Since June this year Bernhard Meder, one of Pyrolyx’s largest German investors, has served as interim CEO and a member of the board of management at the company. It was always Meder’s intention to leave this position by December and eventually join the supervisory board.
Michael Triguboff, deputy chairman of Pyrolyx, will assume the role of CEO until Thomas Redd, CEO of Pyrolyx USA takes on management responsibilities without distraction from the Indiana plant. Triguboff is one of the largest investors in Pyrolyx and has been a member of the supervisory board since 2014.
Under Meder’s leadership, operations in Germany have been greatly streamlined, enabling the company to focus more on its plant that is currently under construction in Indiana, USA, and its plans for other factories. Meder’s experience and guidance has been invaluable in facilitating Pyrolyx to achieve its objectives.
Meder will continue to advise the company in an unofficial capacity.
Meanwhile Pyrolyx has named Andy Stecher as chief financial officer of Pyrolyx USA. He has over 25 years of experience as a senior manager at various global companies.