LanzaTech (LNZA) Announces New Board Members to Accelerate the Transition to Circular Carbon Economy
March 07 2023 - 12:00PM
LanzaTech Global, Inc. (Nasdaq: LNZA), the leading Carbon Capture
and Transformation (“CCT”) company, is pleased to announce the
appointment of Dorri McWhorter, Barbara Moakler Byrne, and Nimesh
Patel as three new members to its board of directors following its
recent listing on the Nasdaq. They join current Directors Jim
Messina, Gary Rieschel, Nigel Gormly, and Dr. Jennifer Holmgren.
The new directors’ diversified backgrounds and broad range of
experiences that span sustainable development, social impact, and
strategic finance will sharpen LanzaTech’s vision for a
post-pollution future and support the company in addressing the
complex challenges involved in advancing society toward a circular
carbon economy.
"Dorri, Barbara, and Nimesh are outstanding additions to our
board of directors," said Dr. Jennifer Holmgren, CEO of LanzaTech.
"Their unique perspectives, honed over decades of experience in
their respective fields, will be invaluable as we enter this new
chapter as a company. I look forward to working with each of them
to drive sustainable solutions for carbon reduction and build a
more diverse and inclusive culture within our company and
industry."
Dorri McWhorter is President and CEO of YMCA Metropolitan
Chicago, a 165-year-old social enterprise dedicated to empowering
individuals and strengthening communities, that she is propelling
into the 21st century to keep pace with an evolving society. Prior
to that she spent eight years as CEO of YWCA Metropolitan Chicago,
implementing a new business model for enduring impact and
sustainability. McWhorter also brings extensive auditing and
consulting experience as a former Partner of Crowe LLP (formerly
Crowe Horwath) and Director of Internal Audit, Controls and
Compliance at Snap-On Incorporated. She sat on the American
Institute of Certified Public Accountants’ Board of Directors from
2013-2016. A 2019 Inductee into the Chicago Innovation Hall of Fame
and an anchor in the global business community, McWhorter is a
seasoned corporate Director who brings decades of experience from
across the private and social change sectors. Her time in
accounting and management consulting shaped her belief that value
creation and social impact are not mutually exclusive. In addition
to service as a Director of the LanzaTech Board of Directors, Dorri
McWhorter will serve as Chairperson of LanzaTech’s Audit Committee
and will sit on LanzaTech’s Nominating and Governance
Committee.
Barbara Moakler Byrne is a corporate finance industry veteran
with decades of experience in senior executive roles. She is former
Vice Chairperson of Investment Banking at both Barclays and Lehman
Brothers and is notably the first woman to serve in that position
at both firms. Named one of the top five of America’s “25 Most
Powerful Women in Finance” for eight consecutive years and a
recipient of American Banker’s Lifetime Achievement Award in
Finance, Byrne has earned her reputation for skillfully devising
and leading unique corporate, NGO, and government partnerships to
expedite economic and sustainable development. Among her numerous
board member appointments, Byrne is a Director and Chairperson of
the Audit Committee of both Paramount Global and PowerSchool, as
well as a Director at Carta. She is a Lifetime Member of the
Council on Foreign Relations, a supporter of diverse content
creation for film and television, and an active investor in
women-owned and scalable social impact businesses. Byrne will serve
as a Director for LanzaTech and sit on LanzaTech’s Audit Committee
and Compensation Committees.
Nimesh Patel is a Managing Director with the AMCI Group. Patel
has helped the AMCI Group invest nearly $2B of its own capital and
co-investor capital across numerous sectors including natural
resources and logistics. Patel was instrumental in leading AMCI
Acquisition Corp. II’s business combination with LanzaTech NZ, Inc.
that resulted in LanzaTech Global’s public listing on Nasdaq. Patel
brings extensive financial and operational experience to the
LanzaTech Board of Directors.
"I am honored to join the LanzaTech Board of Directors," said
Dorri McWhorter. "I believe in the company's mission to drive an
equitable and sustainable future for society, and I am excited to
contribute to both creating long term value for all stakeholders
and strengthening the company's efforts to build a more diverse and
inclusive culture to advance innovation."
"Joining LanzaTech's board of directors is a meaningful
opportunity to help scale solutions for our changing climate," said
Barbara Moakler Byrne. "I look forward to working with the talented
team at LanzaTech as they reimagine the carbon economy and
supporting the company’s growth and success during such a critical
time."
"As a pioneer in carbon recycling, LanzaTech has endeavored for
nearly two decades to build and scale long-lasting, impactful
technology,” said Nimesh Patel. "I am honored to join LanzaTech’s
board of directors as it enters a new chapter in its history and
help guide the company toward a future in which there is no such
thing as pollution or waste.”
LanzaTech sees building an inclusive team with diversified
skillsets as a critical focus as it strives to deliver well-rounded
solutions for the planet. The appointment of these new board
members reflects LanzaTech's continued efforts to strengthen its
team and broaden its perspectives to deliver the most innovative
and impactful solutions for a sustainable future.
About LanzaTech
Headquartered in Skokie, Ill., LanzaTech
transforms waste carbon into materials such as sustainable fuels,
fabrics, packaging, and other products. Using a variety of waste
feedstocks, LanzaTech’s technology platform highlights a future
where consumers are not dependent on virgin fossil feedstocks for
everything in their daily lives. LanzaTech’s goal is to challenge
and change the way the world uses carbon, enabling a new circular
carbon economy where carbon is reused rather than wasted, skies and
oceans are kept clean, and pollution becomes a thing of the past.
For more LanzaTech visit https://lanzatech.com.
Forward-Looking Statements
This press release includes forward-looking
statements regarding LanzaTech based on the beliefs and assumptions
of its management. Although LanzaTech believes that its plans,
intentions, and expectations reflected in or suggested by these
forward-looking statements are reasonable, LanzaTech cannot assure
you that it will achieve or realize these plans, intentions, or
expectations. Forward-looking statements are inherently subject to
risks, uncertainties, and assumptions. You should not put undue
reliance on these statements, which speak only as of the date
hereof. LanzaTech undertakes no obligations to update or revise
publicly any forward-looking statements, whether because of new
information, future events or otherwise, except as required by
law.
Contact Information
LanzaTech Media ContactKit McDonnell, Director
of Communicationskit.mcdonnell@lanzatech.com
LanzaTech Investor Relations ContactOmar
El-Sharkawy, VP, Corporate Developmentlanzatechir@icrinc.com
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