Greenwave Technology Solutions appointed Chelsea Pullano as CFO, effective February 5, 2026, for strategic financial oversight.
Quiver AI Summary
Greenwave Technology Solutions, Inc. has announced the appointment of Chelsea Pullano as Chief Financial Officer, effective February 5, 2026. This decision is part of a broader agreement with MACK Financial Solutions, which will provide bookkeeping, financial reporting, and SEC reporting services to Greenwave. Pullano, who co-founded MACK in May 2023 and previously served as CFO for Creatd, Inc. and Director of Finance at Lucosky Brookman LLP, will focus on strategic financial oversight for the company, including SEC filing reviews and coordination with auditors. Greenwave operates 13 metal recycling facilities in Virginia, North Carolina, and Ohio, planning to expand its operations by acquiring profitable scrap yards. The company emphasizes the environmental advantages of recycling steel and its commitment to increasing operational efficiencies.
Potential Positives
- Appointment of Chelsea Pullano as Chief Financial Officer enhances the company's leadership team with expertise in financial oversight and strategic finance.
- The partnership with MACK Financial Solutions, LLC indicates a proactive approach in improving financial management and reporting, essential for compliance as a public company.
- Greenwave plans to aggressively expand its footprint by acquiring independent, profitable scrap yards, signaling growth potential and commitment to increasing market share.
- The company operates in a sustainable industry focused on metal recycling, highlighting its commitment to environmental benefits and efficient resource management.
Potential Negatives
- The appointment of Chelsea Pullano as part-time CFO may indicate a lack of robust financial leadership within the company, as they rely on an external firm's services for critical financial operations.
- The press release suggests a dependence on outsourced financial services through MACK, which could raise concerns about internal capabilities and long-term sustainability.
- There are forward-looking statements and cautionary notes regarding risks and uncertainties, which may signal to investors that the company's future performance is not guaranteed and carries potential risks.
FAQ
Who was appointed as CFO of Greenwave Technology Solutions?
Chelsea Pullano was appointed as Chief Financial Officer of Greenwave Technology Solutions, effective February 5, 2026.
What will Chelsea Pullano's role involve at Greenwave?
As CFO, she will provide strategic financial oversight, manage SEC filings, and coordinate financial reporting activities.
What services will MACK Financial Solutions provide to Greenwave?
MACK will oversee bookkeeping, financial reporting, and SEC reporting duties for Greenwave Technology Solutions.
How does Greenwave contribute to environmental sustainability?
Greenwave’s recycling of scrap metal reduces energy use, lowers CO2 emissions, and conserves natural resources compared to virgin metals.
What are Greenwave's future expansion plans?
Greenwave plans to expand its footprint by acquiring independent, profitable scrap yards in the coming months.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
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Full Release
Chesapeake, VA, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Greenwave Technology Solutions, Inc. (“Greenwave” or the “Company”) (Nasdaq: GWAV), an operator of metal recycling facilities in Virginia, North Carolina, and Ohio, today announced that the board of directors (“Board”) of the Company appointed Chelsea Pullano as Chief Financial Officer of the Company, effective February 5, 2026.
Ms. Pullano’s appointment is in connection with the Company’s entry into the scope of work agreement with MACK Financial Solutions, LLC (“MACK”), dated January 2, 2026, pursuant to which MACK agreed to provide professional services to the Company, including oversight of all bookkeeping, financial reporting and SEC reporting duties of the Company and Ms. Pullano serving as the part-time Chief Financial Officer of the Company, subject to her appointment by the Board. As CFO, Ms. Pullano will provide strategic financial oversight and executive-level support to the Company, including review and certification of SEC filings, financial reporting coordination with auditors, legal counsel, and other outsourced accounting professionals, and other responsibilities customarily performed by a CFO of a public company.
Ms. Pullano is a financial executive with experience supporting public and private companies in accounting, financial reporting, and strategic finance. Ms. Pullano co-founded MACK in May 2023, an accounting and advisory firm that provides outsourced financial, accounting and advisory services to growth-stage companies and public companies. Since May 2023, she has served as a partner and chief executive officer of MACK. Previously, from June 2020 to May 2023, Ms. Pullano served as Chief Financial Officer of Creatd, Inc., and from September 2024 to March 2025, as Director of Finance at the law firm Lucosky Brookman LLP.
About Greenwave
Greenwave Technology Solutions, Inc., through its wholly owned subsidiary Empire Services, Inc., is an operator of 13 metal recycling facilities in Virginia, North Carolina, and Ohio. The Company’s recycling facilities collect, classify, and process raw scrap metal (ferrous and nonferrous) and implement several unique technologies to increase metal processing volumes and operating efficiencies, including a downstream recovery system and cloud-based ERP system.
Steel is one of the world’s most recycled products with the ability to be re-melted and re-cast numerous times. Recycling steel provides key environmental benefits over virgin metals, including reduced energy use, lower CO2 emissions, lower waste, and conserving natural resources. The Company’s customers include large corporations, industrial manufacturers, retail customers, and government organizations. The Company plans to aggressively expand its footprint of locations by acquiring independent, profitable scrap yards in the coming months. For more information, please visit www.GWAV.com .
Forward-looking Statements
The Company cautions you certain of the statements in this press release may represent “forward-looking statements” as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are based on assumptions believed by the Company to be reasonable and speak only as of the date on which such statements are made. Without limiting the generality of the foregoing, words such as “expect,” “believe,” “anticipate,” “intend,” “plan,” “project,” “will” or “estimate,” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. Except as required by law, the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date and cautions investors not to place undue reliance on any such forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the statements based on a number of factors. Please refer to the risk factors discussed in Part 1, Item 1A of our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as amended, and our other reports filed with the SEC. Readers are cautioned that it is not possible to predict or identify all of the risks, uncertainties and other factors that may affect future results.
Contact Info:
(800) 490-5020
[email protected]
