XCF Global Strengthens Board with Three New Directors Following DevvStream and Southern Energy Renewables Merger
Key Highlights
- ➤Three directors appointed following DevvStream and Southern Energy combinations
- ➤Seven-member board adds expertise in operations, capital allocation and governance
- ➤New Rise Reno permitted nameplate capacity reaches 38 million gallons annually
- ➤XCF advancing renewable-fuel expansion pipeline across Nevada, North Carolina and Florida
Expert Statements
Chris Cooper, Chairman and Chief Executive Officer of XCF Global
“These appointments add expertise directly aligned with our priorities: integrating our businesses, expanding renewable fuel production and allocating capital to support long-term shareholder value”
Chris Cooper, Chairman and Chief Executive Officer of XCF Global
“General Wharton brings deep experience in complex supply chains and energy security, Carl has spent three decades investing in and helping businesses grow, and Chad brings a valuable combination of transaction, capital markets and legal experience. Their perspectives will help guide our expansion and strengthen oversight as we execute our strategy.”
HOUSTON, TX / ACCESS Newswire / November 5, 2026 / XCF Global, Inc. ("XCF" or the "Company") (NASDAQ:SAFX), a growing U.S.-based producer of renewable diesel and sustainable aviation fuel ("SAF"), today announced the appointment of Major General John F. Wharton (U.S. Army, Ret.), Carl Stanton and Chad Langley, who joined the Board upon completion of the Company's business combination with DevvStream Corp. ("DevvStream") and Southern Energy Renewables Inc. ("Southern Energy"), as previously announced on October 16, 2026. The new directors strengthen the Board's expertise in operational execution, capital allocation and corporate governance as XCF expands its domestic renewable fuels platform * General Wharton brings extensive experience in logistics, energy security and technology deployment, having commanded U.S. Army organizations responsible for global sustainment in research and development * Mr. Stanton brings three decades of private equity and alternative asset management experience and has served on the boards of more than 15 portfolio companies * Mr. Langley brings experience in cross-border mergers and acquisitions, private capital markets and institutional investing across the United States, Europe, Asia and the Middle East The three new directors join Chairman and Chief Executive Officer Chris Cooper, Lead Independent Director Si-Yeon Kim, Wray Thorn, President and Chief Financial Officer, and Sanford A. Cockrell III. Pursuant to the Business Combination Agreement, Mr. Langley and General Wharton were designated by Southern Energy and Mr. Stanton was designated by DevvStream. Carter McCain stepped down from the Board in connection with the closing. The seven-member Board brings together experience across energy & transportation, capital markets & finance, defense, national security & government affairs, mergers & acquisitions, strategic growth management & talent development, and corporate governance to support the Company's strategic and operational objectives.
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