Jon Ryan has been named president of The Wood Energy Group, Inc., owned by Banyan Rail Serivices Inc.
Ryan, who also serves as Banyan Rail’s chief financial officer, has more than 14 years of major accounting firm experience, including as a senior assurance manager at both Ernst & Young in Fort Lauderdale, Fla., and Smoak, Davis & Nixon LLP in Jacksonville, Fla. Most recently, he was corporate controller at the The Gazit Group, USA, a subsidiary of Gazit-Globe.
“The appointment of Jon, combined with Wood Energy’s solid base of business, provides a tremendous platform from which to grow the company over the next several years,” said Donald Redfearn, president of Banyan Rail Services. “Jon was instrumental in completing Wood Energy’s recent move to a larger, more efficient tie processing site in Gibsland, La. In addition, as a result of long-term service agreements, the company is investing in new tie processing equipment that will streamline operations, reduce costs and position the company to handle increased business.”