Woodbridge, Illinois – Elevance Renewable Sciences has appointed Karl Schoene as chief executive officer succeeding Tony Parnell.
Parnell has become chief executive chairman of the board of directors. Both appointments became effective on Monday, 1 May 2017, the company said.
Schoene’s initial priorities will be to introduce more innovative commercial products. The company says that it is running its 180 kT/year joint venture biorefinery with Wilmar International at “significantly increase rates to meet the growing demand.”
Schoene’s was previously president and chief technology officer of the firm, a post he held since August 2016.