Posted by: MrNobody
In reply to: None Date:10/6/2007 3:09:52 AM
Post #of 61459
AGRIFUELS FORM 8-K
ITEM 5.03 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
APPOINTMENT OF CERTAIN OFFICERS
On October 3, 2007 Kevin Kreisler resigned from his position as the Chief
Financial Officer for GS AgriFuels. On the same date, the Board of Directors
appointed Mr. Kreisler to the position of Chief Operating Officer. Mr. Kreisler
will remain a member of the GS AgriFuels Board of Directors.
On October 3, 2007 GS AgriFuels' Board of Directors appointed Edward R.
Carroll to serve as GS AgriFuels' Chief Financial Officer. At the same time,
GreenShift Corporation, the parent of GS AgriFuels, appointed Mr. Carroll to
serve as its Chief Operating Officer. Information regarding Mr. Carroll follows.
Edward R. Carroll. Mr. Carroll has over thirteen years experience in
investment banking and corporate finance, with expertise in several
industry sectors, including alternative fuels, energy and
manufacturing. From 2005 to 2007 Mr. Carroll was employed as First
Vice President in the Mergers & Acquisitions Group of Daiwa
Securities. From 2003 to 2005 Mr. Carroll was employed as Associate
Director by Ernst & Young, with responsibility for mergers and
acquisitions. From 1998 to 2003 Mr. Carroll was employed as Senior
Manager in the management consulting division of
PriceWaterhouseCoopers. Previously Mr. Carroll worked in investment
banking for Bankers Trust. Mr. Carroll earned a B.S. in Finance from
St. John's University in 1994, and an M.B.A. in Financial from the
American Graduate School of International Management in 1998. He is 40
years old.
GreenShift Corporation will pay Mr. Carroll an annual salary of $150,000
for services on behalf of both GreenShift and GS AgriFuels, and will allocate an
appropriate portion of the payments to its intercompany account with GS
AgriFuels. Mr. Carroll will also receive a bonus at the discretion of the
GreenShift Board of Directors.
On October 3, 2007 GS AgriFuels Board of Directors appointed Thomas
Scozzafava to serve on its Board of Directors. Mr. Scozzafava has been GS
AgriFuels' Chief Executive Officer since December 2006.
The management of GS AgriFuels now consists of:
Thomas Scozzafava Director, Chairman, Chief Executive Officer
Kevin Kreisler Director, President, Chief Operating Officer
Edward Carroll Director, Chief Financial Officer
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Dated: October 5, 2007
GS AGRIFUELS CORPORATION
By: /s/ Thomas Scozzafava
----------------------------------
Thomas Scozzafava
Chief Executive Officer
sec.gov/Archives/edgar/data/1120802/...7000193/gsgf8k10507.txt