, 65 Jahre alt, bringt Erfahrung als Führungskraft im Gesundheitswesen mit, nachdem er als EVP und CFO von Purdue Pharma LP und TherapeuticsMD tätig war. Er ist derzeit im Vorstand von Entero Therapeutics und hat einen MBA von der Rutgers University.
Feighan, 77 Jahre alt, ist seit 2016 Vorsitzender und CEO von Covius und war über 20 Jahre lang mit der Continental Heritage Insurance Company verbunden. Er hat fünf Amtszeiten im US-Repräsentantenhaus (1983-1993) gedient.
CEO Glen Miller erklärte, dass diese Ernennungen die finanziellen Kontrollen von Titan stärken und seine Wachstumsstrategie unterstützen werden, einschließlich der Pläne für eine Notierung an einer nationalen Wertpapierbörse. Das Unternehmen konzentriert sich auf Abfallmanagement und Recyclingdienste und strebt an, durch organisches Wachstum und Übernahmen in der Umweltbranche zu expandieren.
- Board strengthened with experienced directors having public company and financial expertise
- Strategic move toward national exchange listing
- Company positioned for both organic and acquisition-based growth
- Currently trading on lower-tier OTCQB exchange
- Significant regulatory and execution risks in planned uplisting
Bloomfield Hills, MI, April 09, 2025 (GLOBE NEWSWIRE) -- Titan Environmental Solutions Inc. ("Titan" or the "Company") (OTCQB: TESI), an integrated provider of non-hazardous solid waste and recycling collection, transportation, transfer and disposal services, today announced the appointment of Edward J. Borkowski and Edward F. Feighan to its board of directors, effective immediately.
Edward J. Borkowski, age 65, is a healthcare executive who currently serves as an independent consultant. From April 2023 to July 2024, Mr. Borkowski was Executive Vice President and Chief Financial Officer of Purdue Pharma LP, a privately-held pharmaceutical company that is currently in bankruptcy. He was also Executive Vice President for Therapeutics MD, Inc., a pharmaceutical company focused on family planning and women’s health issues, a position he has held from January 2020 to October 2022. Mr. Borkowski also serves on the board of directors of Entero Therapeutics Inc, a clinical stage biopharmaceutical company, a position he has held since May 2015. He started his career with Arthur Andersen & Co. after receiving his MBA from Rutgers University subsequent to having earned his degree in Economics and Political Science from Allegheny College. Mr. Borkowski is currently a Trustee and a member of the Executive Committee of Allegheny College.
Edward F. Feighan, age 77, is currently, and has been since 2016, the Chairman and Chief Executive Officer of Covius LLC, a privately-held firm providing a range of services to the mortgage securitization industry. Mr. Feighan has been an owner and director of Continental Heritage Insurance Company, an early leader in the cannabis insurance market which provides surety bonds and other insurance solutions to the emerging cannabis markets, for more than 20 years. Previously, Mr. Feighan served as Chairman and Chief Executive Officer of ProCentury Insurance Corporation from its initial public offering in 2004 until the sale of the company to another public insurance group in 2008. Mr. Feighan is also Chairman of the Board of Range Impact Inc., a public impact investing company. Mr. Feighan served five terms as a Member of the United States House of Representatives from 1983 to 1993. During those ten years, Mr. Feighan served on the U.S. House Judiciary Committee and Foreign Affairs Committee. Mr. Feighan earned his law degree from Cleveland State University.
“We are pleased to welcome Ed Borkowski and Ed Feighan to our Board of Directors,” said Glen Miller, Chairman and Chief Executive Officer of Titan. “Their extensive experience in financial controls coupled with their significant public company board experience will be instrumental in guiding our continued growth and focus on operational excellence. In addition, their knowledge, experience and institutional relationships will enable us to expand Titan’s market presence both organically and acquisitively as we move toward a listing on a national securities exchange and execution of our business plan.”
FOR MORE INFORMATION
Glen Miller
Chief Executive Officer
IR@titancares.com
About Titan Environmental Solutions Inc.
Titan Environmental Solutions Inc., based in Bloomfield Hills, MI, is an environmental services company with an emphasis on improving environmental efficiency while relying on brick and mortar, cash-flow-generating traditional waste management and recycling targets. In additional to Titan’s waste services businesses, the Company will focus on being a consolidator of environmental service companies with a focus on acquiring well-established, cash-flow-generating assets in the environmental industry, vertically integrating its operations and integrating future acquisitions into its waste management businesses. Titan’s goal is to continue to grow as an entrepreneurial-driven, service-oriented, waste and recycling solutions company with a comprehensive waste solution platform to meet customer demands, including, collections, hauling, recycling, and technology-based waste reduction solutions. The Company's vertically aligned services provide customers with convenience and increased revenues by lowering waste disposal costs. Please visit www.TitanCares.com for more information on the services Titan offers or call 248-775-7400.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Titan’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside Titan’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to, those described under the heading “Risk Factors” in the Company’s Annual Report filed with the Securities and Exchange Commission (“SEC”) on Form 10-K, the Company’s Quarterly Reports on Form 10-Q and the Company’s Current Reports on Form 8-K.
Titan cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in Titan’s most recent filings with the SEC. All subsequent written and oral forward-looking statements concerning Titan or other matters and attributable to Titan or any person acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. Titan cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Titan does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
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