Friday, July 18, 2008

Xethanol Hires Dr. Rom Papadopoulos as New Chief Operating Officer and Chief Financial Officer

Atlanta, GA -- Xethanol Corporation (AMEX: XNL), a renewable energy company, announced that it has hired Dr. Rom Papadopoulos, former Managing Director of The Jacoby Group, an Atlanta based investment group, to serve as its Chief Operating Officer and Chief Financial Officer. In those roles, Dr. Papadopoulos will explore growth alternatives for Xethanol’s business. Those alternatives include mergers and acquisitions, investments, and new product lines in renewable energy. The company also announced that its previous Chief Financial Officer, Gary Flicker, will pursue other career interests. Link. Chart.