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UPDATE | A spokeswoman for Enerkem in Montreal tells us that Patrice Ouimet replaces CFO Pierre Richard, who left the company at the end of January. Richard joined Enerkem in early 2008.
Montreal-based Enerkem has appointed Patrice Ouimet, a former M&A investment banker with Lazard, as chief financial officer.
Ouimet was most recently an executive for an international apparel manufacturer.
Ouimet began his career with Ernst & Young. He later worked as a director working on mergers and acquisitions deals at Lazard and at CIBC World Markets.
Last December Enerkem scored $50 million in stimulus funding from the Department of Energy to support construction of a waste-to-biofuels power facility in Pontotoc, Miss.
The biofuel startup has raised venture capital funding from Rho Ventures, Braemar Energy Ventures and BDR Capital.
Image: Newswire Canada