Cormetech Appoints Energy Transition Executive, Patricia Martinez, to President & CEO – Mike Mattes Elevated to Chairman of the Board
19 Agosto 2024 - 9:07AM
Business Wire
John Moore, Cormetech’s Chairman of the Board announced that
Cormetech, a leading manufacturer of SCR Catalyst and Carbon
Capture Adsorbers and Services for the emissions control industry,
is appointing Patricia Martinez as the new President & CEO,
effective August 19th, 2024. This strategic leadership transition
comes as Mike Mattes retires from the role of President & CEO
to assume the position of Chairman of the Cormetech Board of
Directors. John Moore said, “I am excited for Patricia and Mike to
collaborate and eager to continue to support in my continued role
as a Cormetech Board Member.”
Patricia brings a wealth of experience and a proven track record
of growing businesses in the natural gas value chain across all
major energy markets. Since 2021, she has led the delivery of
low-carbon energy solutions, with a particular focus on
Electrification, Carbon Capture Utilization and Sequestration
(CCUS), Bio Energy, and Hydrogen. Currently Patricia serves on the
Boards of NOV (NYSE: NOV) and Par Pacific (NYSE: PARR). Patricia
has spent over 25 years in the industry, which includes stints at
Dupont, Shell Oil, and TPG backed Valerus Compression Services
which was sold to Enerflex (NYSE: EFX). At Enerflex, Patricia
served as President of Latin America for 8 years before being
appointed Chief Energy Transition Officer. Patricia is known and
respected as a thought leader around global natural gas and its
role in the energy transition.
"I am honored to join Cormetech and lead this exceptional team,"
said Patricia. "I look forward to building on the over 35 years of
innovative products and services created by Cormetech and
continuing to deliver value to our customers, employees, and
shareholders. Point Source Carbon Capture is the pinnacle of
industrial decarbonization and Cormetech is positioned to lead the
journey.”
Mike Mattes has been an integral part of Cormetech (and its
predecessor, CoaLogix) for over 17 years, guiding the organizations
through significant milestones and achievements. Under his
leadership, Cormetech has experienced substantial changes, expanded
its product lines in Regeneration, Carbon Capture and Hydrogen, and
solidified its position as an industry leader in the emissions
control industry. As Chairman of the Board, Mike will continue to
provide strategic oversight and support to the executive team.
"It has been my privilege to lead Cormetech and work alongside
such a talented group of individuals," said Mike. "I am very
confident that Patricia is the absolute right person to expand and
globalize our catalyst business and commercialize our carbon
capture portfolio of technologies and services. I look forward to
supporting her in my new role as Chairman."
“This leadership transition marks an exciting new chapter for
Cormetech as it continues to innovate and grow. The Board of
Directors is confident these changes will build on the company’s
strong legacy and drive it to new heights” said Edoardo Bugnone,
Cormetech Board Member.
About Cormetech
Cormetech is a global leader in the design, manufacture, and
lifecycle management of technologies that clean the air of harmful
pollutants and carbon dioxide (CO2) linked to climate change.
The company’s reputation is built on over three decades of
developing and delivering innovative environmental catalysts and
CO2 adsorbers, the building blocks of emissions control and carbon
capture systems. Cormetech products and services make it possible
to balance global energy and infrastructure demands with the need
to reduce emissions of nitrogen oxides, mercury, carbon monoxide,
volatile organic compounds, and CO2. The world’s top power,
industrial, and marine companies rely on Cormetech selective
catalytic reduction (SCR), oxidation, and multi-functional
catalysts to cost-effectively meet their compliance standards.
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Scott Daugherty, Chief Operating Officer Cormetech, Inc.
daughertysl@cormetech.com 919-815-7448