Cobalt taps Mayer as new CEO

In California, Cobalt Technologies appointed Bob Mayer as chairman and CEO.  Mayer, who most recently was CEO of Genencor, currently serves on the board of advanced cellulosic biofuels developer Edeniq, and is a former board member of Martek.

Cobalt’s bio n-butanol technology converts biomass and non-food waste sugars into bio n-butanol at a cost that is 40-60% lower than current petrochemical technology.