Oct 2018 Board Changes & Cash.9 Nov 2018 18:16
Itaconix, a leading innovator in sustainable, specialty polymers, announces the appointment of John I.Snow III to the board of Itaconix as a Non-Executive Director, with immediate effect. As was notified in the fundraising announcement of 12 July 2018, with Mr. Snow’s appointment as an appropriate replacement, Julian Heslop steps down from the board of Itaconix with immediate effect. Mr. Snow is President and Managing Director of Quabb in Capital, a private investment management firm in Boston, Massachusetts, USA. Prior to joining Quabbin, John was an auditor with KPMG in New York City and Boston. He is a Certified Public Accountant and Chartered Financial Analyst, and holds a Master of Science in Accounting degree from New York University and a Bachelor of Arts degree in economics from Amherst College.
“With his deep financial and investment experience in growth companies, we welcome having John on our
board,” said John R. Shaw, Itaconix CEO. "Julian Heslop has served the Company and our shareholders with rigor and the utmost integrity. We thank him for his years of contributions toward our progress and
advancement as an emerging growth company.
Itaconix, a leading innovator in sustainable, specialty polymers, announces the appointment of existing Non-
Executive Director Jim Barber as Non-Executive Chairman of the Company effective 1 December 2018. He
replaces Kevin Matthews, Executive Chairman, who is stepping down from the Board effective 21 December
2018, as was previously notified in the fundraising announcement of 12 July 2018.
“Kevin’s decisiveness and experience as a specialty chemicals executive has resulted in a business well
positioned with opportunities for growth in sustainable polymers,” said John R. Shaw, Chief Executive. “His
efforts and dedication to serving the needs of our customers, employees, and shareholders are greatly
appreciated.” IMO only of course.I like the changes. 1st August 2018.American investors apparently snapped up extra shares in August 1st fund-raising of £4.5 Million. This is another reason I invested today & the 2 Board change,s. New blood & ideas taking the company forward.Apparently the company may HQ in the US.
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