West Hawk Development has appointed Gonzalo Torres-Macchiavello to the board of directors of West Hawk Development. Currently Mr. Torres-Macchiavello is the company's Senior Vice President Operations.
Mr. Torres-Macchiavello holds a master's degree in business administration from the University Fundacao Getulio Vargas - FGV, Sao Paulo, Brazil and Bachelor degrees in Business Administration and Public Administration from the University Universidade de Brasilia - UNB, Brasilia, Brazil. Mr. Torres-Macchiavello has over 20 years of experience in the energy sector (power generation, electricity distribution, gasification and natural gas), including senior international managerial positions in AES GENER (the largest independent power producer in the world), NRG Energy Inc. (second largest independent power producer in the world), Pennsylvania Power & Light - EMEL, Vattenfall Sweden - CEDLLC affiliate (one of the largest European utilities), SARCOAL Energy Italy and EMSA Construction Brazil.
Mr. Torres-Macchiavello has broad international experience, and has been responsible for continental regions and developed projects in North America, South America, Central America, Europe and Africa. Responsibilities have included business development, project management, commercial, finance, asset management, interaction with government, regulatory entities and P & L responsibility.
"Mr. Torres-Macchiavello has been developing an extremely important role within West Hawk Development supporting the natural gas project activities and working towards the company's most recent focus of attention, which is to bring the company's gasification arm to fruition. We are extremely pleased to have someone like Mr. Torres-Macchiavello in our company bringing a proven track record in management and being responsible for the evaluation, development and operation of projects ranging from US$50 million to $3.5 billion," commented Dr. Wm. Mark Hart, president and chief executive officer of West Hawk.
In other news, the Company announces that it has granted 450,000 incentive stock options at an exercise price of $0.20 per share until December 20, 2009, subject to the approval of the TSX Venture Exchange.
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