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Cary J. Claiborne

Cary J. Claiborne

President and Chief Executive Officer

New Generation Biofuels, Inc.

Cary J. Claiborne, President and CEO, joined New Generation Biofuels in December 2007. Prior to joining New Generation Biofuels, Mr. Claiborne served as the Chief Financial Officer of Osiris Therapeutics, a publicly traded Biotech company from 2004 to 2007, where he led the Company’s finance and information technology organizations and served as a strategic business partner to the Chairman of the Board and CEO. More >

From 2001 to 2004, Mr. Claiborne was the Vice President, Financial Planning and Analysis at Constellation Energy, a Fortune 200 diversified Energy Company. At Constellation he oversaw a budget consisting of $12 billion in revenue and over $500 million in net income. Prior to joining Constellation, Mr. Claiborne was the Vice President of Financial Planning and Analysis at Home Depot, Inc., where he oversaw a budget of $46 billion in revenue and $3 billion in net income. Before joining Home Depot, Mr. Claiborne was also the Vice President of Financial Planning and Analysis at MCI Corporation, where he supervised the financial planning and analysis activities for MCI’s Core Communications group ($33 billion in Revenue).

Mr. Claiborne spent the first 15 years of his career at General Electric, where he held numerous senior leadership positions, leading to President and CEO of New Enterprise Wholesale Services. In this role, he directed the business activities of an $80 million telecommunications reseller. Prior to this position, he was Senior Vice President and CFO of GE Capital Business Services and Director of Operations Analysis for GE Capital. Mr. Claiborne earned an MBA in Finance from Villanova University and a BA in business administration from Rutgers University.

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