Circular CO2 pioneers Econic Technologies appoints a new CEO as it enters its next phase
1 March 2021
The leader in CO2 utilisation technology, Econic Technologies, has today announced the appointment of Keith Wiggins as its new CEO. Wiggins will take over from Dr Rowena Sellens who will retire after eight years of leadership, having taken the company to its market-leading position from a spin-out start up. The firm is now ready to scale the commercialisation of its unique catalyst technology amongst customers looking to achieve net zero carbon and core sustainability objectives.
The key next stages in this process are to progress key partnerships alongside a forthcoming fund raise on the back of recently secured investment from existing shareholders and the UK government’s Future Fund.
Wiggins brings broad experience of successfully running advanced manufacturing businesses and commercialising technologies across global markets. His international career spans senior leadership positions with leading multinationals and early stage companies.
Keith Wiggins, CEO of Econic Technologies, commented: ‘It is an honour to be joining Econic Technologies at a time when the business is poised to scale and commercialise. Rowena and the team have developed a world class technology that brings environmental, cost and performance benefits to customers, at a time when the world is demanding sustainable solutions for CO2. I look forward to being part of the growth story ahead.’
Wiggins replaces the retiring Dr Rowena Sellens, who was appointed in 2014 and oversaw Econic Technologies’ initial funding rounds; the launch of a UK-first customer demonstration facility; and the conclusion of the firm’s first joint development agreements, including a partnership with Drax. Dr Sellens will use her retirement to explore a number of non-executive roles.
Dr Rowena Sellens, former CEO, commented: ‘Overseeing the growth of Econic Technologies has been a real labour of love. Thanks to the incredible hard work of a team that I was so proud to lead, the business has gone from strength to strength. I am very happy to be passing the reins to Keith, who brings fresh perspectives and deep experience that will help the catalyst complete the final stages of commercialisation. I wish him well, and look forward to watching the firm’s continued growth.’
