The Board of Directors of Capsol Technologies has appointed Wendy Lam as new CEO to lead the global deployment of the company?s sustainable and highly cost-efficient carbon capture technology. Effective 15 February 2024, Lam takes over for Jan Kielland who has led the company since 2018. The appointment of Lam comes after a comprehensive international search as part of a management succession program initiated in early 2023 to safeguard the company's long-term development.

Lam brings over 20 years of global executive leadership experience from major international and listed industrial companies, including Baker Hughes, Rolls-Royce, and GE. She has a proven track record of driving growth, developing strategic partnerships, and commercializing new technologies worldwide and has been a board member of Capsol Technologies since October 2023. Lam is a Canadian and Norwegian citizen residing in Oslo, with mechanical and industrial engineering degrees from the Universities of Waterloo and Toronto and an MBA from INSEAD/Wharton.