Arq Strengthens Executive Team, Appointing 35-Year Finance Veteran Jay Voncannon as Chief Financial Officer
Arq (NASDAQ: ARQ) has appointed Jay Voncannon as Chief Financial Officer, effective April 2, 2025. Voncannon, a 35-year finance veteran, joins from CoorsTek, Inc., where he served as CFO and successfully guided the company through expansion and profitability improvements.
Prior to CoorsTek, Voncannon spent over 20 years as a senior finance executive at Koch Industries. In his new role at Arq, a producer of activated carbon and environmentally efficient carbon products, he will oversee all aspects of financial strategy and operations, including planning, accounting, tax, treasury, and internal audit. Based at Arq's headquarters in Greenwood Village, Colorado, he will report directly to CEO Bob Rasmus.
Arq (NASDAQ: ARQ) ha nominato Jay Voncannon come Direttore Finanziario, con effetto dal 2 aprile 2025. Voncannon, un veterano della finanza con 35 anni di esperienza, proviene da CoorsTek, Inc., dove ha ricoperto il ruolo di CFO e ha guidato con successo l'azienda attraverso l'espansione e il miglioramento della redditività.
Prima di CoorsTek, Voncannon ha trascorso oltre 20 anni come dirigente finanziario senior presso Koch Industries. Nel suo nuovo ruolo in Arq, produttore di carbone attivato e prodotti in carbonio ecologici, supervisionerà tutti gli aspetti della strategia e delle operazioni finanziarie, inclusi pianificazione, contabilità, tasse, tesoreria e audit interno. Con sede presso la sede centrale di Arq a Greenwood Village, Colorado, riporterà direttamente al CEO Bob Rasmus.
Arq (NASDAQ: ARQ) ha nombrado a Jay Voncannon como Director Financiero, con efecto a partir del 2 de abril de 2025. Voncannon, un veterano de las finanzas con 35 años de experiencia, proviene de CoorsTek, Inc., donde se desempeñó como CFO y guió con éxito a la empresa a través de la expansión y mejoras en la rentabilidad.
Antes de CoorsTek, Voncannon pasó más de 20 años como ejecutivo financiero senior en Koch Industries. En su nuevo rol en Arq, productor de carbón activado y productos de carbono ambientalmente eficientes, supervisará todos los aspectos de la estrategia y operaciones financieras, incluyendo planificación, contabilidad, impuestos, tesorería y auditoría interna. Con sede en la oficina central de Arq en Greenwood Village, Colorado, reportará directamente al CEO Bob Rasmus.
Arq (NASDAQ: ARQ)는 2025년 4월 2일부터 Jay Voncannon을 최고 재무 책임자로 임명했습니다. 35년의 재무 경력을 가진 Voncannon은 CoorsTek, Inc.에서 CFO로 재직하며 회사의 확장과 수익성 개선을 성공적으로 이끌었습니다.
CoorsTek 이전에는 Voncannon이 Koch Industries에서 20년 이상 선임 재무 임원으로 근무했습니다. Arq에서의 새로운 역할에서 그는 활성탄 및 환경 친화적인 탄소 제품을 생산하는 회사로서 재무 전략 및 운영의 모든 측면, 즉 계획, 회계, 세금, 재무 및 내부 감사 등을 감독하게 됩니다. 콜로라도주 그린우드 빌리지에 있는 Arq 본사에 근무하며 CEO Bob Rasmus에게 직접 보고할 것입니다.
Arq (NASDAQ: ARQ) a nommé Jay Voncannon au poste de directeur financier, à compter du 2 avril 2025. Voncannon, vétéran de la finance avec 35 ans d'expérience, rejoint CoorsTek, Inc., où il a occupé le poste de CFO et a guidé avec succès l'entreprise à travers l'expansion et les améliorations de rentabilité.
Avant CoorsTek, Voncannon a passé plus de 20 ans en tant que cadre financier senior chez Koch Industries. Dans son nouveau rôle chez Arq, producteur de charbon actif et de produits en carbone respectueux de l'environnement, il supervisera tous les aspects de la stratégie financière et des opérations, y compris la planification, la comptabilité, la fiscalité, la trésorerie et l'audit interne. Basé au siège d'Arq à Greenwood Village, Colorado, il rendra directement compte au PDG Bob Rasmus.
Arq (NASDAQ: ARQ) hat Jay Voncannon mit Wirkung zum 2. April 2025 zum Chief Financial Officer ernannt. Voncannon, ein 35-jähriger Finanzveteran, kommt von CoorsTek, Inc., wo er als CFO tätig war und das Unternehmen erfolgreich durch Expansion und Profitabilitätsverbesserungen geführt hat.
