Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
On April 19, 2022, the board of directors (the "Board") of Better World
Acquisition Corp. (the "Company") appointed Robert M. Chiste as a director and
as a member of the audit committee and compensation committee of the Board (the
"Committees").
Mr. Chiste, age 74, has served as the Chairman of Encycle Corporation since July
2012 and also served as its Chief Executive Officer from 2015 to 2022. Mr.
Chiste has served as a director of MetOx Technologies, Inc. since November 2020.
He served as the Chairman of Enbala Power Systems from May 2012 to October 2019
and also served as its interim CEO from 2014 to 2015. Mr. Chiste was the
Chairman, CEO and President of Comverge, Inc from September 2001 to June 2009.
He also served as President and CEO of Allwaste, Inc. from October 1994 to
August 1997. In addition, he served as a senior executive in several public
companies, including Transco Energy Venture Companies, from 1988 to 1993, and
Enron Corporation, through a series of acquisitions, from 1980 to 1988. Mr.
Chiste also served as the Chief Executive Officer of Sorfina Capital, a family
investment fund focused on early-stage clean energy and traditional energy
services, from 1998 to 2022. Mr. Chiste received a BA in Mathematics from The
College of New Jersey, a JD from Rutgers University School of Law and a MBA from
Rutgers University School of Business.
Mr. Chiste replaced Jennifer Prosek as a member of the Board and as a member of
the Committees. Ms. Prosek resigned as a director and a member of the Committees
on April 19, 2022. Ms. Prosek's resignation did not result from any disagreement
with the Company concerning any matter relating to the Company's operations,
policies or practices.
There are no family relationships between Mr. Chiste and any director, executive
officer, or person nominated or chosen by the Company to become an executive
officer of the Company. There are no transactions between the Company and Mr.
Chiste that are subject to disclosure under Item 404(a) of Regulation S-K.
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