Svante Appoints Four Executive Team Members

VANCOUVER, British Columbia--(BUSINESS WIRE)--Svante, a global leader in modular solid sorbent carbon capture and removal technology, announced today that its Executive Team has gained four members. Richard Laliberté has joined Svante as Chief Operating Officer (COO). Pierre Hovington, Guy Pearson, and Tom Dielschneider have been promoted to Senior Vice President of R&D, Products, and Global Supply Chain respectively. They will be reporting directly to the new COO.

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“To align our business more closely with the rapid commercial deployment of our carbon capture and removal technology, we have refined our global product delivery organization to improve our business effectiveness and enhance our manufacturing capabilities,” said Claude Letourneau, Svante’s President & CEO. “I’m pleased to welcome Richard to the team and also announce the promotions of these three brilliant leaders.”

“I am honoured to be joining the Svante executive team”, said Laliberté. I wanted to be part of a company that has a major impact on the environment, and Svante, as a leader in carbon capture, has the potential to become that kind of sustainable company leader. When Claude invited me recently to join as COO, I had to take him up on his offer. This is a great time to be in carbon capture, utilization, and storage, as all the key elements to make it happen at scale, including private investment, enhanced government policies, CO2 storage hub development and more, are in place. This industry is exponentially growing, and I couldn’t be more confident in my decision to join Svante in leading this space.”

Richard will oversee Svante’s global product and process development as well as manufacturing operations for both the company’s filters and rotary adsorption machines (contactors). He will be accountable for the company’s operational readiness and for structuring its global supply chain and manufacturing teams, putting the right people and tools in place to produce enough filters and contactors to capture millions of tonnes of carbon dioxide (CO2) per year across hundreds of large-scale carbon capture and storage projects, leveraging Svante’s new Centre of Excellence for Carbon Capture & Removal in Vancouver, BC, Canada. He will also be responsible for all new Svante manufacturing facilities, which are planned for the next decade.

An industrial veteran, Laliberté brings to Svante a unique blend of experience in leading novel product and process development in solid state lithium polymer batteries, complex powertrain electrification, and large structural steel fabrication for bridges going from prototype to industrial scale, based on Industry 4.0 principles.

Pierre Hovington will continue to deepen and expand Svante’s advanced solid sorbent and structured laminate material development and testing R&D group. Under Hovington’s leadership, Svante has been recognized as a world leader in metal-organic framework (MOF) sorbent and corresponding optimized process development for carbon capture using the company’s patented rapid thermal swing adsorption technology, VeloxoThermTM. Hovington’ s team is currently focusing on developing a novel MOF sorbent capable of economically capturing CO2 down to dilute gas streams from natural gas power plants.

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Guy Pearson will continue to lead the product development and manufacturing of Svante’s filters and rotary contractors based on modular, high-volume designs using lean product development and manufacturing approaches.

Tom Dielschneider will continue to lead Svante’s procurement group and expand its global strategic supply chain partnerships for raw materials, manufacturing equipment, and contactor components.

Since its founding in 2007, Svante has grown to employ over 200 professionals. The company has attracted customers and partners from leading organizations around the world. It has been named in the prestigious Global Cleantech 100 report since 2019, The Corporate Knights’ 2022 Future 50 Fastest-Growing Sustainable Companies in Canada, and recently has been awarded the Great Place to Work Certification™ by the eponymous workplace-culture auditing agency.

Svante has generated a pipeline of new project opportunities that will capture over 100 million tonnes of CO2 per year before 2030, and with the capital raised in its record-breaking US$318 million Series E fundraising round in December 2022, Letourneau says Svante will be able to manufacture enough filters and machines to meet growing global demand.

About Svante

Svante offers companies in emission-intensive industries a commercially viable way to capture large-scale CO2 emissions from existing infrastructure, either for safe storage or to be used for further industrial use in a closed loop. With the ability to capture CO2 from industrial sources and directly from the atmosphere in an environmentally sustainable way, Svante makes industrial-scale carbon capture and carbon removal a reality. The company is on the 2023 Global Cleantech 100, and was ranked second among private companies in the Corporate Knights Future 50 Fastest-Growing Sustainable Companies in Canada. Svante’s Board of Directors includes Nobel Laureate and former Secretary of Energy, Steven Chu. To learn more about Svante, visit www.svanteinc.com