CFOAM Limited announced that it has appointed finance and materials executive Mr. Alain F. Bouruet-Aubertot as an Executive Director for the company, with direct oversight of the company's US-based operational platform, effective immediately. Mr. Bouruet-Aubertot's appointment replaces Michael Placha, who has resigned from the Board and as CEO of Carbon Innovations, LLC. Mr. Placha will continue to consult to the company on an interim basis as part of the handover process. Mr. Bouruet-Aubertot's past roles include President, Chief Executive Officer and Managing Director, Minteq International Inc. Mr. Bouruet-Aubertot will develop and grow the production platform at the company facility in Wheeling, West Virginia. This will include developing the necessary plans to expand the current operations, strengthen the organization and broaden the reach significantly beyond its current customer base. More recently, Mr. Bouruet-Aubertot has worked with private equity investors on deal flow analysis and due diligence activities, and has held executive and board director roles at portfolio companies, including President and CEO of CCSM Materials Inc.