Business
Loop Industries Appoints New Chief Financial Officer
MONTREAL, QC / ACCESSWIRE / April 4, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to
About this update from Loop Industries, Inc.
[{"type":"text","content":"MONTREAL, QC / ACCESSWIRE / April 4, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the \"Company\" or \"Loop\"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (\"PET\") plastic and polyester fiber, today announced the appointment of Mr. Fady Mansour as Chief Financial Officer, effective Monday April 17th, 2023.Mr. Mansour brings a wealth of expertise gained from over 25 years of experience in financial and operational leadership. He most recently served as Senior Director at the Caisse de dépôt et placement du Québec (\"CDPQ\"), where he utilized his financial and operational skills to grow the infrastructure portfolio through acquisitions, as well as to guide key portfolio companies through his active management and representation on their respective boards. Prior to his role at CDPQ, Mr. Mansour spent over 20 years at the Canadian National Railway Company, where he served in several senior management roles focused on corporate strategy and innovation, business development, and financial planning and reporting. Mr. Mansour is a CPA and holds a Graduate Diploma in Accounting from Concordia University.\"We are thrilled to welcome Fady to the Loop Industries leadership team. His commitment to our mission and passion for sustainability are unparalleled, and his experience leading and advising world-class companies will be instrumental in scaling our business. Fady's skillset aligns perfectly with our financial strategy which will help us implement our funding plans as we globally commercialize Loop's technology,\" said Daniel Solomita, CEO and Founder of Loop Industries.Mr. Solomita and the Board of Directors would also like to express their appreciation to Nicolas Lafond for serving as Interim CFO and supporting strong continuity in the Finance department throughout this transition.For More Information:Investor Relations:Kevin C. O'Dowd, Vice-President Communications & Investor RelationsLoop Industries, Inc.+1 [email protected] Inquiries:Andrea Kostiuk, VP Marketing & CommunicationsLoop Industries, Inc.+1 (450) [email protected] Loop IndustriesLoop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away...