LanzaTech Global, Inc. (NASDAQ: LNZA) (“LanzaTech” or the
“Company”), the carbon management company transforming waste carbon
into sustainable fuels, chemicals, materials, and protein, today
announced the appointment of Reyad Fezzani, Chairman and CEO of
Regenerate Power LLC, to its Board of Directors. With over 30 years
of leadership in global energy markets and renewable energy
innovation, Fezzani’s extensive experience in large-scale project
development and operational execution is expected to provide
critical insights as LanzaTech continues its commercial growth
trajectory and advances the deployment of its carbon management
technologies.
“We are honored to welcome Reyad to our Board of
Directors,” said LanzaTech Chair and CEO Dr. Jennifer Holmgren.
“Reyad’s deep expertise in the power and renewable energy sectors,
along with his track record of leading successful global-scale
initiatives, equip him with ideal experience to provide invaluable
guidance as we increase our participation in Power-to-X projects
and capitalize on the momentum behind our waste-to-SAF solution,
CirculAir, that we jointly launched in 2024 with LanzaJet. From his
decades of leadership at BP, where he spearheaded renewable energy
projects, to his entrepreneurial achievements with Regenerate
Power, Reyad has demonstrated a remarkable ability to drive
sustainable growth while advancing innovative solutions. His
contributions will play a vital role as we profitably scale our
operations and elevate our impact across multiple industrial
sectors.”
During his 20-year tenure at BP, Fezzani held
several senior executive roles, including CEO of the company’s
global chemicals and renewable energy businesses. In these
capacities, he led operations across multiple continents and
oversaw the development of pioneering solar and wind energy
projects. Since leaving BP, Fezzani co-founded and has led
Regenerate Power LLC, where he has driven the development,
ownership, and operation of utility-scale renewable energy
projects.
“It is a privilege to join LanzaTech’s Board of
Directors and contribute to its groundbreaking work in providing
proven carbon management technologies,” said Fezzani. “Throughout
my career, I’ve been passionate about advancing sustainable energy
solutions, and LanzaTech’s approach to carbon reuse represents a
critical advancement in the energy transition. I look forward to
supporting and augmenting the company’s efforts to scale its
impactful technologies and achieve widespread global adoption.”
In addition to his role at Regenerate Power, Fezzani is
currently a director and also previously served as Board Chairman
for Carbon Collect Limited, a private company focused on direct air
capture technology. He also currently serves as Lead Independent
Director at Woodard & Curran, an ESOP (Employee Stock Ownership
Plan) engineering company. His prior board roles include
Chairmanships at Tata BP Solar India and other renewable energy and
technology companies.
Fezzani’s appointment increases LanzaTech’s
Board of Directors to eight members, reinforcing the Company’s
commitment to strong governance and diverse leadership. His
extensive expertise in renewable energy development and global
business leadership align closely with LanzaTech’s vision to
convert waste carbon into everyday products.
About LanzaTechLanzaTech
Global, Inc. (NASDAQ: LNZA) is the carbon management company
transforming waste carbon into sustainable fuels, chemicals,
materials, and protein for everyday products. Using its
bio-recycling technology, LanzaTech captures carbon generated by
energy-intensive industries at the source, preventing it from being
emitted into the air. LanzaTech then gives that captured carbon a
new life as a clean replacement for virgin fossil carbon in
everything from household cleaners and clothing fibers to packaging
and fuels. By partnering with companies across the global supply
chain like ArcelorMittal, Coty, Craghoppers, REI, and LanzaJet,
LanzaTech is paving the way for a circular carbon economy. For more
information about LanzaTech, visit https://lanzatech.com.
Forward Looking StatementsThis
press release includes forward-looking statements regarding, among
other things, the plans, strategies, and prospects, both business
and financial, of LanzaTech. These statements are based on the
beliefs, assumptions, projections and conclusions of LanzaTech’s
management. Forward-looking statements are inherently subject to
risks, uncertainties and assumptions, many of which are outside
LanzaTech’s control, that could cause actual results or outcomes to
differ materially from those discussed in the forward-looking
statements. LanzaTech cannot assure you that it will achieve or
realize these plans, intentions or expectations. Forward-looking
statements are not guarantees of future performance, conditions or
results, and you should not rely on forward-looking
statements.
Generally, statements that are not historical
facts, including those concerning possible or assumed future
actions, business strategies, events or results of operations, are
forward-looking statements. These statements may be preceded by,
followed by or include the words “believes,” “estimates,”
“expects,” “projects,” “forecasts,” “may,” “will,” “should,”
“seeks,” “plans,” “scheduled,” “anticipates,” “intends” or similar
expressions. Important factors that could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements include, among others, the
following: timing delays in the advancement of projects to the
final investment decision stage or into construction; failure by
customers to adopt new technologies and platforms;
fluctuations in the availability and cost of feedstocks and other
process inputs; the availability and continuation of government
funding and support; broader economic conditions, including
inflation, interest rates, supply chain disruptions, employment
conditions, and competitive pressures; unforeseen technical,
regulatory, or commercial challenges in scaling proprietary
technologies, business functions or operational disruptions;
and other economic, business, or competitive factors, and
other risks and uncertainties, including the risk factors and other
information contained in LanzaTech’s most recent Annual Report on
Form 10-K and any subsequent Quarterly Reports on Form 10-Q, as
well as other existing and future filings with the U.S. Securities
and Exchange Commission.
Any forward-looking statement herein is based
only on information currently available to LanzaTech and speaks
only as of the date on which it is made. LanzaTech undertakes no
obligations to update or revise publicly any forward-looking
statements, whether as a result of new information, future events
or otherwise, except as required by law.
Investor RelationsKate WalshVP,
Investor Relations & TaxInvestor.Relations@lanzatech.com
Media RelationsKit
McDonnellDirector of Communicationspress@lanzatech.com
LanzaTech Global (NASDAQ:LNZA)
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