LanzaTech Global Appoints Sushmita Koyanagi as CFO; Qiming US Ventures Management Founder Gary Rieschel Takes on Director Role

LanzaTech Global has appointed Sushmita Koyanagi as its new Chief Financial Officer (CFO). Gary Rieschel, the company's founder, will continue to serve as a Director. LanzaTech is a carbon recycling company that transforms waste carbon into sustainable raw materials for everyday products. The company's bio-recycling technology captures carbon generated by energy-intensive industries and gives it a new life as a clean replacement for virgin fossil carbon.

LanzaTech Global, Inc. (NASDAQ: LNZA) has announced significant changes in its executive leadership team, including the appointment of Sushmita Koyanagi as the new Chief Financial Officer (CFO) [1]. The company also announced that Gary Rieschel, a long-time serving Board member, will retire from the board of directors following the upcoming Annual Meeting of Stockholders [1].

Sushmita Koyanagi, previously the Chief Accounting Officer (CAO) at LanzaTech, will assume the role of CFO effective June 2, 2025. She succeeds Justin Pugh, who served as the interim CFO since January 2025 and will maintain an advisory role until June 30, 2025 [1]. Koyanagi brings extensive experience in accounting, financial reporting, process improvement, and team management, having most recently joined LanzaTech as CAO in December 2024.

Amanda Fuisz will assume the role of interim General Counsel, effective June 13, 2025. Fuisz currently serves as the Deputy General Counsel and will succeed Joseph Blasko, who will step down to pursue a new professional opportunity [1].

These leadership changes are part of LanzaTech's ongoing strategic measures aimed at streamlining operations and reducing costs. The company anticipates annual cost reductions of approximately $1 million, which will be allocated to its most promising commercial opportunities and projects [1]. The focus will be on leveraging the company's core gas fermentation technology platform to advance sustainable aviation fuel production.

LanzaTech Global is a carbon recycling company that transforms waste carbon into sustainable raw materials for everyday products. Using its biorecycling technology, the company captures carbon generated by energy-intensive industries and gives it a new life as a clean replacement for virgin fossil carbon [1].

References:

[1] https://www.morningstar.com/news/globe-newswire/9460411/lanzatech-advances-transformation-with-leadership-changes-and-cost-optimization-actions
[2] https://seekingalpha.com/news/4453682-lanzatech-appoints-sushmita-koyanagi-as-cfo