Well, money oversight at least. NexGen Biofuels has announced plans to replace its current CFO with a more local representative.

NexGen Biofuels Ltd. has announced that Eran Rotem, its Chief Financial Officer, who currently lives in Israel, will be leaving NexGen, effective June 2008. The Company has initiated search for a suitable candidate in the United States to fill this position.

Ram Ajjarapu commented: “We appreciate the contributions that Eran has made to NexGen in the transition from Healthcare Technologies Ltd. His leadership and professionalism have been recognized by everyone throughout the organization. We sincerely wish him every success in the future.”

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