Momentum Biofuels names managers, board

By | August 03, 2007
In mid-June, Tonga Capital Corp. and its wholly owned subsidiary Momentum Biofuels Inc., a 20 MMgy biodiesel producer in Pasadena, Texas, named its management team, which joined the company in March. Barry Cater will serve as the company president, CEO and a director. He appointed Jim O'Neal as COO and Stuart Cater, his brother, as CFO.

In addition to Barry Cater and Jeff Ploen, director of Tonga, three additional directors were named to the board: Richard Cilento, Richard Robert and Jackson Wilson. Cilento is currently the president, CEO and founder of FuelQuest Inc., a software and service provider for global downstream energy. Robert is currently the executive vice president and CFO of Vanguard Natural Resources LLC, a natural gas and oil production company. Wilson retired from Accenture Ltd., a global management consulting, technology services and outsourcing company, in 2004.
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