Calyxt Strengthens its Leadership Team to Support Commercial Growth Opportunities
September 03 2019 - 05:59PM
Business Wire
Calyxt, Inc. (NASDAQ: CLXT) a healthy food ingredients company,
today announced that the Company is expanding its leadership team
to support commercial growth opportunities.
This move includes the appointment of Keith Blanks to the newly
created position of Senior Vice President of Sales and Marketing,
effective today. In his role, Mr. Blanks will be responsible for
driving sales with a focus on growing the Company’s foodservice and
food and pet food manufacturing customer bases.
With this addition, Manoj Sahoo will assume the role of Chief
Business Development and Supply Chain Officer, focusing his efforts
on the development of strategic collaborations across Calyxt
platforms of wellness, plant-based proteins and sustainability. He
will also continue to expand the Company’s grower network and
supply chain. Previously, Mr. Sahoo fulfilled the role of Chief
Commercial Officer with responsibilities for food customers, grower
relations and supply chain management.
“This expansion focuses Calyxt on our food customers and builds
this food sales team,” said Jim Blome, chief executive officer with
Calyxt. “In order to do just that, we are bringing in a seasoned
executive to steer our sales and go-to-market strategies, which in
turn empowers Mr. Sahoo to focus on emerging opportunities for the
Company.”
Mr. Blanks brings a successful track record that includes
high-profile leadership positions and recognized sales achievements
in the food ingredient and agriculture industries. Throughout his
tenured career, he has built a reputation of trust and developed
go-to-market strategies to help incubate new products into mature
revenue-generating engines.
“We’re excited for Keith to bring his practical experience and
understanding of a diverse range of business management
applications to Calyxt,” said Jim Blome, chief executive officer
with Calyxt. “A tenacious sales leader with deep-rooted values in
customer loyalty, Keith will play a pivotal role as we grow our
customer base and make it easy to do business with Calyxt.”
Keith brings more than 25 years of commercial experience to
Calyxt. Most recently with High Liner Foods, he served as General
Manager and Vice President of the Aquaculture/Shrimp category after
heading up National Accounts. He previously held executive
positions throughout his 20-year career with Cargill, where he most
recently led a National Accounts team representing eight
foodservice and food manufacturing business units. He previously
served on the Board of Trustees for the Washburn Center for
Children and is a former chair with United Way.
About Calyxt Calyxt is committed to making the food you
love a healthier choice. The care we take extends beyond
nutritional value. We partner with farmers and food companies to
deliver traceable plant-based products developed to be healthier
and more sustainable than their conventional counterparts. We use
cutting edge plant breeding techniques to develop products that
help improve diets by reducing bad fats, allergens and toxins.
Today oil from our high oleic soybean plants has lower saturated
fats than commodity soybean oil. We are also developing high fiber
wheat designed to provide an excellent source of daily fiber when
incorporated into wheat-based foods. We continuously pursue
innovation to deliver good food that is good for you.
Calyxt is located in Roseville, MN, and is listed on the Nasdaq
market (ticker: CLXT). For further information please visit our
website at www.calyxt.com.
Calyxt® and the corporate logo are trademarks owned by Calyxt,
Inc.
Calyxt 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 negative of
these terms and other comparable terminology. These 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 our Annual Report on Form 10-K, along
with our other 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 statements, whether as
a result of new information, future developments or otherwise,
should circumstances change, except as otherwise required by
applicable laws.
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version on businesswire.com: https://www.businesswire.com/news/home/20190903005928/en/
Media contacts Trina Lundblad, Director of Corporate
Communications Phone: +1 (612) 790-0514 email: media@calyxt.com
Investor Relations contact Simon Harnest, VP Corporate
Strategy and Finance Phone: +1 (646) 385-9008 email:
simon.harnest@calyxt.com
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