Cormetech, a manufacturer in the emissions control industry, is appointing Patricia Martinez as its new president & CEO, effective Aug. 19, 2024.
As part of the transition, Mike Mattes will retire from his role as president and CEO. Mattes, who has worked with Cormetech for over 17 years, will become chairman of the Cormetech board of directors.
As chairman of the board, Mike will continue to provide strategic oversight and support to the executive team.
Since 2021, Martinez has led the delivery of low-carbon energy solutions, with a focus on electrification, CCUS, bioenergy and hydrogen. An industry veteran with over 25 years of experience, she serves on the boards of NOV and Par Pacific. In the past Martinez has worked at Dupont, Shell Oil and Enerflex.
"It has been my privilege to lead Cormetech and work alongside such a talented group of individuals," Mattes said. "I am very confident that Patricia is the absolute right person to expand and globalize our catalyst business and commercialize our carbon capture portfolio of technologies and services. I look forward to supporting her in my new role as Chairman."
Recommended Reading
Phillips 66 Buys EPIC’s Permian NGL Midstream Assets for $2.2B
2025-01-07 - Phillips 66 will buy EPIC’s NGL assets, including a 175,000 bbl/d pipeline that links production supplies in the Delaware and Midland basins and the Eagle Ford Shale to Gulf Coast fractionation complexes.
CNX’s $505MM Bolt-On Adds Marcellus, Deep Utica in Pennsylvania
2024-12-05 - CNX Resources CEO Nick Deluliis said the deal to buy Apex Energy underscores CNX’s confidence in the stacked pay development opportunities unlocked in the deep Utica.
Talos Sells More of Mexican Subsidiary to Billionaire Carlos Slim
2024-12-17 - Talos Energy has agreed to sell another 30.1% interest in subsidiary Talos Mexico to entities controlled by billionaire Carlos Slim, whose companies also own at least 24% of Talos Energy’s common stock.
Constellation Bets Big on NatGas in $16.4B Deal for Calpine
2025-01-10 - Constellation Energy will acquire Calpine Corp. in a $26.6 billion deal, including debt, that will give the pure-play nuclear company the largest natural gas power generation fleet.
After Big, Oily M&A Year, Upstream E&Ps, Majors May Chase Gas Deals
2025-01-29 - Upstream M&A hit a high of $105 billion in 2024 even as deal values declined in the fourth quarter with just $9.6 billion in announced transactions.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.