Taronis Fuels, Inc. announced the resignation of Kevin Foti from his position as CEO of the company, effective December 10, 2021. The company also announced that Jered Ruyle will succeed Foti as interim CEO. Ruyle has over 14 years of experience in the packaged gas industry. He has been an Executive Vice President at the company, overseeing the company?s Southern region of operations since January 2020. Previously, Ruyle held a number of key positions, including President, within his family?s multi-generational packaged gas business, which was eventually acquired by the company. Ruyle has industry-specific experience in fill plant operations, management of logistics teams and leadership of sales teams.
Taronis Fuels, Inc. is a renewable fuel and power generation company. The Company manufactures and distributes industrial, medical, specialty and beverage gases and associated welding and safety supplies through its subsidiary, MagneGas Welding Supply. The Company operates over 15 retail locations and two gas fill plants. The Companyâs gas fill plants create industrial, medical, specialty and beverage gas products that are distributed to its wholesale and retail customers. The Company also supplies its customers with products ranging from bulk quantities of cryogenic gases to individual packaged gas cylinders. The Company has a diversified customer base in both the wholesale and retail markets. The Company has the expertise, assets and sources of supply necessary to service large, bulk cryogenic gas customers as well as small one-man businesses.