French firm Carbios appoints Pascal Bricout as CFO

He will also steer the group’s strategy, investor relations and the launch of the company’s corporate social responsibility policy. He joins the company with over 30 years’ experience in finance, strategy and international mergers and acquisitions, the company said in a media release.

Carbios’ CEO Emmanuel Ladent said: “We are delighted to welcome Pascal Bricout to Carbios’ executive committee. His remarkable professional skills and international experience will undoubtedly be a major asset for the company towards industrialisation and commercialisation. As chief strategy and financial officer, he will play a key role in leading Carbios towards its strategic goals.”

Prior to joining Carbios, Bricout served as chief financial officer for Michelin in Asia, which is a major area of growth and development for the company. Over the past 10 years, he has focused primarily on major strategic mergers and acquisitions.

Bricout holds a master’s degree in finance from Université Paris-Dauphine. He began his career at PwC, as a manager in the international transactions services teams in Paris and London.

Bricout, Carbios’ chief strategy & financial officer, noted: “I am thrilled to be joining Carbios and proud to take part in this concrete, meaningful advance toward circular economy. Having developed unparalleled breakthrough technologies in plastic and textile biodegradation and biorecycling, Carbios now needs to execute a successful industrial and commercial phase. This is crucial for companies using PET to achieve, from 2025, their sustainable development goals. Within this dynamic context, Carbios and its subsidiary, Carbiolice, are poised to become global leaders in the development and industrialisation of innovative bioprocesses to revolutionise the life cycles of plastics and textiles.”

Fibre2Fashion News Desk (KD)