NEW YORK - Bion Environmental Technologies, Inc. (OTC Bulletin Board: BNET) announced today that Ed Schafer, former Governor of North Dakota and former Secretary of the U.S. Department of Agriculture, has agreed to join Bion's management team through the end of 2013.
Mr. Schafer stated, 'Bion's technology, along with the Integrated Project business model it supports, has the potential to simultaneously provide significant advantages to the agricultural community while improving the health of our environment and providing significant cost savings to the American taxpayer. This combination represents a remarkable business opportunity. I am looking forward to lending my expertise to this endeavor that truly benefits everyone.'
Mr. Schafer will provide Bion with strategic advice, focusing on areas of public policy related to the livestock industry both domestically and internationally. Mr. Schafer will initially consult with Bion during a transitional period anticipated to be completed by January 2011 (while he concludes certain existing engagements). Commencing in early 2011, Mr. Schafer will become a key member of Bion's senior management team.
Mr. Schafer was the Secretary of Agriculture from 2008 to 2009 and Governor of North Dakota from 1992 to 2000. In addition to his public sector experience, he has successfully led a multi-national consumer products business and several entrepreneurial start-up companies. Mr. Schafer graduated from the University of North Dakota with a Bachelor of Science degree in business, earned a Master of Business Administration at the University of Denver, and has been awarded two honorary doctorate degrees. Mr. Schafer has served on public and private corporate boards of directors and held leadership positions in foundations and trade associations. He is also an active member of many civic and service organizations.
Mark Smith, Bion's president and general counsel, stated, 'We are very pleased to add Ed Schafer to our team. Ed's private- and public-sector experience gives him a unique perspective that allows him to understand and appreciate the opportunities that are created by Bion's proprietary technology platform for the livestock production/processing and renewable energy industries. As we move forward with the implementation of our business plan, we feel that his experience will play an important role in our success.'