Rubicon Names Eric Bauer as Chief Financial Officer

Staff Report From Georgia CEO

Wednesday, December 11th, 2024

Rubicon Technologies, Inc. ("Rubicon" or the "Company") (OTC: RBTC), a leading provider of technology-based waste and recycling solutions, today announced the appointment of Eric Bauer as the Company’s Chief Financial Officer, effective immediately. Grant Deans, Rubicon’s Interim CFO, will continue as the Company’s Controller, reporting directly to Bauer.

"We are thrilled to welcome Eric to Rubicon as our Chief Financial Officer," said Osman Ahmed, Interim CEO of Rubicon. "His extensive leadership experience and impressive track record of scaling successful organizations in the waste and environmental services industries will be invaluable as we continue to scale our operations and further invest in our partner-centric strategy."

"I am honored to join Rubicon as Chief Financial Officer and to work alongside this talented team to advance the Company’s mission," said Bauer. "Rubicon’s innovative approach to waste and recycling aligns perfectly with my passion for driving sustainable solutions and operational excellence. I look forward to helping to propel the Company’s continued expansion."

Bauer is an accomplished executive with more than 20 years of experience in corporate leadership, investment banking, and private equity. Having spent the last five years in the waste and environmental services industries, Bauer comes to Rubicon from Circulus Holdings, PBLLC ("Circulus"), the proprietor of a solution to produce post-consumer recycled LDPE (low-density polyethylene) resin that helps keep plastics out of landfills, incinerators, and the world’s oceans, where he held the role of Chief Financial Officer. Before joining Circulus, Bauer held the position of Chief Financial Officer at Sharps Compliance, a publicly traded medical waste company, and Nuverra Environmental Solutions, a publicly traded water-focused environmental services infrastructure company. Prior to his corporate roles, Bauer served as Managing Director of Mergers and Acquisitions Advisory at Evercore, where he completed over 65 separate advisory assignments from engagement to close, advising boards of directors, sponsors, and executives on strategic merger and acquisition transactions.

Bauer holds a Bachelor of Business Administration in Finance and a Bachelor of Arts in History from Southern Methodist University.