Michael Otworth served as the CEO of PureCycle Technologies from 2015 until his resignation in August 2022. He graduated with a degree from two universities: Otterbein University and Ohio State University, focusing on technology. In his time leading PureCycle, he...
Michael Otworth served as the CEO of PureCycle Technologies from 2015 until his resignation in August 2022. He graduated with a degree from two universities: Otterbein University and Ohio State University, focusing on technology. In his time leading PureCycle, he drove the company towards solving the plastic waste crisis by promoting sustainable recycling technologies. During his tenure, he received significant compensation, peaking at over $6.4 million in 2021, mainly due to a large bonus for leading a successful business combination. One notable aspect of his leadership was his involvement in dramatic insider trading transactions, with values exceeding $68 million in mid-2021 alone, revealing significant fluctuations in his company's stock performance. His departure from the company was not due to any internal disagreements, allowing for a smooth transition to his successor. Overall, Otworth was seen as a key player in shaping PureCycle’s strategy and direction in the sustainability sector.