Noted execs from Monsanto, BP join Sapphire Board; Chromatin nabs new CTO from Syngenta; SG taps new CFO
At Sapphire Energy, Chromatin and SG Biofuels, an influx of new talent was announced that continues to confirm that the promise of advanced biofuels is attracting top-tier talents from the financial, agricultural, and biotech communities.
Sapphire Energy tapped former Monsanto CEO Robert Shapiro, former BP executive director David Allen and venture capitalist David E. Shaw to its board of directors. Allen, an advisor to PetroSaudi after driving BP corporate strategy between 2003 and 2008, commented that “Sapphire ins the only company I have seen in this space that has a shot at having a major world-scale impact on oil production.” Shapiro added “Sapphire’s has made fundamental advances in biotechnology …revolutionizing fuel production, but also having a fundamental impact on agriculture. Shapiro has served on the boards of the New York Stock Exchange, Citigroup and Rockwell International.
Chromatin announced the appointment of biotechnology and trait development expert David L. Jessen, Ph.D as the company’s CTO. Jessen will oversee all facets of Chromatin’s continued commercialization of its mini-chromosome gene-stacking technologies. He joins Chromatin from Syngenta A.G., where for the past eight years he served as the Head of Traits & Technology for Corn and Soy, and previously held several strategic leadership roles within the company, including Global Head, Field Crops R&D, and Vice President of Research and Development at Novartis Seeds, Inc.
SG Biofuels tapped J.D. Davids as CFO, a former interim CFO at Chromatin and CEO at Ikaneo who has participated in over $1B of completed M&A/IPO transactions, and over $50M in venture capital investments, including two $1 billion + IPOs.
More background on the story from the Digest
Category: Producer News