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CarbonOne Technologies appoints Nick Deeter as Director and Chief Strategy Officer

News International-French

21 Jun 2016

In his capacity as Chief Strategy Officer and a Director of CarbonOne, Mr. Deeter will offer strategic advice related to business development and marketing, and will take a lead role in assessing and advising the Company with respect to new corporate opportunities.

Mr. Deeter brings more than 30 years of business leadership experience to his role with CarbonOne, having founded, financed, invested in and grown numerous companies, focused primarily in the health care industry. Mr. Deeter has held senior executive positions and board seats with a number of leading medical device companies, where he was instrumental in developing and commercializing medical innovations. Mr. Deeter earned a B.Sc. from Purdue University and an MBA from Case Western Reserve University. Mr. Deeter is currently Chairman of Cardinal Services, Inc. and Chairman & CEO of Timberlane Ventures Inc., an investment company that Mr. Deeter founded more than 25 years ago. He has also served for six years on the Executive Committee and Board of Trustees of the Corporate Partnership for Economic Growth in Indiana.

On May 24, 2016, CarbonOne announced that it has entered into a binding agreement to acquire the TekModo group of companies. TekModo is an established manufacturer and distributor of advanced composite panels for use in the recreational vehicle, bus, marine and commercial transportation vehicle industries. TekModo’s head office and manufacturing facility, and the majority of its customers, are based in the region of Elkhart, Indiana.

“Mr. Deeter’s business and marketing expertise, coupled with his strategic business relationships in the State of Indiana, will be invaluable as CarbonOne focuses on expanding TekModo’s market share and commercializing new products,” said John Proust, Chairman and Chief Executive Officer of CarbonOne.

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