Montana Technologies Corp. announced that it has appointed Chad MacDonald as Chief Legal Officer. In conjunction with this new appointment, Jeff Gutke, who since 2021 served as the Chief Financial Officer of Montana Technologies LLC, is transitioning into the new role of Chief Administrative Officer at Montana.

The management team will also include Pat Eilers, the Chairman of Montana's Board of Directors, who has been named Montana's Executive Chairman. Chad MacDonald most recently served as Senior Vice President & Deputy General Counsel at Permian Resources. Prior to joining Permian Resources in 2022, he served as Vice President and Associate General Counsel at Centennial Resource Development. Prior to joining Centennial in 2018, he was an Associate at Latham & Watkins, where he focused on advising public and private clients on mergers and acquisitions, private equity transactions, and capital markets transactions.

Mr. MacDonald also previously served as an Associate at Paul Hastings LLP. He earned a Bachelor of Music degree from the University of Denver and a Juris Doctor degree from Vanderbilt University Law School. Jeff Gutke previously served as Chief Financial Officer at Montana Technologies LLC since 2021.

In 2021, Mr. Gutke founded Doxey Capital LLC. Prior to founding Doxey Capital LLC, Mr. Gutke served as Managing Director of Talara Capital Management and was a member of the firm's investment committee from February 2017 to January 2021. Prior to joining Talara Capital Management, Mr. Gutke served as a Director of Denham Capital Management and a Manager at both J.M. Huber Corporation and Aquila Energy Capital Corporation.

Earlier in his career, Mr. Gutke served as an Investment Banking Associate at Jefferies and an Engineer at ExxonMobil. Mr. Gutke has over twenty-five years of financial, operational, and technical experience in the private equity, structured finance, and investment banking industries, with a specific focus on energy. Mr. Gutke earned a Bachelor of Science in Mechanical Engineering from Brigham Young University and a Master of Business Administration from Tulane University.