On September 23, 2024, ReGen III Corp., a prominent clean technology company specializing in the patented ReGen™ process for transforming used motor oil into high-value Group III base oils, announced the resignation of Greg Clarkes as CEO due to personal reasons. Mr. Clarkes, who founded ReGen III in 2017, will continue to serve as Chairman of the Board, offering ongoing leadership and guidance to the Company.
Mark Redcliffe, the current President of ReGen III, has been appointed as the new CEO and President. Mr. Clarkes expressed his confidence in Mr. Redcliffe’s ability to lead the organization, citing his strategic mindset and extensive experience with the Company since 2018.
Mr. Redcliffe expressed his commitment to advancing the innovative and sustainable ReGen™ process under his new role as CEO. The Board of Directors thanked Mr. Clarkes for his dedicated service as CEO and looks forward to his continued contributions as Chairman.
ReGen III aims to become the world’s largest producer of sustainable Group III base oil with its ReGen™ technology. For more information on ReGen III, interested individuals can visit the company’s website to learn more about its corporate presentations and subscribe to newsletters.
The information provided in this news release includes forward-looking statements about the Company’s business plans and expectations. It is based on information available at the time and may be subject to various risks and uncertainties. The Company disclaims any intentions to update or revise forward-looking information, other than as required by law.
