MyCelx Technologies announces André Schnabl to its Board as Senior Independent Director

– USA, GA – MYCELX Technologies Corporation (LON:MYX), the clean water technology company providing patented solutions for the Oil and Gas market and commercial industrial markets worldwide, today announced the appointment of André Schnabl as a Non-Executive Director, Chairman of the Audit Committee and Senior Independent Director, with effect 1 January 2019.

Commenting on today’s announcement Tim Eggar, Chairman of MyCelx, said: “I would like to welcome André onto the Board. After a distinguished career at Grant Thornton he brings considerable expertise to our team and we look forward to his contribution in his role as Chairman of the Audit Committee and in assisting the Company’s continuing growth and development.

On behalf of the Board I would also like to express our gratitude to Swinton for his long-standing contribution to the Company, both as a Non-executive Director and as Chairman of the Audit Committee.”

About André Schnabl

André is the managing principal of Tenor Capital Partners LLC, a boutique investment bank focused on advising companies and shareholders in analysing, structuring and financing employee stock ownership plans. Prior to Tenor, André was the managing partner of the Atlanta office of Grant Thornton LLP, from which he retired in 2012. He joined Grant Thornton in Zimbabwe and also spent time in the firm’s Montreal office before moving to the Atlanta office.

André led an initiative in partnership with the education sector intended specifically to influence excellent governance standards among audit committee chairs.

André has a Bachelor degree in Chemistry and Geology from the University of London and is a CPA. He serves on a number of corporate and not-for-profit boards.
Swinton Griffith, who has acted as a Non-executive Director and as Chairman of the Audit Committee of the Company since 9 January 2012, will step down from this role following Mr Schnabl’s appointment.

AboutMYCELX

MYCELX is a revolutionary oil-free water technology company solving the world’s toughest oil removal problems in the oil and gas industry. The systems are based upon scientific breakthrough for a completely different approach to permanent oil removal. The Company created the patented MYCELX polymer using innovative molecular cohesion for removing oil from water far beyond what conventional systems have ever achieved. MYCELX systems remove oil to critically low levels in a much smaller physical footprint than conventional systems and in a virtually fail-safe process.

For more information : https://www.mycelx.com

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