SAN DIEGO, June 9, 2017 /PRNewswire/ -- Senomyx, Inc.
(NASDAQ: SNMX), a leading company using proprietary taste science
technologies to discover, develop, and commercialize novel flavor
ingredients and natural high intensity sweeteners for the food,
beverage, and ingredient supply industries, announced today
that Tony Rogers has resigned from
his position as Senior Vice President and Chief Financial Officer
for personal reasons, effective July 28,
2017. He will continue as an advisor until December 22, 2017 to ensure a smooth transition
to his successor.
"For family and personal reasons I have made the very difficult
decision to resign from my position with Senomyx," said
Tony Rogers, Senior Vice President
and Chief Financial Officer. "I remain confident that the team will
continue to execute on our strategy and the Company will enjoy
renewed success in the future."
"The Board and the Management team are thankful for Tony's
leadership over the past fifteen years. He built a strong finance
team, helped lead our transition to a public company and played an
important role in implementing our strategic initiatives. We
understand and support his decision to step down for family reasons
and wish him well in his future endeavors," said John Poyhonen, President and Chief Executive
Officer.
Dave Humphrey has been promoted
to Vice President of Finance, effective immediately. He joined
Senomyx in 2012 as the Senior Director, Finance and Controller and
has been an instrumental member of the Finance team. Prior to
joining the Company, he held finance and accounting positions and
consulted at numerous biotechnology and medical device companies,
in addition to founding a financial planning practice. Mr.
Humphrey holds a Bachelor of Science with Honors in Accountancy
from the University of Illinois at
Urbana-Champaign and is a Certified Public Accountant (CPA)
in California.
"Senomyx is fortunate to have Dave
Humphrey ready to take the leadership role in Finance. He
has been groomed over the past five years as part of our succession
planning process and possesses the knowledge, experience and skills
needed to execute our strategy," Poyhonen concluded.
About Senomyx, Inc.
Senomyx discovers novel flavor ingredients and natural high
intensity sweeteners that allow food and beverage companies to
create better-for-you products. Under its direct sales program,
Senomyx sells its Complimyx® brand flavor
ingredients, Sweetmyx®,
Savorymyx®, and Bittermyx®, to
flavor companies for use in a wide variety of foods and beverages.
In addition, Senomyx has partnerships with leading global food,
beverage, and ingredient supply companies, which are currently
marketing products that contain Senomyx's flavor ingredients. For
more information, please visit http://www.senomyx.com/.
Contact
Tony Rogers
Senior Vice President &
Chief Financial Officer
Senomyx, Inc.
858-646-8304
tony.rogers@senomyx.com
Forward-Looking Statements
Information presented in this communication contains
forward-looking statements within the meaning of the Section 27A of
the Securities Act of 1933, as amended (the "Securities Act"),
Section 21E of the Securities Exchange Act of 1934 (the "Exchange
Act") and the Private Securities Litigation Reform Act of 1995. All
statements relating to events or results that may occur in the
future, including, but not limited to, the development, growth and
expansion of the Company's business, the Company's intent, belief,
or current expectations, primarily with respect to the Company's
future operating performance, and the product the Company expects
to offer and other statements regarding matters that are not
historical facts, are forward-looking statements. Forward-looking
statements generally can be identified by words such as "may,"
"will," "could," "anticipate," "expect," "intend," "believe,"
"continue," or the negative of such terms, or other comparable
terminology. These statements are based on numerous assumptions and
involve known and unknown risks, uncertainties and other factors
that could significantly affect the Company's operations and may
cause the Company's actual actions, results, financial condition,
performance or achievements to be substantially different from any
future actions, results, financial condition, performance or
achievements expressed or implied by any such forward-looking
statements. Those factors include, but are not limited to, (i)
general economic and business conditions; (ii) changes in market
conditions; (iii) changes in regulations; (iv) actual or potential
takeover or other change-of-control threats; (v) the effect of
merger or acquisition activities; (vi) changes in the Company's
plans, strategies, targets, objectives, expectations or intentions;
and (vii) other risks, uncertainties and factors indicated from
time to time in the Company's reports and filings with the SEC
including, without limitation, most recently the Company's Annual
Report on Form 10-K for the period ended December 31, 2016, under the heading Item 1A -
"Risk Factors" and the heading "Management's Discussion and
Analysis of Financial Condition and Results of Operations." The
forward-looking statements speak only as of the date on which they
are made and the Company does not intend, and undertakes no
obligation to update or publicly release any revision to any such
forward-looking statements, whether as a result of the receipt of
new information, the occurrence of subsequent events, the change of
circumstance or otherwise, except as required by law.
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SOURCE Senomyx, Inc.