On April 27, 2018, the Board of Directors GlyEco, Inc. appointed Richard Geib as its Chief Operating Officer. Mr. Geib is currently the Executive Vice President of Additives and Glycols and was previously the company's Chief Technology Officer. As the Chief Operating Officer of the Company, Mr. Geib will be responsible for, among other duties: executing the company's business plans and strategies across all areas of operation; design and implementation of the company's business processes and procedures across all areas of operation, including, but not limited to, personnel, feedstock, production, logistics, products, facilities, quality assurance and information technology systems; assist the company's Chief Executive Officer and Chief Financial Officer, provide reports to each of them, and contribute to the formation of the company's strategy, vision and planning; P&L from the company's individual operating facilities and segments/divisions; and manage the business relationships with partners, suppliers, customers and vendors. On April 27, 2018, Dennis Kelly was appointed to the position of Executive Vice President of the Industrial Segment of the company. Mr. Kelly is currently the company's Vice President of Business Development. Mr. Kelly will be responsible for the company's industrial segment, including, without limitation, the operations and financial performance. Mr. Kelly will report to Richard Geib in his position as the Chief Operating Officer. The Institute Glycol Plant Manager will report to Mr. Kelly, as well as the anticipated new role of WEBA Operations Manager. Mr. Kelly has worked in the antifreeze/engine coolant industry for approximately 20 years. On April 27, 2018, Michael Olsson was appointed to the position of Executive Vice President of the Consumer Segment of the Company, which is a re-naming of his prior titles. Mr. Olsson was previously the company's Vice President of Sales & Marketing. He was also the company's Executive Vice President and Chief Operating Officer of the Consumer Segment, which with this appointment have now been consolidated to be named the "Executive Vice President of the Consumer Segment". Mr. Olsson will be responsible for the company's consumer segment, including, without limitation, the operations and financial performance. Aside from his change in title, the key difference between Mr. Olsson's prior roles and the new role is that he will report to Richard Geib in his position as the Chief Operating Officer in lieu of the Chief Executive Officer.