October 25, 2016 10:52 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Cool Planet Energy Systems, Inc.

Company Overview

Cool Planet Energy Systems, Inc. develops green fuel and biochar products for energy, food, and water markets. Its CoolTerra biochar product enables fertilizer reduction and increased water retention for increased crop productivity, and plant health. The company’s biochar product sequesters carbon and delivers benefits to industries that include agriculture, chemicals, and pharmaceuticals. Cool Planet Energy Systems was formerly known as Cool Planet BioFuels, Inc. The company was founded in 2009 and is based in Greenwood Village, Colorado. It has a location in Camarillo, California.

6400 South Fiddlers Green Circle

Greenwood Village, CO 80111

United States

Founded in 2009





Key Executives for Cool Planet Energy Systems, Inc.

Chief Executive Officer, President and Director
Age: 62
Founder and Chairman
Chief Financial Officer and Executive Vice President
Age: 59
Vice President of Operations
Chief Executive Officer of Ag Business and President of Ag Business
Compensation as of Fiscal Year 2016.

Cool Planet Energy Systems, Inc. Key Developments

Cool Planet Promotes Jim Loar to the Position of President and CEO of the Company's Agricultural Subsidiary

Cool Planet board of directors announced that Jim Loar has been elevated to the position of president and CEO of the company's agricultural subsidiary. Loar joined Cool Planet as chief commercial officer in 2015. He previously served as vice president of operations for the $2.1 billion agricultural division of the Wilbur-Ellis Company. Prior to his 14 years with Wilbur-Ellis, Loar spent 14 years with Griffin LLC, a leader in crop protection products.

Cool Planet Partners with J.R. Simplot Company to Distribute Innovative Cool Terra Engineered Biocarbon Product to Improve Soil Health

Cool Planet announced a new distribution agreement with the J.R. Simplot Company. Simplot will serve as a distributor for Cool Terra throughout the Western United States and portions of the Midwest. Simplot will commit resources to support and sell the Cool Terra product in production and specialty-crop agriculture, as well as in the turf, nursery, and landscape markets. Simplot has also chosen to join Cool Planet's newly formed Soil Health Advisory Council (SHAC). The purpose of the council is to help Cool Planet explore and maximize opportunities to utilize Cool Terra Engineered Biocarbon as a means of improving the health of soils while also serving as a carrier and an organic structural environment for microbial and nutrient-based solutions.

Cool Planet Adds 3 Members to Technical Advisory Board

Cool Planet, has expanded the world-class technical advisory board by adding three members: Greg Butler, Anne Gaffney and James F. White. The company's Technical Advisory Board includes representatives from some of America’s leading corporations and venture capital firms who advise the board of directors and leadership on matters related to research, innovation, and key market opportunities. Greg, Anne and James join the company's other Technical Advisory Board Members, including Mike Desmond, Chief Chemist at BP; Cliff Detz, President, Innoventure; Leo Manzer, President & CEO, Catalytic Insights LLC; and Ron Sills, Gas Convention Network Leader at BP.

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