Svante Technologies, a leading carbon capture and removal solutions provider, appointed Justine Fisher as chief financial officer (CFO). The company has been rapidly scaling since it closed $318 million in its Series E fundraising round in December 2022.
“As we continue to expand our operations globally, we want to ensure that all elements of our business are ready and able to support our rapid scaling, especially those that impact our financial reporting and successful business relationships with existing investors and future funding sources,” said Claude Letourneau, Svante president and CEO. “I’m pleased to welcome Justine to the C-suite team at Svante and announce that Karen Miller, VP of Finance and Internal Controls, Kent Alekson, VP of Corporate Development, and Tyler Cheyne, VP of People and Culture, will be reporting directly to the new CFO.”
Fisher brings over 20 years of experience in corporate finance, capital raising, balance sheet management, and investor communications in the commodities and industrial sectors. She will be responsible for overseeing the Svante’s strategic planning, budgeting, forecasting, performance reporting, accounting, treasury, tax, and financial reporting functions, as well as its People and Culture group.
“Carbon management is a critical pillar of the green industrial transition that will help us slow the pace of climate change. I am honored to be a part of the Svante carbon capture solution,” said Fisher. “It is impressive to see a company scale as quickly as Svante has over the past couple of years and I look forward to working with Claude and the team to unlock the company’s next phase of growth as we commercialize around the world.”