Climeworks Appoints Stéphan Truchot as CFO to Support Global Carbon Removal Expansion

ZURICH, May 21, 2026 – Swiss direct air capture company Climeworks has appointed Stéphan Truchot as its new Chief Financial Officer, effective June 1, 2026, as the company accelerates efforts to scale its carbon removal and direct air capture (DAC) businesses globally.

Based in Zurich, Climeworks said Truchot will join the company’s executive leadership team and lead its financial strategy during a critical growth phase for the carbon removal sector.

The appointment comes at a time when carbon removal technologies are attracting growing attention from governments, corporates and institutional investors seeking credible pathways to achieve net-zero targets and address residual emissions that are difficult to eliminate through conventional decarbonisation measures alone.

Truchot brings more than 25 years of international experience spanning renewable energy, industrial infrastructure, private equity-backed growth companies and institutional financing.

He joins Climeworks from Amarenco, a European solar and energy storage company, where he served as Group Chief Investment and Chief Financial Officer. During his tenure, he led a €300 million equity raise involving a new co-lead investor and secured €750 million in financing for large-scale renewable energy assets.

Prior to Amarenco, Truchot held senior finance leadership positions at companies including CMR Group, SUEZ and Veolia, with assignments across Paris and Hong Kong. He began his career in structured finance at BNP Paribas, working across Paris, London and Beijing.

The appointment reflects the increasing importance of large-scale project financing and infrastructure capital in scaling climate technologies such as direct air capture, which remains capital intensive despite growing policy and corporate support.

Christoph Gebald, CEO of Climeworks, said Truchot’s background in infrastructure, industrial businesses and renewable energy financing aligns with the company’s next stage of expansion.

“With Stéphan, we welcome a highly accomplished Chief Financial Officer with the right profile for Climeworks as we enter our next phase of growth. His leadership across infrastructure, renewable energy and industrial businesses, combined with a proven ability to secure significant financing in relevant markets, will be pivotal as we continue to strengthen investor engagement and advance Climeworks’ businesses globally,” said Gebald.

Direct air capture companies globally are increasingly competing for access to institutional capital as the sector moves from pilot-scale operations towards commercial deployment. Investors are also placing greater emphasis on companies that can demonstrate scalable business models, long-term offtake agreements and viable infrastructure financing pathways.

Commenting on his appointment, Truchot said the role aligned closely with his professional focus on financing climate transition industries.

“Joining Climeworks is a natural step in my professional journey, having dedicated most of my career to financing industrial responses to the climate transition. I am excited to work alongside Jan, Christoph and Climeworks’ exceptional team to build the financial foundations that will scale technological leadership into long-term commercial and industrial success,” he said.

Climeworks is among the world’s most prominent direct air capture companies and has been actively expanding its commercial carbon removal offerings for corporations seeking high-quality carbon dioxide removal credits as part of broader climate strategies.

The company’s continued expansion comes amid increasing momentum around engineered carbon removal solutions, particularly in Europe and North America, where governments are introducing policy support and carbon market frameworks to accelerate the sector’s growth.