NexGen Biofuels, which is engaged in ethanol and bio-diesel fuel production, has announced that its CFO Eran Rotem will leave NexGen, effective June 2008.

NexGen Biofuels, formerly known as Healthcare Technologies, has initiated search for a suitable candidate in the US to fill this position.

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