Christopher J. Neugent, a Leader of the Food Industry, Joins Calyxt Board of Directors
September 17 2018 - 4:30PM
Business Wire
Calyxt, Inc. (NASDAQ: CLXT) announced today that Christopher J.
Neugent, Executive Vice President of Strategy of Post Holdings,
Inc. (NYSE: POST), joined its board of directors.
Mr. Neugent has nearly three decades of experience in the
consumer packaged goods and food industries, including as President
and CEO of Post Consumer Brands and as Chairman and CEO of MOM
Brands, which was purchased by Post Holdings in 2015.
“Mr. Neugent’s industry expertise and executive leadership will
be invaluable to Calyxt during a pivotal time in our growth as we
are heading to our first commercial launch of a product to market,
our high oleic soybean oil” said Dr. André Choulika, Chairman of
Calyxt’s Board of Directors. “Chris’ extensive and varied board
experience with Welch Foods, Second Harvest Heartland, University
of Minnesota’s Carlson School of Management and Enactus, along with
his strategic vision and deep insight into consumer brands, will be
a huge asset as we accelerate in the development of our product
pipeline and engage in new and innovative research and development
to bring healthier food to consumers.”
“The future of food production is contingent upon developing
foods that are cost-effective and nutritionally rich for consumers,
and at the same time sustainable and environmentally friendly,”
added Mr. Neugent. “I wholeheartedly believe that Calyxt’s work as
a leader in bringing healthier food choices to market will be
critical in paving a path forward for the industry, and I look
forward to contributing my experience to the Company’s board.”
Mr. Neugent, 57, has served as the Executive Vice President of
Strategy for Post Holdings, Inc. since July 2018. Prior thereto, he
served as President and CEO, Post Consumer Brands, from November
2015 until July 2018. Previously, Mr. Neugent served as the
President and Chief Executive Officer of MOM Brands Company since
May 2015, when Post acquired MOM Brands Company. From 2001 until
the acquisition, Mr. Neugent served in various roles at MOM Brands
Company, most recently as Chairman and CEO. Mr. Neugent has served
on the Board of Directors of Welch Foods Inc. since February 2016.
He holds a Bachelor of Arts degree in economics from Princeton
University and completed the Advanced Management Program at the
Wharton School of Business.
About Calyxt
Calyxt, Inc. is a consumer-centric, food- and
agriculture-focused company. Calyxt is pioneering a paradigm shift
to deliver healthier food ingredients, such as healthier oils and
high fiber wheat, for consumers and crop traits that benefit the
environment and reduce pesticide applications, such as disease
tolerance, for farmers. Calyxt develops non-transgenic crops
leveraging processes that occur in nature by combining its leading
gene-editing technology and technical expertise with its innovative
commercial strategy. Calyxt is located in Minneapolis-St. Paul, MN,
and is listed on the Nasdaq market (ticker: CLXT).
For further information please visit our website: www.calyxt.com
Calyxt™ and the corporate logo are trademarks owned by Calyxt,
Inc.TALEN® is a registered trademark owned by Cellectis S.A.
Forward-Looking Statements
This communication contains “forward-looking statements” within
the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. In some cases, you can
identify these statements by forward-looking words such as “may,”
“might,” “will,” “should,” “expects,” “plans,” “anticipates,”
“believes,” “estimates,” “predicts,” “potential” or “continue,” the
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forward-looking statements, which are subject to risks,
uncertainties and assumptions about us, may include projections of
our future financial performance, our anticipated growth strategies
and anticipated trends in our business. These statements are only
predictions based on our current expectations and projections about
future events. There are important factors that could cause our
actual results, level of activity, performance or achievements to
differ materially from the results, level of activity, performance
or achievements expressed or implied by the forward- looking
statements, including those factors discussed under the caption
entitled “Risk Factors” in Calyxt’s Annual Report on Form 10-K,
along with other Calyxt subsequent filings with the U.S. Securities
and Exchange Commission. We do not assume any obligation to
publicly provide revisions or updates to any forward- looking
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version on businesswire.com: https://www.businesswire.com/news/home/20180917005688/en/
MediaCalyxt, Inc.Jennifer Moore, 917-580-1088VP
Communicationsmedia@calyxt.comorKCSA Strategic
CommunicationsCaitlin Kasunich / Nick Opich212-896-1241 /
212-896-1206ckasunich@kcsa.com / nopich@kcsa.comorInvestor
RelationsCalyxt, Inc.Simon Harnest, 646-385-9008VP Corporate
Strategy and Financesimon.harnest@calyxt.com
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