Chief Executive Officer and Chairman of the Board
Mike Otworth is Chairman and Chief Executive Officer of PureCycle Technologies. Mike is also the Co-Founder and Chairman of the Board of Innventure, the parent company of PureCycle. Prior to Innventure, Mike served as President and Founding Partner of Green Ocean Innovation for six years. Green Ocean provided technology sourcing and innovation strategy and development services to Lilly/Elanco Animal Health primarily focusing on therapeutics, diagnostics, and various medical devices. Prior to Green Ocean, Mike served as Vice-President and Founding CEO of multiple start-ups at XL TechGroup (XLTG), which founded, capitalized and advanced companies successfully to late-stage funding. Six of the late-stage funding events included IPOs in New York and London creating $4.5 billion in market value. Mike began his career on Capitol Hill working as a legislative aide and committee staff member in the U.S. House of Representative after attending Otterbein University and Ohio State University.
Chief Financial Officer
Michael Dee joined as the Company’s Chief Financial Officer in October 2020. Previously, Mr. Dee served as the Managing Member of Bird Creek Capital LLC, a consulting services company, providing advice and services to the Company. Before joining the Company, Mr. Dee served as the President and Chief Financial Officer and a member of the board of directors of Graf Industrial Corp., a special purpose acquisition company from October 2018 to September 2020, which acquired a lidar technology company in September 2020. Previously, Mr. Dee was involved in a number of personal investment and philanthropic activities. In 2015 and 2016, Mr. Dee was a Senior Advisor to the President for Finance of the Asian Infrastructure Investment Bank, a $100 billion multilateral development bank, and served as a member of its Management and Investment Committee. From 2010 to 2015, Mr. Dee managed various private investments, including providing advice to SeaOne Maritime Corp., a startup focused on the monetization of natural gas and gas liquids. Mr. Dee was Senior Managing Director - International of Temasek Holdings Private Limited, Singapore’s sovereign investment company, from 2008 to 2010 and also served as a senior member of its Management Committee and Investment Committee. Prior to joining Temasek, Mr. Dee worked at Morgan Stanley from 1981 to 2007 in a variety of senior positions in its capital markets, mergers and acquisitions and firm management divisions, including acting as Head of Fixed Income Capital Markets, 118 Sovereign and Financial Institutions Coverage for Asia, Regional Chief Executive Officer for Southeast Asia and as Head of Morgan Stanley’s regional office in Houston. He was also appointed Singapore’s Honorary Consul General in Houston. Mr. Dee received a Bachelor of Science degree in Economics from the Wharton School of the University of Pennsylvania in 1981.
Chief Commercial Officer
David Brenner has served as the Company’s Chief Commercial Officer since August 2020. He also served as PCT’s Chief Integration Officer from January 2017 to August 2020. Prior to joining PCT, Mr. Brenner was a Senior Solution Manager, from September 2016 to November 2016, and a Manager, from September 2012 to September 2016, at Deloitte Touche Tohmatsu Limited, a division of a multinational professional services network. Mr. Brenner’s prior experience also includes leading the implementation of Electronic Medical Records for orthopedic surgeons, modernizing flagship applications for the Centers for Medicare and Medicaid Services, and supporting the implementation of the Affordable Care Act at Health Care Service Corporation. He earned his MBA from Texas A&M and holds a B.A. in Business Administration, Operations Management from The University of Texas.
Chief Manufacturing Officer
As a business leader based in Shanghai with responsibilities for Asia Pacific, Africa, Middle East, and India specialty polymer business units, Dustin led the successful regional integration of two major companies, achieved year-over-year financial growth, and built a strong organizational and project foundation. Prior activities and achievements include successful completion of major turnarounds (>$200MM), start-up of small, mid-sized, and large-scale new construction projects, and two new business start-up activities. He won several local and external recognitions, including the 2015 Coker person of the year for his work to implement a novel process safety innovation within the Refining Coking Technology. Olson holds a bachelor of science in chemical engineering from the University of Missouri-Rolla, a masters in chemical engineering from the University of Houston, and a masters in business administration from Rice University. He strongly supports numerous educational endeavors as a Board Member for the Industrial Advisor Counsel at the University of Missouri-Rolla Department of Chemical Engineering (2009-12), the Rice University Jones School Alumni (2010-13), and the Steeleville High School Foundation (current).
General Counsel and Corporate Secretary
Brad Kalter has served as General Counsel and Corporate Secretary since January 2021. Mr. Kalter served as General Counsel, Chief Legal Officer and Secretary of United Insurance Holdings Corp., a property and casualty insurance holding company, from February 2019 to January 2021. From October 2015 to February 2019, Mr. Kalter served as Executive Vice President, General Counsel and Corporate Secretary of Exide Technologies (“Exide”), a battery manufacturing and energy storage business, overseeing global legal from 2015 to February 2019. Mr. Kalter was responsible for overseeing the legal functions of the organization including corporate governance, compliance, litigation and subsidiary management, as well as overseeing legal aspects of corporate financing transactions and mergers and acquisitions. Mr. Kalter previously served as Vice President, Deputy General Counsel and Corporate Secretary at Exide from 2009 to September 2015 and also as Exide’s Deputy General Counsel and Corporate Secretary from 2006 to 2008. Prior to joining Exide, Mr. Kalter served as General Counsel at Cotton States Insurance Group, a multi-line insurance group, from 1999 through 2003. Mr. Kalter holds a J.D. from Emory University and a B.A. in Political Science and Communications from the University of Pennsylvania.
Chief Sustainability Officer
Ms. Ettefagh has over 32 years of experience in the areas of recycling and plastics recycling, including implementing a recycling collection program, running the recycling operations for a manufacturing recycling facility, purchasing raw materials, and selling recycled resins for plastic recycling companies. Previous to PureCycle, she worked as a Senior Consultant both in an independent capacity and for major consulting firms in the plastics recycling space, focusing on strategy and implementation to advancements in process, primarily in polyolefins. She has consulted for agencies, banks, potential plastic manufacturers on market conditions, types of supply, and how to evolve and diversify markets for recycled resins. Ms. Ettefagh has been an avid public speaker at conferences, symposiums, and in webinars for the past 25 years, and served on several Boards, including the Sustainable Packaging Coalition from 2019 to 2020. She holds a Bachelor of Science in Communications from Texas A&M University.
Director of Special Events Procurement
Before joining PureCycle, Flutie was the vice president of sales and marketing for Riversoft, a leader in home healthcare agency software. Prior to that, he worked with Agere Systems, formerly Lucent Microelectronics (now LSI Logic), which designs, manufactures, sells, and licenses Agere IP products. Flutie was part of the founding team of a successful electronic manufacturers' representative company, Integrated Technology, Inc. He also held senior sales positions at Global IP Solutions, Phillips-Signetics, and Seven-Ten Storage.
Flutie holds a bachelor's degree in Electrical Engineering from Brown University, where he played varsity football and was captain of the baseball team. Bill comes from a sporting family; his brother is Doug Flutie, former Heisman trophy winner and NFL quarterback.