Agilyx AS, a company that has developed advanced recycling methods for postuse plastics based in Oslo, Norway, has appointed Beatriz Malo de Molina as its new chief financial officer, effective Jan. 4, 2021.
Malo de Molina succeeds the current CFO Russell Main, who will be transitioning to CFO of Cyclyx International LLC, Agilyx’s recently established feedstock management company.
According to a news release from Agilyx, Malo de Molina has a seasoned career in investment banking, private equity and consulting. She most recently served as senior vice president, head of mergers and acquisitions with Orkla ASA. Prior to this role, she held several management and operational roles with Kistefos Private Equity, McKinsey & Co. Inc. in Norway, and internationally with the Goldman Sachs Group Inc., as well as Ernst & Young. Malo de Molina currently serves on the board of directors for Nel ASA, a global supplier of hydrogen technology.
“I am pleased to welcome Beatriz to our management team,” says Tim Stedman, chief executive officer at Agilyx. “Beatriz brings a distinguished career with a strong professional background in banking, strategy and M&A. She will no doubt be integral in driving forward the success of our company. I want to thank Russ for his tremendous leadership in the IPO effort and improving the support functions of our growing company and to his continued success as CFO of Cyclyx.”
Joe Vaillancourt, president of Cyclyx, adds, “I am delighted to welcome Russ to the Cyclyx leadership team and look forward to working with him to build out this organization. Russ’ entrepreneurial spirit and public company finance experience will be instrumental in creating a solid financial and governance footprint to support the future growth of the company.”
A native of Madrid, Malo de Molina graduated from Georgetown University in Washington and holds a master’s degree in philosophy from the University of Oslo. Malo de Molina will continue to be based in Oslo, where she has been a resident since 2006.Latest from Recycling Today
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