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Bio-Industry Veteran Greg Roda Joins Gevo

Stocks in this article: GEVO

ENGLEWOOD, Colo., Sept. 5, 2013 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO) announced today that Greg Roda has joined the company as Chief Commercial Officer. In this role, Roda will be responsible for all business development activities for the Company.

"Greg's background is ideally suited to leading commercial development at Gevo because it cuts across organization of supply chains, value added selling, customer partnerships, and renewable chemicals and materials," stated Dr. Patrick Gruber, CEO of Gevo. "Greg is a proven leader."

"Isobutanol has huge market potential cutting across oxygenated fuels, hydrocarbon fuels, plastics, films, fibers, and other materials," said Greg Roda. "I'm pleased to be joining and I expect to make a significant contribution to the success of Gevo."

Roda comes to Gevo with more than 17 years of strategic leadership, business development, research and product development in bio-based materials. Most recently, Roda was Chief Executive Officer of Outlast Technologies, Inc. from 2007 to 2012, a privately funded technology company that develops, licenses, and markets phase change materials for use in temperature regulating fabrics, packaging and industrial materials. Prior to Outlast, Roda was with Natureworks as a Business Development Executive overseeing commercialization of polylactic acid in the fiber and textile industry. In this role he was responsible for building a global supply chain, creating market pull-through with downstream customers, and negotiating contracts to align the interests of Natureworks and its partners. He also led a team in developing the business strategy for the Company. From 1996 to 2002 he was with Cargill's Strategy and Business Development Group spending 4 years in Singapore with a focus on building Cargill's palm oil plantation business through acquisition and strategic partnerships.

Roda holds a BS in Mechanical Engineering from the University of Michigan and an MBA with a concentration in International Business and Finance from the University of Chicago.

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