Wharton, New Jersey – Anax Power (www.anaxpower.com), whose technology generates clean power from natural gas, without combustion, today announced that Dennis L. Wolfarth (“Denny”) will join its Board of Directors.
“We’re excited to expand our board with the addition of Denny, who will add significant financial acumen to our team. In addition to the operational experience in gas and power that already exists on Anax’s board, Denny will help optimize the company’s business model and financial structure,” said Joe Longo, Anax’s CEO.
Denny Wolfarth began his career at Arthur Andersen and was a partner in the Atlanta Office. After Arthur Andersen, Denny was the CFO of a $400 million publicly traded manufacturing company, where he led business systems improvement, working capital management improvement, and debt restructuring.
Recently, Denny was the co-founder of Burke Capital Group, a middle market Investment banking firm, focused on Corporate Finance and middle market Merger and Acquisition advisory that was ranked as the top M&A advisor in the southeast.
Denny is a Certified Public Accountant (Inactive) and holds a BS in Business Administration from The Ohio State University and an MBA from the University of Wisconsin. He holds Series 7, 24, and 63 securities licenses
Anax Power is a New Jersey-based clean energy technology company that builds, markets, and develops projects around the 500kW Anax Turboexpander. Anax is headquartered in Wharton, NJ, one of the state’s economic opportunity zones.