On March 28, 2016, David Ide, the company 's Interim Chief Executive Officer, informed the Board of Directors of GlyEco, Inc. of his intention to not extend his tenure as Interim Chief Executive Officer beyond the expiration of his consulting agreement on April 30, 2016. Mr. Ide will continue to serve as a member of the Board of Directors and as Chairman of the Board of Director's Executive Committee. On March 28, 2016, the Board of Directors of the company appointed Grant Sahag to be the company's Chief Executive Officer, effective May 1, 2016.