Arq Welcomes Jay Voncannon as Chief Financial Officer
Arq, Inc. is thrilled to announce a significant addition to its leadership team with the appointment of Jay Voncannon as Chief Financial Officer. A finance veteran with over 35 years of proven experience, Voncannon will take the helm of Arq's financial operations, steering the company toward its next phase of transformative growth.
Jay Voncannon’s Impressive Financial Background
Mr. Voncannon's extensive portfolio includes a successful tenure at CoorsTek, Inc., a global leader in advanced engineered ceramic products, where he successfully guided the company through essential expansions. His strategic leadership was instrumental in improving profitability and boosting market share significantly. With a track record of over two decades at Koch Industries, he brings deep insights and an exceptional record in financial management.
His Role at Arq
Based out of Arq's headquarters, Voncannon will report directly to CEO Bob Rasmus. His responsibilities include overseeing the company’s financial strategy, accounting, treasury, and internal audit operations. Stacia Hansen will continue her pivotal role as Chief Accounting Officer, reporting to Voncannon, thus ensuring a robust financial structure within the company.
Insights from Leadership
In light of this significant announcement, Bob Rasmus expressed enthusiasm about Voncannon's appointment. He noted, "Jay is a financial leader whose strategic capabilities will be crucial in our ongoing evolution. As we move forward, we are confident that his insights will help us build a world-class finance organization, supporting our ambitious growth plans. We are excited about the collaborative opportunities that lie ahead."
Voncannon’s Commitment to Arq’s Mission
Jay Voncannon shared his excitement about joining Arq, stating, "It’s an honor to be part of a company that is on the cutting edge of environmental technology. The mission resonates with me deeply, and I look forward to playing a vital role in fulfilling that mission while delivering value to stakeholders across the board."
About Jay Voncannon
Jay Voncannon's extensive expertise encompasses various financial disciplines, from mergers and acquisitions to corporate finance. His exceptional performance at CoorsTek not only optimized financial health but also enhanced operational effectiveness, showcasing his ability to lead organizations through complex financial landscapes. His accolades include recognition from the Denver Business Journal as CFO of the Year, underscoring his leadership in the finance sector.
About Arq
Arq (NASDAQ: ARQ) is a pioneering environmental technology company in North America, dedicated to producing activated carbon products that safeguard and enhance the environment. As the only vertically-integrated producer in this space, Arq is committed to providing innovative solutions that address environmental challenges, including the removal of pollutants from our water, land, and air. This commitment reinforces Arq's position as a leader in developing products that cater to sustainability purposes and industrial demand. For additional information, you can find out more on our official website.
Frequently Asked Questions
Who is the new CFO of Arq?
Jay Voncannon has been appointed as the new Chief Financial Officer of Arq.
What experience does Jay Voncannon bring?
He brings over 35 years of financial expertise, including roles at CoorsTek and Koch Industries, focusing on strategic growth.
What will Voncannon’s role entail at Arq?
He will oversee financial strategy, accounting, tax, treasury, and internal audit operations at Arq.
Who will report to Voncannon at Arq?
Stacia Hansen, the Chief Accounting Officer, will continue in her role and report directly to Voncannon.
What industry does Arq operate in?
Arq specializes in producing activated carbon products and is a leader in environmental technology aimed at reducing the ecological footprint.
