Summit Carbon Solutions Announces the Addition of Executive Vice President and Chief Financial Officer

Summit Carbon Solutions is pleased to announce Aaron Hood has joined the company as Executive Vice President and Chief Financial Officer.  Mr. Hood is an experienced operating executive with a successful track record of growing businesses, capital formation, M&A and human capital leadership in high-growth companies.  Mr. Hood’s versatile skillset and management acumen will be instrumental in driving strategic execution of Summit Carbon Solutions’ goals to capture, transport, and store CO2 from biorefineries, and accelerate biofuels towards net zero carbon emissions.

Prior to Mr. Hood’s most recent role as Finance Senior Fellow at the United States Military Academy, Mr. Hood was a Partner and Head of Asset Management at Perella Weinberg Partners, a global financial services firm.  After helping to found the firm, Mr. Hood also held various leadership roles within Perella Weinberg, including as the firm’s Chief Financial Officer and  Chief Operating Officer of Asset Management. Previously, Mr. Hood worked as a leveraged finance investment banker at Morgan Stanley, serving a variety of energy industry clients.  Before beginning his successful career in finance and asset management, Mr. Hood served as a Captain and Lieutenant in the United States Army Corps of Engineers for 5 years, holding leadership roles in the United States and Europe.  Mr. Hood received his undergraduate degree from the United States Military Academy at West Point and his MBA from Harvard Business School.  Mr. Hood also sat on the boards of Fortress Value Acquisition Corporation I and II and serves as a Strategic Advisor to a Texas-based silica sand company.

“I have been eager to join the team at Summit Carbon Solutions since I was introduced to the project.  This is a unique opportunity to build the foundation and culture for a platform that will reduce carbon emissions on a scale never previously achieved,” said Mr. Hood.  “In a world increasingly focused on sustainability, demand for carbon reduction will continue to drive investment capital to the space, and I look forward to working with the rest of the Summit Carbon Solutions leadership team to continue to develop and execute the business plan.”

“Aaron’s proven leadership in building and managing large-scale, fast-growing businesses will be a critical asset to Summit Carbon Solutions,” said Bruce Rastetter, CEO of Summit Agricultural Group.  “Through his strategic thinking and approach to financial management, Aaron is already adding value to the business, and we look forward to working alongside him in the future.”