Piscataway-based Solidia Technologies on Tuesday said investment banking, operations and commercial growth expert Kathleen Walton has been named its chief financial officer.
A specialist in mergers & acquisitions, securities and scaling innovation, Walton brings over two decades of experience in executive management and consulting, helping position disruptors across a variety of industries, including cleantech for concrete manufacturing, consumer fintech, food and agriculture, and private equity-backed marketing services.
“I’m thrilled to join Solidia’s leadership team at this exciting stage of commercialization to help grow the business and elevate the global building materials industry with sustainable technologies,” Walton said. “Scaling industry-disrupting innovations takes working efficiently, optimizing time and resources, evolving internally and seamlessly pivoting as opportunities for market growth and new applications arise.”
Solidia is a leading provider of decarbonization technologies and sustainable solutions to the construction and building materials industries. Walton joins the firm after serving as CFO of NITROcrete LLC, a technology-based service provider in the concrete industry initially backed by Mantucket Capital. During her tenure, she professionalized operations, opened subsidiaries in Mexico and Brazil, raised debt capital, restructured over $15 million of debt, reduced costs and executed on a 363 sale to a strategic investor.
Prior to that, as principal of KCoe Isom, an accounting and consulting firm with 15 locations across the U.S. and nearly 400 employees, she established a strategic finance group that included investment banking services. She provided CFO services to clients in a variety of industries, advising them on growth strategies and capitalization issues. She was elected to the partnership board within two years of joining the firm, and elected chairman a year later. Walton also previously served as principal in two private equity firms and practiced corporate law in Chicago.
“Kathleen has dedicated her career to increasing operational efficiency and financial security across industries, including in nascent technology sectors, and we’re very grateful to have her as a member of our leadership team,” Solidia CEO Russell Hill stated. “Solidia is the right technology at the right time. With Kathleen on board, we are even better positioned to accelerate commercialization and usher in the next generation of sustainable building materials.”