newly hired forest Jeff Briggs As managing director of North America, he will lead the overall strategy for the region, the company said in a statement Thursday.
Mr. Briggs joined the company on Wednesday and instead Brian Shillingrow A spokesperson said he left in November to pursue other opportunities.
Briggs will focus on providing consistent and stable investment returns to his clients while contributing to communities, livelihoods and the circular bioeconomy, the statement said. New Forests is his $7 billion investment manager based in Sydney, specializing in nature-based real assets and natural capital strategies.
Mr. Briggs Mark Rogerscurrently a senior managing director for the United States, Australia and New Zealand, and will assume the role of CEO in April.
The statement also said the change in New Forest’s shareholding was finalized on Tuesday. The company announced on May 20 that Mitsui will increase its stake in the company from 23% to 49%, while Nomura Holdings will purchase a 41% stake in the company. The remaining 10% of him will be kept by New Forests staff.
Mr. Briggs has over 30 years of experience in investment, renewable energy and agriculture. He was the Chief Operating Officer of WasteFuel, a company that converts municipal solid waste into renewable natural gas and low-carbon fuels such as green he methanol.