POLACHI RECRUITS PRESIDENT & CEO FOR METABOLIX
Public Clean Tech Company Taps Polachi for Top Executive Leadership
FRAMINGHAM, Mass., April 14, 2008 – Polachi, the leading provider of Access Executive Search™ services to technology, life sciences, clean tech, venture capital and private equity clients, today announced the recruitment of Richard P. Eno to the position of Chief Executive Officer at Metabolix, Inc. (NASDAQ: MBLX), a clean tech company focused on developing clean, sustainable solutions for plastics, chemicals and energy.
Mr. Eno replaced Jay Kouba, Ph.D., who had served as the company's interim CEO while a search was underway. Dr. Kouba will remain as Chairman of the Board.
“Rick’s strategic vision, combined with his strong knowledge of the chemical and energy sectors, made him the ideal candidate to lead an emerging clean tech company like Metabolix,” said Jim Poe, Partner. “His ability to provide leadership as the company successfully commercializes its technology and enter new markets while positioning Metabolix for substantial long-term growth will be a tremendous asset to the company as it continues to evolve as a leader in this nascent industry.”
With more than twenty five years of professional experience in the chemicals and energy business, Mr. Eno has held operating roles or led clients through challenges in nearly every aspect of these industries, including: corporate strategy development, technology management and commercialization; sales and marketing; organizational design and optimization; cost reduction and profitability improvement; and transaction support.
Most recently, Mr. Eno served as Vice President, Leader Global Oil & Gas Sector at CRA International (formerly known as Charles River Associates), a leading provider of management consulting services and economic and financial expertise to global companies. At CRA International, Mr. Eno helped lead the substantial growth of CRA's Chemicals and Petroleum Practice over the last five years.
Mr. Eno holds a Bachelor of Science Degree in Chemical Engineering from
Founded in 1992, Metabolix, Inc. is an innovation driven bioscience company focused on providing sustainable solutions for the world's needs for plastics, chemicals and energy. The Company is taking a systems approach, from gene to end product, integrating sophisticated biotechnology with advanced industrial practice. Metabolix is now developing and commercializing Mirel(TM) bioplastics, a sustainable and biodegradable alternative to petroleum-based plastics. Mirel is suitable for injection molding, extrusion coating, cast film and sheet, blown film and thermoforming. Metabolix is also developing a proprietary platform technology for co-producing plastics, chemicals and energy, from crops such as switchgrass, oilseeds and sugarcane.
Metabolix and Archer Daniels Midland Company (ADM) are commercializing Mirel through a joint venture called Telles. The first commercial scale Mirel production plant is being constructed adjacent to ADM's wet corn mill in
For more information, please visit www.metabolix.com. (MBLX-G)
Polachi (www.polachi.com) provides Access Executive Search™ services to technology, life sciences, clean tech, venture capital and private equity clients. The firm’s partners and principals, all search industry veterans with decades of experience, understand that leading companies deserve access to the absolute best talent on the planet. While traditional executive search firms limit candidate access due to “off-limits” protocol, and newer search firms lack the breadth and depth of connections, Polachi’s Access Executive Search™ model, coupled with unmatched agility, delivers the most accelerated results. Polachi is a sponsor of the New England Clean Energy Council (NEIC). For more information please call 508-650-9993 or visit www.polachi.com.
Liz Bradley | Director of Public Relations
tel 508.366.2099, ext. 119 fax 508.366.8099 cell 857.891.5531 find 69 milk street, suite 308, westborough, ma 01581
http://www.kelandpartners.com & facebook/liz & www.kelkellyblog.com