White Energy, one of the nation’s leading producers of biofuels, animal feed and food ingredients, has appointed Brian Steenhard as Chief Financial Officer. He joins an executive team led by CEO Greg Thompson, who joined White Energy in September.
“Brian will be a tremendous asset to White Energy. He has a strong track record of successfully increasing revenues and generating value for ethanol and energy companies,” Thompson said.
Steenhard has extensive experience in the renewable energy industry. He previously served as CFO of Aventine Renewable Energy Holdings, Inc., where he implemented a turnaround strategy that generated more than $200 million of equity value for Aventine’s shareholders. His work included securing capital to modernize the company’s ethanol facilities and generate new product lines with enhanced revenue streams.
Steenhard also served as a vice president of Hawkeye Energy Holdings, a large privately-held ethanol company, where he helped grow top-line revenues from $400 million to $1 billion.
“White Energy has tremendous growth potential,” Steenhard said. “I look forward to collaborating with the White Energy team and identifying opportunities to create additional value for our business and our customers.”
Steenhard is a Certified Public Accountant who began his career at Arthur Andersen, where he worked on mergers, acquisitions, divestitures and initial public offerings for Fortune 500 companies. He holds an accounting degree from the University of Northern Iowa and a Masters of Business Administration from the University of Iowa.