Bion hires meat industry veteran Bill O'Neill as CEO; Bassani moves to COO
BION ENVIRONMENTAL TECHNOLOGIES INC
William O'Neill appointed CEO effective May 1, 2022; 37-month employment agreement.
Compensation: $25K cash + $10K deferred comp per month; entity affiliated with O'Neill receives 1M warrants exercisable at $1.00/share through April 2026.
Dominic Bassani (former CEO) becomes COO, retaining operational responsibilities and focusing on commercialization & joint ventures.
Bion and O'Neill's company Wise Up Foods form strategic alliance to develop blockchain technology for verified sustainable impact.
Press release issued May 2, 2022, titled 'Bion Engages Meat Industry Veteran to Lead Sustainable Beef and Livestock Opportunity'.
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