WEST PALM BEACH, Fla.,
Oct. 8, 2015 /PRNewswire/
-- Intrexon Corporation (NYSE: XON), a leader in synthetic
biology, today announced the appointment of Joseph L. Vaillancourt as Senior Vice President,
Head of Environment Sector, succeeding Nir
Nimrodi who continues in his role as Head of Corporate
Development. Mr. Vaillancourt will direct Intrexon's
endeavors to generate sustainable, biologically based solutions to
environmental problems.
Mr. Vaillancourt brings to Intrexon over two decades of
experience in companies ranging from start up to Fortune 500
companies in environmental and industrial businesses. Most
recently he founded and served as Managing Partner of V Enterprises
LLC dba Venture Enterprises, a strategic, management and
operational advisory firm supporting companies across a variety of
sectors including waste to energy, recycling, diversified
industrial products, and financial services. Prior to that,
Mr. Vaillancourt spent over 15 years with Waste Management Inc., a
leading provider of environmental solutions services in
North America, where he held a
variety of key roles including, Vice President of Corporate
Venturing, as well as Managing Director of Finance, Business
Optimization and Strategy for Wheelabrator Technologies Inc., a
wholly-owned subsidiary of Waste Management. He was one of
the founding members of Waste Management's corporate venturing
group focused on developing new growth platforms in the
environmental, sustainability, energy, recycling, and cleantech
sectors. He also previously served as a Founder and Principle
at Red Team Consulting Group, LLC an advisory firm supporting
private equity firms in the specialty contracting, industrial, and
fabrication sectors. Mr. Vaillancourt received both an M.B.A
and a B.S. in Accounting and Finance from the University of Massachusetts.
"Intrexon is at the leading edge of bio-based innovation to
address existing and emerging world problems," remarked Mr.
Vaillancourt. "I am excited to join the Intrexon team to
contribute my experiences in sustainability issues and business
development to help advance the Company's mission of environmental
stewardship."
"We have achieved important progress in our Environment Sector
over the past year, in particular adding Oxitec as the cornerstone
of our environmental efforts. Along with our other
collaborations in this space, we are ready to expand to the next
level," commented Nir Nimrodi,
Senior Vice President and Head of Corporate Development.
"Joe's diverse experience in delivering value to stakeholders in
areas such as bioremediation, turning waste to valuable assets and
recycling, will be an asset to Intrexon in further building our
Environment programs and expanding our collaborative
partnerships."
Randal J. Kirk, Chairman and
Chief Executive Officer of Intrexon, added, "Joe's domain knowledge
and broad industrial experience will complement Intrexon's
capabilities in biological systems to create opportunities for our
synthetic biology solutions to benefit the environment. We
greatly look forward to working with him."
About Intrexon Corporation
Intrexon Corporation
(NYSE:XON) is Powering the Bioindustrial Revolution with Better
DNA™ to create biologically-based products that improve the quality
of life and the health of the planet. The Company's integrated
technology suite provides its partners across diverse markets with
industrial-scale design and development of complex biological
systems delivering unprecedented control, quality, function, and
performance of living cells. We call our synthetic biology approach
Better DNA®, and we invite you to discover more at
www.dna.com.
Trademarks
Intrexon, Powering the Bioindustrial
Revolution with Better DNA, and Better DNA are trademarks of
Intrexon and/or its affiliates. Other names may be trademarks of
their respective owners.
Safe Harbor Statement
Some of the statements made in
this press release are forward-looking statements. These
forward-looking statements are based upon our current expectations
and projections about future events and generally relate to our
plans, objectives and expectations for the development of our
business. Although management believes that the plans and
objectives reflected in or suggested by these forward-looking
statements are reasonable, all forward-looking statements involve
risks and uncertainties and actual future results may be materially
different from the plans, objectives and expectations expressed in
this press release.
For more information regarding Intrexon Corporation,
contact:
Investor Contact:
Christopher Basta
Vice President, Investor Relations
Tel: +1 (561) 410-7052
investors@intrexon.com
Corporate Contact:
Marie
Rossi, Ph.D.
Senior Manager, Technical Communications
Tel: +1 (301) 556-9850
publicrelations@intrexon.com
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SOURCE Intrexon Corporation