Buffalo Biodiesel Appoints New Leadership for Major Expansion

Buffalo Biodiesel Inc., a pioneer in renewable energy and recycling technology, has announced a series of executive appointments as it gears up for a major expansion fueled by a $300 million capital partnership with Verite Capital Partners. Founded in 2005 and headquartered in Buffalo, NY, the company operates one of the largest used cooking oil collection networks in the Northeastern U.S., serving over 30,000 restaurants across 15 states. With the new investment, Buffalo Biodiesel plans to expand its operations into 25 states stretching from Montreal to Miami, creating more than 600 jobs. The company's growth strategy is anchored by a leadership overhaul, starting with the appointment of Frank Balon as President and Chief Legal Officer. Balon, a former Co-President and Chief Legal Officer at Steuben Foods, brings a blend of operational and legal expertise to scale the business. Founder Sumit Majumdar expressed confidence in Balon, stating, "Frank possesses the exact blend of operational brilliance and legal acumen needed to scale our business." Balon has quickly assembled a robust executive team, including Ryan Haggerty as Chief State Litigator and General Counsel, and Jeremiah Lenihan as Chief Federal Litigator. Haggerty, a former Erie County prosecutor with over 14 years of experience, will oversee state litigation, while Lenihan, a former Assistant United States Attorney who prosecuted organized crime and money laundering cases, will handle federal litigation. Additionally, Peter Grisanti, CPA, MBA, has been appointed Chief Financial Officer. Balon emphasized that these appointments strengthen the company's legal, financial, and operational capabilities as it enters its most significant growth period. The company's mission is to collect and process renewable feedstocks to manufacture advanced carbon materials and sustainable bio-products, directly preventing greenhouse gas emissions. For more information, visit www.buffalobiodiesel.com.