BioNitrogen Appoints New President
Current CFO Brian Kornegay will assume the position of president at BioNitrogen Corp.
January 10, 2013
BioNitrogen Corp., a cleantech company that uses proprietary technology to build environmentally friendly plants that convert biomass into urea fertilizer, has named Bryan Kornegay President, effective immediately.
Kornegay, who is CFO, will also retain his current position. He succeeds Carlos Contreras, who will retain his position as CEO of the company.
Commenting on the news, Carlos A. Contreras, CEO of BioNitrogen said, “Bryan has demonstrated exceptional leadership capabilities during his time at BioNitrogen and I am confident he will bring his strong executive management skills to his expanded role as President. This position will enable Bryan to continue his efforts to lead the company’s expansion at this critical period of its growth and focus on fulfilling BioNitrogen’s business strategy of plant construction and plant expansion that will result in a profitable enterprise.”
Kornegay joined BioNitrogen in early 2012 as CFO and has more than 17 years of accounting, finance and private equity experience. He is a founder of B Group, a private equity and advisory group that focuses on food, energy, mining and infrastructure in the Americas. He has served on the boards of public and private companies. His work experience includes holding the position of CFO and director for an international river transportation company, an international exploration and production company and an international oilfield services company. Kornegay worked at the private equity firm Hicks, Muse, Tate & Furst until 2001.