WOODRIDGE, IL – Elevance Renewable Sciences Inc. announced that Karl Schoene will succeed Tony Parnell as the company’s Chief Executive Officer. Parnell will transition to Executive Chairman of the Board of Directors. Both executive appointments were effective May 1, 2017.
“Karl is the right person to take Elevance to even greater success,” said Parnell. “He’s a proven leader with a history of producing strong results and developing effective teams along the way. As a former CEO for two other high-growth companies and with more than 25 years in the specialty chemical industry and related fields, he’s the right CEO for Elevance at this time in our development.”