BioAmber makes changes in board directors

BioAmber makes changes to board, appoints new CFO

9:02 AM, 16th May 2017
BioAmber logo

MONTREAL, US: BioAmber Inc (BIOA) said that it is has appointed Robert Frost to its board of directors, effective immediately. Frost is a Partner at Naxos Capital Partners, one of the BioAmber’s largest stockholders. 

Frost will fill one of the board seats vacated by the resignations of Jean-Francois Huc and George FJ Gosbee effective 12 May and 11 May respectively. 

Frost brings extensive financial experience and deep knowledge of the company, its business and its industry. He has been elected a Class II director, to hold office until the 2018 annual meeting of stockholders. 

The company is also pleased to announce the appointment of Mario Settino as the company's chief financial officer (CFO). Settino replaces the company's current Interim CFO, Raymond Land, who will continue to serve as chairman of the company's board of directors. 

Settino is a seasoned professional with over 30 years of financial and operational experience in various industries such as services, manufacturing and high-end technology. He previously served as president and CFO of Peds Legwear and prior to this was CFO of Miranda Technologies.

Finally, after the company's Annual Meeting of Stockholders held in Montreal, Canada, the stockholders of the company has voted to re-elect Kurt Briner and Ellen Richstone to the company's board of directors and to ratify the appointment of Deloitte LLP as the company's independent registered public accounting firm for the year ending 31 December 2017.

© Worldofchemicals News 

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