Montauk Renewables, Inc. Elects Yunis Shaik to the Board and the Audit and Nominating and Corporate Governance Committees of the Board
June 08, 2021 at 05:13 pm EDT
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On June 4, 2021, the Board of Directors of Montauk Renewables, Inc., elected Mr. Yunis Shaik to the Board and appointed him to the Audit and Nominating and Corporate Governance Committees of the Board, effective as of June 7, 2021. Mr. Shaik is a Class II director and, as such, his term will expire at the Company’s annual meeting of stockholders to be held in 2022 and until his successor has been duly elected and qualified. Mr. Yunis Shaik, age 64, has served as the Executive Director of Hosken Consolidated Investments Limited (“HCI”) since April 2014 and served as a non-executive director of HCI from August 2005 until that time. Mr. Shaik also currently serves as Non-Executive Chairman of Hosken Passenger Logistics & Rail Ltd. and Chairman of Golden Arrow Bus Services (Pty) Ltd. Prior to joining HCI in 2014, Mr. Shaik was an attorney of the High Court of South Africa and in private practice. He is a former Deputy General Secretary of the Southern African Clothing and Textile Workers Union and a director of Workers’ College. He served as Senior Commissioner of the Commission for Conciliation, Mediation and Arbitration in KwaZulu Natal.
Montauk Renewables, Inc. is a renewable energy company, which is engaged in specializing in the management, recovery and conversion of biogas into Renewable Natural Gas (RNG). The Company's segments include Renewable Natural Gas and Renewable Electricity Generation. The Companyâs Renewable Natural Gas segment includes the production of RNG. The Renewable Electricity Generation segment includes generation of electricity at biogas-to-electricity plants. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid. The Company is engaged in the development, operation and management of landfill methane-fueled renewable energy projects. The Company has operations at approximately 15 operating projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina and Texas.
MONTAUK RENEWABLES, INC. 
