Carbios' Board of Directors Nominates a New Chief Executive Officer
08 November 2021 - 06:45AM
Business Wire
- Jean-Claude Lumaret, co-founder of Carbios and Chief
Executive Officer of the Company since its creation in 2011, will
remain a Board member
- Emmanuel Ladent’s position as Chief Executive Officer will
take effect December 1st 2021
Regulatory News:
Carbios (Euronext Growth Paris: ALCRB), a pioneer in the
development of enzymatic solutions dedicated to the end-of-life of
plastic and textile polymers, is pleased to announce the nomination
of Emmanuel Ladent as Chief Executive Officer of the Company. He
will also be Chairman of Carbios’ subsidiary, Carbiolice. His role
will take effect on December 1, 2021. At the same time, the Board
of Directors acknowledged the resignation of Jean-Claude Lumaret on
November 5, 2021 from his position as Chief Executive Officer. In
order to ensure the transition with Emmanuel Ladent, Jean-Claude
Lumaret will remain an employee of the Company until his retirement
on 31 March 2022. He will also continue to serve as a Board member
of the Company until the end of the General Meeting, which will be
held in 2025 to approve the financial statements for the year
ending December 31, 2024.
Emmanuel Ladent, 52, a graduate of the Neoma Business School,
has 30 years of experience in the automotive sector and more
specifically in mobility. Most recently, he managed the MICHELIN
Group's largest business line, the Automotive Global Brands
division. His management career is characterised by a strong
international background, with more than 20 years spent working on
several different continents. Specialised in business
transformation through innovation, Mr. Ladent has contributed to
the development of subsidiaries with multi-billion euro turnovers.
Through strong leadership, he has been able to unite
interdisciplinary and intercultural teams around a common vision
and ambitious goals.
"I am confident that Carbios, and its subsidiary Carbiolice,
will emerge as a world leader in the development, industrialization
and commercialization of biological processes to rethink the
end-of-life of plastics and textiles! To do so, as a team we intend
to successfully transition from an R&D phase to
industrialization, while pursuing our innovation efforts to provide
sustainable solutions for biorecycling and biodegradation of
additional polymers. I am thrilled to be joining an innovative
company that offers concrete and meaningful solutions for a
circular economy of plastic wastes," says Emmanuel
Ladent.
Jean-Claude Lumaret, 64, co-founded Carbios in 2011 and led the
company as CEO throughout this period. He supported Carbios in its
growth: 10 years devoted to the research and development of
proprietary enzymes and innovative processes dedicated to PET
recycling and PLA biodegradation, leading to the first industrial
achievements.
"I would like to express my gratitude to Philippe Pouletty, CEO
of Truffle Capital and co-founder of Carbios, for allowing me to
embark in this incredible career journey ten years ago. I am proud
to have contributed over these years to the development of Carbios
and its disruptive technologies that enable us to rethink the
end-of-life of plastics and textiles. Starting with a pioneering
concept, the know-how and commitment of all the Company's employees
have resulted in concrete solutions that will soon be on the
market. It is with confidence that I am now handing over the reins
to Emmanuel Ladent, whose international experience will be of great
help in the industrial deployment of Carbios' technologies, towards
a well-deserved worldwide recognition," says Jean-Claude
Lumaret.
“On behalf of the Board and myself, I would like to extend my
warmest thanks to Jean-Claude Lumaret for his commitment to
Carbios. He has provided strong and inspiring leadership to the
company, guiding it in its R&D ambitions and early industrial
achievements, while also accompanying it on its ambitious stock
market venture from 2013, enabling Carbios to raise a total of more
than €173 million and to see its market capitalisation rise from
€52 million at the time of its IPO in December 2013 to €418
million* today,” said Ian Hudson, Chairman of Carbios’ Board of
Directors. “I would also like to welcome Emmanuel
Ladent. We are convinced that his professional and personal
qualities will be major assets in supporting the Company's growth
and meeting the challenges of innovation, industrialization and
commercialization in the coming years,” he added.
About Carbios: Carbios, a green
chemistry company, develops biological and innovative processes
representing a major innovation in the end of life of plastics and
textiles. Through its unique approach of combining enzymes and
plastics, Carbios aims to address new consumer expectations and the
challenges of a broader ecological transition by taking up a major
challenge of our time: plastic and textile pollution.
Founded in 2011 by Truffle Capital, the mission of Carbios is to
provide an industrial solution to the recycling of PET plastics and
textiles (the dominant polymer in bottles, trays, textiles made of
polyester). The enzymatic recycling technology developed by Carbios
deconstructs any type of PET plastic waste into its basic
components which can then be reused to produce new PET plastics of
a quality equivalent to virgin ones. This PET innovation, the first
of its kind in the world, was recently recognized in a scientific
paper published in the prestigious journal Nature. Additionally,
Carbios is working hand in hand with multinational brands — like
L’Oréal, Nestlé Waters, PepsiCo and Suntory Beverage & Food
Europe — to implement its technology, and to lead the transition
toward a truly circular economy.
The Company has also developed an enzymatic biodegradation
technology for PLA (a bio sourced polymer) based single use
plastics. This technology can create a new generation of plastics
that are 100% compostable in domestic conditions, integrating
enzymes at the heart of the plastic product. This disruptive
innovation has been licensed to Carbiolice, a joint venture created
in 2016, which is now Carbios’ subsidiary.
For more information, please visit www.carbios.com/en
Twitter: Carbios LinkedIn: Carbios Instagram : carbioshq
Carbios (ISIN FR0011648716/ALCRB) is eligible for the PEA-PME, a
government program allowing French residents investing in SMEs to
benefit from income tax rebates.
*Market valuation as of November 5, 2021
Translation is for information purposes
only.
In case of discrepancy between the French and
the English version of this press release, the French version shall
prevail.
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Carbios Laura Perrin / Agnès Mathé Communication
Department Benjamin Audebert Investor Relations
contact@carbios.com +33 (0)4 73 86 51 76
Media Relations (Europe) Tilder Marie-Virginie
Klein mv.klein@tilder.com +33 (0)1 44 14 99 96
Media Relations (U.S.) Rooney Partners Kate L.
Barrette kbarrette@rooneypartners.com +1 212 223 0561
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