Vor CoorsTek verbrachte Voncannon über 20 Jahre als leitender Finanzmanager bei Koch Industries. In seiner neuen Rolle bei Arq, einem Hersteller von Aktivkohle und umweltfreundlichen Kohlenstoffprodukten, wird er alle Aspekte der finanziellen Strategie und der Operationen überwachen, einschließlich Planung, Buchhaltung, Steuern, Treasury und interne Prüfung. Er wird seinen Sitz in der Zentrale von Arq in Greenwood Village, Colorado, haben und direkt an den CEO Bob Rasmus berichten.
- Appointment of seasoned CFO with 35 years of finance experience
- New CFO's proven track record in managing growth and improving profitability at CoorsTek
- Strengthening of executive team indicates successful business transformation
- None.
Appoints CFO, 35-year finance veteran to oversee continued transformation and next phase of growth
Voncannon has a proven track record in managing financial operations during a period of significant growth
GREENWOOD VILLAGE, Colo., April 02, 2025 (GLOBE NEWSWIRE) -- Arq, Inc. (NASDAQ: ARQ) (the "Company" or "Arq"), a producer of activated carbon and other environmentally efficient carbon products for use in purification and sustainable materials, today announced the appointment of finance veteran, Jay Voncannon, as Chief Financial Officer, effective April 2, 2025. This addition to Arq's leadership team reflects the Company's continued business transformation success, positioning Arq for accelerated growth in the activated carbon market.
Mr. Voncannon, a veteran finance executive with over 35 years of professional and leadership experience, brings proven expertise as a CFO strategically guiding transformational growth. Mr. Voncannon most recently served as CFO of CoorsTek, Inc., a multibillion privately held global manufacturer of advanced engineered ceramic products serving a variety of industries including semiconductors, defense & aerospace, automotive and energy & chemicals. During his tenure at CoorsTek, he successfully guided the company through a pivotal expansion, significantly improving profitability and driving material market share growth. Prior to his time at CoorsTek, Mr. Voncannon served more than 20 years as a senior finance executive at Koch Industries and its affiliates.
Mr. Voncannon will be based out of Arq's corporate headquarters in Greenwood Village, Colorado, and report directly to Mr. Bob Rasmus, Chief Executive Officer. He will lead all aspects of the Company’s financial strategy and operations, including financial planning and analysis, accounting, tax, treasury, and internal audit. Stacia Hansen, Chief Accounting Officer, will continue serving in her critical role and report directly to Voncannon.
"I am excited to reach this significant milestone in Arq's ongoing evolution,” said Bob Rasmus, CEO of Arq. "Jay is a proven financial leader with sharp strategic acumen and extensive track record of delivering outstanding results. As we continue to transform and scale our business, Jay's deep experience and valuable insights will be instrumental in building a world-class finance organization that supports our future growth. I look forward to collaborating closely with Jay as the newest addition to our talented leadership team, further strengthening our deep bench of exceptional leaders and industry experts. I am immensely proud of all that we have accomplished and equally enthusiastic about the opportunities ahead.”
"I’m honored to join Arq during such an exciting and transformative stage in its growth,” said Jay Voncannon, Chief Financial Officer of Arq. “The company’s compelling mission, impressive momentum, and strong values deeply resonate with me. I look forward to partnering closely with Bob and the entire leadership team as we build upon this foundation to deliver enduring value for our stakeholders."
About Jay Voncannon
Mr. Jay Voncannon is a seasoned finance executive with extensive experience driving strategic growth and profitability, having held pivotal roles at global enterprises including CoorsTek and Koch Industries. As Chief Financial Officer at CoorsTek, a multibillion-dollar manufacturer specializing in advanced engineered ceramic products, Voncannon significantly enhanced organizational performance, notably improving EBITDA margins and steering substantial market-share growth in biomedical sectors. Previously, as CFO and Managing Director at Koch Equity Development, he led principal investment initiatives in excess of
With deep expertise in mergers and acquisitions, treasury management, corporate finance, and strategic leadership developed over a robust career at Koch and its subsidiaries, Voncannon has consistently delivered exceptional financial stewardship. Recognized professionally as a CPA and CGMA, his contributions earned them honors such as Denver Business Journal’s Large Company CFO of the Year and repeated recognition by Deloitte and the Wall Street Journal as part of their "Best Managed Companies" awards.
About Arq
Arq (NASDAQ: ARQ) is a diversified, environmental technology company with products that enable a cleaner and safer planet while actively reducing our environmental impact. As the only vertically integrated producer of activated carbon products in North America, we deliver a reliable domestic supply of innovative, hard-to-source, high-demand products. We apply our extensive expertise to develop groundbreaking solutions to remove harmful chemicals and pollutants from water, land and air. Learn more at: www.arq.com.
Source: Arq, Inc.
Investor Contact:
Anthony Nathan, Arq
Marc Silverberg, ICR
investors@arq.com
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