LanzaTech appoints a chief financial officer

Clean energy firm LanzaTech has appointed Jennifer McFarlane, as its first chief financial officer (CFO).

Australian-born Ms McFarlane joins from her role as CFO at Californian solar energy services company ClearSpot Energy where she helped finance a number of solar projects and arranged the acquisition of solar developer CleanSource Power.

After completing a law degree and BSc in Organic Chemistry/Biochemistry from the University of NSW in Australia, Ms McFarlane received her MBA from Stanford Graduate School of Business and joined Salomon Brothers in New York.

At Salomon, Ms McFarlane executed numerous cross-border M&A transactions and equity offerings. Next she joined KPMG and built up its privatization expertise in emerging markets in Europe and Asia.

In 1998, Ms McFarlane returned to Australia as executive director of the ASX listed Southern Pacific Petroleum. During her time there she was awarded the Centenary Medal for Business Contribution by the Prime Minister of Australia.

From 2004-2007, Ms McFarlane was CEO of Astia, a global non-profit organization focused on increasing the number of successful women-led technology-based businesses.

“As LanzaTech matures into a pacesetting new energy company, it needs proven leaders,”
Dr Jennifer Holmgren, CEO of LanzaTech says. “Jennifer brings a depth of international financial and operational experience, which will be invaluable for helping LanzaTech achieve its business objectives in the commercialisation of its fuels and chemicals portfolio.”

ENDS

About LanzaTech:

• LanzaTech has developed a novel gas-liquid fermentation process, unique in its ability to produce fuels and chemicals from any gas resource. LanzaTech is able to use industrial waste gases from steel mills and processing plants; syngas generated from any biomass
• resource (e.g. MSW, organic industrial waste, agricultural waste); coal derived syngas and steam reformed methane.
• Today the company employs a strong technical team internationally, has a rapidly growing patent portfolio and is making rapid progress taking its process from pilot to commercial scale.