Elects New Director James R. Craigie, Chairman and CEO of Church &
Dwight Co., Announces Departures of Directors Harrison Dillon and
SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--
Solazyme, Inc. (NASDAQ: SZYM), a renewable oil and bioproducts company,
announced today the election of James R. Craigie to the company's Board
of Directors. Since 2007, Mr. Craigie has held the position of Chairman
and CEO of Church & Dwight Co., Inc., and has been CEO since 2004.
Church & Dwight Co. is a leading developer, manufacturer and marketer of
consumer and specialty products, including well-known brands such as Arm
& Hammer, OxiClean and Orajel.
James R. Craigie (Photo: Business Wire)
Mr. Craigie joins other board members, Ian Clark, CEO of Genentech; Ann
Mather former CFO of Pixar and current board member of Google, MGM
Holdings Inc., and Netflix; Peter Kovacs, former President and CEO of
NutraSweet Kelco; Michael Arbige, EVP Technology of DuPont Genencor
Science; and Chairman Jerry Fiddler, former CEO and founder of Wind
River Systems; and Jonathan Wolfson, Solazyme CEO.
In addition, Solazyme announced today that Harrison Dillon, President of
Solazyme, and William Lese, Managing Director of Braemar Energy
Ventures, have stepped down from the Board of Directors.
"Solazyme is rapidly advancing into our next phase of commercialization.
I am excited that we are now adding Jim, with his wealth of experience
and expertise, to the Board. We are extremely grateful to our President
and co-founder, Harrison Dillon, for his creativity, tireless work and
dedication, which have been key factors in the growth of Solazyme from
an idea to where we are today. We look forward to his continued work
with us as a strategic advisor. We are also grateful to Bill Lese who
has been with us for more than five years as a major venture investor
and Board member. He has provided valuable wisdom, guidance and support
over the years," said Jerry Fiddler, Chairman, Solazyme.
"We welcome a new era in this next phase for our company with the
election of Jim Craigie who adds additional strategic expertise to our
Board," said Jonathan Wolfson, CEO, Solazyme. "In particular, Jim's deep
consumer products and brand building experience adds an important
perspective to our Board, as Solazyme's tailored oils are commercialized
broadly into numerous consumer markets."
Mr. Craigie brings decades of consumer product experience, particularly
in the food, household and personal care markets. Most recently, he has
helped Church & Dwight achieve record sales and earnings growth. Prior
to his work at Church & Dwight, Mr. Craigie served as the CEO at
Spalding Sports Worldwide, and previously, Mr. Craigie spent 15 years
with Kraft Foods/General Foods in various positions including as
President of Kraft's Beverage and Desserts Division.
Mr. Craigie currently serves on the boards of Church and Dwight;
Meredith Corporation, a media and marketing company; and the Gettysburg
Foundation, a non-profit foundation involved with restoring the
About Solazyme, Inc.
Solazyme, Inc. (SZYM) is a renewable oil and bioproducts company that
transforms a range of low-cost plant-based sugars into high-value oils
and food ingredients. Headquartered in South San
Francisco, Solazyme's renewable products can replace or enhance oils
derived from the world's three existing sources — petroleum, plants and
animal fats. Initially, Solazyme is focused on commercializing its
products into three target markets: (1) chemicals and fuels, (2)
nutrition and (3) skin and personal care.
Solazyme®, the Solazyme logo and other trademarks or service names
are trademarks of Solazyme, Inc.
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130905006663/en/
Genet Garmendi, 650-780-4777
VP of Corporate
Jeff Majtyka, 212-986-6667
Source: Solazyme, Inc.
News Provided by Acquire Media