Sky Quarry Welcomes Finance Leader Leo Womack to Board

Sky Quarry Welcomes a New Vision to Its Board

Sky Quarry Inc. (NASDAQ: SKYQ), an innovative company focused on transforming the waste asphalt shingle recycling sector, has taken a remarkable step forward by appointing Leo Womack to its Board of Directors. Womack's seasoned expertise in finance and corporate governance is expected to bolster Sky Quarry's strategic direction and operational effectiveness.

Leo Womack: A Leader with Proven Experience

Mr. Womack is no stranger to leadership, having held the position of president at Gulf Equities Realty Advisors, Inc. since 1986. His tenure there, along with his role as CEO of Ramsey Financial Group, showcases his prowess in managing diverse portfolios and providing insightful financial strategies. Additionally, his extensive involvement with various public companies, including his role as chairman on multiple audit committees, underscores his robust background in corporate finance.

Expertise in Corporate Governance and Capital Markets

Throughout his career, Womack has displayed a keen understanding of corporate governance and a firm grasp of capital markets, making him an invaluable addition to Sky Quarry's Board. His CPA license and previous certifications, along with his association with the National Association of Corporate Directors, further validate his capability in navigating complex financial landscapes. He graduated with a Bachelor of Arts from Texas A&M University, which laid the foundation for his impressive career.

Strategic Goals for Sky Quarry

David Sealock, Chairman and CEO of Sky Quarry, expressed his enthusiasm, stating, “Mr. Womack’s background is a game-changer for us. His financial expertise and strategic insights will be crucial as we continue to innovate in the recycling industry.” The appointment comes at a critical juncture for the company, as it aims to enhance production capabilities and grow its market presence.

A Focused Approach to Growth

Womack’s involvement is particularly timed with Sky Quarry's efforts towards expansion in the waste asphalt shingle recycling sector. The company is gearing up to launch its first modular ASR facility, which is pivotal for increasing productivity and operational efficiency. Womack’s insights will undoubtedly contribute to guiding the company through this significant phase.

Commitment to Environmental Sustainability

Sky Quarry places immense value on its mission to promote sustainability by repurposing waste materials. As it seeks to upcycle millions of tons of asphalt shingle waste, the company is not just focused on profitability but is championing waste management solutions that protect natural resources and minimize environmental impact. Mr. Womack’s financial leadership will support these initiatives as they pursue innovative recycling methods.

Preparing for Emerging Opportunities

During his introduction, Womack highlighted his excitement about joining Sky Quarry at a pivotal time, emphasizing that the company's strategic focus to harness opportunities in California’s oil market further aligns with his vision for growth and innovation. He looks forward to collaborating with the existing team to navigate these ventures effectively.

About Sky Quarry Inc.

Sky Quarry Inc. (NASDAQ: SKYQ) is at the forefront of integrating oil production, refining, and environmental remediation. The company strives to enhance the recycling of waste asphalt shingles while addressing the remediation of oil-saturated soils. Their commitment to transforming waste into usable resources is set to redefine standards in the industry.

Frequently Asked Questions

Who is Leo Womack?

Leo Womack is a finance leader and newly appointed member of the Board of Directors for Sky Quarry Inc., bringing extensive experience in corporate governance.

What is Sky Quarry Inc. focused on?

Sky Quarry focuses on revolutionizing the waste asphalt shingle recycling industry and promoting environmental sustainability through innovative recycling and oil remediation techniques.

What roles will Womack hold on the Board?

Womack will serve on the Audit and Nominating Committee and as Chair of the Compensation Committee.

Why is Womack’s appointment significant?

His extensive background in finance, governance, and corporate strategy is expected to guide Sky Quarry through its growth initiatives and capitalize on emerging market opportunities.

How does Sky Quarry contribute to sustainability?

Sky Quarry aims to recycle millions of tons of asphalt shingle waste, reduce landfill dependency, and drive resource conservation efforts in its operations.

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