DeepTech Recycling Bolsters Board with Simon Ashby-Rudd as New Chairman

Company - People | Dec 23, 2024 | EMV Capital

DeepTech Recycling Bolsters Board with Simon Ashby-Rudd as New Chairman

DeepTech Recycling, with the backing of PE firm EMV Capital, has appointed Simon Ashby-Rudd as the new Chairman of its Board. This move is part of their strategy to accelerate commercial efforts and growth. Ashby-Rudd brings over three decades of financial expertise, predominantly in the energy sector, to guide DeepTech Recycling as it expands into the European market. Previously held senior positions in energy investment banking and came from advisory roles in boutique energy firms, Ashby-Rudd will leverage his extensive network and industry insight to aid DeepTech's transition into a leading provider of technology solutions focused on the recycling of complex plastic waste. The appointment follows the tenure of outgoing Chair Dr. Ilian Iliev, who was instrumental in helping the Company redefine its focus and strategy. Moving forward, DeepTech is poised to become an influential player in sustainable recycling, utilizing Ashby-Rudd's guidance to achieve its commercial and innovation milestones.

Sectors

  • Recycling Technology
  • Private Equity
  • Energy Finance

Geography

  • United Kingdom – DeepTech Recycling is based in London, and part of its commercial projects are being developed in the UK.
  • Europe – DeepTech Recycling plans expansion into the European market, making Europe a significant geographic focus.

Industry

  • Recycling Technology – The article is centered around DeepTech Recycling, a company specializing in developing technology solutions for recycling complex plastic waste.
  • Private Equity – EMV Capital, a private equity firm, is a key player in the article, backing the target company DeepTech Recycling.
  • Energy Finance – Simon Ashby-Rudd's career in energy finance is highlighted, showing the intersection of financial expertise with energy and recycling industries.

Financials

    Participants

    NameRoleTypeDescription
    DeepTech RecyclingTarget CompanyCompanyA company developing solutions to recycle complex plastic waste into high-value products.
    EMV CapitalPrivate Equity FirmCompanyThe private equity firm backing DeepTech Recycling, involved in its venture-building program.
    Simon Ashby-RuddIncoming ChairmanPersonAppointed as new Chairman, bringing significant experience in energy finance to DeepTech Recycling.
    Dr. Ilian IlievOutgoing ChairmanPersonFormer Chairman and CEO of EMV Capital, previously instrumental in DeepTech Recycling's early strategic developments.
    Marvine BesongManaging Director and Chief Technology OfficerPersonDeepTech Recycling's MD and CTO, expressing excitement over Simon Ashby-Rudd's appointment.