Danimer Scientific Appoints Stephen Martin as Chief Legal Officer and Corporate Secretary
September 20 2022 - 8:30AM
Business Wire
Martin, a Duke University graduate and former
Air Force officer, brings experience managing the legal affairs of
publicly traded companies
Danimer Scientific, Inc. (NYSE: DNMR) (“Danimer” or the
“Company”), a leading next-generation bioplastics company focused
on the development and production of biodegradable materials, today
announced it has appointed Stephen Martin as Chief Legal Officer
and Corporate Secretary. In this role, Martin will manage a wide
range of legal matters across the company as Danimer continues to
expand its manufacturing capacity to meet demand in the
fast-growing bioplastics market.
Martin joins Danimer from Kaman Distribution Group, a leading
national distributor of highly engineered products and services,
where he had served as General Counsel and Corporate Secretary from
2020 until that company’s successful sale earlier this year. Before
that, he was General Counsel and Corporate Secretary for Accuride
Corporation, a vehicle components manufacturer, starting in
2008.
Stephen E. Croskrey, Chairman and Chief Executive Officer of
Danimer, said, “We’re thrilled to have Steve join Danimer at this
important point in our company’s history. His broad skill set,
familiarity with numerous industries, and experience managing the
legal affairs of publicly traded companies will be vital as we
continue scaling up our production of renewable and sustainable
biopolymers, offering manufacturers environmentally friendly
alternatives to single-use plastics.”
Martin served as an officer in the Air Force from 1992 to 1998,
managing the procurement of avionics systems for the Atlas Launch
Vehicle system and serving on a satellite command and control
squadron responsible for operating a constellation of satellites.
He is a distinguished graduate of Squadron Officer School.
Martin received his Juris Doctor from Duke University School of
Law in 2001, graduating cum laude. He received his master’s from
the University of Southern California and his bachelor’s degree
from the University of Miami, both in electrical engineering.
“I’m pleased to be joining Danimer just as the potential of
bioplastics is starting to be more widely known,” Martin said. “As
Danimer continues to build momentum in this growing industry, I’m
excited to apply my expertise to tackle legal questions and further
strengthen our company for the future.”
For more information, please visit
www.DanimerScientific.com.
About Danimer Scientific
Danimer is a pioneer in creating more sustainable, more natural
ways to make plastic products. For more than a decade, its
renewable and sustainable biopolymers have helped create plastic
products that are biodegradable and compostable and return to
nature instead of polluting our lands and waters. Danimer’s
technology can be found in a vast array of plastic end products
that people use every day. Applications for its biopolymers include
additives, aqueous coatings, fibers, filaments, films and
injection-molded articles, among others. Danimer holds more than
430 granted patents and pending patent applications in more than 20
countries for a range of manufacturing processes and biopolymer
formulations. For more information, visit
www.DanimerScientific.com.
Forward‐Looking Statements
Please note that in this press release we may use words such as
“appears,” “anticipates,” “believes,” “plans,” “expects,”
“intends,” “future,” and similar expressions which constitute
forward-looking statements within the meaning of the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements are made based on our expectations and
beliefs concerning future events impacting the Company and
therefore involve a number of risks and uncertainties. We caution
that forward-looking statements are not guarantees and that actual
results could differ materially from those expressed or implied in
the forward-looking statements. Potential risks and uncertainties
that could cause the actual results of operations or financial
condition of the Company to differ materially from those expressed
or implied by forward-looking statements in this release include,
but are not limited to, the overall level of consumer demand on our
products; general economic conditions and other factors affecting
consumer confidence, preferences, and behavior; disruption and
volatility in the global currency, capital, and credit markets; the
financial strength of the Company's customers; the Company's
ability to implement its business strategy, including, but not
limited to, its ability to expand its production facilities and
plants to meet customer demand for its products and the timing
thereof; risks relating to the uncertainty of the projected
financial information with respect to the Company; the ability of
the Company to execute and integrate acquisitions; changes in
governmental regulation, legislation or public opinion relating to
our products; the Company’s exposure to product liability or
product warranty claims and other loss contingencies; disruptions
and other impacts to the Company’s business, as a result of the
COVID-19 global pandemic and government actions and restrictive
measures implemented in response; stability of the Company’s
manufacturing facilities and suppliers, as well as consumer demand
for our products, in light of disease epidemics and health-related
concerns such as the COVID-19 global pandemic; the impact on our
business, operations and financial results from the ongoing
conflict in Ukraine; the impact that global climate change trends
may have on the Company and its suppliers and customers; the
Company's ability to protect patents, trademarks and other
intellectual property rights; any breaches of, or interruptions in,
our information systems; the ability of our information technology
systems or information security systems to operate effectively,
including as a result of security breaches, viruses, hackers,
malware, natural disasters, vendor business interruptions or other
causes; our ability to properly maintain, protect, repair or
upgrade our information technology systems or information security
systems, or problems with our transitioning to upgraded or
replacement systems; the impact of adverse publicity about the
Company and/or its brands, including without limitation, through
social media or in connection with brand damaging events and/or
public perception; fluctuations in the price, availability and
quality of raw materials and contracted products as well as foreign
currency fluctuations; our ability to utilize potential net
operating loss carryforwards; and changes in tax laws and
liabilities, tariffs, legal, regulatory, political and economic
risks. More information on potential factors that could affect the
Company's financial results is included from time to time in the
Company's public reports filed with the Securities and Exchange
Commission, including the Company's Annual Report on Form 10-K,
Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
All forward-looking statements included in this press release are
based upon information available to the Company as of the date of
this press release, and speak only as of the date hereof. We assume
no obligation to update any forward-looking statements to reflect
events or circumstances after the date of this press release.
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version on businesswire.com: https://www.businesswire.com/news/home/20220920005476/en/
For Danimer: Investors ir@danimer.com Phone: 229-220-1103
Media Anthony Priwer apriwer@daltonagency.com Phone:
615-515-4891
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