Climeworks, a company working in Direct Air Capture (DAC) and carbon dioxide removal, has announced the appointment of Stéphan Truchot as its new Chief Financial Officer, effective 1 June 2026. Truchot will join the company’s executive leadership team to spearhead its global financial strategy as the firm scales its industrial deployment and commercial carbon removal operations.
Truchot brings more than 25 years of experience in structured finance, capital structuring, and corporate growth across the global industrial and renewable energy sectors, working extensively alongside private equity and institutional infrastructure investors.
Truchot joins the Swiss DAC pioneer from Amarenco, a prominent European solar energy and storage producer, where he served as Group Chief Investment and Chief Financial Officer. During his tenure at Amarenco, he successfully executed a €300 million equity raise with a new co-lead investor and secured €750 million in asset-backed financing to fund the build-out of large-scale renewable projects.
His corporate history also includes a tenure as Group Chief Financial and Information Officer at the private-equity-backed CMR Group, which culminated in a successful strategic exit. Additionally, he held senior leadership roles at environmental multinational giants SUEZ and Veolia across Paris and Hong Kong. A French national, Truchot began his career in structured finance at BNP Paribas, operating out of Paris, London, and Beijing.
The executive appointment comes at a crucial time for the carbon removal sector, which is transitioning from early-stage technology pilots to capital-intensive, utility-scale industrial facilities requiring massive injections of project finance and institutional backing.
“With Stéphan, we welcome a highly accomplished Chief Financial Officer with the right profile for Climeworks as we enter our next phase of growth,” said Christoph Gebald, CEO of Climeworks. “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.”
Truchot expressed that the transition to the DAC sector aligns with his long-term focus on environmental commodity markets. “Joining Climeworks is a natural step in my professional journey, having dedicated most of my career to financing industrial responses to the climate transition,” Truchot stated. “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.”
