Tim Obitts acting CEO at Alder Fuels, Bryan Sherbacow leaves
Tim Obitts has been made acting CEO of Alder Fuels. Bryan Sherbacow, the former CEO, left the company on December 27th, 2022.
“We are grateful that Tim has stepped up as Acting CEO. Tim is a proven aviation expert and industry leader, and we look forward to supporting him during this transitional phase,” said Xavier Adserà, non-executive chair, Alder Fuels. “The problem the company is trying to solve is as important as ever, and the technological value proposition is clear. We are deeply thankful to our partners.”
Before joining Alder Fuels, Obitts was chief exec and president of the National Air Transportation Association (NATA). He joined NATA as COO and general counsel for NATA. He was also managing shareholder of the law firm Gammon & Grange.
“We remain focused on a singular goal: to deliver commercial deployment of our proprietary Alder Greencrude technology and support the decarbonization efforts of critical sectors of our economy,” says Obitts.