Greenwave Technology Solutions Inc. (NASDAQ: GWAV) announced the appointment of Chelsea Pullano as chief financial officer, effective Feb. 5, 2026. The decision follows the company's Jan. 2, 2026, scope of work agreement with MACK Financial Solutions LLC, which will provide bookkeeping, financial reporting, and SEC reporting services, with Pullano serving as part-time CFO. Pullano, co-founder and CEO of MACK since May 2023, brings extensive experience from her tenure as CFO of Creatd Inc. from June 2020 to May 2023 and as director of finance at Lucosky Brookman LLP from September 2024 to March 2025.
This appointment is crucial for Greenwave as it seeks to enhance its financial infrastructure and reporting capabilities. The company, which operates 13 metal recycling facilities across Virginia, North Carolina, and Ohio, focuses on processing ferrous and nonferrous scrap metal. By integrating advanced technologies like a downstream recovery system and cloud-based ERP system, Greenwave aims to increase processing volumes and operational efficiencies. The partnership with MACK is expected to streamline financial operations, providing the company with robust support as it plans to aggressively expand its footprint by acquiring independent, profitable scrap yards.
The implications of this announcement are significant for investors and stakeholders. Pullano's experience in financial leadership and SEC compliance is likely to improve transparency and investor confidence. The move also reflects Greenwave's commitment to strengthening its financial controls amid growth plans. For more details, the full press release is available at https://ibn.fm/VRXky. Additionally, investors can stay updated with the latest news on GWAV at the company's newsroom: https://ibn.fm/GWAV.
Greenwave's role in the recycling industry underscores its environmental impact: steel is one of the most recycled products globally, and recycling conserves energy, reduces CO2 emissions, and preserves natural resources. The company serves a diverse customer base including large corporations, industrial manufacturers, and government organizations. As it expands, Greenwave aims to capitalize on growing demand for sustainable metal recycling, making this financial restructuring a pivotal step toward achieving its strategic goals.
