Jared and his wife Jaynee were Renuva Energy's first investors and Jared currently manages the company's finances. Jared's career has been spent mostly in the Fintech industry. He joined payment processing company iTransact in the basement in 1999 and was responsible for raising early venture funding, business development, finance, and managing the company as CFO through three mergers. iTransact was acquired by Payroc in the Fall of 2016 and Jared currently serves as their EVP of Integrated Payments while also serving on the Payment Facilitator Council for the Electronic Transaction Association and the National Faster Payment Council.
Jack Savage, founder and Chairman of Renuva Energy was also the founder of Oil Tech, Inc., a company Savage established, transcended into a working organization and then sold to a prominent energy company headquartered in Australia. Jack assumed the position of Chairman, CEO and President of Oil Tech, Inc. in February 2000. The proprietary technology of Oil Tech, Inc. is the forerunner to both the patented and patent pending technology of Renuva Energy. Prior to that, Savage served as Vice President of Sales and Marketing and General Manager of Yonex USA, a manufacturer and marketer of golf and tennis products, Vice President of Browning Fire Arms and General Manager of Browning’s golf division and Vice President of marketing and sales of the Arnold Palmer Golf Company and Pro Group, Inc.
In addition to his management skills, Mr. Savage has a proven record in strategic planning and execution, budget/sales forecasting, budget management, advertising, promotion and public relations. Mr. Savage has substantial international experience having successfully conducted business in Japan, Korea and Europe.
Jack’s greatest talent and asset is his ability to surround himself with great people; people he deems to be smarter and more creative than himself. Regardless of a company’s product or service, Savage believes in his managerial philosophy that only people within can make a company succeed to its potential. Savage is confident that the assembled Renuva Energy Team of professionals is made up of the most experienced, successful, intelligent and generally capable managers he has ever been associated with.
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