Arq Appoints Finance Veteran Jay Voncannon as CFO for Next Growth Phase
Company - People | Apr 02, 2025 | EIN
Arq, Inc. has announced the appointment of Jay Voncannon as its new Chief Financial Officer, effective April 2, 2025. With 35 years of experience in financial operations, Voncannon will oversee the company's financial strategy as Arq aims to accelerate its growth in the activated carbon market. He previously held pivotal finance roles at CoorsTek, Inc. and Koch Industries, where he significantly contributed to market share growth and profitability. Arq's CEO, Bob Rasmus, expressed confidence in Voncannon's expertise to build a world-class finance organization. Arq focuses on producing environmentally efficient carbon products, seeking to maintain its position as a leader in sustainable solutions for water, land, and air purification.
Sectors
- Environmental Technology
- Corporate Finance
Geography
- United States – Arq is based in Greenwood Village, Colorado, and the appointment of Jay Voncannon as CFO is a U.S.-based corporate move.
Industry
- Environmental Technology – Arq is involved in producing environmentally efficient carbon products, making this industry relevant.
- Corporate Finance – The appointment of a seasoned CFO highlights the focus on financial strategy and corporate growth.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Arq, Inc. | Target Company | Company | Producer of activated carbon and environmentally efficient carbon products. |
| Jay Voncannon | Chief Financial Officer | Person | Appointed as CFO of Arq with extensive finance leadership experience. |
| CoorsTek, Inc. | Former Employer of CFO | Company | Multibillion privately held global manufacturer of advanced engineered ceramic products. |
| Koch Industries | Former Employer of CFO | Company | Diversified multinational corporation involved in various industries, including finance. |