
Management ChangeJun 18, 2026, 04:37 PM
Arq Appoints Peter Owino as Interim Chief Accounting Officer
AI Summary
Arq, Inc. announced the appointment of Peter Owino, 51, as its Interim Chief Accounting Officer, effective June 12, 2026. Mr. Owino, an accounting and finance consultant, will serve as the principal accounting officer until a successor is named. Concurrently, the Board designated Bob Rasmus, the Company's President and CEO, as the Interim Principal Financial Officer until Shimon Steinmetz assumes the Chief Financial Officer role around July 27, 2026.
Key Highlights
- Arq appointed Peter Owino, 51, as Interim Chief Accounting Officer, effective June 12, 2026.
- Mr. Owino will serve as principal accounting officer until a successor is appointed.
- Arq entered a consulting agreement with Princeton Business Consulting for Mr. Owino's services.
- The company will pay Princeton Business Consulting an hourly fee of $350, capped at $63,000 monthly.
- The agreement has an indefinite term, terminable with 30 days' notice.
- Bob Rasmus, President and CEO, was designated as Interim Principal Financial Officer.
- Mr. Rasmus will serve as Interim Principal Financial Officer until Shimon Steinmetz commences as CFO around July 27, 2026.
Price Impact
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