(RTTNews) – Imperial Petroleum Inc. (IPMN.PK) announced the resignation of Jeffrey Wilson, who was Chairman of the Board of Directors, President and CEO.

Effective immediately, the Board has appointed John Ryer, a Director of the Company, as CEO and President of Imperial Petroleum. The Board has also promoted Tim Jones to Chief Financial Officer of Imperial Petroleum and President of e-Biofuels.

Jones has been the VP of Finance for e-Biofuels. In addition, Aaron Wilson resigned his seat from the Board and will retain his operational title as President of Arrakis Oil Recovery LLC., a wholly-owned subsidiary of Imperial Petroleum.

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