ADDISON, Texas, Jan. 28, 2011 -- Green Star Energies, Inc. (Pink Sheets: GSRE) is pleased to announce the appointment of two Independent Directors for the company. Bennett Whitehurst and Tali Ploetz have been appointed to the company's Board of Directors effective immediately.
Mr. Whitehurst has over 20 years experience in corporate finance and banking. He has a significant amount of experience working with the management of middle market companies across a variety of industries to evaluate capital markets alternatives. For the past eight years, he has worked for a global financial institution where he has been responsible for structuring, underwriting and executing structured and leveraged loan transactions of up to $150 million for companies needing capital for expansion, refinancing and restructuring. He has been involved in transactions totaling in excess of $1 billion.
Mr. Whitehurst received his Bachelor of Science degree in Petroleum Land Management from Louisiana State University and a Master of Science in Corporate Finance from Georgia State University.
"I'm extremely excited about the opportunity to help Green Star Energies execute its strategy in my capacity as an Independent Director," said Mr. Whitehurst. My father and grandfather were both involved in the oil business. I have always had an interest in the industry given my family's connection and my undergraduate studies and I look forward to contributing to the success of the Company."
Mrs. Ploetz has worked at General Motors Financial Company, Inc. (formerly AmeriCredit) since 2002. In 2003 she was promoted to her current position as Vice President, Internal Audit. She is currently responsible for managing GM Financial's internal audit function for all financial and operational internal audit engagements within the company.
Mrs. Ploetz graduated from University of Texas at Arlington with BBA in both Accounting and Marketing. She is a Certified Public Accountant, Certified Fraud Examiner, Certified Treasury Professional, Certified Internal Auditor, and a Forensic Certified Public Accountant. She is also Secretary for the Fort Worth Chapter of the Association of Certified Fraud Examiners. Mrs. Ploetz sits on the Board of Directors for the Boy Scouts of America, Longhorn Council and previously served on the Board of Directors for Destination Imagination, Mid Cities Region.
"I believe that Green Star Energies has the opportunity to do great things and I look forward to being able to bring my knowledge and abilities to the Board for the benefit of the shareholders," said Mrs. Ploetz.
"We are excited about having such talented people as Mr. Whitehurst and Mrs. Ploetz join our Board of Directors. Both of them have a strong background in financial and strategic planning. Having someone with Ben's experience level in capital formation and financing alternatives will help provide oversight as we continue our growth plans. And having Tali's experience with auditing will assist us tremendously as we work towards our goal of becoming an audited, reporting company," said Green Star Energies, Inc. CEO Steve Rackley.
ABOUT GREEN STAR ENERGIES, INC.
Green Star Energies, Inc. is currently targeting joint ventures or acquisitions in which existing oil projects are currently in or near term production. Green Star owns producing oil wells in Oklahoma and as well as Louisiana through its ownership in Aeon Holdings, Inc.
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