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Verdezyne gets new CFO

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Hydrocarbon Engineering,

Verdezyne, Inc., a synthetic biology company producing bio-based chemicals, has appointed David Kelsey as Chief Financial Officer (CFO). He brings a deep leadership background with a number of established companies, both public and private.

"David brings a wealth of experience to the company as we look to become a global leader in the production of bio-based chemicals," commented E. William Radany, Ph.D., President and CEO of Verdezyne. "He has held leadership roles in a number of industries, from finance to renewable chemicals, and his expertise is exactly what Verdezyne needs at this exciting juncture."

Kelsey was CFO of Elevance Renewable Sciences from 2011 - 2015. Prior to that he was Senior Vice President and CFO of Sealed Air Corp, a Fortune 500 company and a leader in global manufacturing of a variety of food, protective and specialty packaging materials and systems. From 1973 he held a variety of executive positions with General Electric and GE Capital.

"This is an exciting time to join a market leader such as Verdezyne, particularly with the global market for bio-based chemicals expanding at a rapid clip," said Kelsey. "I look forward to working with the management team to execute on the company's strategic plan."

Kelsey serves as a director and chair of the audit committee of Granite Construction, Inc. He earned a Bachelor of Science degree in Engineering from Princeton University and an MBA from Harvard Business School.

Kelsey replaces Brian Conn, who left the company in February of this year.

Adapted from press release by Francesca Brindle

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