DAVIS, Calif.--(BUSINESS WIRE)--Oct. 5, 2015--
Arcadia Biosciences, Inc. (NASDAQ: RKDA), an agricultural technology
company, today announced that chief financial officer Thomas O’Neil will
be leaving the company to pursue other professional interests. Steve
Brandwein, vice president of finance and administration and a 13-year
veteran of the company, will serve as interim CFO while the company
conducts a national search for a new CFO.
Mr. Brandwein has served as Arcadia’s vice president of finance and
administration since the company’s founding in September 2002, and
served as the company’s secretary from September 2002 until June 2014.
Prior to joining Arcadia, he built a broad base of experience in both
the public and private sectors, including work for the Department of
Treasury and more than a decade as an executive with Dial Corporation in
both the U.S. and Europe.
“We expect a smooth transition given Steve’s deep financial background
and the breadth and quality of our entire finance team,” said Arcadia
president and chief executive officer, Eric Rey. “Steve’s leadership and
history with Arcadia will be particularly important as we continue to
move toward commercialization of our rich product pipeline while
maintaining tight control of costs.”
“We are grateful to Tom for his leadership as Arcadia became a public
company earlier this year,” said Rey. “He was a key member of the team
that took the company public, and he helped establish the financial
systems and processes that will serve us well into the future.”
“I am proud of my contributions and the transition we made as Arcadia
became a public company, and I will carry forward this experience in my
upcoming activities,” O’Neil said.
Rey added: “We wish Tom the best as he pursues new possibilities that
will benefit from his talents.”
About Arcadia Biosciences, Inc.
Based in Davis, Calif., with additional facilities in Seattle, Wash. and
Phoenix, Ariz., Arcadia Biosciences (NASDAQ: RKDA) develops agricultural
products that create added value for farmers while benefitting the
environment and enhancing human health. Arcadia’s agronomic performance
traits, including Nitrogen Use Efficiency, Water Use Efficiency,
Salinity Tolerance, Heat Tolerance and Herbicide Tolerance, are all
aimed at making agricultural production more economically efficient and
environmentally sound. Arcadia’s nutrition traits and products are aimed
at creating healthier ingredients and whole foods with lower production
costs. The company was recently listed in the Global Cleantech 100 and
was previously named one of MIT Technology Review's 50 Smartest
Companies. For more information, visit www.arcadiabio.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20151005006670/en/
Source: Arcadia Biosciences, Inc.
Arcadia Biosciences, Inc.
Jeff Bergau
jeff.bergau@arcadiabio.com
+1-312-217-0419
