#Sustainability

2021-11-11

Carbios’ Board of Directors nominates a new Chief Executive Officer

Carbios 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.

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