OPAL Fuels Announces Planned Retirement of Co-CEO
Key Highlights
- ➤Jonathan Maurer plans to retire as OPAL Fuels co-CEO on March 31, 2027
- ➤Adam Comora will become OPAL Fuels’ sole CEO after Maurer’s retirement
- ➤OPAL Fuels Board commenced an executive search for a President reporting to Comora
Expert Statements
Mark Comora, Chairman of the Board of OPAL Fuels and President of FORTISTAR
“I want to thank Jon for his leadership over these past thirty-seven years. Jon has been instrumental in building the company and getting us to where we are today. We are grateful for his service and his commitment to ensure a smooth transition. We wish Jon continued success as he transitions to managing his family office in West Palm Beach, Florida and increases his work with the organizations for which he is serving as board director.”
Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels
“We have come a long way in building a durable business that has provided reliable power and transportation fuel to our customers across the country while making significant impact in reducing the harmful environmental effects of methane emissions.”
Jonathan Maurer, Co-Chief Executive Officer of OPAL Fuels
“It has been a privilege to help build OPAL Fuels from the initial investment in landfill gas to energy facilities by FORTISTAR in 1996. I am confident that Adam and our talented team are well positioned to lead OPAL Fuels’ next chapter. I look forward to supporting a smooth transition over the coming months.”
Adam Comora, Co-Chief Executive Officer of OPAL Fuels
“Jon has been an outstanding partner and I am excited for him as he transitions away from his day to day responsibilities at OPAL. I am grateful for his friendship and leadership as we built a strong foundation at OPAL Fuels and look forward to continuing the work with the entire OPAL team in our next phase of growth and execution.”
OPAL Fuels (Nasdaq: OPAL), a vertically integrated and nationwide leader in the production and distribution of renewable and compressed natural gas (RNG and CNG) used as transportation fuel for heavy-duty trucking, today announced that Jonathan Maurer plans to retire from his role as Co-Chief Executive Officer on March 31, 2027. Following Mr. Maurer’s retirement, Adam Comora will become the Company’s sole Chief Executive Officer. Mr. Maurer will remain available to the Company in a Senior Advisor role for an appropriate period of time thereafter to support a smooth transition.
Mr. Maurer has been Co-Chief Executive Officer of OPAL Fuels since April 2021, after the company was formed. Prior to that Mr. Maurer was employed by FORTISTAR (OPAL Fuels’ majority shareholder) since October 1998.
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