Greenlane Renewables Inc. announced the appointment of Brad Douville, current Chief Executive Officer ("CEO"), to the newly created role of Vice Chair of the Board of Directors, and a continuing full time executive role as "Executive Vice Chair" with a mandate to support management in advancing key strategic initiatives, and the appointment of Ian Kane as President and CEO to lead the Company's profitable execution of its new strategic plan. Both appointments will be effective August 10, 2023. Mr. Kane has built a career as an impactful business leader who creates sustainable shareholder value through
fostering a culture of ambition and accountability. As the President and CEO of Excell Battery, Mr. Kane has been responsible for all aspects of the product design and manufacturing business, including defining the global growth strategy and diversifying markets and product range. His growth strategy over three years resulted in double digit revenue and net income growth. Mr. Kane was actively involved in the sale of Excell Battery to Ultralife Corporation. Prior to Excell, Mr. Kane was the President of Alpha Technologies, a 420-employee company demonstrating 15% organic revenue growth ($180 million) year on year while growing operating earnings at 20%. Mr. Kane was actively involved in the sale of Alpha Technologies to EnerSys. Mr. Kane was previously Vice President at Talisman Energy responsible for safely managing daily oil and natural gas production and processing of up to 25,000 boe/d (US$1 billion in revenue); and held a Director role in Operational Effectiveness at PwC LLP. Mr. Kane holds an MBA (Cum Laude) from the University of Stellenbosch and M.Eng from the University of Johannesburg.