Alder Fuels appoints acting CEO

In Washington, the Board of Alder Fuels has appointed Tim Obitts as Acting CEO of Alder Fuels. Bryan Sherbacow’s final day as CEO and President of Alder Fuels was December 27th, 2022. With the help of the senior team at Alder, Tim will help steer the company through this next chapter.

Xavier Adserà, Non-Executive Chairman, Alder Fuels, commented, “We are grateful that Tim has stepped up as Acting CEO. Tim is a proven aviation expert and industry leader, and we look forward to supporting him during this transitional phase. The problem the company is trying to solve is as important as ever, and the technological value proposition is clear. We are deeply thankful to our partners.”

Tim Obitts has more than 27 years of legal and executive experience. Prior to joining Alder Fuels, he served as the Chief Executive Officer and President of the National Air Transportation Association (NATA), a trade association made up of 3,700 plus companies from across the aviation industry. Prior to serving as CEO and President, Tim served as the Chief Operating Officer and General Counsel for NATA. Before his tenure at NATA, he served as the managing shareholder of the law firm Gammon & Grange, P.C., where he acted as counsel for numerous for-profit and non-profit entities.