CarbonOne Selects Strategy Officer

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CarbonOne Technologies has appointed Nick Deeter to its board of directors and to the position of chief strategy officer.

In his capacity as chief strategy officer and a director of CarbonOne, Deeter will offer strategic advice related to business development and marketing, and will take a lead role in assessing and advising the company.

On May 24, CarbonOne announced that it has entered into a binding agreement to acquire the TekModo group of companies.

Deeter brings more than 30 years of business leadership experience to his role with CarbonOne. He 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.

Deeter is currently chairman of Cardinal Services and chairman and CEO of Timberlane Ventures, an investment company that he 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.

TekModo is an established manufacturer and distributor of advanced composite panels for use in the RV, 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, Ind.

“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,” Chairman and Chief Executive Officer of CarbonOne John Proust said.

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