A new chief executive has been appointed to take the helm of a recycling company.
Tim Stedman has taken up the role at Fortis IBA Ltd, based in Chandler's Ford, which processes incinerator bottom ash (IBA) and turns it into sustainable aggregate for the construction industry, and joins the company during an important stage in its development as it progresses exciting growth plans.
Mr Stedman said: "I’m delighted to be joining the business at such an exciting time and to have the opportunity to lead it through its next phase of growth as a leader in IBA processing.
"Fortis has a highly skilled and motivated organisation who are passionate about the mission and there are many exciting opportunities being developed.
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"It is an honour to work with the team to build on this, progress key projects and deliver the opportunities ahead.
"An important focus for me will be expanding the use of Fortistone IBA aggregate across the construction industry, building on the opportunity for high-quality, sustainable alternatives to virgin materials and supporting a circular approach to construction."
Mr Stedman brings more than 30 years of industry experience to the role.
He previously served as chief executive of Storegga, a company focused on carbon capture and hydrogen solutions, and before that led Agilyx Corporation, which specialises in plastic recycling technologies.
His career also includes senior positions at Trinseo and more than two decades in leadership roles at ExxonMobil.
He will work closely with chief operating officer Steve Clasby, chief financial officer Wayne Roberts, and the wider management team.
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Mr Clasby said: "I’m very pleased to welcome Tim as chief executive.
"He brings extensive experience, strong leadership and a clear vision for the future, which will be invaluable as we further develop our state-of-the-art technology and continue to invest our next phase of growth and innovation.
"I look forward to supporting Tim as he gets to know the business, our people and our operations, and to working together to deliver on the opportunities ahead."
Fortis processes IBA from the energy-from-waste sector, transforming it into Fortistone IBA Aggregate, a sustainable alternative to primary aggregates used in construction.
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