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VANCOUVER, British Columbia, January 02, 2024–(BUSINESS WIRE)–Svante Technologies Inc. (Svante), a leading carbon capture and removal solutions provider announced today that it has appointed Justine Fisher as its Chief Financial Officer (CFO). The company has been rapidly scaling since it closed US$318 million in its Series E fundraising round in December 2022, nearly doubling its employee headcount, and appointing a new Chief Operating Officer (COO), Chief Revenue Officer (CRO), and Chief Commercial Officer (CCO).
“As we continue to expand our operations globally, we must ensure that all elements of our business are in a position and able to assist our immediate expansion, especially those that have an effect on our monetary reporting and the success of business relationships with existing investors and long-term funding resources. “said Claude Létourneau, President and CEO of Svante. “I am pleased to welcome Justine to Svante’s leadership team and announce that Karen Miller, Vice President of Finance and Internal Controls, Kent Alekson, Vice President of Corporate Development, and Tyler Cheyne, Vice President of People and Culture, will report directly to the new Chief Financial Officer.
“Carbon control is a key pillar of the green business transition that will allow us to slow the speed of climate change. I am revered for being a component of Svante’s carbon capture solution,” Fisher said. “It is impressive to see a company evolve as temporally as Svante has over the last two years and I look forward to working with Claude and the team to unlock the next phase of the company’s expansion as we market it around the world. ”
Justine brings more than 20 years of experience in corporate finance, capital raising, balance sheet control, and investor communications in the commercial and commodity sectors. He will be responsible for overseeing strategic planning, budgeting, forecasting, functionality reporting, accounting, treasury, fiscal and monetary reporting functions, as well as Svante’s People & Culture group. He will oversee Svante’s monetary issues with external stakeholders, aggregating capital markets, institutional investors, lenders, regulators, and auditors. This includes ensuring the adoption and implementation of new virtual businesses. technologies to create a connected finance organization that can produce real-time insights to inform key business decisions and drive business value. Justine will lead the efforts to make sure you are professional and motivated to achieve the goals and objectives of the Svante company.
Since its inception in 2007, Svante employs around three hundred professionals and has become a global leader in the carbon capture and removal industry. The company manufactures filters and machines based on forged absorbents that trap CO2, a destructive greenhouse gas, from heavy substances and hard-to-reduce commercial facilities. The company’s filters can also be used to remove CO2 from the environment in direct air capture (DAC) applications.
About Svanté
Headquartered in Vancouver, British Columbia, Canada, Svante is a leading provider of specific carbon capture and removal solutions. The company manufactures nanotechnology filters and modular rotary contactor machines that capture and remove CO2 from commercial and atmospheric emissions in an environmentally friendly way. Svante is part of the 2023 Global Cleantech Hundred, XBone Hundred from the XPRIZE Foundation: The World’s Top Hundred Deep Technology Companies, and is ranked second among private corporations in Corporate Knights’ Future 50 ranking of fastest-growing sustainable companies. To learn more, stop at www. svanteinc. com and stay with Svante on LinkedIn www. linkedin. com/svantesolutions.
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Contacts
Svante Media Colleen NittaDirector of Marketing & comunicacionescnitta@svanteinc. com 604-970-2813