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Green Earth Technologies, Inc. (Pink Sheets:GETG), a manufacturer and marketer of environmentally friendly consumer products, today appointed Greg D. Adams, 47, as its Chief Financial Officer, succeeding Gordon Donovan, who has chosen not to relocate to Company headquarters in Connecticut.
From 1999 to 2007, Mr. Adams served as Chief Financial Officer of EDGAR Online Inc. (NASDAQ: EDGR), a leading provider of business information. In January 2003, he added the responsibilities of Chief Operating Officer and in 2004 was appointed as a member of the Company's Board of Directors.
Green Earth President and CEO Jeff Marshall said, "We are very pleased to have Greg join the Company as its new Chief Financial Officer. This is a pivotal role for Green Earth and Greg brings to the company the financial, accounting and strategic experience necessary to help us reach our ambitious strategic goals. I would like to thank Gordon for his service during an important time in our development and wish him well in his future endeavors."
Mr. Adams brings extensive SEC and compliance experience to the company, having served for 11 years at KPMG in the audit and advisory services group. He also was CFO of PRT Group Inc., a technology and solutions company, based in New York and the Blenheim Group. Mr. Adams is a Certified Public Accountant, a member of the New York State Society of Certified Public Accountants and the American Institute of Certified Public Accountants, and serves as Vice Chairman of Financial Executives International committee on finance and information technology. He received a B.B.A. degree in Accounting from the College of William & Mary.
Commenting on his appointment, Greg Adams said, "I look forward to building the financial infrastructure that will allow Green Earth Technologies to achieve its near- and long-term objectives. The company is just beginning to generate revenues, so I am thrilled to be a part of the team that will put the Company on the map in terms of innovative non-petroleum solutions to key industries as well as consumers at large."
About Green Earth Technologies, Inc.
Green Earth Technologies produces "G" - Branded superior performing totally green products made with American-grown base oils that utilize the power of nanotechnology to deliver environmentally friendly products with no compromise...meaning, consumers can now "do their part" without having to give up performance or value - Save the Earth - Sacrifice Nothing. The G-Brand family of products include G-OIL™, G-WASH™, G-GLASS™, G-SCENT™ , G-WHEEL™ and G-TIRE™, and are offered in a wide range of automotive categories including performance & appearance chemicals.
SAFE HARBOR STATEMENTS
Certain statements in this release regarding future events and developments, future performance, management's expectations, beliefs, plans, or projections are "forward looking statements" within the meaning of the federal securities laws. Such statements are subject to a number of risks and uncertainties, and are based on the Company's current expectations, and speak only as of the date of such statements. Actual Company results may differ materially from any forward-looking statements due to such risks and uncertainties.
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