Passion.
Commitment.
Talent.

400+employees

Always moving
forward.

Unlike many cleantech start-ups, we’re an industry reality, with over 400 employees collectively punching above our weight at three factories operating 24/7. This isn’t our first rodeo.​
Our team has scaled manufacturing by 10 times in a 3-year period and played the lead role in the massive reduction of smog-causing nitrogen oxide from power plants in the U.S., Europe and China. So we’re more than up to the challenge of carbon capture.

Always moving
forward.

Unlike many cleantech start-ups, we’re an industry reality, with over 400 employees collectively punching above our weight at three factories operating 24/7. This isn’t our first rodeo.​
Our team has scaled manufacturing by 10 times in a 3-year period and played the lead role in the massive reduction of smog-causing nitrogen oxide from power plants in the U.S., Europe and China. So we’re more than up to the challenge of carbon capture.

EXECUTIVE TEAM

Patricia Martinez
President and CEO
Chris DiFrancesco: CTO. Leads Cormetech's innovation strategy & development of CO2 capture solution business
Chris DiFrancesco
EVP, Chief Technology Officer
Scott Daugherty: SVP & COO. Oversees manufacturing, regeneration, QA labs, field services, project management for catalyst business
Scott Daugherty
SVP, Chief Operating Officer
Matt Lemieux

SVP, Treasurer,
Chief Financial Officer

Scot Pritchard: SVP, Application Engineering. Looking after development of CO2 capture technology like point source capture & direct air capture
Scot Pritchard
SVP, Applications Engineering
Mark Vasco: Sr VP & General Counsel: Also oversees HR, Environmental Health & Safety, IT
Mark Vasco
SVP, Secretary,
General Counsel

BOARD OF DIRECTORS

Mike Mattes
Chairman of the Board
Patricia Martinez
President and CEO
Edoardo Bugnone: Managing Partner of Cormetech. Board member
Edoardo Bugnone
Board Member
John Moore: Chairman of Cormetech
John Moore
Board Member

Patricia joined Cormetech in August 2024 to lead the company into its next phase of innovation in emissions control and carbon capture. She has a proven track record of growing businesses in the natural gas value chain across all major energy markets. Since 2021, she has led the delivery of low-carbon energy solutions, with a particular focus on Electrification, CCUS (Carbon Capture Utilization and Sequestration), Bio Energy, and Hydrogen.  Patricia also serves on the NOV (NYSE: NOV) and Par Pacific (NYSE: PARR) Boards.

Patricia has spent over 25 years in the industry, which includes stints at Dupont, Shell Oil, and TPG backed Valerus Compression Services which was sold to Enerflex (NYSE: EFXT). At Enerflex, Patricia served as President of Latin America for 8 years before being appointed Chief Energy Transition Officer. Patricia is known and respected as a thought leader around global natural gas and its role in the energy transition.

She has a Bachelor of Science degree in Business Administration and Marketing from Universidad Argentina De Empresa and an MBA from Houston Baptist University.

Chris is the Executive Vice President and Chief Technology Officer at CORMETECH. He leads the R&D organization and the development and implementation of the company’s innovation strategy that includes carbon capture solutions.

He has been with CORMETECH since its earliest days, joining the company in 1991 as a core member of the joint venture start-up team formed by Corning and Mitsubishi Heavy Industries. He has held a number of prominent roles in innovation and operations during his tenure.

Before promotion to his current role, Chris served as Senior Vice President and Chief Operating Officer, leading manufacturing, laboratories, and quality control, while maintaining CTO responsibilities.

Under his leadership, CORMETECH developed and implemented its innovation strategy leading to multiple market-shifting products and processes and manufacturing capacity expansions to support customer needs.

Chris has a Bachelor of Science degree in chemical engineering from Carnegie Mellon University and an Advanced Certificate for Executives from the Massachusetts Institute of Technology, where he studied management, innovation, and technology. He has secured 13 patents and has authored numerous industry journal articles.

Scott is the Chief Operating Officer for Cormetech leading global sales, services and marketing, along with multi-site manufacturing, regeneration and QA/laboratory operations for the SCR catalyst emissions control businesses.  He also oversees the company’s relationships with multiple catalyst licensees in China and partners throughout Asia.

A longtime senior leader at Cormetech, Scott’s previous career roles have encompassed leading teams in manufacturing, finance, IT and direct sales in consumer products at Lenox, Inc., medical and military electronics at AVX Corporation and optical waveguide manufacturing at Corning. 

He is a certified Six Sigma Green Belt and serves on the NC State Innovation and Entrepreneurship Board of Advisors. Scott holds a Bachelor of Science in Computer Engineering from Clemson University and an MBA from UNC Kenan-Flagler Business School.

Matt joined Cormetech in September 2024 to lead the financial operations of the company into its next phase of innovation in emissions control and carbon capture. He has a proven track record in equity and debt investments in carbon capture and sequestration and traditional energy markets.

At Enerflex he led the 25-country, share-for-share acquisition of Exterran Corporation, including a refinance of both companies’ debts, including the company’s first U.S. high-yield bond issuance. He originated and closed the company’s first equity investment in a U.S. carbon capture and sequestration developer with a seasoned team and promising pre-combustion CCS project in South Texas.

He served for 11 years at GE Energy Financial Services in roles of increasing responsibility and ultimately as Senior Vice President focused on energy equity investments. Prior to joining GE, Matt was an Associate and Analyst at Merrill Lynch Capital and Wachovia Capital Markets, respectively.

