Waste heat company Orcan Energy continues to grow: Marcus Jentsch becomes new CFO of Orcan Energy
Munich, 08.06.2022 - On its way to global expansion, the Munich-based waste heat company Orcan Energy is strengthening its management team: Marcus Jentsch (54) is to become Orcan Energy's new Chief Financial Officer (CFO). With him, the technology leader in the field of waste heat solutions gains an experienced financial expert who will be responsible for the areas of finance, controlling, taxes and legal affairs. With his expertise in the field of cleantech and renewable energies, he will be primarily supporting Orcan Energy's growth and global expansion.
Marcus Jentsch can draw on a wide range of management and capital market experience - including IPOs, capital increases, share placements and mergers and acquisitions. The economics graduate began his career in investment banking at UBS and Lazard. He then moved to the energy industry, where he assumed a number of CFO positions, including the listed energy supplier MVV Energie AG in Mannheim and the international wind and solar park provider juwi AG in Wörrstadt, where he successfully managed the restructuring and turnaround of the group as CFO. Most recently, Marcus Jentsch performed the role of CFO at the Munich-based start-up Jolt Energy.
"With Marcus Jentsch, we are gaining an internationally experienced CFO for the successful further development of Orcan Energy. As CFO, Marcus comes at just the right time to set the right course for the future in our current growth phase," says Andreas Sichert, CEO and co-founder of Orcan Energy.
"Marcus is a proven expert in the field of finance. After more than 20 years in the energy industry, he has an outstanding track record in financial planning and management as well as in the capital markets business. We are confident that he is the right partner for Orcan Energy's strategic growth path. The Supervisory Board has unanimously appointed Marcus as Chief Financial Officer," said Christian Reitberger, Chairman of the Supervisory Board of Orcan Energy AG.
"I am very excited to lead Orcan Energy with its great team and best-of-class waste heat solution in such an exciting and dynamic phase and to set it up right for the future," says Marcus Jentsch about his new role at Orcan Energy.