Sandnes, Norway-15 October 2024: Desert Control AS ("Desert Control" or the
"Company") is pleased to announce the appointment of Lars R. Eismark as
Executive Chairman of its Board of Directors following Knut Nesse's planned
retirement. Mr. Eismark brings extensive experience in strategic consulting,
corporate development, and guiding technology-driven innovation, marking a new
chapter in Desert Control's journey as it advances its groundbreaking Liquid
Natural Clay (LNC) technology.
The appointment of Mr. Eismark follows a recruitment process initiated by the
board in March 2024. After formally joining as a board member following the
annual general meeting in June, he spent the past five months immersing himself
in the Company's operations, engaging with key stakeholders, visiting customers
and partners across the United States and the Middle East, and gaining a deep
understanding of Desert Control's pioneering work in soil health and water
conservation technologies.
Mr. Eismark has held senior leadership roles in a wide range of industries,
including strategy consulting as a Senior Partner at A.T. Kearney, Director
roles at Andersen Consulting and Radiometer, and advisory and board positions in
technology-driven and sustainability-focused organizations such as the World
Wildlife Fund (WWF), Uhrenholt A/S, Twoday A/S, and well-reputed international
PE firms. His expertise in guiding high-impact technology portfolios will be
valuable as Desert Control continues to drive innovation of its LNC technology
as a scalable soil-health platform. With a strong focus on the science behind
soil regeneration and its holistic impact on biodiversity, Desert Control is
positioned to lead the development of economically scalable soil and water
conservation solutions for agriculture, landscaping, reforestation, and nature
conservation initiatives.
"Lars Eismark is a highly respected leader with deep experience in areas
essential to Desert Control's mission," said James E. Thomas, board member and
largest shareholder of Desert Control. "His appointment underscores our
commitment to accelerating the development of our LNC technology, improving soil
health, conserving natural resources, and creating long-term value through
advanced R&D. I am confident his leadership will further strengthen the
Company's position to deliver innovative, economical solutions to address global
environmental challenges."
Knut Nesse, who has been the Chairman since 2018, leaves behind a legacy of
guiding Desert Control through critical phases of its early development. Under
his leadership, Desert Control transitioned from early-stage MVP technology to
field-tested prototypes, successfully listed on Euronext Growth in 2021, and
expanded its operations into the Middle East and North America. His
contributions laid a solid foundation for Desert Control's success in the
sustainable technology space.
"Knut leaves behind a company with strong technological foundations and a clear
path to unlock further scalability through its innovation efforts," commented
Mr. Eismark. "I am honored to step into the role of Executive Chairman at this
exciting juncture for Desert Control. I look forward to working closely with the
board and management team to continue advancing our mission of Making Earth
Green Again by deepening our R&D efforts to scale the impact of our technology."
As the Company continues advancing its technology development and commercial
scalability, Mr. Nesse expressed confidence in his successor and the Company's
trajectory. "It has been a rewarding journey to lead Desert Control's board over
the past six years," said Knut Nesse. "With Lars Eismark now stepping in, the
timing is right for this transition. I am confident that the Company will
continue to flourish under his guidance, and I will continue to follow Desert
Control's progress with great interest."
The Board of Directors expressed gratitude for Mr. Nesse's contributions and
leadership during his tenure. His efforts have created a strong foundation as a
technology-driven innovator in sustainable soil health and water conservation
solutions.
Looking forward, CEO Ole Kristian Sivertsen welcomes the leadership transition,
highlighting the alignment between Eismark's experience and the Company's
vision. "We are excited to welcome Lars to his new role as Executive Chairman,"
said Mr. Sivertsen. "His understanding of our innovative technology and business
opportunity, combined with the time he dedicates to engaging with key
stakeholders to support our mission, is invaluable. We are on track to meet our
development milestones, including scaling production capabilities to support
commercial deployments and accelerated market adoption with exciting times
ahead."
For further inquiries, please contact:
Ole Kristian Sivertsen
CEO, Desert Control
Email: oks@desertcontrol.com
Mobile: +47 957 77 777
About Desert Control:
Desert Control develops innovative solutions to enhance soil health, conserve
water, and promote ecosystem resilience. The company's mission is to combat
desertification, soil degradation, and water scarcity. Our patented Liquid
Natural Clay (LNC) transforms sandy, fast-draining soils to retain water and
nutrients, improving soil health, crop yields, and ecosystem vitality while
conserving water. Desert Control provides customized solutions to strengthen
sustainability, profitability, and prosperity for agriculture, forests, and
green landscapes. In collaboration with partners and clients, we aim to preserve
natural resources, restore biodiversity, enhance food security, and ensure a
climate-resilient future.
For more information, visit https://www.desertcontrol.com
Important Notice:
This information is subject to the disclosure pursuant to the continuing
obligations for companies admitted to trading on Euronext Growth Oslo and the
requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.