Dustin Olson, the CEO of PureCycle Technologies, has a solid educational background that includes a B.S. in Chemical Engineering and an MBA from Rice University. Before leading the company, he served in various roles at LyondellBasell, where he managed operations...
Dustin Olson, the CEO of PureCycle Technologies, has a solid educational background that includes a B.S. in Chemical Engineering and an MBA from Rice University. Before leading the company, he served in various roles at LyondellBasell, where he managed operations across regions, including Asia-Pacific and Africa. Olson was appointed CEO in August 2022, after previously being the Chief Operating Officer and Chief Manufacturing Officer. His focus has been on improving the commercial viability of the company’s operations while dealing with significant challenges in production and financing. In 2023, under his leadership, Olson earned a total compensation of approximately $1.03 million, which included a bonus based on the company’s performance metrics. This highlights his commitment to aligning his success with the company’s achievements. Interestingly, since joining PureCycle, Olson's personal stock holdings fluctuated, peaking dramatically during his first years. Notably, his insider trading showed values exceeding $8 million at times, demonstrating his confidence in the company’s potential. Additionally, Olson actively participated in realigning the company’s strategies amid a tough market, showcasing his analytical approach. With a history of operational leadership, he is steering PureCycle toward growth with an engineering mindset, aiming for global expansion.