Matt graduated from Dickinson College with a BA in Economics and East Asian Studies and earned an MBA at the NYU Stern School of Business with a focus on Corporate Finance. He also studied at Peking University including Mandarin Chinese-based studies in the Finance program at the Guang Hua School of Management.

Scot is a seasoned and successful applied engineering leader. He has extensive experience in the sales and engineering of environmental technologies in global power generation and industrial markets as well as expertise in implementation, product innovation, after-market services, and project management.

In a career spanning more than three decades, Scot has led CORMETECH’s global sales, marketing, and engineering of SCR catalysts, regeneration, and catalyst management solutions for energy facilities worldwide. In his current position, Scot plays a leading role in the development of CORMETECH’S carbon capture technologies for point source and direct air capture applications.

Scot has authored over 30 papers, articles, and presentations in the pollution control industry and has secured multiple patents. He earned a Bachelor of Science Degree in Mechanical Engineering from Stevens Institute of Technology.

Mark is an experienced legal and compliance expert. He oversees all aspects of CORMETECH’s legal and compliance programs, as well as its Human Resources, Environmental Health & Safety, and Information Technology departments.

With over 20 years of experience as a business litigator and trial lawyer at international law firms in New York City and Charlotte, North Carolina, Mark has successfully prosecuted and defended large commercial disputes for, among others, national and international energy companies and independent power producers across the country.

Mark is admitted to practice in the state and federal courts of New York and North Carolina, as well as the U.S. Courts of Appeals for the 2nd and 4th Circuits. Additionally, Business North Carolina has included him on its list of “North Carolina Legal Elite” for business litigation.

Mark earned his bachelor’s degree from Syracuse University and a Juris Doctor from the University of North Carolina School of Law.

Mike is the Chairman of the Board of CORMETECH and is an industrial emissions-control pioneer. Over the last 40 years, he has played a vital role in promoting the adoption of SCR Catalyst and related technologies that have become industry standards in power-generation facilities across the U.S., Europe, and Asia. CORMETECH’s market-leading catalysts have contributed to a 90 percent reduction in smog-causing nitrogen oxide emissions from U.S. power plants since 1995.

Mike has been instrumental in pioneering catalyst regeneration and recycling, which reduces customers’ operating and compliance costs while minimizing landfill waste. CORMETECH is the only company in the emission-control industry that offers full-lifecycle management for catalyst and CO2 adsorber solutions, including design, manufacturing, installation, monitoring, regeneration, and recycling.

Under Mike’s leadership, CORMETECH has also combined engineering know-how and established manufacturing capabilities to develop and deliver technology to support the nascent growth of carbon capture, which global authorities like the IPCC deem critical to achieving net-zero CO2 emissions by 2050.

Before joining CORMETECH, Mike held prominent roles with Dupont Chemicals, Babcock & Wilcox, Philip Services Corp, and Schneider National. He has a Bachelor of Science degree in Chemical Engineering from the University of Akron.

Edoardo is based in Geneva, Switzerland. He brings a wealth of experience in private equity investments across a broad range of industries, including communication software, education software, healthcare, luxury goods, funeral services, industrial machinery, and climate tech.

In 2021, Edoardo, along with longtime friend and business partner John Moore, created Innovative Emissions Control Inc. (IEC), a special-purpose investment company that then acquired CORMETECH. Edoardo has applied his considerable business-finance and strategic-planning skills to help the company extend its longstanding industrial catalyst design and manufacturing capabilities to the nascent field of carbon capture.

Edoardo was previously a founding partner of Argos Soditic (now Argos Wityu), a private equity firm established in 1989 to invest in small- and mid-sized buyouts in Southern Europe. Throughout his tenure at the firm, he was responsible for Group Strategy and Investor Relations, in addition to his direct investments in Switzerland.

Between 2001 and 2002, he served as Chairman of the European Private Equity and Venture Capital Association.

Born in Italy, Edoardo holds Swiss and Italian citizenships. He earned a degree in Commercial Sciences and Business Administration from the University of Geneva. He is fluent in Italian, French, English, and Portuguese, and has a working knowledge of Spanish.

John is a seasoned business executive—he is a serial entrepreneur, angel investor and board member of various companies. In addition to being a board member of Cormetech, he is Chairman of Scientific Industries (SCND-OTCQB), Trialogics and Nyrada (NYR-ASX) as well as serving on the board of Phase Holographic Imaging (PHIXF-OTCQB).

Formerly the CEO and largest shareholder of Acorn Energy, John has a strong history of success in cleantech and industrial emissions control. Acorn created the energy-demand management company Comverge through the acquisition of the energy intelligence assets of Lucent and Scientific Atlanta. Acorn then took Comverge public through Citibank in April of 2007, before selling its interest in November 2007. Part of the proceeds were used to acquire SCR Tech/Coalogix in November 2007, which John and Acorn later sold to Energy Capital Partners at a substantial investment return in August 2011.

In 2021, John, along with longtime friend and business partner Edoardo Bugnone created Innovative Emissions Control Inc. (IEC), a special-purpose investment company that then acquired CORMETECH. IEC has now set CORMETECH on an ambitious expansion track that extends the company’s industrial catalyst engineering know-how and manufacturing capabilities to carbon capture technology solutions.

A graduate of Rutgers, The State University of New Jersey – where he majored in History and studied Environmental Science – John is known for his passion for “the big idea,” overlooked value, and the intersection of art, science, and innovation.