New Generation Biofuels appoints Saglio as CFO

Renewable fuels provider New Generation Biofuels Holdings Inc. named Dane R. Saglio as chief financial officer, effective March 29. Prior to joining New Generation Biofuels, Saglio had worked as a consultant with emerging private companies in the areas of strategic planning, including exit strategies, transaction evaluation, capital structure, corporate governance, and financial and business operations evaluation, since December 2008. Prior to that, Saglio served as chief financial officer of EntreMed Inc., a publicly traded clinical-stage biopharmaceutical company focused on developing oncology therapies.