REG - Renewi PLC - Chief Executive Officer Departure

RenewiAnnouncement

06/06/2025 11:30

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RNS Number : 8287L  Renewi PLC  06 June 2025

6 June 2025

 

CHIEF EXECUTIVE OFFICER DEPARTURE

 

Renewi plc ("Renewi", or the "Company"), a leading waste-to-product company,
today announces that Otto de Bont has stepped down as CEO. A successor will be
announced in due course.

 

During his tenure, Otto de Bont has successfully led Renewi through
significant growth, establishing the Company as one of the strongest brands in
the industry. Under his leadership, Renewi has expanded its loyal customer
base, which the Company serves with a wide portfolio of recycling services and
high-quality circular materials.

 

Paul Mitchener, incoming Chairman to the Board of Renewi, remarked, "We are
grateful for Otto de Bont's outstanding leadership in transforming Renewi into
a leader in the circular economy. His drive and commitment to sustainability
have not only reshaped the Company, but have also set a benchmark for the
industry. We sincerely appreciate his significant contributions."

 

Otto de Bont stated, "Dedicating my time at Renewi to advance recycling and
promote circularity in general has been incredibly rewarding. I am glad to
have contributed to the transformation of Renewi, making it the leading pure
play recycler in Europe. With the rapid transition of our industry and demand
for low carbon secondary materials increasing, the Company is ready for its
next chapter.  I am proud of our colleagues and what we have accomplished
together."

 

ENDS

 

   Enquiries

   FTI Consulting (PR Adviser to Renewi)
   Alex Le May                              +44 203 727 1340

   Richard Mountain

About Renewi

 

Renewi is a pure-play recycling company that focuses on extracting value from
waste and used materials rather than disposing of them through incineration or
landfill. The Company plays an important role in combating resource scarcity
by creating circular materials. In giving new life to used materials, Renewi
addresses both social and regulatory trends, contributing to a cleaner and
greener world.

 

Our vision is to be the leading waste-to-product company in the world's most
advanced circular economies, reflected in a recycling rate of continuing
operations of 66.2%, one of the highest in Europe. In FY24, Renewi puts 6.6
million tonnes of low-carbon circular materials back into use. This
contributes to mitigating climate change and promotes the circular economy.
Our recycling efforts help to protect natural resources and prevent more than
2.5 million tonnes of CO2 emissions annually.

 

Renewi leverages innovation and the latest technology to turn waste into
circular materials such as paper, metals, plastics, glass, wood, building
materials, compost, and water. We employ over 6,000 people across 150
operational sites in five countries in Europe. Renewi is recognised as a
leading waste-to-product company in the Benelux region and a European leader
in advanced recycling.

 

Visit our website for more information: www.renewi.com
(https://www.globenewswire.com/Tracker?data=6DWeoMOXTGSbzNx0CjxAbRWOahmvyg9OHYHzOcOC9sl93I3nZ9fQ70-MtbaCtM9lxkhV9XRCEg3r1fWVdLTnjA2iaLWqnPT-rzQSfkR32aYkO2JS1iedl3hUo__Kr68heo_mK6E4xNsqUSNOa49Ujq3P6PPPkgO_gDeI_jntn2SygS3CRgPzqS9s5WDZejHA38QmWYpeWhjvOsg5sp8Lx0hAXUkbmhLH8TpE8ExbH4w=)
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