Senior Management Team

David Lifschultz - Chairman of the Board, CEO

The senior management team at Genoil is proud of it's incredible partnerships, strategy, and corporate vision. The team manages the day to day responsibilities. Genoil has the immediate ability to expand the world oil production with the goal implementing of our extremely profitable clean technology for existing proven high sulfur, medium and heavy oil reserves in the near future. (See proven oil reserve chart & short term trends)

David Lifschultz and the board of directors are known for their forward thinking and possess a very broad knowledge of the energy sector. Mr. Lifschultz is extremely well versed on the global macro and geopolitical dynamics affecting the energy sector as a result he has been extremely accurate in his oil trend predictions.

David has a long and successful career in directing companies in the fields of technologies, transportation and energy. He was the President and Chief Executive Officer of Lifschultz Terminal Leasing Inc., a holding and investment company that allocates capital for alternative energy technologies. 

Mr. Lifschultz was President & Chief Executive Officer of Lifschultz Fast Freight (Founded in 1899,). Lifschultz Fast Freight was a surface transportation company with 2000 employees and revenues of approximately $100 million per annum and he also supervised Trans Air Freight Systems, which he sold to Air Express International (AEI). In addition, he supervised Ocean Freight Forwarder, Wolf and Gerber and brokerage clearing house, Loretz & Co. Mr. Lifschultz created the first integrated surface air transportation system.

Mr. Lifschultz was President and CEO of Lifschultz Industries Inc for ten years, a high tech precision metrology company notable for it's heat measuring instruments that measured heat to the nano degree. It was sold to Danaher in 2001. When David took the reins in the early 90's Lifschultz Fast Freight was in extreme distress. Mr. Lifschultz turned around the company and built the it up from $1.50 stock value and $2 million in sales and was loosing money at the time and sold it 8 years later for $ 22.80 a share to the Danaher Corporation (DHR). His family transportation interests date back to 1899. Currently he controls approximately 30% of Genoil's common shares, and has invested his family's money in Genoil as well. In addition many of the old shareholders from Lifschultz Industries who witnessed his amazing turnaround have followed David and currently support him at Genoil. 

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