Greenwave Announces Appointment of Chelsea Pullano as Chief Financial Officer
MWN-AI** Summary
Greenwave Technology Solutions, Inc. announced the appointment of Chelsea Pullano as Chief Financial Officer, effective February 5, 2026. This decision aligns with the Company's recent agreement with MACK Financial Solutions, LLC, which outlines MACK's role in overseeing bookkeeping, financial reporting, and SEC compliance for Greenwave. Pullano's appointment as CFO represents a strategic move to enhance the Company's financial oversight and executive support.
The newly appointed CFO brings a wealth of experience from her previous roles. She co-founded MACK in May 2023, where she served as CEO and partner, providing financial, accounting, and advisory services to public and growth-stage companies. Before that, she held significant positions including CFO of Creatd, Inc., and Director of Finance at the law firm Lucosky Brookman LLP.
In her role as CFO, Pullano will be integral to the Company's financial operations which include certifying SEC filings, coordinating financial reporting with auditors and legal counsel, and maintaining necessary regulatory compliance. This appointment signifies Greenwave’s commitment to solidifying its financial strategy as it expands its metal recycling facilities across Virginia, North Carolina, and Ohio.
The Company's subsidiary, Empire Services, operates 13 recycling facilities, processing both ferrous and nonferrous metals. Greenwave's focus on harnessing cutting-edge technologies to improve operational efficiencies positions it strongly within the recycling industry, particularly in steel, a highly recyclable material that offers environmental advantages over virgin metals.
Overall, Greenwave Technology Solutions is poised for growth, leveraging Pullano's expertise as it looks to expand its footprint by acquiring additional scrap yards. Investors are encouraged to review the Company’s forward-looking statements, with a reminder that actual results may vary based on various risks and uncertainties. For more information, visit www.GWAV.com.
MWN-AI** Analysis
Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) recently appointed Chelsea Pullano as Chief Financial Officer, signaling a strategic shift within the company as it aims to expand its operational footprint in the metal recycling industry. Pullano's diverse background in financial oversight and her experience with MACK Financial Solutions position her well to guide Greenwave through its anticipated growth phase.
Investors should take note of several key factors surrounding this development. First, Pullano's previous roles—CFO of Creatd, Inc. and executive at MACK—highlight her deep understanding of the complexities of financial reporting and compliance. This experience will be pivotal as Greenwave navigates increasing regulatory scrutiny associated with public companies. As the company looks to acquire independent scrap yards, having a CFO with a strong financial foundation can enhance its valuation and attract investors.
Second, the metal recycling industry is poised for expansion, driven by growing sustainability trends and the demand for recycled materials. Greenwave’s strategy to leverage technological advancements, such as its cloud-based ERP system and downstream recovery mechanisms, will likely enhance operational efficiencies and contribute to profitability. These technological investments could lead to higher margins as demand for recycled steel continues to rise, given its environmental benefits over virgin materials.
However, investors should remain cautious of potential risks outlined in the company's forward-looking statements. Market fluctuations, regulatory challenges, and the competitive landscape of the recycling industry may affect growth projections. The successful acquisition and integration of new facilities will also be critical in realizing the envisioned expansion.
In summary, Greenwave presents a compelling opportunity for investors looking at the recycling sector, particularly under Pullano’s experienced oversight. It may be prudent to monitor the company's performance closely in the coming quarters, particularly as it executes its growth strategy.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news 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
Info@GWAV.com
FAQ**
How does Greenwave Technology Solutions Inc GWAV plan to utilize the expertise of Chelsea Pullano as CFO to drive growth and expand its recycling facilities?
What specific strategies does Greenwave Technology Solutions Inc GWAV intend to implement for acquiring independent scrap yards, and how will this affect its market position?
Can Greenwave Technology Solutions Inc GWAV provide insights into the impact of its unique technologies on operational efficiency and profitability in metal recycling?
What risks and uncertainties does Greenwave Technology Solutions Inc GWAV anticipate with its aggressive expansion plans, and how does it plan to mitigate them?
**MWN-AI FAQ is based on asking OpenAI questions about Greenwave Technology Solutions Inc (NASDAQ: GWAV).
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