– USA, MA – Divert, Inc., an impact technology company on a mission to Protect the Value of Food, announced the appointment of Tim Laurion to the board of directors of Ara Divert Holdco, its parent company.
Tim Laurion brings more than 41 years of leadership in corporate and investment banking from Bank of America, with the majority of his career focused on the environmental services industry.
About Timothy M. Laurion
Tim Laurion spent his entire career at Bank of America, where he served as a managing director and senior corporate banker in the global corporate and investment banking division. He is considered one of the nation’s leading bankers in the environmental services industry, having developed and maintained lead banker relationships with most of the country’s top environmental and waste firms in the last 30 years of his career.
In addition to his broad knowledge of the environmental sector, Tim Laurion brings extensive experience as a trusted strategic advisor, providing counsel on capital raising, mergers and acquisitions, balance sheet management, capital allocation, and growth planning. He has structured and arranged over $100 billion in credit facilities to support the growth initiatives of his clients over the many decades in the environmental sector.
Since 2023, Tim Laurion has also served as a member of the board of directors of Enviri Corporation (NYSE: NVRI), a leading environmental solutions company, and a member of the audit and governance committees of the board.
Tim Laurion has a Bachelor of Arts from Bowdoin College, a Master of Business Administration from Suffolk University, and is a Chartered Financial Analyst.
About Divert, Inc.
Divert, Inc. is an impact technology company on a mission to Protect the Value of Food. Founded in 2007, the company creates advanced technologies and sustainable infrastructure to address wasted food, driving social and environmental impact. Divert provides an end-to-end solution that leverages data to prevent waste, facilitates edible food recovery to serve communities in need, and converts unsold food products into renewable energy. Through this integrated approach – Prevent, Provide, Power – the company works with over 7,200 customer locations across the U.S. to reduce wasted food and positively impact people and the environment. Its customer base spans across industries and includes five Fortune 100 companies.
For more information: https://divertinc.com/
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